Company Valuation and Information in Analyst Forecasts PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Company Valuation and Information in Analyst Forecasts PDF full book. Access full book title Company Valuation and Information in Analyst Forecasts by Daniel Kreutzmann. Download full books in PDF and EPUB format.
Author: Daniel Kreutzmann
Publisher: Logos Verlag Berlin GmbH
ISBN: 3832525297
Category : Business & Economics
Languages : en
Pages : 141
Get Book Here
Book Description
This thesis focuses on the three primitive value drivers of each company valuation model that is based on fundamental analysis: the discount rate, the expected future payoffs during the explicit forecasting period, and the terminal value at the end of the explicit forecasting period. While the first factor is analyzed theoretically by incorporating the government into the classical valuation framework, this thesis studies the other two factors by investigating forecasts made by professional investors, i.e. financial analysts. In the first part we show that the government's and the shareholders discount rate usually differ and analyze how the government's and shareholders different objectives lead to conflicts in the context of capital budgeting. The empirical part of this thesis shows that macroeconomic information is frequently used by financial analysts when updating their earnings expecations and that target price forecastsmade by financial analysts can be used to predict abnormal returns.
Author: Daniel Kreutzmann
Publisher: Logos Verlag Berlin GmbH
ISBN: 3832525297
Category : Business & Economics
Languages : en
Pages : 141
Get Book Here
Book Description
This thesis focuses on the three primitive value drivers of each company valuation model that is based on fundamental analysis: the discount rate, the expected future payoffs during the explicit forecasting period, and the terminal value at the end of the explicit forecasting period. While the first factor is analyzed theoretically by incorporating the government into the classical valuation framework, this thesis studies the other two factors by investigating forecasts made by professional investors, i.e. financial analysts. In the first part we show that the government's and the shareholders discount rate usually differ and analyze how the government's and shareholders different objectives lead to conflicts in the context of capital budgeting. The empirical part of this thesis shows that macroeconomic information is frequently used by financial analysts when updating their earnings expecations and that target price forecastsmade by financial analysts can be used to predict abnormal returns.
Author: Cheng F.Lee
Publisher: Center for PBBEFR & Ainosco Press
ISBN: 9866286754
Category : Business & Economics
Languages : en
Pages :
Get Book Here
Book Description
Advances in Quantitative Analysis of Finance and Accounting (New Series) is an annual publication designed to disseminate developments in the quantitative analysis of finance and accounting. The publication is a forum for statistical and quantitative analyses of issues in finance and accounting as well as applications of quantitative methods to problems in financial management, financial accounting, and business management. The objective is to promote interaction between academic research in finance and accounting and applied research in the financial community and the accounting profession.
Author: Mike Metcalfe
Publisher: Springer Science & Business Media
ISBN: 1461522552
Category : Business & Economics
Languages : en
Pages : 354
Get Book Here
Book Description
This book is about managing the task of forecasting profit. It builds a case for using multiple methods, providing examples of each method, and suggesting practical techniques to use in dealing with the issues and problems of accuracy in profit forecasts. All the elements that infringe on profits (costs, sales, budgeting, investment, and loan default) are examined within this framework. In addition to synthesizing the research, Professor Metcalfe has applied his own research work on forecast modeling and judgmental methods. The final result is a practical reference book for making more accurate profit forecasts.
Author: International institute of forecasters
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Gerald I. White
Publisher: John Wiley & Sons
ISBN: 0471375942
Category : Business & Economics
Languages : en
Pages : 786
Get Book Here
Book Description
Accounting Standards (US and International) have been updated to reflect the latest pronouncements. * An increased international focus with more coverage of IASC and non-US GAAPs and more non-US examples.
Author: Janusz Kacprzyk
Publisher: Springer
ISBN: 3319668242
Category : Technology & Engineering
Languages : en
Pages : 639
Get Book Here
Book Description
This volume constitutes the proceedings of two collocated international conferences: EUSFLAT-2017 – the 10th edition of the flagship Conference of the European Society for Fuzzy Logic and Technology held in Warsaw, Poland, on September 11–15, 2017, and IWIFSGN’2017 – The Sixteenth International Workshop on Intuitionistic Fuzzy Sets and Generalized Nets, held in Warsaw on September 13–15, 2017. The conferences were organized by the Systems Research Institute, Polish Academy of Sciences, Department IV of Engineering Sciences, Polish Academy of Sciences, and the Polish Operational and Systems Research Society in collaboration with the European Society for Fuzzy Logic and Technology (EUSFLAT), the Bulgarian Academy of Sciences and various European universities. The aim of the EUSFLAT-2017 was to bring together theoreticians and practitioners working on fuzzy logic, fuzzy systems, soft computing and related areas and to provide a platform for exchanging ideas and discussing the l atest trends and ideas, while the aim of IWIFSGN’2017 was to discuss new developments in extensions of the concept of a fuzzy set, such as an intuitionistic fuzzy set, as well as other concepts, like that of a generalized net. The papers included, written by leading international experts, as well as the special sessions and panel discussions contribute to the development the field, strengthen collaborations and intensify networking.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 612
Get Book Here
Book Description
Author: Mark T. Bradshaw
Publisher:
ISBN:
Category : Business enterprises
Languages : en
Pages : 680
Get Book Here
Book Description
Author: Marie Ellen Emmendorfer Archambault
Publisher:
ISBN:
Category : Consolidation and merger of corporations
Languages : en
Pages : 296
Get Book Here
Book Description
Author: Gordon J. Alexander
Publisher:
ISBN:
Category : Investment analysis
Languages : en
Pages : 904
Get Book Here
Book Description
This introductory text provides a clear framework for understanding and analyzing securities. It also covers the major institutional features and theories of investing in the current economy. This edition has a more international perspective, reflecting the authors' belief that the field of investment is destined to become more global than it currently is.
