Daibi W. Dagogo

Market Value Maximization, After-Tax Profit and the Cost of Capital of Entrepreneurial Firms

Daibi W. Dagogo & John C. Imegi · Asian Journal of Economics, Business and Accounting · 2017

This paper examines the implications of various costs of capital on the market value and profit of entrepreneurial firms. Specifically, four costs were identified as follows: cost of debt (kd), cost of equity (ke), cost of retained earnings (kr), and weighted average cost of capi...