Essays about: "wacc"

Showing result 1 - 5 of 15 essays containing the word wacc.

  1. 1. Impact of ESG Score on Cost of Capital - Evidence from the Swedish Market

    University essay from

    Author : Nicolas Khosravi; Alexander Wadman; [2022-07-01]
    Keywords : ;

    Abstract : This paper aims to examine if there is a significant relationship between Swedish firms ESG scores and their financing costs. By constructing three regression models with WACC, cost of equity and cost of debt as the dependent variables and ESG score as an independent variable, this paper tests three different hypotheses. READ MORE

  3. 2. Corporate green bonds in the equity and debt capital markets – a comparative study of Sweden, the US and Europe

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Valentin Eriksson; Ole Heinrichs; [2022]
    Keywords : Corporate green bonds; debt capital markets; equity capital markets; country comparison; Sweden; US; Europe; signalling theory; information asymmetry; bond coupons; Price-to-Book; WACC; environmental attitude; investors taste; Business and Economics;

    Abstract : Title: Corporate green bonds in the equity and debt capital markets – a comparative study of Sweden, the US and Europe Seminar Date: June 1st, 2022 Course: BUSN79 Authors: Valentin Eriksson, Ole Heinrichs Advisor: Marco Bianco Keywords: Corporate green bonds, debt capital markets, equity capital markets, country comparison, Sweden, US, Europe, signalling theory, information asymmetry, bond coupons, Price-to-Book, WACC, environmental attitude, investors taste Purpose: This paper aims to explain the differences between green and conventional corporate bond issuers dependent on the country of issuance. In detail, the focus lies on the analysis of the differences within the equity and debt capital markets on the firm level. READ MORE

  4. 3. A New Value Premium : Value Creation in the Swedish stock market

    University essay from Stockholms universitet/Företagsekonomiska institutionen

    Author : Lemar Jalili; Samuel Höög; Simon Blank; [2022]
    Keywords : ROIC; WACC; ROIC-WACC Spread; Fama and French three-factor model; Asset-pricing models; Value Premium; Factor models; Value creation.;

    Abstract : Value creation in any stock market is a highly discussed topic with an abundant amount of generalized models aiming to predict future returns. Although no such tool exists yet there are, however, acknowledged models from peer-reviewed journals that have received a lot of attention over the years in examining company performance. READ MORE

  5. 4. Optimal Credit Rating with Regard to Capital Structure : A Mixed Method Study on the Swedish Real Estate Market

    University essay from KTH/Fastigheter och byggande

    Author : Ludvig Engwall; Martin Bjerring; [2021]
    Keywords : Credit rating; Capital structure; Real estate; WACC; Capital market; Kreditbetyg; Kapitalstruktur; Fastigheter; WACC; Kapitalmarknad;

    Abstract : In Sweden, the demand for official credit ratings has historically not been as substantial as in other parts of the world. This due to the fact that Swedish banks up until recently provided the market with shadow ratings. READ MORE

  6. 5. The ROIC Over WACC Measurement

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Adam Sten; Ragnar Turesson; [2021]
    Keywords : ROIC; WACC; Portfolios; Efficient Market Hypothesis; stock returns;

    Abstract : McKinsey and Koller et al. (2020) argue that value creation in a company stems from earning a Return on Invested Capital (ROIC) above the Weighted Average Cost of Capital (WACC). This study investigates whether a high ROIC minus WACC measurement is associated with abnormal returns on the OMX Stockholm Large Cap. READ MORE