Abstract
Companies’ actions are determined by VBM and Shareholder Value approach. Thus, they strive to earn a profit which covers the total cost of capital. The costs of capital play an important role as they are the hurdle rate for companies. The widely used method of CAPM for cost of capital calculation is controversially discussed in the scientific literature and shows some flaws in its practical application.
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© 2020 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Fachmedien Wiesbaden GmbH, part of Springer Nature
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Eikelmann, N. (2020). Conclusion. In: Value Based Performance Measures. FOM-Edition Research. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-31429-3_5
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DOI: https://doi.org/10.1007/978-3-658-31429-3_5
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Publisher Name: Springer Gabler, Wiesbaden
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Online ISBN: 978-3-658-31429-3
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