Methodological Aspects of a Simulation-based Model in the Determination of the Cost of Capital Cover Image

Методологични аспекти на симулационно-базиран модел при определяне цената на капитала
Methodological Aspects of a Simulation-based Model in the Determination of the Cost of Capital

Author(s): Stefani Andreeva
Subject(s): Economy, Accounting - Business Administration
Published by: Нов български университет
Keywords: simulation-based model; cost of capital; Monte Carlo simulations; capital asset pricing model; risk analysis

Summary/Abstract: Various groups of methods are applied in the field of scientific research concerning the determination of the cost of capital. Among them are simulation-based models, which are gaining popularity in modern economy and are recommended by numerous researchers. This paper examines a simulation- based model developed by Gleißner and Ernst (2019), focusing on its potential methodological application. The study explores its advantages, shortcomings, and potential issues that may arise during its implementation.

  • Issue Year: 8/2023
  • Issue No: 1
  • Page Range: 78-85
  • Page Count: 8
  • Language: Bulgarian
Toggle Accessibility Mode