Essays about: "Ohlson’s model"

Found 2 essays containing the words Ohlson’s model.

  1. 1. The relationship between stock price, book value and residual income:   A panel error correction approach

    University essay from Uppsala universitet/Statistiska institutionen

    Author : Oskar Brandt; Rickard Persson; [2015]
    Keywords : Accounting based valuation; stock valuation; residual income; Ohlson’s model; PECM; Cointegration; Panel unit root; Stock price; book value; dividends; dividend discount model; aktier; utdelningar; residual inkomst; aktie värderingar; Ohlson s model;

    Abstract : In this paper we examine the short and long-term relations between stock price, book value and residual income.  We employ a panel error correction model, estimated with Engle & Granger’s (1987) two-step procedure and the single equation methodology. The models are estimated with FE-OLS and the MG-estimator. READ MORE

  3. 2. Prediction of Financial Distress among Swedish Listed Companies - A Study of Ohlson's O-score and an alteration of the model using Swedish data

    University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Niklas Alyhr; Mattias Holmberg; [2012]
    Keywords : Bankruptcy; Financial distress; Prediction model; Audit report; O-score;

    Abstract : The prediction of bankruptcy and financial distress related to companies has interested many researchers and two of the more notable published contributions are attributable to Altman (1968) and Ohlson (1980). As the studies within this field of research are many, few can be been related to Swedish listed companies. READ MORE