Global Financial Markets: How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools

Oricchio, G.

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.

Details

Published by: Palgrave Macmillan

Publication Date: 2012-10-17

Format: Hardcover

ISBN-13: 9780230291447

DOI: 10.1057/9781137271785

Dimensions: 235cm x155cm

Pages: 301