Fully updated and revised by international authorities on the topic, this new version of a
classic and established text returns to its roots as a clear and concise introduction to this …

M&A activity has greatly increased in Latin America in the recent past. As a result, the
improvement of valuation techniques has gained a prominent place in the agenda of …

This paper discusses the challenges of applying traditional valuation techniques to
emerging markets, and reports on how CFOs, financial advisors and private equity funds …

This paper seeks to analyse and propose alternative procedures to estimate the cost of
equity through the capital asset pricing model (CAPM) in the context of electricity …

The large number of investment valuation practices for securities in emerging markets and
the volatility of their returns make the focus of this Research Foundation monograph timely …

Objetivo: O objetivo desta pesquisa é verificar a aplicabilidade dos modelos CAPM local,
CAPM Local Ajustado e CAPM Ajustado Híbrido ao mercado brasileiro, a partir da análise …

Cost of equity estimates are compared for three pricing models: the traditional local CAPM,
the single (market) factor global CAPM, and the two‐factor global CAPM, with both market …

La finalidad de la investigación es investigar y evaluar si, en promedio, las proyecciones de
las tasas de descuento hechas por las empresas brasileñas, en informes de evaluación …

Die Bewertung von Unternehmen bzw. Unternehmensanteilen ist selbst in entwickelten
Märkten keine leichte Aufgabe, bei grenzüberschreitenden Unternehmenskäufen wird sie …

Combining the theory with the empirical evidence, I propose a pragmatic approach to
estimating the cost of equity for industry groups operating in African, Asian, and Latin …