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Corporate valuation, capital structure and risk management: A stochastic DCF approach

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  • Casey, Christopher

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  • Casey, Christopher, 2001. "Corporate valuation, capital structure and risk management: A stochastic DCF approach," European Journal of Operational Research, Elsevier, vol. 135(2), pages 311-325, December.
    • Handle: RePEc:eee:ejores:v:135:y:2001:i:2:p:311-325
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    1. Ian Cooper & Marcel Martin, 1996. "Default risk and derivative products," Applied Mathematical Finance, Taylor & Francis Journals, vol. 3(1), pages 53-70.
    2. Black, Fischer & Cox, John C, 1976. "Valuing Corporate Securities: Some Effects of Bond Indenture Provisions," Journal of Finance, American Finance Association, vol. 31(2), pages 351-367, May.
    3. Tim C. Opler & Michael Saron & Sheridan Titman, 1997. "Designing Capital Structure To Create Shareholder Value," Journal of Applied Corporate Finance, Morgan Stanley, vol. 10(1), pages 21-32, March.
    4. Thomas Landes & Otto Loistl, 1992. "Complexity models in financial markets," Applied Stochastic Models and Data Analysis, John Wiley & Sons, vol. 8(3), pages 209-228, September.
    5. Jensen, Michael C. & Meckling, William H., 1976. "Theory of the firm: Managerial behavior, agency costs and ownership structure," Journal of Financial Economics, Elsevier, vol. 3(4), pages 305-360, October.
    6. John Y. Campbell, 2000. "Asset Pricing at the Millennium," Journal of Finance, American Finance Association, vol. 55(4), pages 1515-1567, August.
    7. Merton, Robert C, 1974. "On the Pricing of Corporate Debt: The Risk Structure of Interest Rates," Journal of Finance, American Finance Association, vol. 29(2), pages 449-470, May.
    8. Peter Tufano, 1998. "Agency Costs of Corporate Risk Management," Financial Management, Financial Management Association, vol. 27(1), Spring.
    9. repec:bla:jfinan:v:53:y:1998:i:4:p:1213-1243 is not listed on IDEAS
    10. Brennan, Michael J. & Schwartz, Eduardo S., 1980. "Analyzing Convertible Bonds," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 15(4), pages 907-929, November.
    11. Longstaff, Francis A & Schwartz, Eduardo S, 1995. "A Simple Approach to Valuing Risky Fixed and Floating Rate Debt," Journal of Finance, American Finance Association, vol. 50(3), pages 789-819, July.
    12. Ho, Thomas & Singer, Ronald F, 1984. "The Value of Corporate Debt with a Sinking-Fund Provision," The Journal of Business, University of Chicago Press, vol. 57(3), pages 315-336, July.
    13. Hayne E. Leland., 1998. "Agency Costs, Risk Management, and Capital Structure," Research Program in Finance Working Papers RPF-278, University of California at Berkeley.
    14. Froot, Kenneth A & Scharfstein, David S & Stein, Jeremy C, 1993. "Risk Management: Coordinating Corporate Investment and Financing Policies," Journal of Finance, American Finance Association, vol. 48(5), pages 1629-1658, December.
    15. Raymar, Steven, 1991. "A Model of Capital Structure when Earnings Are Mean-Reverting," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 26(3), pages 327-344, September.
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    Cited by:

    1. Giulio Bottazzi & Francesco Cordoni & Giulia Livieri & Stefano Marmi, 2023. "Uncertainty in firm valuation and a cross-sectional misvaluation measure," Annals of Finance, Springer, vol. 19(1), pages 63-93, March.
    2. Giulio Bottazzi & Francesco Cordoni & Giulia Livieri & Stefano Marmi, 2020. "Stock Recommendations from Stochastic Discounted Cash Flows," LEM Papers Series 2020/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    3. Constantinos T. Artikis, 2012. "Formulating a Stochastic Discounting Model with Actuarial and Risk Management Applications," SPOUDAI Journal of Economics and Business, SPOUDAI Journal of Economics and Business, University of Piraeus, vol. 62(3-4), pages 7-15, July - De.
    4. Lee Changro, 2021. "Determinants of farmland prices and their local variation," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 54(54), pages 77-87, December.
    5. Van Son Lai & Duc Khuong Nguyen & William Sodjahin & Issouf Soumaré, 2018. "Discretionary Idiosyncratic Risk, Firm Cash Holdings and Investment," Working Papers 2018-008, Department of Research, Ipag Business School.

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