Risk, expected return, and the cost of equity capital
نویسندگان
چکیده
منابع مشابه
The relationship between Structural risk and Expected return of sukuk
Sukuk is the most important Islamic financial securities designed based on Islamic laws, and the relationship between risk and return is the most basic concept in Islamic finance. The results of examining and comparing the similarities between bonds and sukuk show that the most important difference between these two financing tools is the type of asset backed by sukuk and the type of asset cont...
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The expected return to equity — typically measured as a historical average — is a key variable in the decision making of investors. A recent literature uses analysts’ forecasts, investor surveys or present-value relationships and finds estimates of expected returns that are sometimes much lower than historical averages. This study extends the present-value approach to a dynamic optimizing frame...
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ژورنال
عنوان ژورنال: New Zealand Economic Papers
سال: 2005
ISSN: 0077-9954,1943-4863
DOI: 10.1080/00779950509558492