Essays about: "Residual Income Valuation Model"
Showing result 21 - 25 of 26 essays containing the words Residual Income Valuation Model.
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21. Implied Expected Return on Equity on the Stockholm Stock Exchange
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This thesis investigates the reasonableness of the expected returns on equity implied by the stock prices present in the bullish market of 2007 and the bearish market of 2009. With a sample of 66 companies listed on the Stockholm OMX Stock Exchange we deduct the implied return on equity expectations from a Residual Income Valuation model through reverse engineering. READ MORE
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22. Voluntary disclosure: Occurrence of financial targets in annual reports of listed Swedish companies and valuation implications
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This paper extends the literature on companies’ overall voluntary disclosure behavior by examining a specific type of disclosure that can be beneficial to make when it comes to analysts valuing a company. Specifically, this paper investigates financial target disclosure by Swedish firms in annual reports between 2003 and 2007. READ MORE
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23. Fundamental Fundamental Valuation: A Hunt for Abnormal Returns
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : We set out to develop a valuation model and two trading strategies with the aim to generate abnormal returns. The data sample consists of the shares currently constituting the S&P100 over the time period 1988 to 2007. The model is specifically designed to avoid problems of endogeneity and circularity hitherto found in previous research. READ MORE
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24. Cut to the Chase: A Study of the Usefulness of a Simplified Residual Income & Abnormal Earnings Growth Model
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study explores the usefulness of two simplified accounting based valuation models; the simplified residual income and simplified abnormal earnings growth models. With a quantitative approach, the companies on the Stockholm Stock Exchange’s Large Cap List have been used as a sample for two tests. READ MORE
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25. Empirical Testing of Parsimonious Equity Valuation Models: -
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This paper empirically evaluates the ability among different parsimonious equity valuation models to withstand factors causing valuation errors and to estimate the fair market value. The asset-based book value of owners’ equity and the discounted cash flow based capitalised earnings model are empirically evaluated along with the terminal value constrained versions of Residual Income Valuation and Abnormal Earnings Growth valuation models. READ MORE