Cost Of Equity
Mostrando 13-24 de 56 artigos, teses e dissertações.
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13. CÁLCULO DO CUSTO MÉDIO PONDERADO DE CAPITAL PARA O SEGMENTO DE DISTRIBUIÇÃO DE ENERGIA ELÉTRICA NO BRASIL ATRAVÉS DE DADOS DE ECONOMIA NACIONAL E DO APT / CALCULUS OF THE WEIGHTED AVERAGE COST OF CAPITAL OF THE BRAZILIAN ELECTRICITY DISTRIBUTION SECTOR WITH NATIONAL ECONOMY DATA AND APT MODEL
ANEEL calculates the weighted average cost of capital of the Brazilian electric energy distribution sector (Regulatory WACC) based on American economic data, as it understands that the data from the Brazilian economy does not present consistent series. In the case of the cost of equity, ANEEL uses the CAPM model and inserts the results into the tariffs. Due
Publicado em: 2009
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14. Estimating betas from fundamentals: an analysis of Brazilian banks / Avaliação de betas por fundamentos: uma análise de bancos no Brasil
The cost of equity capital, according to the CAPM of Sharpe, Lintner and Mossin, depends on the beta of a company stock. However, a relevant part of Brazilian banks is not listed in any stock exchange. Therefore, this paper has the objective of proposing and testing a methodology to estimate betas based on specific bank fundamentals. The model, based on bank
Publicado em: 2009
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15. A ESTABILIDADE DOS COEFICIENTES BETAS (B): A APLICABILIDADE DOS BETAS HISTÓRICOS NA AVALIAÇÃO DE AÇÕES NO MERCADO BRASILEIRO / BETA (B) STABILITY: THE APPLICABILITY OF HISTORICAL BETAS TO ASSET PRICING IN THE BRAZILIAN STOCK MARKET
The model known as capital asset pricing model - CAPM defines the beta parameter as the constant that measures the expected return variation of an asset in relation to the equity premium. Parameter beta stability is crucial to apply the use of historical data in the pricing of assets and assessing the cost of capital of companies. This dissertation assessed
Publicado em: 2009
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16. TRATAMENTO ALTERNATIVO DE DEJETOS HUMANOS NA COMUNIDADE DE COQUILHO, ZONA RURAL DE SÃO LUIS-MA / ALTERNATIVE TREATMENT OF HUMAN DEJECTIONS IN THE COMMUNITY OF COQUILHO, AGRICULTURAL ZONE OF SÃO LUIS - MA
In Brazil, the absence or deficiency of sanitation is a major cause of environmental degradation and proliferation of diseases accounting for an index is not as significant number of hospitalizations resulting in the increased spending públicos.A search for alternative technologies for waste treatment is a necessity for the country s development, which will
Publicado em: 2009
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17. Determinantes da Composição do Endividamento das Empresas Brasileiras: a consideração da maturidade e da fonte de financiamento
In corporate finance field, there is a vast literature about the capital structure determinants. However, studies have focused on the differences between equity and debt, while the literature about debt structure (maturity and source) is relatively scarce. As such, this study aims to promote empirical research about characteristics that influence debt maturi
Publicado em: 2009
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18. Application of the CAPM for determining the cost of equity in Brazil / Aplicação do CAPM para a determinação do custo de capital próprio no Brasil
O desenvolvimento acelerado do mercado de capitais brasileiro e o aumento de sua importância no cenário econômico internacional, assim como o de outros mercados emergentes, colocaram em evidência um tema muito controvertido no campo de finanças: a precificação de ativos em mercados emergentes. Diante da ausência de consenso em relação ao tema, o ob
Publicado em: 2009
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19. Avaliação de betas por fundamentos: uma análise de empresas do setor elétrico na América Latina / Estimating betas from fundamentals: an analysis of Latin American electric sector companies
It is necessary to calculate the cost of equity which effectively shows the intrinsic business risk. The most used method to estimate the cost of equity encompasses the use of average of traded stocks betas. Although, the number of electrical power companies with different activities: generation, distribution, transmission and trading, and the percentage tha
Publicado em: 2008
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20. Estimativa do prêmio pelo risco país com a aplicação do modelo AEG / Brazilian country risk premium estimation applying the AEG valuation model
The increasing economic integration and capital mobility among countries lead investors to be more exposed to external risks. That grants relevance to the discussion on how to consider, in the cost of equitys estimation, premiums for additional risks of businesses performed in emergent markets. The existence of an additional risk in these markets is relative
Publicado em: 2008
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21. O custo da captação de recursos nas empresas e o processo decisório desta captação no curto e longo prazo: estudo de caso de empresa do ramo cerâmico de Santa Catarina
The study of the decisions related to the structure of capital in the Brazilian market always motivates. Especially in Brazil where, the difficulties of raising long-term feature of financial market often leads companies to the debt shorter deadlines. Several studies and empirical evidence have shown that the decisions of the capital structure can affect the
Publicado em: 2008
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22. Inibição do crescimento da microflora oral por venenos de serpentes / GROWTH INHIBITION OF ORAL MICROFLORA BY SNAKE VENOMS
The oral health at the most of Brazilian municipalities is still a big challenge to the principles of the Brazilian Health Unique System (SUS), particularly with regard to the globalization, the equity of care and high cost involved in restorative therapy. The demand for discovery of new natural products with antibacterial activity in order to prevent dental
Publicado em: 2008
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23. INTEREST ON EQUITY AND THE WEIGHTED AVERAGE COST OF CAPITAL / JUROS SOBRE CAPITAL PRÓPRIO E O CUSTO MÉDIO PONDERADO DE CAPITAL
Diversos métodos são utilizados para o cálculo do valor justo de uma empresa. Dentre os métodos mais usados, estão o método do fluxo de caixa descontado, onde os fluxos de caixa estimados da empresa são trazidos a valor presente por uma taxa para se chegar a uma estimativa de valor da empresa. Esta taxa é uma média ponderada do custo de capital pró
Publicado em: 2008
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24. Os impactos da conversão de demostrações financeiras preparadas de acordo com as práticas contábeis adotadas no Brasil para as normas internacionais de contabilidade - International Financial Reporting Standards (IFRS): um estudo de caso da Companhia Arcelor Brasil S.A.
This dissertation intends to contribute to the studies of the international accounting in a moment when this matter is becoming very relevant for the business scenario of our country, even for regulatory, academic or professional purposes. The convergence of accounting practices around the world is no longer something distant from our reality, and it is fina
Publicado em: 2008