Owusu-Ansah, Anthony; Addico, Nene Lartey; Amewu, Godfred - In: Cogent business & management 10 (2023) 1, pp. 1-41
, cost of equity, cost of capital, and adjustments for other types of systemic risk. The results show that 27 out of 30 firm … subgroups significantly apply a payback period, and 0 out of 30 firm subgroups significantly apply any of the cost of equity … seems that frontier market managers are leaning toward simplicity as payback period, no cost of equity estimation and using …