Quantitatives Controlling

Towards a more accurate equity valuation

An empirical analysis

Authors: Henschke, Stefan

Buy this book

eBook $59.99
price for USA (gross)
  • ISBN 978-3-8349-8342-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $79.99
price for USA
  • ISBN 978-3-8349-1927-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
About this book

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.

About the authors

Dr. Stefan Henschke received his doctor’s degree at the University of Cologne, his supervisor was Prof. Dr. Carsten Homburg from the Department of Management Accounting.

Table of contents (6 chapters)

  • Introduction

    Henschke, Stefan

    Pages 1-6

  • Valuing equity

    Henschke, Stefan

    Pages 7-32

  • The accuracy of equity valuation methods

    Henschke, Stefan

    Pages 33-62

  • Multiples: Controlling for differences between firms

    Henschke, Stefan

    Pages 63-101

  • Linear information models: The effects of conservative accounting

    Henschke, Stefan

    Pages 103-144

Buy this book

eBook $59.99
price for USA (gross)
  • ISBN 978-3-8349-8342-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $79.99
price for USA
  • ISBN 978-3-8349-1927-4
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Towards a more accurate equity valuation
Book Subtitle
An empirical analysis
Authors
Series Title
Quantitatives Controlling
Copyright
2009
Publisher
Gabler Verlag
Copyright Holder
Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden
eBook ISBN
978-3-8349-8342-8
DOI
10.1007/978-3-8349-8342-8
Softcover ISBN
978-3-8349-1927-4
Edition Number
1
Number of Pages
XXIV, 165
Number of Illustrations and Tables
17 b/w illustrations
Topics