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Relative Valuation of U.S. Insurance Companies

Nissim, Doron - 2012

This study examines the accuracy of relative valuation methods in the U.S. insurance industry, using price as a proxy for intrinsic value. The approaches differ in terms of the fundamentals used, the adjustments made to the fundamentals, the use of conditioning variables, and the selection of...

Persistent link: https://www.econbiz.de/10013112858