VALUATION -- CORPORATE VALUE CREATION -- TIME VALUE OF MONEY -- SECURITY MARKETS -- Part II: Financial Information as a Source … of Valuation Inputs -- OVERVIEW OF FINANCIAL INFORMATION -- THE BASICS OF FINANCIAL STATEMENT ANALYSIS -- PROFITABILITY … -- OVERVIEW OF CAPITAL STRUCTURE AND COST OF CAPITAL -- THE COST OF EQUITY -- THE COST OF DEBT -- Part IV: Intrinsic Valuation …

with frictions in the adjustment of both capital and labor. We posit that hiring of labor is akin to investment in capital ….S. corporate sector data to estimate firms' optimal hiring and investment decisions and the consequences for firms' value. We then … investment and physical capital. We find that a conventional specification - quadratic adjustment costs for capital and no hiring …

through market-timing and catering, after controlling for growth and financial slack. This investment-mispricing link is more … sensitivity of investments to mispricing is a function of the nature of mispricing, the type of investment, and the firm …