Browsing Artículos y borradores de administración – Working papers by Author "Sadeghi, Mehdi"
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The application of proxy methods for estimating the cost of equity for unlisted companies : evidence from listed firms
Sarmiento Sabogal, Julio Alejandro; Sadeghi, Mehdi; Sandoval, Juan S.; Cayón Fallon, Edgardo (Springer New York LLC, 2021-03-13)The Campbell and Vuolteenaho (Am Econ Rev 94(5):1249–1275, 2004) two–beta model decomposes the systematic risk in the sensitivity of cash flow and discount rate change. We employed this model, which we call the Two Beta ...