Tag Archives: equity

The Cost of Equity: Evidence From Investment Banking Valuations 

By | December 14, 2022

Cost of equity (COE) is one of the most important financial metrics firms and investors consider when evaluating potential investments. There is an enormous academic literature that either proposes measures of cost of equity or uses it to study asset prices or corporate decisions. Further, practitioners employ discount rates ubiquitously, including for discounted cash flow… Read More »

SPAC of Everything: Challenging Financial Regulation in Times of Crisis

By | July 27, 2021

By the end of 2020, more than 240 special-purpose acquisition companies (SPACs) listed in the U.S. (on NASDAQ or the NYSE), raising a record $83 billion, according to SPAC Research. SPACs have already surged past last year’s record in the first quarter of 2021, raising $98.1 billion. These numbers are eye-catching. In 2007, the average… Read More »