Essays about: "relative valuation approach"
Showing result 6 - 10 of 14 essays containing the words relative valuation approach.
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6. Football franchise pricing – Finding the right valuation method while factoring in potential investment motivations
University essay from Göteborgs universitet/Graduate SchoolAbstract : Sports franchises are mostly privately held businesses whose financial data does generally not match the quality standards of conventional businesses as they are not subject to audit and other accounting regulations. In this context, it remains unclear how investors proceed in order to find reliable franchise value estimates since a valuation method standard has yet to be established in this field. READ MORE
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7. RIVolutionising Voluntary Disclosure: A Conceptual Study on the Value Relevance of Voluntary Disclosure for Listed Emerging Growth Companies
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study uses a mixed method approach to analyse how voluntary disclosure contributes to conceptually explain the valuation gap between fundamental accounting numbers and the stock market price for Listed Emerging Growth Companies (LEGCs). This is done by taking a deduced valuation model perspective using the Forecast Issues underlying the Residual Income Valuation model as a theoretical lens to analyse voluntary disclosure (Gray & Skogsvik, 2004). READ MORE
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8. Seeking Active Returns - A Study of Restructing Strategies for Equity Index-Linked Notes
University essay from Göteborgs universitet/Företagsekonomiska institutionenAbstract : Aim and purpose: The aim of the study is to examine whether an active strategy for restructuring of equity index-linked notes can generate higher returns than a passive ‘buy-and-hold’ strategy. More specifically, the purpose of the study is to examine how an active restructuring strategy, using specific variables to govern market timing, for equity index-linked notes may affect the returns over a given time period, compared with a passive ‘buy-and-hold’ strategy. READ MORE
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9. A search for abnormal returns in the Swedish equity market during 2002-2012
University essay from Handelshögskolan i Stockholm/Institutionen för redovisning och finansieringAbstract : This study investigates the ability to generate abnormal returns using only historical accounting information in the Swedish equity market during 2002-2012. We have used the residual income valuation framework in two approaches to predict price-to-book ratios. First, a direct approach where each company is valued individually. READ MORE
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10. Portfolio Strategies based on Fundamental Weighting: An Empirical Study of the Swedish Stock Market
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Purpose: The aim of this study is to investigate if portfolios whose composition is based on fundamental values (FVs) outperform a market value (MV)-weighted benchmark portfolio in terms of mean-variance efficiency on the Swedish stock market. We also seek to answer if an investment strategy, which focuses on the difference in composition between these two weighting methods, can further enhance the assumed benefits by the use of active extension. READ MORE
