Correct accounting of risks in assessing the effectiveness of investment projects of metallurgical companies

Autor:	S. G. Galevskiy
Rok vydání:	2020
Předmět:	business.industry Accounting Business Investment (macroeconomics)
Zdroj:	IOP Conference Series: Materials Science and Engineering. 866:012040
ISSN:	1757-899X 1757-8981
DOI:	10.1088/1757-899x/866/1/012040
Popis:	This article proposes the methodology that modifies the capital asset pricing model (CAPM). The proposed methodology allows for separate accounting of risks of the first and second kind and, accordingly, to correctly reflect them in the calculations using the discounted cash flow method. This makes it possible to adequately assess the effectiveness of investment projects and make informed management decisions.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::36a3acbae2cddcae042afd4a04e88f9d https://doi.org/10.1088/1757-899x/866/1/012040 Zobrazit plný text záznamu