Showing 1 - 10 of 48
The subject of Value Based Management (VBM) in general, and Economic Value Added (EVA<SUP align … study adds to the literature in that it uses data from interviews with key informants of VBM-adopter entities as a basis for … the development of a theory of why companies adopt VBM measures and how they use VBM on an ongoing basis. This research …
Persistent link: https://www.econbiz.de/10008538771
Economies are accompanied by periodic cycles to a certain extent. Depressions always precede recessions, but a depression doesn’t need to necessarily follow a recession. A depression cannot be overcome without regulation and state intervention (sometimes even by associations of states). This...
Persistent link: https://www.econbiz.de/10010898036
The paper presents an empirical verification of the main assumptions underlying the calculation of terminal value in DCF valuation models. The test results suggest that the volatility of free cash flows and the dynamism of the operating environment do not allow us to make a reliable long-term...
Persistent link: https://www.econbiz.de/10012011834
This paper deals with cryptocurrency bubbles. First, it points out that a number of recent papers on cryptocurrency bubbles are awed due to an insufficient consideration of the fundamental value of cryptocurrencies. As even fiat money is said to exhibit features of bubbles, the same applies to...
Persistent link: https://www.econbiz.de/10012052849
Common stock valuation presents one of the most complex tasks in financial analysis. When it attempts to answer on question: 'what causes stock price movements? 'Then the answer would not relate only on economic factors. There are numerous factors that affect the stock price and they are almost...
Persistent link: https://www.econbiz.de/10010435951
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal-at least partly-from an assumed positive intrinsic...
Persistent link: https://www.econbiz.de/10011282466
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal - at least partly - from an assumed positive...
Persistent link: https://www.econbiz.de/10010312870
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal - at least partly - from an assumed positive...
Persistent link: https://www.econbiz.de/10010316882
Team decision-making prevails in modern organizations. Teams often need to decide whether to delegate or make a decision themselves. Recent work has found that many individuals assign a significantly positive intrinsic value to having a decision right, which may distort the choice between...
Persistent link: https://www.econbiz.de/10012434971
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal - at least partly - from an assumed positive...
Persistent link: https://www.econbiz.de/10009747799