ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION
During the last two decades the Baltic region has been subject to several episodes of investment volatility and political turmoil. Although financial liberalization processes undertaken in these countries could reduce the cost of equity, it seems that investors have been cautious in investing in the...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Vilnius University Press
2010-01-01
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| Series: | Ekonomika |
| Online Access: | https://www.journals.vu.lt/ekonomika/article/view/976 |
| _version_ | 1819048960562561024 |
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| author | Samuel Mongrut Arvydas Paškevičius Petras Dubinskas Renata Kovalevskaja Darcy Fuenzalida |
| author_facet | Samuel Mongrut Arvydas Paškevičius Petras Dubinskas Renata Kovalevskaja Darcy Fuenzalida |
| author_sort | Samuel Mongrut |
| collection | DOAJ |
| description | During the last two decades the Baltic region has been subject to several episodes of investment volatility and political turmoil. Although financial liberalization processes undertaken in these countries could reduce the cost of equity, it seems that investors have been cautious in investing in the Baltic region. In this research, we estimate the cost of equity per industry sector in three Baltic countries (Estonia, Lithuania and Latvia) during the period 2005–2008 and conclude that the cost of equity seems to have increased during the period 2005–2007, indicating that the region was less financially integrated with the world capital market. |
| first_indexed | 2024-12-21T11:24:33Z |
| format | Article |
| id | doaj.art-06f72ce702b24721a1cca7304a8d0c7b |
| institution | Directory Open Access Journal |
| issn | 1392-1258 2424-6166 |
| language | English |
| last_indexed | 2024-12-21T11:24:33Z |
| publishDate | 2010-01-01 |
| publisher | Vilnius University Press |
| record_format | Article |
| series | Ekonomika |
| spelling | doaj.art-06f72ce702b24721a1cca7304a8d0c7b2022-12-21T19:05:42ZengVilnius University PressEkonomika1392-12582424-61662010-01-0189310.15388/Ekon.2010.0.976ESTIMATING THE COST OF EQUITY IN THE BALTIC REGIONSamuel MongrutArvydas PaškevičiusPetras DubinskasRenata KovalevskajaDarcy FuenzalidaDuring the last two decades the Baltic region has been subject to several episodes of investment volatility and political turmoil. Although financial liberalization processes undertaken in these countries could reduce the cost of equity, it seems that investors have been cautious in investing in the Baltic region. In this research, we estimate the cost of equity per industry sector in three Baltic countries (Estonia, Lithuania and Latvia) during the period 2005–2008 and conclude that the cost of equity seems to have increased during the period 2005–2007, indicating that the region was less financially integrated with the world capital market.https://www.journals.vu.lt/ekonomika/article/view/976 |
| spellingShingle | Samuel Mongrut Arvydas Paškevičius Petras Dubinskas Renata Kovalevskaja Darcy Fuenzalida ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION Ekonomika |
| title | ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION |
| title_full | ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION |
| title_fullStr | ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION |
| title_full_unstemmed | ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION |
| title_short | ESTIMATING THE COST OF EQUITY IN THE BALTIC REGION |
| title_sort | estimating the cost of equity in the baltic region |
| url | https://www.journals.vu.lt/ekonomika/article/view/976 |
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