Gentry, James A.; Whitford, David T.; Sougiannis, Theodore - College of Business, University of Illinois at … - 2002
There are two widely accepted approaches used to estimate the market value of a firm's equity (Vs). The accounting approach assumes the estimated Vs is based on the discounted value of a firm's future net income stream (NI). A finance model assumes that the value of a firm's stock (Vs) is...