Showing 1 - 10 of 132
This book presents a new approach to the valuation of capital asset investments and investment decision … a project's economic profitability and efficiency, how to assess the impact of investment policy and financing policy on …
Persistent link: https://www.econbiz.de/10012840007
Practitioners and some academics use potential dividends rather than actual payments to shareholders for valuing a firm’s equity. We underline the differences between the two methods and present some arguments supporting the thesis that firm valuation with potential dividends overstate the...
Persistent link: https://www.econbiz.de/10015216440
improvement; Miller and Modigliani's (1961) investment opportunities approach to valuation; Young and O'Byrne's (2001) Adjusted …
Persistent link: https://www.econbiz.de/10015216472
Practitioners and some academics use potential dividends rather than actual payments to shareholders for valuing a firm’s equity. We underline the differences between the two methods and present some arguments supporting the thesis that firm valuation with potential dividends overstate the...
Persistent link: https://www.econbiz.de/10015216523
This paper presents a theoretical framework for valuation, investment decisions, and performance measurement based on a …
Persistent link: https://www.econbiz.de/10015218254
This paper presents a theoretical framework for valuation, investment decisions, and performance measurement based on a …
Persistent link: https://www.econbiz.de/10015218329
Residual income as commonly described in academic papers and in real-life applications may be formally described as a function of three variables: (i) the capital invested, (ii) the rate of return, (iii) the opportunity cost of capital. This paper shows that a different paradigm of residual...
Persistent link: https://www.econbiz.de/10015258876
Residual income as commonly described in academic papers and in real-life applications may be formally described as a function of three variables: (i) the capital invested, (ii) the rate of return, (iii) the opportunity cost of capital. This paper shows that a different paradigm of residual...
Persistent link: https://www.econbiz.de/10015261786
; O'Byrne's (1997) EVA improvement; Miller and Modigliani's (1961) investment opportunities approach to valuation; Keynes …
Persistent link: https://www.econbiz.de/10015262272
improvement; Miller and Modigliani's (1961) investment opportunities approach to valuation; Young and O'Byrne's (2001) Adjusted …
Persistent link: https://www.econbiz.de/10015265962