Practices Used in Estimating the Cost of Capital and Investment Appraisal in the Chilean Forestry Sector
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Abstract
The proper determination of cost of capital is crucial in the maximization of forest enterprises value as it depends on the capital budgeting decisions made by the managers. It is unknown whether the ...
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Acuña, E.; Cancino, J.; Vásquez, F.; Mena, P.; Sánchez, K. Practices used in estimating the cost of capital and investment appraisal in the Chilean forestry sector e Agronegocio on line, 2015, vol. 11, n° 2, p. 214-228
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