The Impact of The Weighted Average Cost of Capital in The Value of The Firm in The Framework of (CAPM, Gorden) Models an Empirical Study in A Sample of Companies Listed in

	The Impact of The Weighted Average Cost of Capital in The Value of The Firm in The Framework of (CAPM, Gorden) Models an Empirical Study in A Sample of Companies Listed in
Journal Of AL-Turath University College
Article 1, Volume 0, Issue 21, 2017, Pages 231-263
Abstract
The choice of capital structure is one of the important topics which took a wide space between the specialists and researchers in the literature of financial management and this has created controversy philosophically significant about choosing the optimal capital structure and the use of the weighted average cost of capital and its impact on investment decisions as a criterion to accept or reject the investment opportunities , this controversy in the financial thought was create several models to measure the cost of equity and therein lies the problem of the research, which can be framed by multiplicity of measuring the cost of equity forms and submit them to various cost to the company itself depending on the model used, which will be reflected on the weighted average cost of capital , which would affect the investor and therefore disrupt financial decision in the investment and financing, and To achieve the goal of the study we select a sample of the constituent companies of the indicator (S&P) that is (20) companies for the period from (2005-2014), ),The research reached to a set of conclusions and recommendations, and most important is that There is no relationship between the lowest weighted average of the cost of capital and the value of firm for study’s company sample, except in cases it contrasted and conflicted with the financial logic where it scored the weighted cost of capital rate of negative rates this gives evidence of the ideas that came out from second trend.

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