WILL GERMAN BANKS EARN THEIR COST OF CAPITAL?
نویسندگان
چکیده
منابع مشابه
Do German Firms Earn their Cost of Capital Considering Tax Effects caused by Debt and Provisions?
In this paper the performance of a sample of German companies is measured by comparing the initially invested capital adjusted for cost of capital, dividends paid, share repurchases and equity raised with the market value at the end of the holding period. All possible holding periods between 1987 and 2000 are covered. The sample is subdivided into companies listed in the DAX-, MDAXand SMAX-inde...
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ژورنال
عنوان ژورنال: Contemporary Economic Policy
سال: 2017
ISSN: 1074-3529
DOI: 10.1111/coep.12266