skip to main content
Language:
Search Limited to: Search Limited to: Resource type Show Results with: Show Results with: Search type Index

Cost of Equity Estimation in Fuel and Energy Sector Companies Based on CAPM

E3S Web of Conferences, 2018, Vol.35, p.1008 [Peer Reviewed Journal]

2018. This work is licensed under http://creativecommons.org/licenses/by/4.0/ (the “License”). Notwithstanding the ProQuest Terms and conditions, you may use this content in accordance with the terms of the License. ;ISSN: 2267-1242 ;ISSN: 2555-0403 ;EISSN: 2267-1242 ;DOI: 10.1051/e3sconf/20183501008

Full text available

Citations Cited by
  • Title:
    Cost of Equity Estimation in Fuel and Energy Sector Companies Based on CAPM
  • Author: Kozieł, Diana ; Pawłowski, Stanisław ; Kustra, Arkadiusz
  • Jarzyna, J. ; Borowski, M. ; Lipecki, T.
  • Subjects: Asset pricing ; Capital assets ; CAPM ; Company structure ; Cost analysis ; cost of equity ; Data processing ; Energy ; Energy industry ; Equity ; Financing ; fuel and energy sector ; Fuels ; Sensitivity analysis ; Stock exchanges
  • Is Part Of: E3S Web of Conferences, 2018, Vol.35, p.1008
  • Description: The article presents cost of equity estimation of capital groups from the fuel and energy sector, listed at the Warsaw Stock Exchange, based on the Capital Asset Pricing Model (CAPM). The objective of the article was to perform a valuation of equity with the application of CAPM, based on actual financial data and stock exchange data and to carry out a sensitivity analysis of such cost, depending on the financing structure of the entity. The objective of the article formulated in this manner has determined its’ structure. It focuses on presentation of substantive analyses related to the core of equity and methods of estimating its’ costs, with special attention given to the CAPM. In the practical section, estimation of cost was performed according to the CAPM methodology, based on the example of leading fuel and energy companies, such as Tauron GE and PGE. Simultaneously, sensitivity analysis of such cost was performed depending on the structure of financing the company’s operation.
  • Publisher: Les Ulis: EDP Sciences
  • Language: English
  • Identifier: ISSN: 2267-1242
    ISSN: 2555-0403
    EISSN: 2267-1242
    DOI: 10.1051/e3sconf/20183501008
  • Source: Directory of Open Access Journals (DOAJ)
    Open Access: EDP Open
    ROAD
    ProQuest Central
Back to results list
Go to Previous pagePrevious Result  17 NextGo to Next page
INSPIRE LIBRARY - TON DUC THANG UNIVERSITY (84-028) 37 755 057 Feedback
19 Nguyen Huu Tho St. Dist.7, HCM thuvien@tdtu.edu.vn

Copyright © 2017 INSPIRE LIBRARY - TON DUC THANG UNIVERSITY

Searching Remote Databases, Please Wait