Increasing the Effectiveness of Performance Evaluation through the Design and Development of Realistic Finance Algorithms
Resumen
This paper examines the current status of business enterprise simulations regarding the question of whether those simulations being used employ a finance algorithm based on modern cost of capital concepts. Having found that most current simulations are based on outmoded market value per share concepts, the authors present a complete finance model based on modern cost of capital and capital structure concepts.Descargas
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2014-03-06
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Articles