株式リスクプレミアム（ERP）は、企業財務におけるハードルレート、バリュエーションにおける割引率、財務計画における期待リターンに不可欠な要素である。
株式リスクプレミアム（ERP）は、企業財務やバリュエーション、財務計画において重要な役割を果たす。2009年にまとめたERPに関する論文を毎年更新しており、2026年版が実務家向けに公開されている。
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