Risk Factors for SMEs Involved in Electric Power Generation

Abstract

[EN] The determination of the value of investment projects must take into account the risk-return trade-off present in the market.The fiscal, economic and monetary policies of the various international organizations have an impact upon the market and subsequently on the perception of risk. This study analyses the trend of one of the parameters for risk assessment in valuation processes, between 2011 to 2013, for the specific sector of small and medium-sized enterprises involved in generating electrical energy from alternative sources in Spain.