Essays about: "equity book value"

Showing result 1 - 5 of 40 essays containing the words equity book value.

  1. 1. Can a modern value definition save a struggling investment strategy? A study on the performance of the F-Score when adjusting book-to-market equity for intangibles

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

    Author : Hampus Johnson; Max Rembe; [2023]
    Keywords : Value investing; Piotroski s F-score; Intangible assets; Book-to-market equity;

    Abstract : Studies have found that the immediate expensing of intangible investments has understated the book-to-market metric, which has caused a substantial misclassification of value and glamor stocks in the new economy. This has coincided with a deteriorating performance of Piotroski's F-score, which aims to identify winning stocks among the value group by considering financial signals relevant to these stocks. READ MORE

  3. 2. Value Relevance in the New Economy: A Study on Changes in Value Relevance of Accounting Information

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

    Author : Isak Sunar Kreuger; Emilia Staaf; [2023]
    Keywords : Value Relevance; Equity Valuation; Classification and Regression Trees; New Economy; Financial Reporting;

    Abstract : Prior research emphasizes that the failure of accounting practices to keep pace with the emergence of a new economy has caused a deterioration in the value relevance of accounting. We therefore aim to investigate how the value relevance of accounting information in Sweden has changed as the new economy has developed. READ MORE

  4. 3. IFRS Impact on Swedish Companies

    University essay from Lunds universitet/Företagsekonomiska institutionen

    Author : Alexander Gunnervall; Jiahe Cheng; [2023]
    Keywords : Value Relevance; Linear Regression Analysis; IFRS Implementation; Ohlson Model; Market Value of Equity; Book value of equity; Earnings.; Business and Economics;

    Abstract : This thesis aims to investigate whether the implementation of IFRS has affected the accounting quality in Swedish companies. The results of this study is analyzed through the theory of information asymmetry and previous empirical studies. READ MORE

  5. 4. The Valuation of Organization Capital Across Profit and Loss Firms

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

    Author : Edvard Hagman; Viggo Bastigkeit Ericstam; [2022]
    Keywords : intangible capital; organization capital; equity valuation; accounting conservatism; value relevance;

    Abstract : Investments in intangible capital and the frequency of reported losses have increased among firms over the last decades, in turn leading to a deteriorating link between book value of equity, earnings, and equity market values. Existing literature on the valuation of loss firms suggests that the value relevance of book value of equity and earnings is moderated by the extent of knowledge capital among these firms. READ MORE

  6. 5. Performance of Small- and Large-cap stock portfolios- The importance of market anomalies across business cycles

    University essay from Göteborgs universitet/Graduate School

    Author : Erik Hulth; [2021-06-30]
    Keywords : Stock performance; Market anomalies; Asset pricing; Portfolio sorting techniques; Factor-portfolio sorting techniques; Value effect; Size effect; Momentum effect; Temporal influences; Business cycles; GDP-gap; Single-and Multi- Factor models; CAPM; Fama-French Three-Factor model; Carhart Four-Factor model; Risk-adjusted equity returns; Sharpe Ratio; Jensen´s alpha; NASDAQ OMX and NYSE;

    Abstract : This Master´s thesis investigated the importance of the market anomalies size (market capitalization), value (Book-to-Market ratio) and momentum (lagged short-term momentum) for equity returns of small- and large-cap composite stock portfolios. The study focused on two contrasting stock markets (NASDAQ OMX and NYSE) across domestic business cycles over the time-period 2006 to 2021. READ MORE