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Risk measures and the cost of equity in the new economy biotechnology industry

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Risk measures and the cost of equity in the new economy biotechnology industry

Sadorsky, Perry; Henriques, Irene - In: Global Business and Economics Review 5 (2003) 1, pp. 37-55

The cost of equity is important in valuing new investment opportunities and in evaluating the ongoing performance of existing business projects. This is especially true in the new economy biotechnology industry. The purpose of this paper is to calculate the cost of equity for the Canadian...

Persistent link: https://www.econbiz.de/10010816576