This paper addresses the calculation of the cost of capital for emerging market companies in the form of a case study. The main objective of this work is to provide a methodology to estimate the Weighted Average Cost of Capital (WACC), applying it to Backus S.A.A., a Peruvian brewery company. The case presents a brief industry description, the company’s background and operations, business and financial strategy and theoretical framework and analyses of the market value of the firm, financial distress, and WACC, assessing each component. Finally, the students are left with the task of calculating WACC and drafting the report.

This document explains in a simple form the principles related to the calculation and interpretation of the financial ratio analysis, the formulas of the different kinds and the importance in the day-to-day analysis done by the market. All the knowledge provided will be applied in analyzing four Peruvian listed companies from different industries (cement extractor and seller, food, beverages and mining). These four companies were selected using a importance analysis, which was highly related to choose the companies with the most relevant and significant operations to the Lima Stock Exchange and the Peruvian industrial sector between 2012 and 2014.

El presente documento de investigación busca destacar la importancia de la administración de riesgos en las organizaciones y como estas deben incorporar una guía de gestión de riesgos, siguiendo los lineamientos de la guía ISO 31000, con la finalidad de definir conceptos importantes tales como cultura de riesgos, apetito al riesgo e indicadores de gestión de riesgos, los cuáles van a permitir gestionar mejor sus organizaciones.

The paper is an overview about the Integrated Latin America Market (MILA) until December 2014, including the Mexico Stock Market in the analysis. The papers describes how the market has been developing during the last five years, showing some aspects about the market capitalization, the most traded shares and the S&P MILA Andean 40 index. Besides the paper shows the benefits about the MILA to investors and the relation between the stock exchange index and the exchange rate in those markets, using a correlation model.

The paper is an overview about the Integrated Latin America Market (MILA) until December 2014, including the Mexico Stock Market in the analysis. The papers describes how the market has been developing during the last five years, showing some aspects about the market capitalization, the most traded shares and the S&P MILA Andean 40 index. Besides the paper shows the benefits about the MILA to investors and the relation between the stock exchange index and the exchange rate in those markets, using a correlation model.