Cost-of-Capital in Managerial Finance
An Examination of Practices in the German Real Economy Sector
Authors: Schlegel, Dennis
Free Preview- Presents a comprehensive review of classical finance models
- Shares business insights based on expert interviews and a large sample survey
- Scientifically explains determinants of the theory-practice gap
Buy this book
- About this book
-
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.
- About the authors
-
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.
- Table of contents (9 chapters)
-
-
Introduction
Pages 1-7
-
Background: Cost-of-Capital in the Finance Literature
Pages 9-70
-
Previous Results on Cost-of-Capital Practices
Pages 71-96
-
Research Philosophy and Ethics
Pages 97-106
-
Empirical Research Approach and Methods
Pages 107-116
-
Table of contents (9 chapters)
Recommended for you
Bibliographic Information
- Bibliographic Information
-
- Book Title
- Cost-of-Capital in Managerial Finance
- Book Subtitle
- An Examination of Practices in the German Real Economy Sector
- Authors
-
- Dennis Schlegel
- Series Title
- Contributions to Management Science
- Copyright
- 2015
- Publisher
- Springer International Publishing
- Copyright Holder
- Springer International Publishing Switzerland
- eBook ISBN
- 978-3-319-15135-9
- DOI
- 10.1007/978-3-319-15135-9
- Hardcover ISBN
- 978-3-319-15134-2
- Softcover ISBN
- 978-3-319-38623-2
- Series ISSN
- 1431-1941
- Edition Number
- 1
- Number of Pages
- XII, 245
- Number of Illustrations
- 80 b/w illustrations
- Topics
