Private Company Valuation: How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools (Global Financial Markets)

by Gianluca Oricchio (Author), Gianluca Oricchio (Author)

• New

  Illustrated
  2012

  $121.15

  The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. Here a new cost of equity method for private companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.