The Cost of Equity in Emerging Markets: The Case of Latin America

We applied ten methods to calculate the cost of equity in a set of companies included in the MSCI1 emerging markets list from five countries in Latin America. The methods modify the discount rate obtained using the standard Capital Asset Pricing Model (CAPM) by adjusting for country risk premiums. W...

Full description

Autores:

Garay, Urbi
González Ferrero, Maximiliano
Rosso Murillo, John William

Tipo de recurso:

Work document

Fecha de publicación:

2013

Institución:

Universidad de los Andes

Repositorio:

Séneca: repositorio Uniandes

Idioma:

spa

OAI Identifier:

oai:repositorio.uniandes.edu.co:1992/46360

Acceso en línea:

http://hdl.handle.net/1992/46360

Palabra clave:

Cost of equity
Latin America
Market integration
Análisis de inversiones - América Latina
Mercado de valores - América Latina
Mercados emergentes - América Latina
Administración

Rights

openAccess

License

http://creativecommons.org/licenses/by-nc-nd/4.0/