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Measuring Company Exposure to Country Risk: Theory and Practice

References

Booth, L., 1999, Estimating the Equity Risk Premium and Equity Costs: New Way of Looking at Old Data, Journal of Applied Corporate Finance, v12(1), 100-112.

Chan, K.C., G.A. Karolyi and R.M. Stulz, 1992, Global Financial Markets and the Risk Premium on U.S. Equity, Journal of Financial Economics, v32, 132-167.

Dimson, E., P. Marsh and M. Staunton, 2002, Triumph of the Optimists, Princeton University Press

Godfrey, S. and R. Espinosa, 1996, A Practical Approach to Calculating the Cost of Equity for Investments in Emerging Markets, Journal of Applied Corporate Finance, v9(3), 80-81.

Ibbotson and Brinson, 1993, Global Investing, McGraw-Hill, New York. Indro, D.C. and W. Y. Lee, 1997, Biases in Arithmetic and Geometric Averages as Estimates of Long-run Expected Returns and Risk Premium, Financial Management, v26, 81-90.

Stocks, Bonds, Bills and Inflation, 1999, Ibbotson Associates Stulz, R.M., Globalization, Corporate finance, and the Cost of Capital, Journal of Applied Corporate Finance, v12.

 

Prof. Aswath Damodaran

Summary: Index