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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. Hayne E. Leland, 1998. "Agency Costs, Risk Management, and Capital Structure," Journal of Finance, American Finance Association, vol. 53(4), pages 1213-1243, August.
    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. 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.
    14. 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. 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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