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dc.contributor.authorMichalski, Grzegorz
dc.date.accessioned2013-02-10T09:23:34Z
dc.date.available2013-02-10T09:23:34Z
dc.date.issued2013-02-10
dc.identifier.citationGrzegorz Michalski (2012) : Risk sensitivity indicator as correction factor forcost of capital rate, http://hdl.handle.net/10419/67534
dc.identifier.urihttp://depot.ceon.pl/handle/123456789/621
dc.description.abstractCost of capital rate is a result of risk included in cost of debt rates and cost of equity rates. Generally to estimate cost of capital rates with use of CAPM conception, is used information about general risk indicator, known as beta coefficient and relations between debt and equity rates. Such approach in unmodified version, falsely gives the similar results for enterprises from the same sector and with similar levels of debt to equity relations. In paper is presented risk sensitivity indicator conception which allows to differentiate cost of capital rate between more risk sensitive businesses and less sensitive businesses.en
dc.description.sponsorshipNCN (DEC-2011/01/B/HS4/04744)en
dc.language.isoenen
dc.publisherLeibniz Information Centre for Economics
dc.relationinfo:eu-repo/grantAgreement/EC/FP7/DEC-2011/01/B/HS4/04744en
dc.rightsCreative Commons Uznanie autorstwa 3.0 Polskapl_PL
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/pl/legalcode
dc.subjectsensitivity indicatoren
dc.subjectenterprise valueen
dc.subjectcost of capitalen
dc.subjectrisk sensitivityen
dc.titleRisk sensitivity indicator as correction factor for cost of capital rateen
dc.typeinfo:eu-repo/semantics/conferenceObjecten
dc.contributor.organizationWrocław University of Economicsen
dc.description.epersonGrzegorz Michalski
dc.rights.DELETETHISFIELDinfo:eu-repo/semantics/openAccess


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Creative Commons Uznanie autorstwa 3.0 Polska
Except where otherwise noted, this item's license is described as Creative Commons Uznanie autorstwa 3.0 Polska