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PROBLEMS WITH THE TRADITIONAL COST OF CAPITAL ESTIMATES AND AN ANALYSIS OF RECENT DEVELOPMENTS İN CAPITAL BUDGETING THEORY : A SUMMARY

Year 1982, Volume: 2 Issue: 3, 93 - 98, 03.01.1982

Abstract

  

References

  • BIERMAN, Harold, and SMIDT, Seymour. The Capital Budgeting Decisicn. 4th ed New York: MacMillan, 1976.
  • FAMA, Eugene F„ and MİLLER, Merton H. The Theory of Finance. New York: Hol. Rinehart and VVİnston. 1972.
  • HALEY, Charles W., and SCHALL, Lavvrence D. The Theory of Financial Decisi-ons. 2nd ed. New York: McGraw-HİII, 1979.
  • JOHNSON. Robert. Financial Management. Boston, Mass.: Allyn and Bacon İne., 1971.
  • MYERS, Stevvart C. Modem Developments İn Financial Management New York: Praeger Publishers, İne., 1976.
  • VAN HORNE. James C. Fundamentals of Financial Management. 3rd ed. Englevvood Cliffs, N.J.: Prentice-Hall İne., 1977.
  • VVESTON, Fred J., and BRIGHAM, Eugene F. Managerial Finance. 6th ed. Hindsdale, İli.: The Dryden Press, 1978.
  • ANG, James S. «VVelghted Average vs. True Cost of Capital.» Financial Management. 2, 3 (Autumn 1973) : 56-60.
  • ARDITTI, Fred D. »The VVelghted Average Cost of Capital: Soma Ouestions on Its Definition, Interpretation, and use.» The Journal of Finance. 28, 4 (September 1973) : 1001-1007.
  • BERANEK, VVİlliam. »Some New Capital Budgeting Theorems.» Journal of Financial and Ouantitative Analysis. 13, 5 (December 1978) : 809-829.
  • B0UDREAX, Kenneth J„ and LONG, Hugh W. »The VVeighted Average Cost of Capital as a Cutoff Rate : A Further Analysis.» Financial Management. 8, 2 (Summer 1979) : 7-14.
  • EZZELL, John R.. and PORTER. Burr. -Correct Specification of the Cost of Capital and Net Present Value.. Financial Management. 8. 2 (Summer 1979) . 15-17.
  • FAMA, Eugene F. Under Uncertainty..Risk Adjusted Discount Rates and Capital Budgeting Journal of Financial Economics. 5.1 (August 1977ı . 3-24.
  • HAMADA. Robert S. -Portfolio Analyais. Market Equilibrium and Corporation Finance.. The Journal of Finance. 24. 1 (March 1969) 13-31.
  • 13-31.
  • MAO, James C.T. -Survey of Capital Budgeting : Theory and Practlce.- The Journal of Finance. 25, 2 (May 1970) : 349-360.
  • MİLLER. Merton H.. and MODIGLIANI. Franco. «The Cost of Capital. Corporation Finance and the Theory of Investment.. American Economic Rev,ew. 48, 3 (June 1958) : 261-297.
  • MYERS, Stevvart C. .Interactions of Corporate Flnancing and Investment Decisions- Implications for Capital Budgeting.. The Journal of Finance. 29. 1(March 1974) : 1-25.
  • RENDLEMAN. Rlchard J. Jr. -Ranking Error. in CAPM Capltai Budgeting Applications.» Financial Management. 7.4 (VVinter 1978) : 40-44.
  • SHARPE. W.F. -Capital Asset Pr.ces : A Theory of Market Eguiiibrium Under Conditions of Risk- The Journal of Finance. 19. 3 (September 1964) : 425 442.
  • VVESTON, Fred J. -Investment Decisions Using The CAPM.- Financial Management. 2, 1 (Spring 1973) : 25-33.
Year 1982, Volume: 2 Issue: 3, 93 - 98, 03.01.1982

Abstract

References

  • BIERMAN, Harold, and SMIDT, Seymour. The Capital Budgeting Decisicn. 4th ed New York: MacMillan, 1976.
  • FAMA, Eugene F„ and MİLLER, Merton H. The Theory of Finance. New York: Hol. Rinehart and VVİnston. 1972.
  • HALEY, Charles W., and SCHALL, Lavvrence D. The Theory of Financial Decisi-ons. 2nd ed. New York: McGraw-HİII, 1979.
  • JOHNSON. Robert. Financial Management. Boston, Mass.: Allyn and Bacon İne., 1971.
  • MYERS, Stevvart C. Modem Developments İn Financial Management New York: Praeger Publishers, İne., 1976.
  • VAN HORNE. James C. Fundamentals of Financial Management. 3rd ed. Englevvood Cliffs, N.J.: Prentice-Hall İne., 1977.
  • VVESTON, Fred J., and BRIGHAM, Eugene F. Managerial Finance. 6th ed. Hindsdale, İli.: The Dryden Press, 1978.
  • ANG, James S. «VVelghted Average vs. True Cost of Capital.» Financial Management. 2, 3 (Autumn 1973) : 56-60.
  • ARDITTI, Fred D. »The VVelghted Average Cost of Capital: Soma Ouestions on Its Definition, Interpretation, and use.» The Journal of Finance. 28, 4 (September 1973) : 1001-1007.
  • BERANEK, VVİlliam. »Some New Capital Budgeting Theorems.» Journal of Financial and Ouantitative Analysis. 13, 5 (December 1978) : 809-829.
  • B0UDREAX, Kenneth J„ and LONG, Hugh W. »The VVeighted Average Cost of Capital as a Cutoff Rate : A Further Analysis.» Financial Management. 8, 2 (Summer 1979) : 7-14.
  • EZZELL, John R.. and PORTER. Burr. -Correct Specification of the Cost of Capital and Net Present Value.. Financial Management. 8. 2 (Summer 1979) . 15-17.
  • FAMA, Eugene F. Under Uncertainty..Risk Adjusted Discount Rates and Capital Budgeting Journal of Financial Economics. 5.1 (August 1977ı . 3-24.
  • HAMADA. Robert S. -Portfolio Analyais. Market Equilibrium and Corporation Finance.. The Journal of Finance. 24. 1 (March 1969) 13-31.
  • 13-31.
  • MAO, James C.T. -Survey of Capital Budgeting : Theory and Practlce.- The Journal of Finance. 25, 2 (May 1970) : 349-360.
  • MİLLER. Merton H.. and MODIGLIANI. Franco. «The Cost of Capital. Corporation Finance and the Theory of Investment.. American Economic Rev,ew. 48, 3 (June 1958) : 261-297.
  • MYERS, Stevvart C. .Interactions of Corporate Flnancing and Investment Decisions- Implications for Capital Budgeting.. The Journal of Finance. 29. 1(March 1974) : 1-25.
  • RENDLEMAN. Rlchard J. Jr. -Ranking Error. in CAPM Capltai Budgeting Applications.» Financial Management. 7.4 (VVinter 1978) : 40-44.
  • SHARPE. W.F. -Capital Asset Pr.ces : A Theory of Market Eguiiibrium Under Conditions of Risk- The Journal of Finance. 19. 3 (September 1964) : 425 442.
  • VVESTON, Fred J. -Investment Decisions Using The CAPM.- Financial Management. 2, 1 (Spring 1973) : 25-33.
There are 21 citations in total.

Details

Primary Language Turkish
Journal Section Makaleler
Authors

İ. Hakkı Sönmez This is me

Publication Date January 3, 1982
Published in Issue Year 1982 Volume: 2 Issue: 3

Cite

APA Sönmez, İ. H. (1982). PROBLEMS WITH THE TRADITIONAL COST OF CAPITAL ESTIMATES AND AN ANALYSIS OF RECENT DEVELOPMENTS İN CAPITAL BUDGETING THEORY : A SUMMARY. Erciyes Üniversitesi İktisadi Ve İdari Bilimler Fakültesi Dergisi, 2(3), 93-98.

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