Results 311 to 320 of about 1,052,797 (378)

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.
A. Kirilenko
openaire   +3 more sources

Fair value, equity cash flow and project finance valuation: ambiguities and a solution

, 2017
Purpose The literature on project finance appraisal contains several ambiguities mainly concerning the correct method of equity cash flow (ECF) determination. This vagueness can lead to serious misevaluation of these projects.
Krzysztof Jackowicz, Paweł Mielcarz, Paweł Wnuczak   +2 more
semanticscholar   +1 more source

Financing Decisions and Valuation with Leverage [PDF]

SSRN Electronic Journal, 2010
This is a list of published academic research, which is intended as a basic readings selection for Corporate Finance course emphasizing interrelated issues of capital structure decisions, payout policy and valuation with leverage. The file is structured by topic and papers are listed in chronological order.
openaire   +1 more source

Corporate Income Taxes, Valuation, and the Problem of Optimal Capital Structure

World Scientific Reference on Contingent Claims Analysis in Corporate Finance, 2019
Most aspects of the theory of capital structure and valuation in perfect capital markets with no corporate income tax have by now been investigated.' Somewhat less attention, however, has been directed to the effects of the corporate income tax on the ...
M. Brennan, E. S. Schwartz
semanticscholar   +1 more source

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

SSRN 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

The unstable core of global finance: Contingent valuation and governance of international accounting standards

, 2015
Accounting standards are the foundations of the financial regulatory edifice, and global financial governance is no more stable than the asset valuations that feed it. Yet for two decades and up to this day, no international accounting rule for financial
Daniel Mügge, B. Stellinga
semanticscholar   +1 more source

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, D. Schoenmaker, Mathijs A. Van Dijk   +2 more
semanticscholar   +1 more source

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, Anil Shivdasani, Anil Shivdasani   +2 more
openaire   +2 more sources

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

Artificial Intelligence for Audit, Forensic Accounting, and Valuation

, 2020
This book examines current topics and trends in strategic auditing, accounting and finance in digital transformation both from a theoretical and practical perspective.

semanticscholar   +1 more source