Once again you can make calls to landline phones in many countries around the world for the price of a call to Iowa. Pat Phelan, CEO of Cubic telecom group, posted the good news that www.yak4ever.com is now live replacing the defunct allfreecalls.net which was...
Company's Scientific Team to Develop and Test Proprietary High Performance Coatings Initiatives DALLAS -- Platinum Research Organization, Inc. (OTCBB:PLRO), a leader in the commercialization of patented, high-performance lubricants and coatings targeting the automotive, aviation, industrial and consumer aftermarket, announced additional funding for the development of the company's pipeline...
Since valuation is key to so much of what we do in finance, it is not surprising that there are a myriad of valuation approaches in use. In this paper, we examined three different approaches to valuation, with numerous sub-approaches within each. The fist is discounted cash...
Alford, A. W. (1992), 'The effect of the set of comparable firms on the accuracy of the price earnings valuation method'. Journal of Accounting Research 30, 94-108. Andrade, G. and S. Kaplan (1998), 'How costly is financial not economic distress? Evidence from highly...
In relative valuation, we value an asset based upon how similar assets are priced in the market. A prospective house buyer decides how much to pay for a house by looking at the prices paid for similar houses in the neighborhood. A baseball card collector makes a...
As we survey the research done on valuation in the last few decades, there are three key trends that emerge from the research. First, the focus has shifted from valuing stocks through models such as the dividend discount model to valuing businesses, representing the increased use...
In discounted cashflows valuation, the value of an asset is the present value of the expected cashflows on the asset, discounted back at a rate that reflects the riskiness of these cashflows. This approach gets the most play in academia and comes with the best theoretical ...
The value of an asset in the discounted cash flow framework is the present value of the expected cash flows on that asset. Extending this proposition to valuing a business, it can be argued that the value of a business is the sum of the values of...
Abstract Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider...
Valuation can be considered the heart of finance. In corporate finance, we consider how best to increase firm value by changing its investment, financing and dividend decisions. In portfolio management, we expend resources trying to End firms that trade at less than their true value and...
The dividend discount model calculates a stock's worth based on its expected future dividend payments. Professor Aswath Damodaran of New York University's Stern School of Business has updated the model to include stock buybacks. He notes that stocks now trade at a slightly bigger discount to their dividend value than...
The dividend discount model calculates a stock's worth based on its expected future dividend payments. Professor Aswath Damodaran of New York University's Stern School of Business has updated the model to include stock buybacks. He notes that stocks now trade at a slightly bigger discount to their dividend value than...
The growth of financial markets in Asia and Latin America and the allure of globalization has made the analysis and assessment of country risk a critical component ofvaluation in recent years. In this paper, we consider two issues. The first is the whether country risk should he considered explicitly in...
Articles 2003-10-01
<< Previous
page 1 of 1
Next >>
Premier Vendor Content
Whitepapers, webcasts & resources from our Power Center Sponsors