Cost-of-Capital in Managerial Finance - Dennis Schlegel

Cost-of-Capital in Managerial Finance

An Examination of Practices in the German Real Economy Sector

(Autor)

Buch | Softcover
XII, 245 Seiten
2016 | 1. Softcover reprint of the original 1st ed. 2015
Springer International Publishing (Verlag)
978-3-319-38623-2 (ISBN)
106,99 inkl. MwSt
This book examines cost-of-capital models and their application in the context of managerial finance. This includes the use of hurdle rates in capital allocation decisions, as well as target returns in performance management. Besides a review of classical finance models such as the Capital Asset Pricing Model (CAPM), other contemporary models and techniques to determine the cost-of-capital of business units and private companies are discussed. Based on a mixed methods approach, current cost-of-capital practices and their determinants are empirically analyzed among German companies.

Dennis Schlegel is an expert in the field of Managerial Finance and Accounting. He graduated with a PhD from Leeds Beckett University, UK. He currently holds a position as a consultant at a Big Four audit and advisory firm in Germany and is a visiting lecturer at various universities.

Introduction.- Background: Cost-of-Capital in the Finance Literature.- Previous Results on Cost-of-Capital Practices.- Research Philosophy and Ethics.- Empirical Research Approach and Methods.- Primary Research: Expert Interviews.- Primary Research: Company Survey.- Conclusion and Contribution to Knowledge.- Appendix.

Erscheinungsdatum
Reihe/Serie Contributions to Management Science
Zusatzinfo XII, 245 p. 80 illus.
Verlagsort Cham
Sprache englisch
Maße 155 x 235 mm
Themenwelt Wirtschaft Betriebswirtschaft / Management Finanzierung
Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
Wirtschaft Volkswirtschaftslehre Makroökonomie
Schlagworte Agency Theory • Capital Allocation • Capital Budgeting • CAPM • Economics • Economics and finance • economics of industrial organisation • Finance • Finance, general • Industrial Organization • Macroeconomics • Macroeconomics/Monetary Economics//Financial Econo • managerial finance • Monetary Economics • WACC
ISBN-10 3-319-38623-9 / 3319386239
ISBN-13 978-3-319-38623-2 / 9783319386232
Zustand Neuware
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