{"title":"The marginal cost of capital: a portfolio theory perspective","authors":"Haim Levy, Moshe Levy","doi":"10.1080/1351847x.2024.2399061","DOIUrl":null,"url":null,"abstract":"Markowitz’s portfolio theory is shown to have profound implications for one of the core issues in corporate finance: the marginal cost of capital. Most researchers and practitioners would agree tha...","PeriodicalId":22468,"journal":{"name":"The European Journal of Finance","volume":"26 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"The European Journal of Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/1351847x.2024.2399061","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
Markowitz’s portfolio theory is shown to have profound implications for one of the core issues in corporate finance: the marginal cost of capital. Most researchers and practitioners would agree tha...