Results 181 to 190 of about 13,797,932 (205)

Inferring the Cost of Capital Using the Ohlson–Juettner Model

Review of Accounting Studies, 2003
We compare risk premia (RP) inferred using the Ohlson-Juettner (RPOJ) and residual income valuation (RPRIV) models in three ways: (1) correlation with risk factors; (2) correlation with RP estimated by multiplying current realizations of risk factors by coefficients obtained from regressing prior-year RP on prior-year risk factors; and (3) correlation ...
Dan Gode, Partha Mohanram
openaire   +1 more source

Econometric Modeling of Intangible Assets Using an Adaptive Ohlson Model

Lecture Notes in Networks and Systems
Carmita Beltran, Daniela Villalva Dalgo, Silvia Janeth Navas Alcivar   +2 more
exaly   +2 more sources

RE-ESTIMATIONS OF THE ZMIJEWSKI AND OHLSON BANKRUPTCY PREDICTION MODELS

Advances in Accounting, 2003
Abstract Current accounting research uses the Zmijewski (1984) and Ohlson (1980) bankruptcy prediction models as proxies for financial distress/bankruptcy. Such use assumes that the models’ predictive powers transcend to time periods, industries, and financial conditions outside of those used to originally develop the models.
John Stephen Grice, Michael T Dugan
openaire   +1 more source

Is the Ohlson (1995) Model an Example of the Simpson's Paradox?

SSRN Electronic Journal, 2009
The Ohlson (1995) equity valuation and returns models are consistent with mathematical formulation. Since value relevance models that relate Ohlson (1995) focus on information dynamics of accounting and other information for explaining equity value, an inconsistency between Ohlson’s (1995) simplified model for valuation and re-formulation of returns ...
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The Efficient Market, Random Walk, and the Ohlson (1995) Model

SSRN Electronic Journal, 2009
Though the efficient market and random walk are closely related to each other, the gaining of risk free return (the result of risk free price change) indicated in efficient market needs to be compromised with random walk. Ohlson (1995) demonstrates the price change model, which illustrates that next period’s price change plus dividend is predictable ...
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An Empirical Assessment of a Modified Ohlson (1995) Model

SSRN Electronic Journal, 2021
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A Test of the Ohlson (1995) Model: Empirical Evidence from Japan

2001
This paper investigates the validity of the Ohlson (1995) information dynamics (Linear Information Model: LIM) and attempts to improve the LIM. The difficulty concerning the empirical tests of the LIM lies in identifying v, which denotes information other than abnormal earnings.
openaire   +1 more source

Feltham-Ohlson model: goodwill and cenová volatilita

2011
This paper derives and tests the hypothesis that there exists a positive relationship between the amount of unrecognized goodwill a company has in relation to the book value of its equity, and the volatility of the price of its stock and the average trading volume of its shares, and that further this relationship is stronger when the source of that ...
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Testing the validity of Ohlson Model (1995) on the Italian Stock Exchange

2011
The article aims to test the impact of the current and forward accounting variables on the firm’s market value, by analyzing these relations on the financial sector of the Italian Stock ...
SILVESTRI, ANTONELLA, VELTRI, Stefania
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A Tutorial on the Ohlson and Feltham/Ohlson Models: Answers to Some Frequently Asked Questions*

Contemporary Accounting Research, 1995
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