Gianluca Oricchio

Gebundenes Buch

Private Company Valuation

How Credit Risk Reshaped Equity Markets and Corporate Finance Valuation Tools

Beschreibung

The recent crisis in financial markets has seen a gradual erosion of risk-free asset classes. In equity markets the credit risk has reached a critical level in valuation. Here a new cost of equity method for private companies is presented based on the pricing of junior subordinated notes. Global business cases are illustrated to support this.

Autor

Professor Gianluca Oricchio is currently General Manager at Campus Bio-Medico University Hospital, and a senior consultant for Moody's Analytics, having previously held senior capital and risk management positions at several global financial institutions including UniCredit Group, Capitalia SpA, and Banca di Roma SpA. Professor Oricchio holds a Ph.D. in International Accounting and has written a number of books on financial markets, corporate finance and risk management, including Basel III Credit Rating Systems: An Applied Guide to Quantitative and Qualitative Models (Palgrave Macmillan, 2011) and Credit Treasury: A Credit Pricing Guide in Liquid and Non-Liquid Markets (Palgrave Macmillan, 2011).

Produktdetails

• Global Financial Markets
• Verlag: Palgrave Macmillan / Palgrave Macmillan UK / Springer Palgrave Macmillan
• Artikelnr. des Verlages: 978-0-230-29144-7
• 2012 edition
• Seitenzahl: 301
• Erscheinungstermin: 17. Oktober 2012
• Englisch
• Abmessung: 247mm x 167mm x 28mm
• Gewicht: 596g
• ISBN-13: 9780230291447
• ISBN-10: 0230291449
• Artikelnr.: 35058055

Rezensionen

"In Valuing Private Companies, Oricchio has created an innovative framework for considering the true cost of capital impacting private firms. By adapting tools and techniques from the credit markets to value companies, Oricchio has brought new, exciting and practical thinking to the corporate finance field. Highly recommended." Erik Banks, Executive Vice President, UniCredit Group