메뉴 건너뛰기




Volumn 2, Issue 4, 2001, Pages 330-370

The valuation of closely-held companies in Latin America

Author keywords

Latin America; Valuation

Indexed keywords


EID: 0011369545     PISSN: 15660141     EISSN: None     Source Type: Journal    
DOI: 10.1016/S1566-0141(01)00024-3     Document Type: Article
Times cited : (36)

References (41)
  • 2
    • 0010023511 scopus 로고
    • The relationship between return and market value of common stocks, J
    • Banz R.W. The relationship between return and market value of common stocks, J. Financial Econ. 9:1981;3-18.
    • (1981) Financial Econ. , vol.9 , pp. 3-18
    • Banz, R.W.1
  • 3
    • 84952140931 scopus 로고
    • The association between market-determined and accounting-determined measures of systematic risk: Some further evidence
    • June
    • Beaver, W., Manegold, J., 1975. The association between market-determined and accounting-determined measures of systematic risk: some further evidence, J. Financial Quant. Anal., June.
    • (1975) J. Financial Quant. Anal.
    • Beaver, W.1    Manegold, J.2
  • 4
    • 0001632191 scopus 로고
    • The association between market-determined and accounting-determined risk measures
    • October
    • Beaver, W., Kettler, P., Scholes, M., 1970. The association between market-determined and accounting-determined risk measures, Account. Rev., 45, October.
    • (1970) Account. Rev. , vol.45
    • Beaver, W.1    Kettler, P.2    Scholes, M.3
  • 5
    • 0042738472 scopus 로고    scopus 로고
    • Best practices in estimating the cost of capital: Survey and synthesis
    • Bruner, B. 1996. Best practices in estimating the cost of capital: survey and synthesis, J. Appl. Corporate Finance.
    • (1996) J. Appl. Corporate Finance
    • Bruner, B.1
  • 6
    • 0000232861 scopus 로고
    • An exploratory investigation of the firm size effect, J
    • Chan K.C., Chen N., Hsieh D.A. An exploratory investigation of the firm size effect, J. Financial Econ. 14:1985;451-471.
    • (1985) Financial Econ. , vol.14 , pp. 451-471
    • Chan, K.C.1    Chen, N.2    Hsieh, D.A.3
  • 8
  • 9
    • 0042237343 scopus 로고    scopus 로고
    • Stern School of Business
    • Damodaran A. Valuation. 2000;Stern School of Business.
    • (2000) Valuation
    • Damodaran, A.1
  • 14
    • 0002846602 scopus 로고    scopus 로고
    • The cost of equity in emerging markets: A downside risk approach
    • Estrada J. The cost of equity in emerging markets: a downside risk approach. Emerg. Markets Quart. Fall:2000;19-30.
    • (2000) Emerg. Markets Quart. , pp. 19-30
    • Estrada, J.1
  • 15
    • 84977737676 scopus 로고
    • The cross-section of expected stocks returns
    • Fama E.F., French K.R. The cross-section of expected stocks returns. J. Finance. 67:(2):1992;427-465.
    • (1992) J. Finance , vol.67 , Issue.2 , pp. 427-465
    • Fama, E.F.1    French, K.R.2
  • 16
    • 0002565873 scopus 로고    scopus 로고
    • A practical approach to calculating costs of equity for investments in emerging markets
    • Godfrey S., Espinosa R. A practical approach to calculating costs of equity for investments in emerging markets. J. Applied Corp. Finance. Fall:1996;80-89.
    • (1996) J. Applied Corp. Finance , pp. 80-89
    • Godfrey, S.1    Espinosa, R.2
  • 18
    • 84949346128 scopus 로고
    • Evidence on the information content of accounting numbers: Accounting based and market based estimates of systematic risk
    • Gonedes, N., 1973. Evidence on the information content of accounting numbers: accounting based and market based estimates of systematic risk, J. Financial Quant. Anal. 407-443.
    • (1973) J. Financial Quant. Anal. , pp. 407-443
    • Gonedes, N.1
  • 19
    • 0000660071 scopus 로고    scopus 로고
    • Another look at the role of the industrial structure of markets for international diversification strategies
    • Griffin J.M., Karolyi A. Another look at the role of the industrial structure of markets for international diversification strategies. J. Financial Econ. 50:1998;351-373.
    • (1998) J. Financial Econ. , vol.50 , pp. 351-373
    • Griffin, J.M.1    Karolyi, A.2
  • 21
    • 21844487168 scopus 로고
    • Predictable risk and returns in emerging markets
    • Harvey C. Predictable risk and returns in emerging markets. Rev. Financial Stud. Fall:1995;773-816.
    • (1995) Rev. Financial Stud. , pp. 773-816
    • Harvey, C.1
  • 22
    • 0002268752 scopus 로고
    • Does industrial structure explain the benefits of international diversification?
    • Heston S.L., Rouwenhorst K.G. Does industrial structure explain the benefits of international diversification? J. Financial Econ. 36:1994;3-27.
    • (1994) J. Financial Econ. , vol.36 , pp. 3-27
    • Heston, S.L.1    Rouwenhorst, K.G.2
  • 23
    • 84974064879 scopus 로고
    • Accounting betas, systematic operating risk, and financial leverage: A risk composition approach to the determinants of systematic risk, J. Financial Quant
    • Hill N.C., Stone B.K. Accounting betas, systematic operating risk, and financial leverage: a risk composition approach to the determinants of systematic risk, J. Financial Quant. Anal. September:1980;595-637.
    • (1980) Anal. , pp. 595-637
    • Hill, N.C.1    Stone, B.K.2
  • 25
    • 70349511499 scopus 로고
    • The relationship between market and accounting betas for commercial banks
    • Karels, G.V., W.H. Sackley, The relationship between market and accounting betas for commercial banks, Rev. Financial Econ. 1993.
    • (1993) Rev. Financial Econ.
    • Karels, G.V.1    Sackley, W.H.2
  • 26
    • 0005125356 scopus 로고    scopus 로고
    • Using discounted flow analysis in an international setting: A survey of issues in modeling the cost of capital
    • Keck, T., Levengood, E., Longfield, A., 1998. Using discounted flow analysis in an international setting: a survey of issues in modeling the cost of capital, J. Appl. Corp. Finance 11(3).
    • (1998) J. Appl. Corp. Finance , vol.11 , Issue.3
    • Keck, T.1    Levengood, E.2    Longfield, A.3
  • 28
    • 0040525113 scopus 로고    scopus 로고
    • Incorporating country risk in the valuation of offshore projects, J. Appl. Corp
    • Lessard D. Incorporating country risk in the valuation of offshore projects, J. Appl. Corp. Finance. 9:(3):1996;52-63.
    • (1996) Finance , vol.9 , Issue.3 , pp. 52-63
    • Lessard, D.1
  • 30
    • 0042237372 scopus 로고    scopus 로고
    • The global CAPM and a firm's cost of capital in different currencies
    • O'Brien, T.J., 1999. The global CAPM and a firm's cost of capital in different currencies, J. Appl. Corp. Finance 12(3).
    • (1999) J. Appl. Corp. Finance , vol.12 , Issue.3
    • O'Brien, T.J.1
  • 31
    • 85011141963 scopus 로고    scopus 로고
    • Tango and cash: Entrepreneurial finance and venture capital in Argentina
    • in press
    • Pereiro, L.E., 2001. Tango and cash: entrepreneurial finance and venture capital in Argentina, Venture Capital, in press.
    • (2001) Venture Capital
    • Pereiro, L.E.1
  • 33
    • 0042237369 scopus 로고    scopus 로고
    • A method for estimating global corporate capital costs: The case of Bestfoods
    • Pettit, J., Ferguson, M., Gluck, R., 1999. A method for estimating global corporate capital costs: the case of Bestfoods, J. Appl. Corp. Finance 12(3).
    • (1999) J. Appl. Corp. Finance , vol.12 , Issue.3
    • Pettit, J.1    Ferguson, M.2    Gluck, R.3
  • 35
    • 0043239674 scopus 로고    scopus 로고
    • Creating shareholder value
    • Rapaport, A., 1998. Creating shareholder value, The Free Press.
    • (1998) The Free Press
    • Rapaport, A.1
  • 37
    • 0043239696 scopus 로고    scopus 로고
    • Measuring the cost of capital in an international CAPM framework, J. Appl. Corp
    • Schramm R.M., Wang H.N. Measuring the cost of capital in an international CAPM framework, J. Appl. Corp. Finance. 12:(3):1999;63-72.
    • (1999) Finance , vol.12 , Issue.3 , pp. 63-72
    • Schramm, R.M.1    Wang, H.N.2
  • 40
    • 0001906819 scopus 로고    scopus 로고
    • Globalization, corporate finance, and the cost of capital
    • Stulz R. Globalization, corporate finance, and the cost of capital. J. Appl. Corp. Finance. Fall:1999;8-25.
    • (1999) J. Appl. Corp. Finance , pp. 8-25
    • Stulz, R.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.