Results 1 to 10 of about 572 (216)
Informal institutions and firm valuation [PDF]
Emerging Markets Review, 2019 Research on the effects of the institutional environment on firm market valuation have concentrated on formal institutions and in particular legal frameworks. However, changes in formal institutions may have little to no effect on the deeply ingrained socio-economic processes which determine the way of conducting business in a country.
Christopher A Hartwell +1 more
exaly +2 more sources
FIRM VALUATION WITH DATA ENVELOPMENT ANALYSIS: BORSA IṠTANBUL EXAMPLE
Copernican Journal of Finance & Accounting, 2023 Objective of this study is to present an example of firm valuation with Data Envelopment Analysis (DEA), which is an alternative and new firm valuation method, and to contribute this limited field of research area with new findings.
Yusuf Ozan Üzgün, Nevzat Aypek
doaj +1 more source
Illiquidity and Under-Valuation of Firms [PDF]
SSRN Electronic Journal, 2008 We study a competitive model in which debt-financed firms may default in some states of nature. Incomplete markets prevent firms from hedging the risk of asset firesales when markets are illiquid. This is the only friction in the model and the only cost of default. The anticipation of such losses alone may distort firms' investment decisions.
Piero Gottardi, Douglas Gale
openaire +5 more sources
Growth Options and Firm Valuation [PDF]
SSRN Electronic Journal, 2013 AbstractThis paper studies the relationship between firm value and a firm's growth options. We find strong empirical evidence that Tobin's Q increases with firm‐level volatility. The significance mainly comes from R&D firms, which have more growth options than non‐R&D firms.
Kraft, Holger +2 more
openaire +4 more sources
Research on Pricing Decision of Direct Sales Green Supply Chain Based on Consumers’ Valuation
Discrete Dynamics in Nature and Society, 2021 Consumer’s valuation of merchandise is an important factor affecting consumer buying behavior. When the consumer’s valuation exceeds the price of product, the consumer generally makes a decision to purchase the product; conversely, when the consumer’s ...
Yong-Gang Ye, Xiao-Feng Liu
doaj +1 more source
The Valuation of European Financial Firms [PDF]
Review of Accounting and Finance, 2001 We extend the recent literature concerning accounting based valuation models to investigate financial firms from six European countries with substantial financial sectors: France, Germany, Italy, Netherlands, Switzerland and the UK. Not only are these crucial industries worthy of study in their own right, but unusual accounting practices, and inter ...
Danbolt, Jo; id_orcid 0000-0002-6572-5753 +1 more
openaire +2 more sources
Modeling the selection of comparable firms: A novel approach for business valuation in ASEAN nations
Cogent Economics & Finance, 2021 This study aims to develop systematic models for the selection of comparable firms for firm valuation. The conventional approach argues that indicators such as firm size, growth rate, and industry should be considered for the selection of peer firms ...
Nguyen Kim-Duc, Hay Sinh, Tran Bich-Van
doaj +1 more source
Brand and Firm Value: Evidence from Arab Emerging Markets
Economies, 2021 This study aims to estimate the impact of brand as the most important intangible marketing asset on firm value, measured by share return in some Arab emerging market, as well analyze the moderating role of agency costs in the relationship between share ...
Musaab Mousa +2 more
doaj +1 more source
The Implementation And Application Of Firm Valuation Models [PDF]
Journal of Applied Business Research (JABR), 2011 <span style="font-family: "Times New Roman","serif"; font-size: 10pt; mso-fareast-font-family: 'Times New Roman'; mso-fareast-language: EN-US; mso-ansi-language: DA; mso-bidi-language: AR-SA;" lang="DA">This study focuses on methodological errors that arise when firm valuation is carried out in practice ...
Vriborg Petersen, Christian +1 more
openaire +4 more sources
The impact of control structures on firm value
Borsa Istanbul Review, 2023 The purpose of this study is to investigate the impact of control structures on the value of family-controlled firms in Turkiye, an emerging market. Turkish firms are usually affiliated with family-controlled business groups.
Seniha Besim
doaj +1 more source