Global BV News: CFA Institute debuts Kroll’s global cost of capital summary edition

BVWireIssue #231-4
December 22, 2021

global business valuation
cost of capital, international business valuation

The CFA Institute Research Foundation has put out the first edition of the “International Guide to Cost of Capital (IGCC) Summary Edition” from Duff and Phelps/Kroll. This 173-page work is an abridged version of the research and data that are available on the D&P/Kroll website and is the result of a new long-term partnership between the foundation and D&P/Kroll for the annual publication of the IGCC. The publication examines the important difference in risk characteristics of investing in various countries and has the following seven chapters:

  1. “International Cost of Capital Overview”;
  2. “Strengths and Weaknesses of Commonly Used Models”;
  3. “International Equity Risk Premia”;
  4. “Country Yield Spread Model”;
  5. “Relative Volatility Model”;
  6. “Erb-Harvey-Viskanta Country Credit Rating Mode”; and
  7. “Firm Size and the Cost of Equity Capital in Europe.”

The publication is free of charge, and you can download it if you click here.

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