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THE COST OF EQUITY CAPITAL WITH PERSONAL INCOME TAXES AND FLOTATION COSTS
14 references·5 citing·35 second hop
THE COST OF EQUITY CAPITAL WITH PERSONAL INCOME TAXES AND FLOTATION COSTS (1978)THE COST OF EQUITY CAPITAL WITH PERSONAL …Organic Structure, Satisfaction, and Personality (1980)Organic Structure, Satisfacti…Investment, Market Structure, and the Cost of Capital (1979)Investment, Market Structure,…THE COST OF EQUITY CAPITAL: A RECONSIDERATION (1978)THE COST OF EQUITY CAPITAL: A…Customer service in industrial marketing: a Comparative Study (1976)Customer service in industria…A comment on "optimal and system myopic policies for multi-echelon production/inventory assembly systems" (1976)A comment on "optimal and sys…Teachers and collective bargaining in Ontario: a means to what end? (1971)Teachers and collective barga…The Cost of Capital. (1969)The Cost of Capital.The Theory of Financial Management. (1964)The Theory of Financial Manag…Optimal Dividends and Corporate Growth Under Uncertainty (1964)Optimal Dividends and Corpora…The Investment, Financing, and Valuation of the Corporation. (1963)The Investment, Financing, an…The Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…THE COST OF CAPITAL AND OPTIMAL FINANCING OF CORPORATE GROWTH (1963)THE COST OF CAPITAL AND OPTIM…The Savings Investment and Valuation of a Corporation (1962)The Savings Investment and Va…Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy, Growth, and …Usefulness of the Ideation Principle of Extended Effort in Real World Professional and Managerial Creative Problem Solving* (1986)Usefulness of the Ideation Pr…Estimating the extent of collective bargaining in Canada (1984)Estimating the extent of coll…Management of human resources and productivity (1983)Management of human resources…The role of central rulemaking in corporate financial reporting (1981)The role of central rulemakin…Market Reactions to Accounting Policy Deliberations: The Inflation Accounting Case Revisited. (1981)Market Reactions to Accountin…On the Theory of Optimal Investment Decision (1958)LINEAR PROGRAMMING AND CAPITAL BUDGETING MODELS: A NEW INTERPRETATION (1969)A Chance Constrained Goal Programming Model for Working Capital Management (1977)Industrial buying and creative marketing (1967)INVESTMENT PERFORMANCE OF COMMON STOCKS IN RELATION TO THEIR PRICE‐EARNINGS RATIOS: A TEST OF THE EFFICIENT MARKET HYPOTHESIS (1977)Customer Service Research: Past, Present and Future (1989)Are drivers of customer satisfaction different for buyers/users from different functional areas? (2007)The Economic Implications of Learning by Doing (1962)The Economic Implications of Learning by Doing (1971)Dividends vs. capital gains under share redemptions (1978)Market structure uncertainty and the cost of equity capital (1981)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Behavior of Stock-Market Prices (1965)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)Dividends, Earnings, and Stock Prices (1959)Stock return variation and expected dividends (1992)A New Dividend Forecasting Procedure that Rejects Bubbles in Asset Prices: The Case of 1929’s Stock Crash (1996)Stock Market Valuation in the United States (2010)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)An introduction to general equilibrium with incomplete asset markets (1990)Vertical economies in electric power: evidence on integration and its alternatives (2002)Non-family Executives in Family Businesses : a Literature Review (2007)Is the Emphasis of Capital Budgeting Theory Misplaced? (1975)The Modified Internal Rate of Return and Investment Criterion (1976)What Managers Think of Capital Structure Theory: A Survey (1989)Criteria for Programming Investment Project Selection (1966)LEVERAGE, DIVIDEND POLICY, AND THE COST OF CAPITAL (1968)Reaction of Stock Prices to Dividend Announcements and Market Efficiency in Pakistan (2010)Intrinsic Bubbles: The Case of Stock Prices (1989)Movements in the Equity Premium (1993)The Finite Horizon Expected Return Model (1997)
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References

  • 1961Dividend Policy, Growth, and the Valuation of Shares6,554 cited
  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 1963The Investment, Financing, and Valuation of the Corporation.483 cited
  • 1962The Savings Investment and Valuation of a Corporation365 cited
  • 1964The Theory of Financial Management.291 cited
  • 1969The Cost of Capital.223 cited
  • 1964Optimal Dividends and Corporate Growth Under Uncertainty141 cited
  • 1976Customer service in industrial marketing: a Comparative Study77 cited
  • 1963THE COST OF CAPITAL AND OPTIMAL FINANCING OF CORPORATE GROWTH72 cited
  • 1978THE COST OF EQUITY CAPITAL: A RECONSIDERATION69 cited
  • 1976A comment on "optimal and system myopic policies for multi-echelon production/inventory assembly systems"59 cited
  • 1980Organic Structure, Satisfaction, and Personality43 cited
  • 1971Teachers and collective bargaining in Ontario: a means to what end?40 cited
  • 1979Investment, Market Structure, and the Cost of Capital37 cited

Cited by

  • 1986Usefulness of the Ideation Principle of Extended Effort in Real World Professional and Managerial Creative Problem Solving*

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64 cited
  • 1981Market Reactions to Accounting Policy Deliberations: The Inflation Accounting Case Revisited.28 cited
  • 1983Management of human resources and productivity24 cited
  • 1981The role of central rulemaking in corporate financial reporting23 cited
  • 1984Estimating the extent of collective bargaining in Canada8 cited