Access Statistics for Ignacio Velez-Pareja

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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 1 2 3 42 6 15 32 217
A Practical Guide for Consistency in Valuation: Cash Flows, Terminal Value and Cost of Capital 0 0 0 14 3 4 9 101
A new approach to WACC, value of tax savings and value for growing and non growing perpetuities: A clarification 0 0 0 6 2 2 4 33
A new approach to WACC, value of tax savings and value for non growing perpetuities: a clarification 0 0 0 7 4 4 12 54
A step by step guide to construct a finacial model without plugs and circularity for valuation purposes 0 0 0 18 2 2 6 67
Actitudes hacia el riesgo. Teoria de la utilidad cardinal 0 0 5 96 1 3 18 475
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case 0 0 0 338 2 4 10 2,022
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case 0 1 2 10 5 8 16 73
Alguna evidencia sobre los costos de dificultades financieras 0 0 2 29 1 1 9 317
An Embarrassment of Riches: Winning Ways to Value with the WACC 0 1 2 7 2 5 8 50
An Integrated, Consistent Market-based Framework for Valuing Finite Cash Flows 0 0 0 3 3 3 10 39
An introduction to the cost of capital 0 0 0 54 2 2 5 132
Analisis de inversion bajo riesgo: simulacion 0 0 0 29 5 5 10 96
Analisis de portafolio 0 1 1 39 2 3 6 102
Analisis de regresion 0 0 0 82 2 3 10 334
Analisis de sensibilidad 1 4 45 395 8 15 113 1,222
Analisis financiero y control 0 1 2 87 4 6 10 246
Analisis financiero y control (slides) 0 0 2 48 4 4 12 147
Analytical Solution for Optimal Capital Structure in Perpetuities 0 0 1 9 3 3 5 48
Analytical solution to the circularity problem in the discounted cash flow valuation framework 0 0 0 33 2 5 12 194
Apendice de matermaticas financieras 0 0 0 7 3 3 5 39
Applicability of the Classic WACC Concept in Practice 0 0 1 77 2 3 12 175
Arboles de decision 0 1 2 290 2 3 7 861
Blind Man's Buff: On the Search of the Optimal Capital Structure 0 0 0 25 2 3 10 97
Break-Even Analysis and Operating Leverage (An√°lisis De Punto De Equilibrio Y Apalancamiento Operativo - in Spanish) 0 2 2 84 5 10 14 203
Calculating Betas 0 0 1 34 2 3 9 88
Calculating Betas (C√°lculo De Betas. In Spanish) 0 0 1 30 4 5 7 67
Calculating tax shields from financial expenses with losses carried forward 0 0 0 18 3 6 8 156
Calculo del valor terminal y de la firma 0 0 1 13 2 3 9 96
Cash Flow Valuation in an Inflationary World. The Case of World Bank for Regulated Firms 0 0 0 8 1 2 9 59
Company Valuation in an Emerging Economy - Caldonia: A Case Study 0 0 0 16 1 1 5 54
Computer, Computer, on the Wall, Which Cost of Capital is Fairest, of Them All? 0 0 1 6 2 3 9 39
Conceptos basicos de estadistica 2 2 12 447 8 18 59 2,431
Conceptos basicos de probabilidad 0 6 23 222 5 17 59 731
Conditions for consistent valuation of a growing perpetuity 0 0 1 6 2 3 5 52
Consistency in Chocolate. A Fresh Look at Copeland’s Hershey Foods & Co Case 0 0 0 4 1 1 6 56
Consistency in Valuation: A Practical Guide 0 0 0 5 3 4 6 42
Consistent Valuation of a Finite Stream of Cash Flows with a Terminal Value 0 0 0 6 1 1 7 51
Constant leverage and constant cost of capital: a common knowledge half-truth 0 0 1 8 4 4 13 52
Constant leverage modeling: A reply to "A tutorial to the Mckinsey model for valuation of companies" 0 0 0 27 2 2 8 84
Construccion de los flujos de caja 0 0 4 94 2 2 11 308
Constructing Consistent Financial Planning Models for Valuation 0 0 2 17 2 3 13 78
Construction of Cash Flows Revisited 1 1 1 18 4 5 9 74
Corporation Income Taxes and the Cost of Capital: A Revision 0 2 7 27 7 18 60 156
Cost of Capital and Cash Flows for SMEs 1 1 2 30 3 4 13 93
Cost of Capital for Non-Traded Firms 0 0 0 24 6 6 10 108
Cost of Capital with Levered Cost of Equity as the Risk of Tax Shields 0 0 0 11 3 3 6 76
Cost of Capital, Cost of Equity and Value Without Circularity for Constant Growth Perpetuities 0 0 1 26 3 3 4 73
Cost of Equity and WACC for Perpetuities with Constant Growth 0 0 0 23 3 3 5 90
Cost of capital when dividens are deductible 0 0 0 7 1 3 10 84
Costo De Capital Y Flujos De Caja Para Pymes 0 2 7 103 3 6 19 311
Costo de capital con costo del patrimonio apalancado como el riesgo de los escudos fiscales 0 0 1 46 1 1 4 224
Costo de capital con dividendos deducibles 0 0 0 10 3 3 6 83
Costo de capital para empresas no transadas en bolsa 0 0 4 73 2 5 25 252
Cuentas de cuadre (plugs) y el principio de partida doble: construccion de estados financieros sin cuentas de cuadre y sin circularidad 0 0 0 13 3 3 5 110
Cálculo correcto y sencillo del valor a precios de mercado. Una comparación con otros métodos 0 0 0 26 1 2 4 104
De vuelta a lo basico: el costo de capital depende de los flujos de caja libre 0 0 2 39 2 4 8 97
De vuelta a lo basico: ¬øcalcula sus ahorros en impuestos en forma apropiada? 0 0 0 9 6 6 11 44
De vuelta a lo fundamental: perpetuidades, conocimiento generalizado y el uso del modelo de crecimiento constante de Gordon 1 1 4 44 4 5 9 141
Decisiones bajo certeza: valor del dinero en el tiempo 4 5 19 378 16 21 72 1,207
Decisiones bajo incertidumbre 0 1 5 67 1 10 21 194
Decisiones bajo riesgo e incertidumbre 3 5 8 325 8 16 32 1,077
Dividendos "potenciales" versus pagados: razones teoricas y empiricas para usar dividendos pagados. Casos de America Latina y Argentina 0 0 0 16 5 5 9 174
Do the RIM (Residual Income Model), EVA® and DCF (Discounted Cash Flow) Really Match? 0 0 0 51 6 10 17 218
EVA Performance Measurement is Faulty: So You May Be Persuaded to Switch to a Robust OEVA-TEVA Alternative 0 0 3 61 1 2 8 163
EVA(c) Made Simple: Is it Possible? 0 0 0 6 2 3 11 52
Economic Value Measurement: Investment Recovery and Value Added - IRVA 0 0 0 14 0 1 8 78
El Metodo Delphi 0 0 3 106 4 8 19 436
El mercado de acciones en Colombia: 1930-1998 0 0 0 7 2 2 4 45
El proceso de decision 0 0 0 15 1 2 8 49
El valor del dinero en el tiempo 0 1 2 101 7 18 22 315
Errores frecuentes y soluciones para la proyeccion de estados financieros 0 0 0 68 3 3 14 261
Estimación Flujos de Caja Para Evaluación de Proyectos y Valoración de Empresas 0 1 4 132 8 9 18 263
Estimating Cash Flows for Project Appraisal and Firm Valuation 0 1 3 74 5 7 17 414
Estimating the Appropriate Risk Profile for the Tax Savings: A Contingent Claim Approach 0 0 0 2 2 2 4 39
Evaluacion de proyectos en inflacion 0 0 2 33 6 6 11 107
Financial ratio analysis 0 0 0 650 3 5 15 1,142
For finite cash flows, what is the correct formula for the return to levered equity? 0 0 0 8 3 3 9 95
Forecasting Financial Statements (Slides) 0 0 0 47 1 2 8 128
Guidelines for forecasting historical financial statements for valuation purposes 0 0 0 18 3 3 7 60
Guía para la proyección de estados financieros y valoración financiera de un plan de negocios 0 0 3 122 4 5 17 405
Herramientas de Proyecciones y Proyecciones de los Estados Financieros 0 0 3 71 3 3 12 189
Hershey Chocolate in Two Flavors: Kd and Ku 0 0 0 5 2 3 7 54
How the regulator overpays investor? A simple exposition of the principles of tariff setting 0 0 0 3 2 3 7 37
Introduction to Financial Management (Introducción a la Gerencia Financiera) (Spanish) 0 0 1 48 5 5 11 144
Inversiones y presupuesto de capital 0 2 25 385 2 8 77 1,232
La creacion de valor y su medida 0 1 1 51 1 2 7 143
La subvencion financiera del coste de la deuda: la importancia de la pregunta en la investigacion financiera 0 0 0 7 3 3 4 61
La tasa de descuento: el costo promedio ponderado del capital 0 0 2 110 3 4 11 350
Las decisiones de inversion en la firma 0 0 1 38 1 1 3 119
Looking Forward Financial Ratio and Value Analysis (Valor de la firma y razones financieras para el an√°lisis financiero) 0 0 3 68 4 5 15 218
Mas Alla de Las Proyecciones: El valor Terminal 0 0 1 53 3 3 9 171
Mejora de la Medición del Desempeno con el VEA (EVA) Operativo Y Total (Sharpening Performance Measurement with the Operating and Total EVA) 0 0 1 45 2 2 9 145
Metodos de pronostico 1 2 11 135 9 20 53 381
Modeling Cash Flows with Constant Leverage: A Note 0 0 0 16 3 3 6 94
Modeling the Financial Impact of Regulatory Policy: Practical Recommendations and Suggestions. The Case of World Bank 0 0 0 1 3 4 14 48
Modeling the Impacts of Inflation in Investment Appraisal 0 0 1 24 2 2 10 81
Nota sobre la elasticidad precio-demanda 0 0 0 35 2 2 2 117
Once More, the Correct Definition for the Cash Flows to Value a Firm. (Free Cash Flow and Cash Flow to Equity) 0 0 1 65 2 3 10 173
Opciones reales 0 0 0 29 1 2 6 75
Operational and Financial Leverage (Slides) 0 0 0 41 3 3 9 113
Optimal Capital Structure for Finite Cash Flows 0 0 0 20 3 3 5 81
Optimal Portfolio Selection: A Note 0 0 0 22 5 6 11 72
Optimal Portfolio Selection: A Note with a VBA Solution 0 0 0 65 2 2 6 185
Pautas para el pronostico de los estados financieros a partir de estados financieros historicos para la valoracion 0 1 7 102 0 3 13 293
Potential Dividends and Actual Cash Flows. Theoretical and Empirical Reasons for Using 'Actual' and Dismissing 'Potential'. Or: How Not to Pull Pot 0 0 0 3 1 2 5 44
Potential dividends and actual cash flows. A regional latin american analysis 0 0 0 1 2 3 7 55
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 1 44 2 2 8 228
Potential dividends versus actual cash flows in firm valuation 0 0 1 54 2 2 8 195
Potential dividends versus actual cash flows in firm valuation 0 0 1 4 3 4 11 74
Practical sensitivity analysis 0 0 0 34 2 2 3 167
Problemas especiales de los metodos para valorar el dinero en el tiempo 1 1 2 19 2 2 7 70
Project Evaluation in an Inflationary Environment 0 1 1 24 3 8 20 107
Proper Determination of the Growth Rate for Growing Perpetuities: The Growth Rate for the Terminal Value 0 0 3 47 2 2 9 109
Proper Solution of Circularity in the Interactions of Corporate Financing and Investment Decisions: A Reply to the Financing Present Value A 0 0 0 2 6 6 9 43
Proper valuation of perpetuities in an inflationary environment without real growth 0 0 2 4 3 4 13 48
Prospective analysis: guidelines for forecasting financial statements 0 0 1 65 5 6 18 226
Proyeccion de datos para la construccion de estados financieros 0 1 2 40 1 3 9 154
Proyeccion de la tasa de cambio de Colombia bajo condiciones de PPA: evidencia empirica y demostracion econometrica mediante VAR 0 0 0 141 0 0 2 1,131
Proyeccion de los estados financieros 0 0 3 94 3 3 17 236
Ranking Investments with Internal Rate of Return and Benefit - Cost Ratio: A Revision 0 0 1 24 3 4 7 80
Relationships with Shareholders and Creditors Financial Leverage (Relaciones con Accionistas y Acreedores. Apalancamiento Financiero) (Spanish) 0 0 0 14 2 2 6 73
Return to basics: are you properly calculating tax shields? 0 0 0 1 4 5 7 37
Return to basics: cost of capital depends on free cash flow 0 0 0 22 0 0 3 63
Return to fundamentals: perpetuities, common wisdom and the use of the gordon constant growth model 0 0 1 21 2 2 7 50
Risky Tax Shields and Risky Debt: A Monte Carlo Approach 0 0 0 6 2 2 5 48
Seleccion del Portafolio Optimo: Una Nota 0 0 0 7 1 1 4 32
Simple errors or myths in dealing with perpetuities 0 0 1 2 2 2 8 29
Solución Analítica al Problema de la Circularidad Usando Flujos de Caja Descontados 0 0 0 20 4 4 5 81
Some evidence on financial distress costs and their effect on cash flows 0 0 0 9 4 5 9 40
Some frequent mistakes and solutions when forecasting financial statements 0 0 0 13 1 1 3 61
Subsidized loan financing and its impact on the cost of capital and levered firm value 0 0 1 18 2 3 12 99
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 0 1 1 17 4 6 14 108
Tasas de interés efectivas y nominales: el calvario de los estudiantes de finanzas 1 1 4 80 4 5 19 260
The Colombian Stock Market: 1930-1998 0 0 1 14 3 12 18 98
The Correct Definition for the Cash Flows to Value a Firm (Free Cash Flow and Cash Flow to Equity) 0 0 0 90 2 4 14 258
The Correct Discount Rate for the Tax Shield: The N-period Case 0 0 0 6 3 5 7 68
The Correct Formula for the Return to Levered Equity (for Finite Cash Flows with Zero Growth) with Respect to the M&E WACC 0 0 0 5 1 1 4 62
The Holy Grail in the Quest for Value (with Alpha Methods and Omega Theories) 0 0 0 2 3 3 5 33
The Use of Capital Cash Flow and an Alternate Formulation for WACC with Foreign Currency Debt 0 0 0 1 1 1 5 40
The Weighted Average Cost of Capital (WACC) for firm valuation calculations: A reply 0 0 0 63 4 4 10 163
The Weighted Internal Rate of Return (WIRR) and Expanded Benefit-Cost Ratio (EB/CR) 0 1 1 8 7 13 18 62
The mismatching of APV and the DCF in Brealey, Myers and Allen 8th edition of Principles of corporate finance, 2006 1 9 31 115 8 22 66 259
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 0 0 1 8 4 6 14 81
The zero growth model with expected inflation: further insights. A consistent and inflation neutral formulation for the cost of equity 0 0 0 9 4 5 9 46
There exists circularity between WACC and value? Another solution 0 0 0 5 6 7 10 62
Timanco S. A.: Impuestos por pagar, pérdidas amortizadas, deuda en divisas, renta presuntiva y ajustes por inflación. Su tratamiento con Flu 0 0 2 14 1 2 8 103
Timanco S.A.: Unpaid Taxes, Losses Carried Forward, Foreign Debt, Presumptive Income and Adjustment for Inflation: Matching DCF and EVA© 0 0 1 5 5 5 8 66
To plug or not to plug, that is the question. No plugs, no circularity: A better way to forecast financial statements 0 1 5 18 9 21 44 88
Top 9 (Unnecessary and Avoidable) Mistakes in Cash Flow Valuation 0 0 0 8 3 4 6 47
Una Introducción Al Costo De Capital 0 0 6 162 2 2 14 791
Una aproximacion a los metodos de pronostico 0 0 2 29 1 1 6 82
Una nota sobre el costo promedio de capital 0 0 0 82 2 2 6 328
Una nota sobre el c√°lculo del valor con endeudamiento constante 0 0 1 8 2 2 4 32
Use of Inflation as the Basis to Estimate Nominal Increases in Prices 0 0 0 9 1 2 7 72
Valor De Los Ahorros En Impuestos Por Deuda En Colombia: Un Estudio Empírico 0 0 4 12 3 4 10 141
Valoracion de flujos de caja en inflacion. El caso de la regulacion en el Banco Mundial 0 0 0 14 3 3 11 101
Valoración de flujos de caja en inflación. El caso de la regulación en el Banco Mundial 0 0 0 25 0 2 9 152
Valoración de intangibles 0 0 0 53 2 2 5 143
Valuation of cash flows with constant leverage: Further insights 0 0 0 3 1 1 5 32
Value Added to Invested Capital (VAIC): New Financial Performance Metric and Valuation Tool 0 1 1 34 3 5 9 122
Value Creation and its Measurement: A Critical Look at EVA 0 0 0 25 3 3 7 102
WACC, Value of Tax Savings and Terminal Value for Growing and Non Growing Perpetuities 0 0 0 14 5 5 13 58
Which cost of debt should be used in forecasting cash flows? 0 0 0 7 3 3 9 45
Why We Subtract the Change in Working Capital when Defining Cash Flows? A Pedagogical Note 0 0 0 8 3 3 7 67
Will the deflated WACC please stand up? And the real WACC should sit down 0 0 1 36 6 7 12 149
With Subsidized Debt How do we Adjust the WACC? 0 0 0 24 3 6 11 106
Working Capital Management (Slides) 0 0 2 74 4 4 11 222
Working Capital Management and Financial Planning (Administración del Capital de Trabajo y Planeación Financiera) (Spanish) 0 0 1 70 4 9 18 154
¬øCoinciden EVA(R) y Utilidad Economica (UE) con los metodos de Flujo de Caja Descontado en valoracion de empresas? 0 0 0 57 1 2 8 276
Total Working Papers 18 65 342 9,006 522 789 2,167 34,065


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Practical Guide for Consistency in Valuation: Cash Flows, Terminal Value and Cost of Capital 0 0 0 13 0 1 8 108
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: The N-Period Case 0 0 0 18 2 3 9 157
An Embarrassment of Riches: Winning Ways to Value with the WACC 0 0 0 13 0 0 5 98
CONSTANT LEVERAGE AND CONSTANT COST OF CAPITAL: A COMMON KNOWLEDGE HALF-TRUTH 0 0 0 36 0 2 8 295
Cash Flow Valuation in an Inflactionary World. The Case of World Bank for Regulated Firms 0 0 0 10 2 2 9 119
Comment on "The value of tax shields is NOT equal to the present value of tax shields" 0 0 0 35 1 1 7 135
Company's Valuation in an Emerging Economy - Case Study TIMANCO S.A 0 0 0 0 0 1 5 82
Cost of Capital when Dividends are Deductible 0 0 0 2 1 2 6 42
Cost of Equity and Weighted Average Cost of Capital for Perpetuities, with Constant Growth 0 0 0 0 0 2 4 76
Do Personal Taxes Destroy Tax Shields? A Critique to Miller’s (1977) Proposal 0 0 0 2 1 3 5 19
POTENTIAL DIVIDENDS AND ACTUAL CASH FLOW. A REGIONAL LATIN AMERICAN ANALYSIS 0 0 0 10 0 3 10 123
POTENTIAL DIVIDENDS AND ACTUAL CASH FLOWS IN EQUITY VALUATION. A CRITICAL ANALYSIS 0 0 0 6 3 4 11 110
PROYECCIÓN DE LA TASA DE CAMBIO DE COLOMBIA BAJO CONDICIONES DE PPA: EVIDENCIA EMPÍRICA USANDO VAR 0 0 1 28 1 3 9 183
Proper Valuation of Perpetuities in an Inflationary Environment without Real Growth 0 0 0 9 1 2 5 73
Ranking and optimal selection of investments with internal rate of return and benefit-cost ratio: a revision 0 0 0 5 1 2 8 69
Tax shields, financial expenses and losses carried forward 0 0 0 5 2 3 9 46
There exists circularity between WACC and value? Another solution 0 0 0 28 2 2 6 215
WHICH COST OF DEBT SHOULD BE USED IN FORECASTING CASH FLOWS? 0 0 0 27 4 7 12 190
Total Journal Articles 0 0 1 247 21 43 136 2,140
1 registered items for which data could not be found


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Principles of Cash Flow Valuation 1 1 6 34 3 3 17 172
Total Books 1 1 6 34 3 3 17 172


Chapter File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Prospective Analysis: Guidelines for Forecasting Financial Statements 0 0 0 0 4 5 13 42
Total Chapters 0 0 0 0 4 5 13 42


Statistics updated 2026-05-06