{"id":"W3177212168","doi":"10.2139/ssrn.3304089","title":"Sovereign Wealth Funds and Equity Pricing: Evidence from Implied Cost of Equity of Publicly Traded Target","year":2018,"lang":"en","type":"article","venue":"SSRN Electronic Journal","topic":"State Capitalism and Financial Governance","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":false,"ca_institutions":"HEC Montréal","funders":"","keywords":"Equity (law); Equity capital markets; Equity risk; Cost of equity; Business; Club deal; Private equity fund; Cost of capital; Monetary economics; Private equity secondary market; Private equity firm; Implicit cost; Financial crisis; Equity ratio; Finance; Economics; Private equity; Financial system; Financial economics; Accounting; Total cost; Macroeconomics; Microeconomics; Incentive","routes":{"ca_aff":true,"ca_fund":false,"ca_venue":false,"about_ca":false,"invisible_to_affiliation_only":false},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.001967515,0.000220812,0.0004799837,0.001122363,0.0004522234,0.003279971,0.0008489446,0.001694672,0.006200055],"category_scores_gemma":[0.03183253,0.000297794,0.000328951,0.001703301,0.001109753,0.003202963,0.001149257,0.001859571,0.0006116978],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.0008070448,"about_ca_system_score_gemma":0.0003763823,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.006562089,"about_ca_topic_score_gemma":0.005152286,"domain_scores_codex":[0.9993653,0.000180834,0.00005585198,0.000095381,0.0001888094,0.00011381],"domain_scores_gemma":[0.9724907,0.01567806,0.00818393,0.001605783,0.001206419,0.0008351513],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"observational","study_design_scores_codex":[0.002687899,0.0007662359,0.8932397,0.0001294925,0.0003494727,0.0006071921,0.001371166,0.008414011,0.002151598,0.05557417,0.003242336,0.03146672],"study_design_scores_gemma":[0.0002358646,0.0003842286,0.9163733,0.00006658038,0.0004520302,0.0004178701,0.001280089,0.02450717,0.002481822,0.04911714,0.004610033,0.00007391308],"study_design_candidate":"observational","study_design_consensus":"observational","genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.9956921,0.0002704123,0.0003893307,0.0003156712,0.000007588877,0.000003346698,0.0002392067,0.00001173401,0.003070686],"genre_scores_gemma":[0.9988186,0.0001600595,0.00005013818,0.00001758656,0.00001951691,0.00000167545,0.0002946085,0.000004424592,0.0006334768],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.006562089,"threshold_uncertainty_score":0.02074122,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.0407103433695911,"score_gpt":0.2860332562597102,"score_spread":0.2453229128901191,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}