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Will Systematic Stewardship Save the Planet?

Reynolds Holding

Emissions are an especially promising target of systematic stewardship. Global warming undoubtedly poses a systematic risk, and greenhouse gas (GHG) emissions can be measured and quantified. Similarly, problems abound due to universal owners’ lack of competence.

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Pay for Prudence

Reynolds Holding

Armstrong and Vashishtha (2012)​ show that equity risk-taking incentives lead managers to pursue strategies that expose their firms to systematic risk, which they can hedge, and not idiosyncratic risk, which they cannot hedge, and ​Armstrong et al. Coles et al.

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Weighted Average Cost of Capital Explained – Formula and Meaning

Valutico

The beta factor is used to calculate the cost of equity in the WACC formula and is a measure of a stock’s systematic risk, or the risk associated with the overall market. For example, some of the industries with the highest WACCs include telecommunications, technology, utilities, media, pharmaceuticals, and oil & gas.

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Weighted Average Cost of Capital Explained – Formula and Meaning

Valutico

The beta factor is used to calculate the cost of equity in the WACC formula and is a measure of a stock’s systematic risk, or the risk associated with the overall market. For example, some of the industries with the highest WACCs include telecommunications, technology, utilities, media, pharmaceuticals, and oil & gas.

article thumbnail

Weighted Average Cost of Capital Explained – Formula and Meaning

Valutico

The beta factor is used to calculate the cost of equity in the WACC formula and is a measure of a stock’s systematic risk, or the risk associated with the overall market. For example, some of the industries with the highest WACCs include telecommunications, technology, utilities, media, pharmaceuticals, and oil & gas.