A Discounted Cash Flow variant to detect the optimal amount of additional burdens in Public-Private Partnership transactions

Copiello, Sergio

doi:10.1016/j.mex.2016.03.003

Cited by 14 publications

(4 citation statements)

References 13 publications

(14 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Beta parameter proposed by Damodaran (2015) as well as the risk premium rate was used in the model. The model was tested and validated through an urban renewal project (Copiello, 2016).…”

Section: Discounted Cash Flowmentioning

confidence: 99%

Supply chain network design under advance-cash-credit payment

Tsao

Muthi’ah

et al. 2021

Ann Oper Res

View full text Add to dashboard Cite

In practice, a vendor may offer a retailer an advance-cash-credit (ACC) payment scheme. This implies the buyer needs to pay a fraction of the purchasing cost before he receives the item (advance payment), some cash when the item is arrived (cash on delivery), and then the remaining purchasing cost after a credit period (credit payment). This paper studies the effect of payment schemes on the supply chain network design. The network consists of an outside supplier, multiple distribution centers (DCs), and multiple retailers. The DCs receive an upstream ACC payment from the supplier. This study attempts to determine the optimal location, allocation, as well as the inventory cycle time while minimizing total cost. A continuous approximation is used in the model development and the time value of money concept is considered, since different payment schemes related to time change the cash value. Numerical studies are adopted to demonstrate the solution approach and the effects of changing parameters on decisions and total cost. This study provides novel management implications for supply chain network designers' reference. The results show that the number of DCs to be opened, the joint replenishment cycle time of DC, and the total cost increase as the interest earned decreases and the interest charged increases.

show abstract

“…Beta parameter proposed by Damodaran (2015) as well as the risk premium rate was used in the model. The model was tested and validated through an urban renewal project (Copiello, 2016).…”

Section: Discounted Cash Flowmentioning

confidence: 99%

Supply chain network design under advance-cash-credit payment

Tsao

Muthi’ah

et al. 2021

Ann Oper Res

View full text Add to dashboard Cite

show abstract

“…It is in this context that the financial approach has crept into traditional methods of appraisal, and techniques such as the "Costing" which divides costs by type (direct and indirect) and variability (fixed and variable) [16,17]; Discount Cash Flow Analysis (DCFA) to examine financial results and risks [18]; Profit Volume Analysis (CVPA) [2], break-even analysis BEA [19], taken from the business economy, they have since been used (and still are) to appraise the feasibility of real estate investments from a private point of view.…”

Section: Risk Assessment In Real Estate Investmentsmentioning

confidence: 99%

Social Housing: An Appraisal Model of the Economic Benefits in Urban Regeneration Programs

2020

View full text Add to dashboard Cite

The decision-making process relating to Social Housing (SH) policies and projects involves social and urban transformations and is consequently linked to urban planning, urban regeneration projects, the dynamics of the real estate market and cooperation between public and private developers. Furthermore, this decision-making process must be supported by assessments relating to economic feasibility and assessments on social and environmental sustainability. The paper illustrates a decision support evaluation model for the implementation of integrated urban redevelopment programs related to Social Housing interventions to be implemented in PPP. The model is based on the search for an economic balance between the interests of the parties involved, with the aim of maximizing the share of housing in SH by minimizing the public contribution quota. The model was developed on a degraded settlement of Public Residential Construction, the subject of a wider urban regeneration program in the Municipality of Reggio Calabria (Italy). Considering the financial feasibility constraint for the developer and the conditions of the local real estate market, with the risk of the investment attached to it, the model makes it possible to verify the economic sustainability and the financial feasibility of the interventions in SH through the estimation of: (i) The profit of the developer/investor; (ii) the trade-in value to be paid to the developer against the investment; (iii) the maximum share of SH to be carried out in development. The research and the results obtained highlight the utility of the model and the ease of use in the programming phase, in relation to urban regeneration programs that involve interventions in SH.

show abstract

“…A TIR corresponde à taxa de desconto em que o VPL se iguala a zero (Patrick, & French, 2016). Se o valor encontrado for superior ao custo de oportunidade desejado, aceita-se a proposta de investimento (Copiello, 2016).…”

Section: Decisões De Investimentounclassified

Proposta De Modelo De Gestão Financeira Aplicada A Uma Empresa De Pequeno Porte No Segmento De Fertilizantes

Moura

Santos

Conceição

2019

REGEPE Entrep. Small Bus. J.

View full text Add to dashboard Cite

Objetivo: Trata-se de uma pesquisa aplicada com vistas a propor um modelo de gestão financeira aplicada a uma empresa do segmento de fertilizantes agrícolas, capaz de estruturar todas as informações financeiras da empresa com o objetivo de subsidiar o processo de gestão e a tomada de decisão.Método: Realizou-se uma pesquisa quanti-qualitativa baseada em técnicas de observação participante e pesquisa-ação em uma empresa específica do setor de fertilizantes agrícolas. Os materiais foram coletados junto a fontes primárias (observação e entrevistas) da empresa e secundárias (documentos da empresa e informações financeiras do setor).Originalidade/Relevância: O contexto apresentado expõe uma lacuna teórico-aplicada de instrumentos que auxiliam em “como” construir e estruturar as informações financeiras para as PMEs de forma exequível ao empresário ou gestor que não possui uma formação educacional nessa área.Resultados: Os resultados deste estudo viabilizam a criação de um modelo empírico de gestão financeira que: i) demonstra desde a estrutura organizacional necessária; ii) os processos operacionais inerentes à atividade; e iii) os indicadores que devem ser utilizados para a análise da situação financeira e a tomada de decisão.Contribuições teóricas/metodológicas: Essas evidências podem servir como parâmetro ou insights para outras empresas do segmento de fertilizantes e demais empresas de pequeno porte, além de pesquisadores no âmbito organizacional.

show abstract

A Discounted Cash Flow variant to detect the optimal amount of additional burdens in Public-Private Partnership transactions

Abstract: Graphical abstract

Cited by 14 publications

References 13 publications

Supply chain network design under advance-cash-credit payment

Supply chain network design under advance-cash-credit payment

Social Housing: An Appraisal Model of the Economic Benefits in Urban Regeneration Programs

Proposta De Modelo De Gestão Financeira Aplicada A Uma Empresa De Pequeno Porte No Segmento De Fertilizantes

Contact Info

Product

Resources

About