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Consistent with this argument, prior research finds that DEC is associated with greater investment opportunities, higher price-to-book ratio, lower implied cost of capital, and better performance.
We also evaluate the implied cost of carbon reduction in a progressive replacement of coal with wind, when the security is maintained by extra peaking gas.
On the back of greater implied cost savings, we are raising our 2010 earnings per share forecasts by 15% and our 2011 and 2012 estimates by 4% and 3% respectively.
We use the Fama-French and implied cost of capital models to show that the cost of capital fell for firms migrating from the dealer market SEAQ to the hybrid auction system SETSmm.
Or if Elop merely intends to bring it to more platforms, the company is already doing that, at whatever implied cost to Windows.
To measure the effect of voluntary strategy disclosures, we use implied cost of equity capital, as well as bid ask spreads and trading volume as additional measures.
Similar(35)
They were aware that any separation implied costs, he said, and they would opt for whichever involved the least impact.
While another commented, "I agree that things should not have been implied, costs should not have jumped, especially when the possibility of shut down was so high.
Therapeutic policy switch from tamoxifen to raloxifene among postmenopausal women are implied cost-effective.
This implies cost savings, because the amount of fuel is reduced.
In addition, lower dosage requirements may also imply cost savings for the patient.
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