Application of Modern Methods for Assessing the Financial Performance of Investment Projects in Non-public Enterprises

cris.sourceIdoai:journals.unwe.bg:article/710
dc.creatorAlexandrova, Margaritaen
dc.date2016-06-30
dc.date.accessioned2026-09-24T23:14:59Z
dc.date.available2026-09-24T23:14:59Z
dc.descriptionEvaluating the cost-effectiveness of investment in real assets should be carried out taking into account whether the investor invests in a diversified portfolio, or assumes the entire risk. If the investor takes all the risk because they do not diversify their investments, then the cost of equity financing should be calculated with the Total Beta. Total Beta is significantly higher than the Market Beta. The cost of equity financing in public enterprises is significantly higher than that of public limited companies. The use of market beta in assessing the financial efficiency of investment projects for investments in non-public enterprises leads to incorrectly inflated estimates.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/710
dc.identifier10.37075/RP.2016.1.02
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/1751
dc.languagebg
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/710/702
dc.rightsCopyright (c) 2016 Margarita Alexandrova (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 1 (2016); 35-75en
dc.subjectMarket betaen
dc.subjectTotal betaen
dc.subjectCost of equityen
dc.subjectG31 - Capital Budgeting • Fixed Investment and Inventory Studies • Capacityen
dc.titleApplication of Modern Methods for Assessing the Financial Performance of Investment Projects in Non-public Enterprisesen
dc.typePeer-reviewed Articleen

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