Private Company Valuation How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools

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 bus...

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Bibliographic Details
Main Author: Oricchio, Gianluca
Format: eBook
Language:English
Published: London Palgrave Macmillan UK 2012, 2012
Series:Global Financial Markets Series
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary: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
Physical Description:XX, 301 p online resource
ISBN:9781137271785