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Valuing Emerging Market Equities—A Pragmatic Approach Based on the Empirical Evidence

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  • Niso Abuaf

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  • Niso Abuaf, 2015. "Valuing Emerging Market Equities—A Pragmatic Approach Based on the Empirical Evidence," Journal of Applied Corporate Finance, Morgan Stanley, vol. 27(1), pages 71-88, March.
  • Handle: RePEc:bla:jacrfn:v:27:y:2015:i:1:p:71-88
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    File URL: http://hdl.handle.net/10.1111/jacf.12107
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    References listed on IDEAS

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    1. René M. Stulz, 1995. "Globalization Of Capital Markets And The Cost Of Capital: The Case Of Nestlé," Journal of Applied Corporate Finance, Morgan Stanley, vol. 8(3), pages 30-38, September.
    2. Stephen Godfrey & Ramon Espinosa, 1996. "A Practical Approach To Calculating Costs Of Equity For Investments In Emerging Markets," Journal of Applied Corporate Finance, Morgan Stanley, vol. 9(3), pages 80-90, September.
    3. Luis E. Pereiro, 2010. "The Beta Dilemma in Emerging Markets," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(4), pages 110-122, September.
    4. V. Ravi Anshuman & John Martin & Sheridan Titman, 2011. "Accounting for Sovereign Risk When Investing in Emerging Markets," Journal of Applied Corporate Finance, Morgan Stanley, vol. 23(2), pages 41-49, June.
    5. Tom Keck & Eric Levengood & AL Longfield, 1998. "Using Discounted Cash Flow Analysis In An International Setting: A Survey Of Issues In Modeling The Cost Of Capital," Journal of Applied Corporate Finance, Morgan Stanley, vol. 11(3), pages 82-99, September.
    6. Patrick Augustin, 2012. "Sovereign Credit Default Swap Premia," Working Papers 12-10, New York University, Leonard N. Stern School of Business, Department of Economics.
    7. Javier García‐Sánchez & Lorenzo Preve & Virginia Sarria‐Allende, 2010. "Valuation in Emerging Markets: A Simulation Approach," Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(2), pages 100-108, April.
    8. Javier Estrada, 2007. "Discount Rates in Emerging Markets: Four Models and An Application," Journal of Applied Corporate Finance, Morgan Stanley, vol. 19(2), pages 72-77, March.
    9. Donald R. Lessard, 1996. "Incorporating Country Risk In The Valuation Of Offshore Projects," Journal of Applied Corporate Finance, Morgan Stanley, vol. 9(3), pages 52-63, September.
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    Cited by:

    1. Eduardo Walker, 2016. "Cost of Capital in Emerging Markets: Bridging Gaps between Theory and Practice," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 53(1), pages 111-147, December.
    2. Bekaert, Geert & Harvey, Campbell R. & Lundblad, Christian T. & Siegel, Stephan, 2016. "Political risk and international valuation," Journal of Corporate Finance, Elsevier, vol. 37(C), pages 1-23.
    3. Erasmo Giambona & John R Graham & Campbell R Harvey, 2017. "The management of political risk," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(4), pages 523-533, May.

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