Essays about: "RIV"

Showing result 6 - 10 of 19 essays containing the word RIV.

  1. 6. Solving the Valuation Paradox - Applying Hedonic Valuation to Paradoxical Companies

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

    Author : Barbora Gajarova; Xurui Qin; [2019]
    Keywords : equity valuation; paradoxical company; hedonic regression; residual income valuation RIV model; pricing errors;

    Abstract : Traditional valuation models that are widely used by investors and scholars, for instance, residual income valuation (RIV) model, do not yield accurate results when valuing paradoxical companies, i.e. companies with the market value significantly above the book value and high growth, despite not generating positive payoffs. READ MORE

  3. 7. Construction and demolition waste in Helsinki : Case study of the circular economy hub HSY Ekomo

    University essay from KTH/Hållbar utveckling, miljövetenskap och teknik

    Author : Erik Wikström; [2018]
    Keywords : Waste Management; Material Flow Analysis; European Union Waste Framework Directive; Construction and Demolition Waste; Circular Economy;

    Abstract : The limited amount of natural resources on our planet has been actively discussed during the past decade. Recycling materials is becoming increasingly important in order to benefit the economy and the environment. READ MORE

  4. 8. The Financial Impact of Applying the Servitization Business Model: an empirical research based on the residual income valuation model

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

    Author : Christina Tan; Yufan Wei; [2018]
    Keywords : Servitization; Residual Income Valuation Model RIV ; q-value; Business Model; Intellectual Capital;

    Abstract : As many manufacturing firms find servitization business model a trend, a need for investigating the firm value difference between this new business model and the traditional manufacturing business model has arisen. In this study, we examine the implied q-value in these two business models and consequently discuss the distinct business characteristics of transforming into a service-focused business model. READ MORE

  5. 9. The economic importance of earnings manipulation

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

    Author : Pourya Hashemi; Anton Jonsson; [2017]
    Keywords : Earnings manipulation; Fundamental value; Bankruptcy risk prediction;

    Abstract : Although studies have analyzed the effects of earnings manipulation on stock prices and the cost of capital, the measurements have been prone to error and little emphasis has been put on the fundamental effects. Therefore, the main purpose of this study has been to describe the economic importance of earnings manipulation. READ MORE

  6. 10. Fundamental Valuation and Abnormal Returns: An Empirical Comparison of Fundamental Valuation Models

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

    Author : Carl Johansson; Gustav Lengholt; [2017]
    Keywords : Fundamental valuation; Value premium; Dividend discount model; Residual income valuation model; Abnormal earnings growth model;

    Abstract : This paper empirically compares three different fundamental valuation models - AEG, DDM and RIV - by examining the models' abilities to predict future abnormal returns. Previous research on the comparison of fundamental valuation models assumes that the market is efficient in the semi-strong form and therefore focuses on the models' abilities to predict stock prices at the valuation date. READ MORE