Results 311 to 320 of about 1,061,481 (358)

On Valuation with Stochastic Proportional Hazard Models in Finance [PDF]

open access: possibleSSRN Electronic Journal, 2010
While the proportional hazard model is recognized to be statistically meaningful for analyzing and estimating financial event risks, the existing literature that analytically deals with the valuation problems is very limited. In this paper, adopting the proportional hazard model in continuous time setting, we provide an analytical treatment for the ...
openaire   +3 more sources

Valuation effects of bank financing in acquisitions

Journal of Financial Economics, 2003
Abstract In a sample of 115 cash tender offers between 1990 and 1996, banks extend financing in 70% of the tender offers and finance the entire tender offer in half of these takeovers. Bank financing of tender offers is more likely when internal cash reserves are low.
Anu Bharadwaj   +2 more
openaire   +2 more sources

A Finance Approach to Climate Stress Testing

Social Science Research Network, 2020
There is increasing interest in assessing the impact of climate policies on the value of financial sector assets, and consequently on financial stability. Prior studies either take a "black box" macro-modelling approach to climate stress testing or focus
H. J. Reinders   +2 more
semanticscholar   +1 more source

Working capital management and firm’s valuation, profitability and risk

International Journal of Managerial Finance, 2019
PurposeThe purpose of this paper is to examine the effects of working capital management on firm valuation, profitability and risk.Design/methodology/approachThe paper uses a panel data set of 497 firms covering the period 2007 to 2016.
B. Le
semanticscholar   +1 more source

Debt Financing, Corporate Financial Intermediaries and Firm Valuation

The Journal of Finance, 1982
ABSTRACTIn this paper we consider the role of financial intermediaries in the valuation of firms and projects. We show that security prices should reflect both used and unused debt capacity if some corporations can act as financial intermediaries and can capture the tax benefits of debt capacity unused by the operating firm.
Franks, Julian R, Pringle, John J
openaire   +2 more sources

Finance and Real Estate Valuation

2012
In the aftermath of the “Yes Era”, we believe that investors must return to fundamental analytical tools in order to help ensure that a property has the desired characteristics which allow an investor to achieve their required rate of return. Investing in non-speculative properties will help the investor in obtaining financing at a bank, as lenders are
Bill Marcum, G. Jason Goddard
openaire   +2 more sources

Valuation and Control in Venture Finance

The Journal of Finance, 2001
ABSTRACTThis paper presents the model of a relationship between a venture capitalist and an entrepreneur engaged in the formation of a new firm. I assume that the entrepreneur derives private nonpecuniary benefits from having some control over the firm.
openaire   +2 more sources

FinTech Valuation

Social Science Research Network, 2020
Financial technology (FinTech) is an industry composed of diversified companies that use technology to make financial services more efficient. Fintech is recognized as one of the most critical innovations in the financial industry and is evolving at a ...
Roberto Moro Visconti
semanticscholar   +1 more source

339 Questions on Valuation and Finance

SSRN Electronic Journal, 2013
The document starts with 100 questions that students, alumni and other persons (judges, arbitrageurs, clients…) have posed to me over the past years. They were recompiled so as to help the reader remember, clarify and, in some cases, discuss some useful concepts in finance.
openaire   +2 more sources

Finance and Valuation

2010
In this 12th edition of the European Energy Markets Observatory, a sample of 41 companies has been examined (see Table 14.1), which is down from 43 covered in last year’s report, as two of the companies were acquired in 2009: Dutch Essent was bought by German RWE, and Nuon (also Dutch) was acquired by Swedish Vattenfall.
openaire   +2 more sources

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