Narrow search
Showing 1 - 10 of 23,820
Cover Image
Growth options and firm valuation
Kraft, Holger; Schwartz, Eduardo S.; Weiss, Farina - 2013 - This version: February 5, 2013
(average) Tobin's Q increases with firm-level volatility. However, the significance mainly comes from R&D firms, which have … more growth options than non-R&D firms. By decomposing firm-level volatility into its systematic and unsystematic part, we … also document that only idiosyncratic volatility (ivol) has a significant effect on valuation. Second, we analyze the …
Persistent link: https://www.econbiz.de/10010226082
Cover Image
Growth Options and Firm Valuation
Kraft, Holger - 2017
(average) Tobin's Q increases with firm-level volatility. The significance mainly comes from R&D firms, which have more growth … options than non-R&D firms. By decomposing firm-level volatility into its systematic and unsystematic part, we document that … only idiosyncratic volatility has a significant effect on valuation. Second, we analyze the relation of stock returns to …
Persistent link: https://www.econbiz.de/10012974640
Cover Image
Growth options and firm valuation
Kraft, Holger; Schwartz, Eduardo S.; Weiss, Farina - 2017 - This version: April 12, 2017
(average) Tobin's Q increases with firm-level volatility. The significance mainly comes from R&D firms, which have more growth … options than non-R&D firms. By decomposing firm-level volatility into its systematic and unsystematic part, we document that … only idiosyncratic volatility has a significant effect on valuation. Second, we analyze the relation of stock returns to …
Persistent link: https://www.econbiz.de/10012060951
Cover Image
Growth Options and Firm Valuation
Kraft, Holger - 2013
(average) Tobin's Q increases with firm-level volatility. The significance mainly comes from R&D firms, which have more growth … options than non-R&D firms. By decomposing firm-level volatility into its systematic and unsystematic part, we document that … only idiosyncratic volatility has a significant effect on valuation. Second, we analyze the relation of stock returns to …
Persistent link: https://www.econbiz.de/10012459825
Cover Image
Determinant profitability and implications on the value of the company : empirical study on banking industry in IDX
Hakim, Luqman; Sugianto - In: International journal of economics and financial issues … 8 (2018) 1, pp. 205-216
Persistent link: https://www.econbiz.de/10011955687
Cover Image
Cash holdings and firm value : evidence for increasing marginal returns
Jung, Christopher; Theissen, Hubertus; Graf-Vlachy, Lorenz - In: Journal of management scientific reports : JOMSR 1 (2023) 3/4, pp. 260-300
Persistent link: https://www.econbiz.de/10014577941
Cover Image
The interpretative ability of coefficient R2 to calculate the firm value
Theodoraki, Chara - In: Spoudai : journal of economics and business 64 (2014) 1, pp. 29-41
Several studies have focused on the relationship between the R2 and the firm value. They have tried to explain how different values of R2 affect the firm value. In this paper we examine this relationship for the Greek companies listed on the Greek Stock Exchange, analyzing a sample of 135 listed...
Persistent link: https://www.econbiz.de/10010469148
Cover Image
The relationship between human capital and firm value : evidence from Indian firms
Sisodia, Garima; Jadiyappa, Nemiraja; Joseph, Anto - In: Cogent economics & finance 9 (2021) 1, pp. 1-15
; second, by creating future growth opportunities, and lastly, by reducing the volatility associated with the firm growth rate …
Persistent link: https://www.econbiz.de/10013184132
Cover Image
Alliance Networks, Corporate Investment, and Firm Valuation
Lee, Sangho - 2018
Alliances establish a private channel of communication between allied firms in which managers can obtain useful information about future investment opportunities. I examine whether this feature of alliances hinders the market's ability to correctly assess the investment opportunities of firms in...
Persistent link: https://www.econbiz.de/10012936063
Cover Image
Managerial Optimism, Investment Efficiency, and Firm Valuation
Chen, I‐Ju - 2018
This study investigates the relationship between managerial optimism, investment efficiency, and firm valuation. This study follows the Campbell's measurement for managerial optimism and investigates the influences of the different levels of managerial optimism on improving investment efficiency...
Persistent link: https://www.econbiz.de/10012938548