Search for dissertations about: "thesis on valuation of firm"

Showing result 1 - 5 of 17 swedish dissertations containing the words thesis on valuation of firm.

  1. 1. Valuation Relevance The use of Information and Choice of Method in Equity Valuation

    University dissertation from Uppsala : Företagsekonomiska institutionen

    Author : Per Flöstrand; Uppsala universitet.; [2006]
    Keywords : Business studies; valuation; non-financial; analysts; intellectual capital; disclosure; sell-side; Företagsekonomi;

    Abstract : This thesis is concerned with exploring the equity market price discovery process, the translation and incorporation of new information into stock prices, by studying both what information is included in this process and which valuation methods are used to translate that information into a value.The overarching research question posed in this thesis is: How is equity valued? The overarching question is broad and has been divided into the following sub questions:What valuation methods do companies use when valuing takeover targets?What valuation methods do sell-side analysts use when valuing equity?What factors explain the variation in the use of valuation methods by sell-side analysts?To what extent do sell-side analysts utilize non-financial information in their reports?These questions are addressed in four separate essays. READ MORE

  2. 2. The theory of Homo comperiens, the firm’s market price, and the implication for a firm’s profitability

    University dissertation from Uppsala : Företagsekonomiska institutionen

    Author : Joachim Landström; Uppsala universitet.; [2007]
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Homo Comperiens; Inefficient Markets; Efficient Markets; Arbitrage; No-Arbitrage; Market Price; Market Value; Intrinsic Value; Residual Income; Residual Earnings; Company Valuation; Firm Valuation; Valuation; Accounting; Financial Accounting; Financial Analysis; Residual Rate-of-Return; Residual Rates-of-Returns; SOCIAL SCIENCES Business and economics Business studies; SAMHÄLLSVETENSKAP Ekonomi Företagsekonomi;

    Abstract : This thesis proposes a theory of inefficient markets that uses limited rational choice as a central trait and I call it the theory of Homo comperiens. The theory limits the alternatives and states that the subjects are aware of and only allow them to have rational preference relations on the limited action set and state set, i.e. READ MORE

  3. 3. Essays on Information Disclosure Content, Consequence and Relevance

    University dissertation from Uppsala : Företagsekonomiska institutionen

    Author : Niklas Ström; Uppsala universitet.; [2006]
    Keywords : Business studies; IPO; prospectus; disclosure; valuation; underpricing; Företagsekonomi;

    Abstract : This thesis provides new insight into the information environments of Initial Public Offerings (IPOs) and analysts’ equity reports. The thesis consists of four essays that address the issues of firm disclosure and the relevance of information for analysts and investors in the capital market. READ MORE

  4. 4. Corporate Governance and the Design of Board of Directors

    University dissertation from Göteborg : University of Gothenburg

    Author : Mohamed-Reda Moursli; Reda Moursli; Göteborgs universitet.; Gothenburg University.; [2015]
    Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Corporate Governance;

    Abstract : Paper 1: “The Effects of Board Independence on Busy Directors and Firm Value: Evidence from Regulatory Changes in Sweden.” I use an exogenous change to the rules of corporate governance for Swedish firms in 2005 to identify the causal effects of changes in board structure on firm value. READ MORE

  5. 5. On cash flow valuation

    University dissertation from Stockholm : Matematik

    Author : Fredrik Armerin; KTH.; [2002]
    Keywords : ;

    Abstract : A fundamental fact in finance and economics is that moneyhas a time value, meaning that if we want to value an amount ofmoney we get at some future date we should discount the amountfrom the future date back to today. When facing a stream ofcash flows occurring at di®erent times we discount each ofthe cash flows using suitable discount rates and then sum thecontributions. READ MORE