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.
Autorentext
Professor Gianluca Oricchio is currently General Manager at Campus Bio-Medico University Hospital, and a senior consultant for Moody's Analytics, having previously held senior capital and risk management positions at several global financial institutions including UniCredit Group, Capitalia SpA, and Banca di Roma SpA. Professor Oricchio holds a Ph.D. in International Accounting and has written a number of books on financial markets, corporate finance and risk management, including Basel III Credit Rating Systems: An Applied Guide to Quantitative and Qualitative Models (Palgrave Macmillan, 2011) and Credit Treasury: A Credit Pricing Guide in Liquid and Non-Liquid Markets (Palgrave Macmillan, 2011).
Inhalt
Introduction Private Companies' Equity Valuation Methods Cost of Equity for Private Companies: the Integrated Pricing Model Integrated Pricing Model in USA Integrated pricing model in Japan Integrated pricing model in China Integrated pricing model in Russia Integrated Pricing Model in India Integrated Pricing Model in Italy
Titel
Private Company Valuation
Untertitel
How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools
Autor
EAN
9781137271785
ISBN
978-1-137-27178-5
Format
E-Book (pdf)
Hersteller
Herausgeber
Veröffentlichung
17.10.2012
Digitaler Kopierschutz
Wasserzeichen
Dateigrösse
2.96 MB
Anzahl Seiten
301
Jahr
2012
Untertitel
Englisch
Unerwartete Verzögerung
Ups, ein Fehler ist aufgetreten. Bitte versuchen Sie es später noch einmal.