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The ERP in a slightly post GFC world

This is the result of the ERP survey for 2010 which is the first to show reactions (if any) after the GFC. The survey covers analysts and contrast that with academics. Just below is the summary and I have attached the full paper. Comments later....

"The average MRP used by analysts in the USA and Canada (5.1%) was similar to the
one used by their colleagues in Europe (5.0%), and UK (5.2%). But the average MRP used by
companies in the USA and Canada (5.3%) was smaller than the one used by companies in
Europe (5.7%), and UK (5.6%).
The dispersion of the MRP used was high, but lower than the one of the professors: the
average range of MRP used by analysts (companies) for the same country was 5.7% (4.1%) and the average standard deviation was 1.7% (1.2%). These statistics were 7.4% and 2.4% for the professors.
Most previous surveys have been interested in the Expected MRP, but this survey asks
about the Required MRP. The paper also contains the references that analysts and companies use to justify their MRP, and comments from 89 respondents that illustrate the various interpretations of what is the required MRP."

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This is very interesting, Brent! Many thanks!

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