Theoretical and Applied Economics
No. 12 / 2011 (565)
Equity Risk Premium for Investments Projects in Renewable Resources
Bucharest Academy of Economic Studies
Anamaria ALDEA
Bucharest Academy of Economic Studies
Anamaria CIOBANU
Bucharest Academy of Economic Studies
Abstract. Risk premium is an important factor for different models that estimate the shareholders equity, the debt cost used to evaluate both the financial assets as well as investment projects. The paper presents a brief history of the risk premium, the main estimation methods together with the influence factors. Different risks are associated to the investments in the renewable resources and they are more difficult to evaluate than the investments in other projects.
Keywords: risk; equity risk premium; required rate of return; risk aversion.
Contents
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- Considerations regarding the Valuation
and Valorization of Cultural Heritage
Filip IORGULESCU
Felicia ALEXANDRU
Georgiana Camelia CREŢAN
Meral KAGITCI
Mihaela IACOB
- Oltenia – Micro-destination of Cultural
and Medical Spa Tourism
Aurelia-Felicia STĂNCIOIU
Ion PÂRGARU
Anca-Daniela VLĂDOI
Nicolae TEODORESCU
Carmen PUIU
- The Challenges of Basel III
for Romanian Banking System
Anca Elena NUCU
- A Static Analysis of Pakistan’s Trade Policy
with Selected Asian Countries
Summaira MALIK
Amatual R. CHAUDHARY
- Social and Environmental Issues in Corporative
Management: A Romanian Story
Cornelia DASCĂLU
Chiraţa CARAIANI
Gina Raluca GUŞE
Camelia Iuliana LUNGU
Anca CODREANU
- General Equilibrium Analysis of Electricity Market
Liberalization in Singapore:
A Comparative Study
Fenglong XIAO
- Equity Risk Premium for Investments Projects
in Renewable Resources
Carmen LIPARĂ
Anamaria ALDEA
Anamaria CIOBANU