Essays about: "PMB"

Found 1 essay containing the word PMB.

  1. 1. Variations In the Permanent Measurement Bias

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

    Author : Jens Bergquist; Nils Kjerstadius; [2014]
    Keywords : permanent measurement bias; PMB; accounting bias; Mikael Runsten; residual income valuation;

    Abstract : Valuation techniques that use the accounting permanent measurement bias (PMB) do often result in robust corporate valuations. Runsten (1998) presented a table that displays median partial PMBs for important asset classes in a selected number of industries. The table did not describe how the partial PMBs varied within industries. READ MORE