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Reichling et al., 2017 - Google Patents

Costs of capital under credit risk

Reichling et al., 2017

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Document ID
7778280322438286616
Author
Reichling P
Zbandut A
Publication year
Publication venue
Available at SSRN 2896148

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Snippet

Credit risk analysis represents a growing field in financial research since decades. However, in cost of capital computations, credit risk is merely taken into consideration at the level of the debt beta approach. Our paper proves that applications of the debt beta approach suffer …
Continue reading at papers.ssrn.com (PDF) (other versions)

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