000 00957npc a2200157Ia 4500
008 140613s2013 xx 000 0 und d
060 _a658.15
100 _aSHIRUR, SRINIVAS
245 _aAre managers measuring the financial risk in the right manner?
_bAn exploratory study
260 _c2013
300 _a81-94
520 _aThis article analyses the problems of applying different methods of risk measurement for corporate finance purpose. The methodology to calculate cost of capital with the help of systematic risk is faulty because corporate fiance has ti deal with both systematic and unsystematic risk. After examining three index companies, Mastek, Jet Airlines, and MTNL, the author advocates segregation of risk into bankruptcy and liquidity risk. In this way, unsystematic risk is also priced while determining the value of a company.
653 _aFIANCIAL MANAGEMENT
773 _oP14938
_nM
_930730
_011191
_tVIKALPA
942 _2ddc
_cARTCL
999 _c11927
_d11927