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...
C. Lee, and Bhaskaram Swaminathan, 2001, Toward an implied cost of capital, Journal of Accounting Research 39, 135-176.Gebhardt, W. R., C. M. C. Lee, and B. Swaminathan, 2000, Toward an implied cost of capital, Journal of Accounting Research, forthcoming....
Capital budgetingInvestmentsEarnings forecastsIn this study, we propose an alternative technique for estimating the cost of equity capital. Specifically, we use a discounted residual income model to generate a market implied cost-of-capital. We then examine firm characteristics that are systematically ...
Toward an implied cost of capital. J. Account. Res., 39: 135-176. Hamada, R.S., 1969. Portfolio analysis, market equilibrium and corporation finance. J. Financ., 24: 13-31. Ian, C., 2002. WACC Attack CUIMA Insider. An official Journal of the Chartered Institute of Management ...
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We present an analytical approach to institutional analysis that draws inspiration from control process engineering in the physical sciences. We characterize smart institutions as having three foundational features. First, smart institutions are context
cost-inefficiency of eCO2R technology by developing new systems excluding pre-/post-conditioning processes, such as utilization of low-concentration CO2(e.g., flue gas)9,10,11and direct conversion of CO2captured in an amine solution12,13. In particular, direct eCO2R in an amine solution is...
When thousands who were deployed in the service of divide-and-conquer come forward and speak truth, it creates a real conundrum for the senders. When it isn’t just a Manning or a Snowden or an Assange that has the shining courage to reveal truth, when it’s tens of thousands or many...
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