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The valuation of closely-held companies in Latin America
16 references·7 citing·47 second hop
The valuation of closely-held companies in Latin America (2001)The valuation of closely-held companies i…Predictable Risk and Returns in Emerging Markets (2005)Predictable Risk and Returns …The Cost of Equity in Emerging Markets: A Downside Risk Approach (Ii) (2001)The Cost of Equity in Emergin…THE PRIVATE COMPANY DISCOUNT (2000)THE PRIVATE COMPANY DISCOUNTThe Shrinking Equity Premium (1999)The Shrinking Equity PremiumGOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL (1999)GOLBALIZATION, CORPORATE FINA…Best Practices in Estimating the Cost of Capital: Survey and Synthesis (1998)Best Practices in Estimating …Another look at the role of the industrial structure of markets for international diversification strategies1We are especially grateful to Pat Casey and Virge Cavalli at Dow Jones for providing the Dow Jones World Stock Index data and for their assistance with numerous queries. We gratefully acknowledge the comments of Geert Bekaert, William Brigham, Shane Corwin, Steve Foerster, Jeff Harris, Steve Heston, Ajay Khorana, David Mayers, John Persons, René Stulz, and particularly, the referee (Geert Rouwenhorst) and editor (John Long). We also thank participants at the University of Alberta, University of Toronto and Ohio State University, the 1996 UBC Global Investment Conference (Whistler), 1996 International Finance Conference (Georgia Tech), 1996 Western Finance Association Conference, and 1996 Financial Management Association Conference for helpful suggestions. Karolyi thanks the Dice Center for Financial Economics and the Social Sciences and Humanities Research Council of Canada for financial support.1 (1998)Another look at the role of t…Expected Returns and Volatility in 135 Countries (1996)Expected Returns and Volatili…Predictable Risk and Returns in Emerging Markets (1995)Predictable Risk and Returns …Country Risk and Global Equity Selection (1995)Country Risk and Global Equit…Does industrial structure explain the benefits of international diversification? 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References

  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1981The relationship between return and market value of common stocks5,928 cited
  • 1999GOLBALIZATION, CORPORATE FINANCE, AND THE COST OF CAPITAL1,264 cited
  • 1995Predictable Risk and Returns in Emerging Markets982 cited
  • 1994Does industrial structure explain the benefits of international diversification?746 cited
  • 1985An exploratory investigation of the firm size effect516 cited
  • 1998Another look at the role of the industrial structure of markets for international diversification strategies1We are especially grateful to Pat Casey and Virge Cavalli at Dow Jones for providing the Dow Jones World Stock Index data and for their assistance with numerous queries. We gratefully acknowledge the comments of Geert Bekaert, William Brigham, Shane Corwin, Steve Foerster, Jeff Harris, Steve Heston, Ajay Khorana, David Mayers, John Persons, René Stulz, and particularly, the referee (Geert Rouwenhorst) and editor (John Long). We also thank participants at the University of Alberta, University of Toronto and Ohio State University, the 1996 UBC Global Investment Conference (Whistler), 1996 International Finance Conference (Georgia Tech), 1996 Western Finance Association Conference, and 1996 Financial Management Association Conference for helpful suggestions. Karolyi thanks the Dice Center for Financial Economics and the Social Sciences and Humanities Research Council of Canada for financial support.1377 cited
  • 1998Best Practices in Estimating the Cost of Capital: Survey and Synthesis374 cited
  • 1996Expected Returns and Volatility in 135 Countries346 cited
  • 1973Evidence on the Information Content of Accounting Numbers: Accounting-Based and Market-Based Estimates of Systematic Risk243 cited

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1975
The Association Between Market-Determined and Accounting-Determined Measures of Systematic Risk: Some Further Evidence
214 cited
  • 2005Predictable Risk and Returns in Emerging Markets214 cited
  • 2001The Cost of Equity in Emerging Markets: A Downside Risk Approach (Ii)208 cited
  • 1995Country Risk and Global Equity Selection196 cited
  • 1999The Shrinking Equity Premium195 cited
  • 2000THE PRIVATE COMPANY DISCOUNT192 cited
  • Cited by

    • 2005The practice of investment valuation in emerging markets: Evidence from Argentina80 cited
    • 2005Risk and return in emerging markets: Family matters61 cited
    • 2005How profitable are private infrastructure concessions in Latin America?56 cited
    • 2004The cost of equity of internet stocks: a downside risk approach48 cited
    • 2005How profitable are infrastructure concessions in Latin America? Empirical evidence and regulatory implications40 cited
    • 2002The Term Structure of Country Risk and Valuation in Emerging Markets39 cited
    • 2010The Beta Dilemma in Emerging Markets39 cited