Private Company Valuation: How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools

By Gianluca Oricchio

Book Overview

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.

• Format: Hardcover
• Language: English
• ISBN: 0230291449
• ISBN13: 9780230291447
• Release Date: October 2012
• Publisher: Palgrave MacMillan
• Length: 301 Pages
• Weight: 1.40 lbs.
• Dimensions: 1.0" x 6.2" x 9.3"