Влияние Премии За Страновой Риск На Оценку Стоимости Компании В Эпоху Цифровых Технологий

• Authors: Tetyana Frolova , Yevheniia Vasiuk

Title variants

EN

The Implication Of Country Risk Premium To Company Valuation In The Digital Age

Abstracts

EN

Financial globalization and artificial intelligence increase capital mobility along with risk consideration in cross-border investments. Emerging markets are the most vulnerable to specific risk factors like government regulation, political and macroeconomic stability. International investors require additional returns for a business operating in such locations, and higher risks should be captured appropriately in a valuation context. This paper investigates the nature, measures and ways of incorporating country risk premium as an upward adjustment to the discount rate applied within DCF calculations. It shows how to get to country premium using sovereign ratings, credit default swaps and relevant equity market volatility.

Keywords

EN

country risk premium; emerging markets; default spread; company valuation; international investments

• Publisher: Wyższa Szkoła Ekonomiczno-Humanistyczna w Bielsku-Białej
• Journal: MIND Journal
• Year: 2020
• Issue: 10
• Pages: 1-15

Contributors

author

Tetyana Frolova

author

Yevheniia Vasiuk

Identifiers

DOI

10.36228/MJ.10/2020.7

Biblioteka Nauki

1402405