Estimating SMEs Cost of Equity Using a Value at Risk Approach: The Capital at Risk Model

Beltrame, F.; Cappelletto, R.; Toniolo, G.

As well as reviewing traditional models, this book proposes an alternative model for estimating the cost of risk capital. This model, known as CaRM (Capital at Risk Model), bases the cost estimate of risk capital on VaR (Value at Risk) for the very first time. This book is an ideal resource for developing valuation research in SMEs.

Details

Published by: Palgrave Macmillan

Publication Date: 2014-01-01

Format: Paperback

ISBN-13: 9781349482344

DOI: 10.1057/9781137389305

Dimensions: 216cm x140cm

Pages: 210