资本的成本 Cost of Capital, Workbook 热度: Goldman Sachs -碳经济学报告--资本市场的双重作用改变了净零成本曲线 _Carbonomics- The Dual Action of Capital Markets Transforms the Net Zero Cost Curve report(2021.11.12) 热度: EvaluatingCross-SectionalForecastingModelsfor ...
Capital Asset Pricing ModelImplied cost of capital has been a research method to measure ex-ante market risk premia using analysts' forecasts and observable share prices. Despite its theodoi:10.2139/ssrn.2190753Fabian EchterlingBrigitte Eierle
IMPLIED COST OF CAPITAL WITH STATA Dr. Jun Gu E-mail: gujun@szu.edu.cn Department of Accounting School of Economics, Shenzhen University 第二届Stata中国用户大会 本报告主要内容 ■ 内含资本成本(Implied Cost of Capital)的主要计算方法: – 内含资本成本简介 – 内含资本成本计算流程 – 内含资本成本...
implied cost of capitaldiscount rateIn this study, we examine the relation between implied cost of capital and expected returns under an assumption that expected returns are stochastic, a propertydoi:10.2139/ssrn.1028882Hughes, John S.Liu, Jing...
The computation of implied cost of capital (ICC) is constrained by the lack of analyst forecasts for half of all firms. Hou et al. (J Account Econ 53:504–526, 2012 , HVZ) present a cross-sectional model to generate forecasts in order to compute ICC. However, the forecasts from the ...
Journal of Accounting Research Vol. 39 No. 1 June 2001 Printedi n . Toward an Implied Cost of Capital WILLIAM R. GEBHARDT,* CHARLES M. C. LEE,* AND BHASKARAN SWAMINATHAN* Received 15January 1999; accepted 13 September 2000 ABSTRACT In this study, we propose an alternative technique for es...
1 Evaluating Implied Cost of Capital Estimates By We propose a two-dimensional framework for assessing the quality of implied cost of capital (ICC) estimates as proxies for firm-level expected returns. Und... CMC Lee,EC So,CCY Wang 被引量: 0发表: 2010年 Properties of implied cost of ...
We show that a firm's implied cost-of-capital is a function of its industry membership, B/M ratio, forecasted long-term growth rate, and the dispersion in analyst earnings forecasts. Together, these variables explain around 60% of the cross-sectional variation in future (two-year-ahead) ...
The computation of implied cost of capital (ICC) is constrained by the lack of analyst forecasts for half of all firms. Hou et al. (J Account Econ 53:504–526,2012, HVZ) present a cross-sectional model to generate forecasts in order to compute ICC. However, the forecasts from the HVZ...
We examine the relation between implied cost of capital and expected returns under an assumption that expected returns are stochastic, a property supported