| Working Paper |
File Downloads |
Abstract Views |
| Last month |
3 months |
12 months |
Total |
Last month |
3 months |
12 months |
Total |
| A Note on the Weighted Average Cost of Capital WACC |
2 |
3 |
48 |
107 |
9 |
22 |
271 |
575 |
| A Practical Guide for Consistency in Valuation: Cash Flows, Terminal Value and Cost of Capital |
3 |
8 |
18 |
43 |
5 |
12 |
41 |
113 |
| A new approach to WACC, value of tax savings and value for growing and non growing perpetuities: A clarification |
0 |
0 |
2 |
31 |
4 |
9 |
25 |
78 |
| A new approach to WACC, value of tax savings and value for non growing perpetuities: a clarification |
1 |
2 |
10 |
21 |
1 |
2 |
21 |
46 |
| A step by step guide to construct a finacial model without plugs and circularity for valuation purposes |
3 |
6 |
39 |
81 |
10 |
24 |
91 |
145 |
| Actitudes hacia el riesgo. Teoria de la utilidad cardinal |
6 |
21 |
25 |
25 |
78 |
225 |
241 |
241 |
| Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case |
1 |
2 |
7 |
18 |
7 |
26 |
84 |
148 |
| Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case |
4 |
7 |
34 |
285 |
10 |
30 |
250 |
1,512 |
| Alguna evidencia sobre los costos de dificultades financieras |
1 |
4 |
12 |
21 |
5 |
19 |
63 |
107 |
| An Embarrassment of Riches: Winning Ways to Value with the WACC |
0 |
1 |
3 |
8 |
0 |
2 |
15 |
32 |
| An Integrated, Consistent Market-based Framework for Valuing Finite Cash Flows |
0 |
0 |
3 |
13 |
1 |
2 |
11 |
40 |
| Analisis de inversion bajo riesgo: simulacion |
6 |
15 |
18 |
18 |
15 |
45 |
55 |
55 |
| Analisis de portafolio |
6 |
9 |
10 |
10 |
37 |
69 |
77 |
77 |
| Analisis de regresion |
5 |
13 |
19 |
19 |
21 |
95 |
138 |
138 |
| Analisis de sensibilidad |
6 |
14 |
16 |
16 |
50 |
119 |
128 |
128 |
| Analisis financiero y control |
2 |
5 |
8 |
8 |
18 |
42 |
63 |
63 |
| Analisis financiero y control (slides) |
9 |
17 |
23 |
23 |
81 |
116 |
141 |
141 |
| Apendice de matermaticas financieras |
1 |
3 |
5 |
5 |
5 |
9 |
12 |
12 |
| Applicability of the Classic WACC Concept in Practice |
15 |
27 |
99 |
186 |
39 |
94 |
364 |
638 |
| Arboles de decision |
8 |
23 |
25 |
25 |
32 |
106 |
114 |
114 |
| Calculo del valor terminal y de la firma |
4 |
6 |
8 |
8 |
20 |
50 |
54 |
54 |
| Cash Flow Valuation in an Inflationary World. The Case of World Bank for Regulated Firms |
0 |
2 |
6 |
11 |
0 |
5 |
26 |
50 |
| Computer, Computer, on the Wall, Which Cost of Capital is Fairest, of Them All? |
0 |
0 |
4 |
10 |
1 |
5 |
22 |
42 |
| Conceptos basicos de estadistica |
2 |
16 |
20 |
20 |
36 |
422 |
501 |
501 |
| Conceptos basicos de probabilidad |
5 |
15 |
19 |
19 |
72 |
268 |
343 |
343 |
| Conditions for consistent valuation of a growing perpetuity |
0 |
1 |
10 |
27 |
7 |
24 |
101 |
203 |
| Conditions for consistent valuation of a growing perpetuity |
0 |
0 |
3 |
9 |
1 |
4 |
32 |
60 |
| Consistency in Chocolate. A Fresh Look at Copeland’s Hershey Foods & Co Case |
0 |
2 |
4 |
16 |
3 |
7 |
24 |
75 |
| Consistency in Valuation: A Practical Guide |
0 |
2 |
12 |
27 |
1 |
3 |
21 |
55 |
| Consistent Valuation of a Finite Stream of Cash Flows with a Terminal Value |
0 |
0 |
3 |
8 |
3 |
7 |
23 |
61 |
| Constant leverage and constant cost of capital: a common knowledge half-truth |
0 |
1 |
9 |
30 |
6 |
11 |
93 |
218 |
| Constant leverage modeling: A reply to "A tutorial to the Mckinsey model for valuation of companies" |
0 |
0 |
3 |
7 |
2 |
2 |
12 |
26 |
| Constant leverage modeling: A reply to "A tutorial to the Mckinsey model for valuation of companies" |
1 |
1 |
3 |
8 |
2 |
3 |
16 |
40 |
| Constant leverage modeling: A reply to "A tutorial to the Mckinsey model for valuation of companies" |
0 |
0 |
14 |
23 |
4 |
8 |
56 |
101 |
| Construccion de los flujos de caja |
5 |
15 |
17 |
17 |
34 |
87 |
95 |
95 |
| Constructing Consistent Financial Planning Models for Valuation |
6 |
15 |
15 |
15 |
15 |
35 |
35 |
35 |
| Construction of Cash Flows Revisited |
3 |
3 |
12 |
31 |
6 |
13 |
48 |
94 |
| Cost of Capital for Non-Traded Firms |
3 |
5 |
19 |
31 |
5 |
10 |
33 |
65 |
| Cost of capital when dividens are deductible |
1 |
6 |
20 |
20 |
4 |
13 |
16 |
16 |
| Costo de capital para empresas no transadas en bolsa |
3 |
12 |
34 |
87 |
18 |
54 |
271 |
614 |
| Cuentas de cuadre (plugs) y el principio de partida doble: construccion de estados financieros sin cuentas de cuadre y sin circularidad |
0 |
0 |
1 |
2 |
8 |
17 |
110 |
131 |
| Cálculo correcto y sencillo del valor a precios de mercado. Una comparación con otros métodos |
3 |
10 |
35 |
70 |
81 |
165 |
528 |
884 |
| De vuelta a lo basico: el costo de capital depende de los flujos de caja libre |
3 |
5 |
16 |
16 |
9 |
14 |
45 |
45 |
| De vuelta a lo basico: ¿calcula sus ahorros en impuestos en forma apropiada? |
0 |
0 |
4 |
4 |
3 |
3 |
15 |
15 |
| De vuelta a lo fundamental: perpetuidades, conocimiento generalizado y el uso del modelo de crecimiento constante de Gordon |
2 |
4 |
16 |
21 |
7 |
13 |
118 |
153 |
| Decisiones bajo certeza: valor del dinero en el tiempo |
3 |
8 |
11 |
11 |
31 |
62 |
79 |
79 |
| Decisiones bajo incertidumbre |
6 |
9 |
11 |
11 |
25 |
46 |
53 |
53 |
| Decisiones bajo riesgo e incertidumbre |
18 |
35 |
39 |
39 |
65 |
197 |
222 |
222 |
| Dividendos "potenciales" versus pagados: razones teoricas y empiricas para usar dividendos pagados. Casos de America Latina y Argentina |
1 |
2 |
3 |
3 |
6 |
9 |
36 |
36 |
| Do the RIM (Residual Income Model), EVA® and DCF (Discounted Cash Flow) Really Match? |
15 |
41 |
128 |
213 |
101 |
207 |
586 |
879 |
| EVA(c) Made Simple: Is it Possible? |
0 |
1 |
7 |
21 |
0 |
2 |
19 |
51 |
| Economic Value Measurement: Investment Recovery and Value Added - IRVA |
0 |
1 |
9 |
21 |
5 |
9 |
46 |
89 |
| El Metodo Delphi |
6 |
26 |
57 |
123 |
72 |
197 |
479 |
958 |
| El mercado de acciones en Colombia: 1930-1998 |
1 |
1 |
10 |
10 |
4 |
10 |
27 |
27 |
| El proceso de decision |
2 |
5 |
6 |
6 |
6 |
29 |
32 |
32 |
| El valor del dinero en el tiempo |
5 |
20 |
21 |
21 |
58 |
237 |
251 |
251 |
| Errores frecuentes y soluciones para la proyeccion de estados financieros |
2 |
13 |
56 |
78 |
20 |
70 |
357 |
423 |
| Evaluacion de proyectos en inflacion |
6 |
13 |
14 |
14 |
24 |
58 |
59 |
59 |
| For finite cash flows, what is the correct formula for the return to levered equity? |
0 |
0 |
1 |
5 |
3 |
7 |
34 |
72 |
| Guidelines for forecasting historical financial statements for valuation purposes |
1 |
3 |
20 |
51 |
9 |
22 |
85 |
161 |
| Guía para la proyección de estados financieros y valoración financiera de un plan de negocios |
18 |
42 |
181 |
436 |
98 |
246 |
951 |
2,237 |
| Hershey Chocolate in Two Flavors: Kd and Ku |
0 |
0 |
2 |
6 |
4 |
4 |
20 |
64 |
| How the regulator overpays investor? A simple exposition of the principles of tariff setting |
0 |
0 |
1 |
15 |
0 |
0 |
2 |
32 |
| Inversiones y presupuesto de capital |
3 |
12 |
14 |
14 |
36 |
136 |
142 |
142 |
| La creacion de valor y su medida |
1 |
4 |
4 |
4 |
7 |
12 |
12 |
12 |
| La subvencion financiera del coste de la deuda: la importancia de la pregunta en la investigacion financiera |
0 |
2 |
6 |
9 |
1 |
5 |
30 |
44 |
| La tasa de descuento: el costo promedio ponderado del capital |
12 |
31 |
31 |
31 |
174 |
380 |
385 |
385 |
| Las decisiones de inversion en la firma |
2 |
8 |
9 |
9 |
9 |
29 |
30 |
30 |
| Looking Forward Financial Ratio and Value Analysis (Valor de la firma y razones financieras para el análisis financiero) |
0 |
6 |
19 |
45 |
4 |
13 |
66 |
199 |
| Metodos de pronostico |
6 |
13 |
18 |
18 |
47 |
104 |
136 |
136 |
| Modeling Cash Flows with Constant Leverage: A Note |
1 |
2 |
7 |
14 |
1 |
2 |
11 |
27 |
| Modeling the Financial Impact of Regulatory Policy: Practical Recommendations and Suggestions. The Case of World Bank |
1 |
1 |
4 |
16 |
2 |
2 |
15 |
44 |
| Modeling the Impacts of Inflation in Investment Appraisal |
4 |
10 |
44 |
75 |
14 |
35 |
162 |
297 |
| Nota sobre la elasticidad precio-demanda |
2 |
6 |
19 |
52 |
7 |
30 |
140 |
326 |
| Once More, the Correct Definition for the Cash Flows to Value a Firm. (Free Cash Flow and Cash Flow to Equity) |
1 |
3 |
22 |
53 |
1 |
9 |
55 |
131 |
| Opciones reales |
1 |
7 |
10 |
10 |
5 |
12 |
13 |
13 |
| Optimal Portfolio Selection: A Note |
2 |
5 |
25 |
72 |
5 |
9 |
60 |
159 |
| Pautas para el pronostico de los estados financieros a partir de estados financieros historicos para la valoracion |
2 |
5 |
33 |
40 |
17 |
34 |
215 |
358 |
| Potential Dividends and Actual Cash Flows. Theoretical and Empirical Reasons for Using 'Actual' and Dismissing 'Potential'. Or: How Not to Pull Pot |
0 |
1 |
3 |
7 |
0 |
1 |
9 |
25 |
| Potential dividends and actual cash flows. A regional latin american analysis |
0 |
2 |
5 |
12 |
1 |
7 |
15 |
23 |
| Potential dividends and actual cash flows. Theoretical and empirical reasons for using ‘actual’ and dismissing ‘potential’, Or: How not to pull potential rabbits out of actual hats |
0 |
0 |
11 |
32 |
0 |
3 |
51 |
125 |
| Potential dividends versus actual cash flows in firm valuation |
2 |
6 |
22 |
22 |
9 |
20 |
58 |
58 |
| Potential dividends versus actual cash flows in firm valuation |
1 |
5 |
8 |
8 |
4 |
9 |
12 |
12 |
| Practical sensitivity analysis |
2 |
2 |
8 |
31 |
4 |
6 |
28 |
51 |
| Practical sensitivity analysis |
1 |
1 |
3 |
11 |
1 |
1 |
13 |
22 |
| Problemas especiales de los metodos para valorar el dinero en el tiempo |
0 |
0 |
0 |
0 |
3 |
8 |
8 |
8 |
| Project Evaluation in an Inflationary Environment |
2 |
6 |
15 |
43 |
11 |
21 |
80 |
159 |
| Proper Determination of the Growth Rate for Growing Perpetuities: The Growth Rate for the Terminal Value |
0 |
0 |
9 |
28 |
5 |
9 |
52 |
109 |
| Proper Solution of Circularity in the Interactions of Corporate Financing and Investment Decisions: A Reply to the Financing Present Value A |
1 |
2 |
9 |
13 |
2 |
3 |
22 |
44 |
| Proper valuation of perpetuities in an inflationary environment without real growth |
0 |
0 |
8 |
15 |
2 |
8 |
58 |
101 |
| Prospective analysis: guidelines for forecasting financial statements |
4 |
14 |
96 |
160 |
30 |
60 |
345 |
529 |
| Prospective analysis: guidelines for forecasting financial statements |
15 |
28 |
94 |
161 |
61 |
113 |
388 |
620 |
| Proyeccion de datos para la construccion de estados financieros |
3 |
9 |
9 |
9 |
30 |
57 |
57 |
57 |
| Proyeccion de la tasa de cambio de Colombia bajo condiciones de PPA: evidencia empirica y demostracion econometrica mediante VAR |
5 |
12 |
52 |
52 |
66 |
139 |
428 |
428 |
| Proyeccion de los estados financieros |
2 |
5 |
6 |
6 |
52 |
96 |
98 |
98 |
| Return to basics: are you properly calculating tax shields? |
1 |
3 |
19 |
19 |
2 |
5 |
48 |
48 |
| Return to basics: cost of capital depends on free cash flow |
1 |
4 |
22 |
22 |
4 |
10 |
66 |
67 |
| Return to fundamentals: perpetuities, common wisdom and the use of the gordon constant growth model |
0 |
3 |
5 |
9 |
1 |
6 |
14 |
29 |
| Seleccion del Portafolio Optimo: Una Nota |
0 |
1 |
19 |
45 |
2 |
5 |
52 |
134 |
| Simple errors or myths in dealing with perpetuities |
1 |
1 |
4 |
4 |
2 |
6 |
6 |
6 |
| Some evidence on financial distress costs and their effect on cash flows |
2 |
2 |
15 |
29 |
9 |
12 |
47 |
98 |
| Some frecuent mistakes and solutions when forecasting financial statements |
3 |
8 |
30 |
30 |
10 |
22 |
67 |
67 |
| Subsidized loan financing and its impact on the cost of capital and levered firm value |
2 |
5 |
12 |
27 |
14 |
27 |
89 |
164 |
| Subsidized loan financing and its impact on the cost of capital and levered firm value. A non-technical reply to "Adjustment of the WACC with subsi |
1 |
4 |
8 |
13 |
5 |
15 |
47 |
77 |
| Tasas de interés efectivas y nominales: el calvario de los estudiantes de finanzas |
5 |
12 |
46 |
103 |
76 |
151 |
860 |
1,483 |
| The Colombian Stock Market: 1930-1998 |
1 |
1 |
3 |
10 |
2 |
7 |
47 |
122 |
| The Correct Definition for the Cash Flows to Value a Firm (Free Cash Flow and Cash Flow to Equity) |
3 |
9 |
44 |
73 |
6 |
18 |
85 |
169 |
| The Correct Discount Rate for the Tax Shield: The N-period Case |
3 |
7 |
24 |
33 |
39 |
65 |
161 |
228 |
| The Correct Formula for the Return to Levered Equity (for Finite Cash Flows with Zero Growth) with Respect to the M&E WACC |
1 |
5 |
15 |
28 |
6 |
21 |
84 |
184 |
| The Holy Grail in the Quest for Value (with Alpha Methods and Omega Theories) |
0 |
0 |
6 |
10 |
2 |
6 |
32 |
66 |
| The Use of Capital Cash Flow and an Alternate Formulation for WACC with Foreign Currency Debt |
7 |
14 |
34 |
72 |
46 |
85 |
239 |
401 |
| The Weighted Average Cost of Capital (WACC) for firm valuation calculations: A reply |
5 |
14 |
19 |
19 |
20 |
77 |
86 |
86 |
| The Weighted Internal Rate of Return (WIRR) and Expanded Benefit-Cost Ratio (EB/CR) |
1 |
5 |
19 |
30 |
15 |
28 |
103 |
195 |
| The mismatching of APV and the DCF in Brealey, Myers and Allen 8th edition of Principles of corporate finance, 2006 |
3 |
8 |
33 |
66 |
8 |
21 |
101 |
189 |
| The tyranny of rounding errors: the mismatching of APV and the DCF in perpetuities in Brealey and Myers 6th and 7th edition of Principles of Corporate |
1 |
1 |
7 |
38 |
5 |
8 |
33 |
122 |
| The zero growth model with expected inflation: further insights. A consistent and inflation neutral formulation for the cost of equity |
1 |
1 |
19 |
37 |
26 |
53 |
229 |
290 |
| There exists circularity between WACC and value? Another solution |
0 |
2 |
20 |
51 |
1 |
5 |
51 |
95 |
| Timanco S. A.: Impuestos por pagar, pérdidas amortizadas, deuda en divisas, renta presuntiva y ajustes por inflación. Su tratamiento con Flu |
0 |
2 |
6 |
13 |
32 |
95 |
444 |
1,047 |
| To plug or not to plug, that is the question. No plugs, no circularity: A better way to forecast financial statements |
0 |
1 |
6 |
45 |
2 |
5 |
25 |
73 |
| Top 9 (Unnecessary and Avoidable) Mistakes in Cash Flow Valuation |
1 |
2 |
13 |
29 |
4 |
8 |
26 |
54 |
| Una aproximacion a los metodos de pronostico |
3 |
10 |
13 |
13 |
14 |
53 |
65 |
65 |
| Una nota sobre el costo promedio de capital |
1 |
9 |
22 |
52 |
36 |
103 |
387 |
763 |
| Una nota sobre el cálculo del valor con endeudamiento constante |
2 |
2 |
3 |
5 |
9 |
18 |
69 |
128 |
| Use of Inflation as the Basis to Estimate Nominal Increases in Prices |
0 |
2 |
10 |
18 |
12 |
28 |
77 |
132 |
| Valoracion de flujos de caja en inflacion. El caso de la regulacion en el Banco Mundial |
0 |
3 |
7 |
7 |
15 |
31 |
38 |
38 |
| Valoración de flujos de caja en inflación. El caso de la regulación en el Banco Mundial |
0 |
1 |
10 |
10 |
4 |
7 |
34 |
34 |
| Valoración de intangibles |
2 |
8 |
30 |
56 |
10 |
27 |
106 |
192 |
| Valuation of cash flows with constant leverage: Further insights |
1 |
1 |
10 |
26 |
1 |
6 |
41 |
58 |
| Valuation of cash flows with constant leverage: further insights |
2 |
4 |
7 |
16 |
2 |
5 |
23 |
56 |
| Value Creation and its Measurement: A Critical Look at EVA |
1 |
6 |
56 |
138 |
11 |
29 |
150 |
320 |
| WACC, Value of Tax Savings and Terminal Value for Growing and Non Growing Perpetuities |
0 |
3 |
23 |
48 |
18 |
39 |
142 |
251 |
| Which cost of debt should be used in forecasting cash flows? |
4 |
9 |
21 |
43 |
34 |
56 |
116 |
166 |
| Why We Subtract the Change in Working Capital when Defining Cash Flows? A Pedagogical Note |
13 |
33 |
142 |
315 |
48 |
125 |
468 |
944 |
| With Subsidized Debt How do we Adjust the WACC? |
0 |
0 |
8 |
28 |
5 |
5 |
42 |
96 |
| ¿Coinciden EVA(R) y Utilidad Economica (UE) con los metodos de Flujo de Caja Descontado en valoracion de empresas? |
6 |
16 |
63 |
144 |
77 |
187 |
856 |
1,982 |
| Total Working Papers |
358 |
951 |
2,804 |
5,430 |
2,553 |
6,576 |
17,031 |
29,595 |