Cost of equity on the Polish and global coal market - comparative analysis
Cost of equity on the Polish and global coal market - comparative analysis
Author(s): Aneta MichalakSubject(s): Economy
Published by: Prague Development Center
Keywords: Cost of equity; mining; CAPM
Summary/Abstract: The mining industry in Poland as well as in the world is considered to be a strategic industry, of special significance for the economy. At the same time it is an industry requiring high capital outlays. Equity plays an important role in financing of the mining enterprises. The objective of the article is to compare the cost of equity on the Polish and global coal market. The object of the research are the Polish and foreign mining enterprises listed on the stock markets. The basic research method is CAPM.
Journal: Business and Economic Horizons
- Issue Year: 10/2014
- Issue No: 1
- Page Range: 70-78
- Page Count: 9
- Language: English