Cost of Capital in the Energy Sector, in Emerging Markets, the Case of a Dollarized Economy

This article estimates the weighted average cost of capital (WACC) for the energy sector in Ecuador, a country with a dollarized economy and illiquid stock markets. Thus, reference companies in the region were taken, and at the same time combined with characteristics of national companies, establish...

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Bibliographic Details
Main Authors: Victor Aguilar, Freddy Naula, Fanny Cabrera
Format: Article
Language:English
Published: MDPI AG 2024-09-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/17/19/4782
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