Private Company Valuation How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools
Description
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.
Keywords
Business & EconomicsFinanceFinancial Risk ManagementAccountingCorporate FinanceIndustriesFinancial ServicesDevelopmentEconomic DevelopmentManagementMathematicsGame Theory
2012Book
Author(s)Gianluca Oricchio
PublisherPalgrave Macmillan UK
ISBN9780230291447
LanguageEnglish
