A note on local industry asset betas for cost of capital computations
South African Journal of Business Management
| Field | Value | |
| Title | A note on local industry asset betas for cost of capital computations | |
| Creator | Bradfield, David J. | |
| Description | Based on the premise that portfolio betas are more reliable than individual betas, it is advocated that industry asset betas rather than individual betas be used when proxies are required in cost of capital calculations. In this article local industry asset betas are empirically estimated and contrasted to US estimates. The results reveal that not all USA industry risks are translatable to the SA context and thus attempts should be made to estimate industry risks locally for cost of capital computations. | |
| Publisher | AOSIS | |
| Date | 1998-06-30 | |
| Identifier | 10.4102/sajbm.v29i2.769 | |
| Source | South African Journal of Business Management; Vol 29, No 2 (1998); 41-44 2078-5976 2078-5585 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajbm.org/index.php/sajbm/article/view/769/701
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