Matches in SemOpenAlex for { <https://semopenalex.org/work/W4377003606> ?p ?o ?g. }
Showing items 1 to 96 of
96
with 100 items per page.
- W4377003606 endingPage "316" @default.
- W4377003606 startingPage "291" @default.
- W4377003606 abstract "The Brusov–Filatova–Orekhova (BFO) theory is generalized for the simultaneous account of variable company profit and advance tax on income payments. The generalized BFO formula for the WACC has been derived. The dependence of WACC, discount rate, WACC-g (here g is growth rate), company capitalization, V, the equity cost, ke, on leverage L at various values of g, on debt cost, kd, and on age of the company, n, is studied. It is shown that WACC is no longer a discount rate. This role passes to WACC-g, which decreases with g, while the company’s value increases with g. The tilt of curve k(L) growths with g. It is found that at the growth rate g < g* the tilt of the curve ke(L) is negative. This changes significantly the company’s dividend policy principles. WACC(L) as well as the discount rate, WACC-g, decreases with the increase of debt cost kd. V (L) at all values of kd increases with leverage L, as well V(L) increases with kd. This means that tax shield advantages the decrease of the cost of raising capital. Examining the main financial parameters of the company at the positive (g = 0.2) and negative (g = −0.2) growth rates, we found a huge difference in their behavior. This allows you to explore companies with growing profits and companies with decreasing profits, as well as investigate the financial state of the companies whose profits rise and fall in different periods." @default.
- W4377003606 created "2023-05-19" @default.
- W4377003606 creator A5025786277 @default.
- W4377003606 creator A5042547239 @default.
- W4377003606 creator A5080592507 @default.
- W4377003606 date "2023-01-01" @default.
- W4377003606 modified "2023-09-29" @default.
- W4377003606 title "BFO Theory with Variable Profit in Case of Advance Payments of Tax on Profit" @default.
- W4377003606 cites W1560085350 @default.
- W4377003606 cites W2091596451 @default.
- W4377003606 cites W2115846503 @default.
- W4377003606 cites W2153524047 @default.
- W4377003606 cites W2162875582 @default.
- W4377003606 cites W2165550388 @default.
- W4377003606 cites W2789737725 @default.
- W4377003606 cites W3121247548 @default.
- W4377003606 cites W3122036765 @default.
- W4377003606 cites W3123336229 @default.
- W4377003606 cites W3137717932 @default.
- W4377003606 cites W3168400449 @default.
- W4377003606 cites W3197833270 @default.
- W4377003606 cites W3213211871 @default.
- W4377003606 cites W4212932145 @default.
- W4377003606 cites W4235613824 @default.
- W4377003606 doi "https://doi.org/10.1007/978-3-031-27929-4_15" @default.
- W4377003606 hasPublicationYear "2023" @default.
- W4377003606 type Work @default.
- W4377003606 citedByCount "0" @default.
- W4377003606 crossrefType "book-chapter" @default.
- W4377003606 hasAuthorship W4377003606A5025786277 @default.
- W4377003606 hasAuthorship W4377003606A5042547239 @default.
- W4377003606 hasAuthorship W4377003606A5080592507 @default.
- W4377003606 hasBestOaLocation W43770036062 @default.
- W4377003606 hasConcept C100001284 @default.
- W4377003606 hasConcept C10138342 @default.
- W4377003606 hasConcept C105795698 @default.
- W4377003606 hasConcept C106159729 @default.
- W4377003606 hasConcept C117131394 @default.
- W4377003606 hasConcept C120527767 @default.
- W4377003606 hasConcept C144133560 @default.
- W4377003606 hasConcept C149933338 @default.
- W4377003606 hasConcept C153083717 @default.
- W4377003606 hasConcept C162324750 @default.
- W4377003606 hasConcept C172008318 @default.
- W4377003606 hasConcept C175444787 @default.
- W4377003606 hasConcept C181622380 @default.
- W4377003606 hasConcept C25188504 @default.
- W4377003606 hasConcept C2781032883 @default.
- W4377003606 hasConcept C33923547 @default.
- W4377003606 hasConcept C44750222 @default.
- W4377003606 hasConcept C551662922 @default.
- W4377003606 hasConcept C556758197 @default.
- W4377003606 hasConcept C63545947 @default.
- W4377003606 hasConcept C74734477 @default.
- W4377003606 hasConcept C74939039 @default.
- W4377003606 hasConceptScore W4377003606C100001284 @default.
- W4377003606 hasConceptScore W4377003606C10138342 @default.
- W4377003606 hasConceptScore W4377003606C105795698 @default.
- W4377003606 hasConceptScore W4377003606C106159729 @default.
- W4377003606 hasConceptScore W4377003606C117131394 @default.
- W4377003606 hasConceptScore W4377003606C120527767 @default.
- W4377003606 hasConceptScore W4377003606C144133560 @default.
- W4377003606 hasConceptScore W4377003606C149933338 @default.
- W4377003606 hasConceptScore W4377003606C153083717 @default.
- W4377003606 hasConceptScore W4377003606C162324750 @default.
- W4377003606 hasConceptScore W4377003606C172008318 @default.
- W4377003606 hasConceptScore W4377003606C175444787 @default.
- W4377003606 hasConceptScore W4377003606C181622380 @default.
- W4377003606 hasConceptScore W4377003606C25188504 @default.
- W4377003606 hasConceptScore W4377003606C2781032883 @default.
- W4377003606 hasConceptScore W4377003606C33923547 @default.
- W4377003606 hasConceptScore W4377003606C44750222 @default.
- W4377003606 hasConceptScore W4377003606C551662922 @default.
- W4377003606 hasConceptScore W4377003606C556758197 @default.
- W4377003606 hasConceptScore W4377003606C63545947 @default.
- W4377003606 hasConceptScore W4377003606C74734477 @default.
- W4377003606 hasConceptScore W4377003606C74939039 @default.
- W4377003606 hasLocation W43770036061 @default.
- W4377003606 hasLocation W43770036062 @default.
- W4377003606 hasOpenAccess W4377003606 @default.
- W4377003606 hasPrimaryLocation W43770036061 @default.
- W4377003606 hasRelatedWork W1560839225 @default.
- W4377003606 hasRelatedWork W2417831344 @default.
- W4377003606 hasRelatedWork W2476162989 @default.
- W4377003606 hasRelatedWork W2891259546 @default.
- W4377003606 hasRelatedWork W3122986049 @default.
- W4377003606 hasRelatedWork W3125048442 @default.
- W4377003606 hasRelatedWork W3147667110 @default.
- W4377003606 hasRelatedWork W4226527308 @default.
- W4377003606 hasRelatedWork W2261105812 @default.
- W4377003606 hasRelatedWork W2550413670 @default.
- W4377003606 isParatext "false" @default.
- W4377003606 isRetracted "false" @default.
- W4377003606 workType "book-chapter" @default.