Essays about: "Residual Income approach"

Showing result 11 - 14 of 14 essays containing the words Residual Income approach.

1. 11. Measuring Housing Affordability in Beijing

   University essay from KTH/Bygg- och fastighetsekonomi

   Author : Chen Yao; [2011]
   Keywords : Housing Affordability; Ratio approach; Residual Income approach; Beijing;

   Abstract : Housing affordability is the relationship between households’ income and housing expenditure. The public are very concerned about the high price of residential housing in Beijing, which is considered go beyond the income of average citizens. READ MORE

3. 12. Fundamental Fundamental Valuation: A Hunt for Abnormal Returns

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Joel Davidsson; Johan Lilliehöök; [2008]
   Keywords : Abnormal returns; Fundamental Valuation; Residual Income Valuation; Value premium;

   Abstract : 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

4. 13. 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 finansiering

   Author : Axel Wingård; Emil Viklund; [2007]
   Keywords : Residual income; Abnormal earnings; Simplified models; Accounting based valuation;

   Abstract : 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

5. 14. Empirical Testing of Parsimonious Equity Valuation Models: -

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

   Author : Carl Fredrik Danielson; Martin Grund; John Gyllenhammar; [2007]
   Keywords : Equity Valuation; Conservative Accounting; Measurement Bias; Parsimonious Equity Valuation Models;

   Abstract : 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