Abstract
The aim of this chapter is to give a short introduction to the background of the research subject and an overview of the research project. The chapter is organised as follows: First, the current economic environment for companies seeking financing in the capital market is briefly explained, before the importance of cost-of-capital in Managerial Finance is pointed out. Next, the research aim and objectives of the research are formulated, before the choice of research methods is outlined. Subsequently, the scope of the thesis is delimited. Finally, the organisation of the thesis is explained.
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Notes
- 1.
In this thesis, the real economy sector is defined as being engaged in the “circulation and exchange of goods and services amongst the members of society” (Empel 2008) as opposed to the financial services sector that includes for instances banks, stock exchanges, asset management and insurances (Fasnacht 2009).
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Schlegel, D. (2015). Introduction. In: Cost-of-Capital in Managerial Finance. Contributions to Management Science. Springer, Cham. https://doi.org/10.1007/978-3-319-15135-9_1
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DOI: https://doi.org/10.1007/978-3-319-15135-9_1
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