# Professor Aswath Damodaran's work on equity risk premiums is referenced

1 Faculty News May 15, 2018 ![Bloomberg View logo](/sites/default/files/styles/246w/public/assets/images/bloombergview_0.jpg?itok=47DlvcFA)>

Excerpt from [Bloomberg View](https://www.bloomberg.com/view/articles/2018-05-15/elliott-and-the-art-of-hyundai-s-nonsense-valuation-numbers) -- "For instance, Hyundai uses 11.38 percent, the country risk premium for Korea as calculated by Bloomberg, which uses inputs such as sell-side analysts’ often-optimistic forecasts for equities. That’s far higher than risk-premium estimates of valuation guru [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran), a finance professor at New York University."

[Read more](https://www.bloomberg.com/view/articles/2018-05-15/elliott-and-the-art-of-hyundai-s-nonsense-valuation-numbers)