Carlo Alberto, Magni - Volkswirtschaftliche Fakultät, … - 2008
This paper deals with the notion of residual income, which may be defined as the surplus profit that residues after a … and calculation of intrinsic values. A most recent theory, the systemic-value-added approach (also named lost …-capital paradigm), provides a dierent denition of residual income, consistent with arbitrage theory. En- folded in Keynes's (1936 …