- Tytuł:
-
Влияние Премии За Страновой Риск На Оценку Стоимости Компании В Эпоху Цифровых Технологий
The Implication Of Country Risk Premium To Company Valuation In The Digital Age - Autorzy:
-
Frolova, Tetyana
Vasiuk, Yevheniia - Powiązania:
- https://bibliotekanauki.pl/articles/1402405.pdf
- Data publikacji:
- 2020
- Wydawca:
- Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
- Tematy:
-
country risk premium
emerging markets
default spread
company valuation
international investments - Opis:
- Financial globalization and artificial intelligence increase capital mobility along with risk consideration in cross-border investments. Emerging markets are the most vulnerable to specific risk factors like government regulation, political and macroeconomic stability. International investors require additional returns for a business operating in such locations, and higher risks should be captured appropriately in a valuation context. This paper investigates the nature, measures and ways of incorporating country risk premium as an upward adjustment to the discount rate applied within DCF calculations. It shows how to get to country premium using sovereign ratings, credit default swaps and relevant equity market volatility.
- Źródło:
-
MIND Journal; 2020, 10; 1-15
2451-4454 - Pojawia się w:
- MIND Journal
- Dostawca treści:
- Biblioteka Nauki
Artykuł