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This study examined the predictive power of performance persistence from the perspective of prospect theory using 12 …-sectional prospect theory value (CSPTV) measurement, designed to reflect cross-sectional comparison across the return distributions for … all stocks, captures this unique information better than the existing prospect theory value (PTV), which is specific to a …
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Valuation Methods and Shareholder Value Creation provides a comprehensive examination of valuation tools and guidance for analyzing and valuing a business. It covers the basics of valuation methods and shareholder value creation in addition to rigorous approaches to discounted cash flow...
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