The maximalization resp. growth of company market value ranks among the most widely spread objectives of company management. Its environment which is often presented as turbulent or volatile puts weight on how to measure and especially how to manage the company value which is understood as a sum...

Income valuation is a fundamental valuation approach. One question still open is the discount rate calculation. One factor impacting the discount rate is a capital structure. Nevertheless, the structure has to be in market values. It means that the knowledge of the result is a precondition for...