Current theories of the discount rate have a theoretical basis focused on risk; risk-free and risk premium. The basic component rate, as purely empirical has natural infirmity which consequently weakens final theory. Similarly, premium category is not theoretically perfect. fundamental shortcoming that theory does relate to knowledge capital its potential growth. Therefore, purpose discussion j...

The research is aimed at developing tools for determining and justifying specific ESG risks the purpose of accounting projected cash flows in discount rate business valuation. A study modern methods, standards publications this area has been conducted, need their refinement development practical use determined.
 used results works by foreign domestic authors, as well own professional exper...

Based on IFRS laws, British companies have started providing their reporting systems according to International Standards Requirements regarding disclosing their financial derivatives since January 2005. In 2013, Iran revised its Accounting Standard No. 15 to include the derivative instruments. The present study aims at investigating the effect of this revision on financial derivatives and inst...

Costs and benefits in the distant future—such as those associated with global warming, long-lived infrastructure, hazardous and radioactive waste, and biodiversity—often have little value today when measured with conventional discount rates. We demonstrate that when the future path of this conventional rate is uncertain and persistent (i.e., highly correlated over time), the distant future shou...

Standard measures of private equity performance based on cash flows overlook discount rate risk. An index constructed from prices paid in secondary market transactions indicates that rates vary considerably. While the standard alpha for our is zero, flow data funds are large and positive. To illustrate results not driven by idiosyncrasies markets, we obtain similar using returns synthetic inves...

The debate about project economic sustainability evaluation from a life cycle perspective focused on the conventional Life Cycle Costing (LCC). Despite potentialities of approach for evaluating design options at different scales (building/system/component/material), some limits emerge due to neoclassical nature principles which it is founded. most important aspect this necessity clarify how dea...