Assessment of corporate sector value and vulnerability : rate and financial crises links to exchange

This paper presents an innovative yet practical framework to assess corporate sector vulnerability and the links to exchange rates and financial crises that bridges the gap between corporate finance and macroeconomic analysis. This framework provides a " missing link " describing how chang...

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Bibliographic Details
Main Author: Gray, Dale F
Corporate Author: Banco Mundial
Format: Book
Published: Washington, D.C. World Bank 1999
Series:World Bank technical paper no. 455
Subjects:
Table of Contents:
  • Foreword
  • Abstract
  • Acknowledgments
  • Summary
  • Introduction
  • 1. Economic value of the corporate sector
  • 2. Corporate sector vulnerability
  • 3. Corporate sector vulnerability and link to banking crises and recapitalization costs
  • 4. Potential applications
  • Annex 1: EVA and valuation approaches using corporate financial data at the firm and sector level
  • Annex 2: Weighted average cost of capital (WACC) and capital asset pricing model in emerging markets
  • Annex 3: Graphs and corporate sector data in Indonesia
  • Notes
  • References.