Towards a more accurate equity valuation

An empirical analysis

• Author(s): Stefan Henschke,
• Publisher: Springer-Verlag
• Pages: 165
• ISBN_10: 3834919276
  ISBN_13: 9783834919274
  
• Language: en
• Categories: Business & Economics / Accounting / Managerial , Business & Economics / Finance / General ,

Description:... The accurate valuation of companies is essential for investors and managers. What appears to be straightforward from an academic perspective – discount expected future payoffs using adequate cost of capital – can be extremely difficult to implement. Using an empirical approach, Stefan Henschke investigates and improves the performance of different equity valuation methods. His research provides guidance for identifying inaccurate valuations and for improving the accuracy of valuations based on multiples.