Towards a more accurate equity valuation An empirical analysis

The accurate valuation of companies is essential for investors and managers. What appears to be straightforward from an academic perspective – discount expected future payoffs using adequate cost of capital – can be extremely difficult to implement. Using an empirical approach, Stefan Henschke inves...

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Bibliographic Details
Main Author: Henschke, Stefan
Format: eBook
Language:German
Published: Wiesbaden Gabler Verlag 2009, 2009
Edition:1st ed. 2009
Series:Quantitatives Controlling
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Description
Summary:The accurate valuation of companies is essential for investors and managers. What appears to be straightforward from an academic perspective – discount expected future payoffs using adequate cost of capital – can be extremely difficult to implement. Using an empirical approach, Stefan Henschke investigates and improves the performance of different equity valuation methods. His research provides guidance for identifying inaccurate valuations and for improving the accuracy of valuations based on multiples
Physical Description:XXIV, 165 S. 17 Abb online resource
ISBN:9783834983428