: G. Oricchio
: Private Company Valuation How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools
: Palgrave Macmillan
: 9781137271785
: 1
: CHF 56.80
:
: Management
: English
: 301
: Wasserzeichen
: PC/MAC/eReader/Tablet
: PDF
The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. Here a new cost of equity method for private companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.