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• W1202203456 endingPage "252" @default.
• W1202203456 startingPage "235" @default.
• W1202203456 abstract "In this paper we critically review the existing literature on methods of computing the implied cost of capital (ICC). The ICC literature is characterised by a large number of heterogeneous studies reflecting different approaches, models to assess their validity and methods to mitigate potential biases. However, so far there is neither consensus on which ICC approach performs best, how shortcomings can be mitigated effectively, nor how methods can be evaluated adequately. We systematically categorise the various approaches available in the literature, extract assumptions underlying the models, and discuss the empirical results as well as limitations against this background. In doing so, we are able to show what can reasonably be deduced from existing research and what is still unclear, thereby opening up areas for future research." @default.
• W1202203456 created "2016-06-24" @default.
• W1202203456 creator A5044818181 @default.
• W1202203456 creator A5073304448 @default.
• W1202203456 creator A5086883878 @default.
• W1202203456 date "2015-12-01" @default.
• W1202203456 modified "2023-10-16" @default.
• W1202203456 title "A review of the literature on methods of computing the implied cost of capital" @default.
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