Accounting Information and Equity Valuation

Name: Accounting Information and Equity Valuation
Brand: Springer-Verlag New York Inc.
SKU: 9781461481591
Price: 686.11 RON
Availability: InStock

Theory, Evidence, and Applications

Autor: Guochang Zhang

Limbă:

Legare: Copertă tare

Editura: Springer-Verlag New York Inc.

Disponibilitate: În depozitul extern în cantități mici

Expediem în 13-18 zile

686.11 lei

The purpose of this book is to offer a more systematic and structured treatment of the research on a...

Informații despre carte

Autor

Guochang Zhang

Limbă

engleză

Legare

Carte - Copertă tare

Publicat

2013

Pagini

233

EAN

9781461481591

ISBN

1461481597

Enbook ID

01429025

Editura

Springer-Verlag New York Inc.

Greutate

5148

Dimensiuni

155 x 235 x 20

Descriere completă

The purpose of this book is to offer a more systematic and structured treatment of the research on accounting based valuation, with a primary focus on recent theoretical developments and the resulting empirical analyses that recognize the role of accounting information in making managerial decisions.§Since its inception, valuation research in accounting has evolved primarily along an empirically driven path. In the absence of models constructed specifically to explain this topic, researchers have relied on economic intuition and theories from other disciplines (mainly finance and economics) as a basis for designing empirical analyses and interpreting findings. Although this literature has shed important light on the usefulness of accounting information in capital markets, it is obvious that the lack of a rigorous theoretical framework has hindered the establishment of a systematic and well structured literature and made it difficult to probe valuation issues in depth. §More recently, however, progress has been made on the theoretical front. The two most prominent frameworks are (i) the linear information dynamic approach and (ii) the real options based approach which recognizes managerial uses of accounting information in the pursuit of value generation. This volume devotes its initial chapters to an evaluation of the models using the linear dynamic approach, and then provides a synthesis of the theoretical studies that adopt the real options approach and the empirical works which draw on them. It is hoped that the book can heighten interest in integrating theoretical and empirical research in this field, and play a role in helping this literature develop into a more structured and cohesive body of work. §Value is of ultimate concern to economic decision-makers, and valuation theory should serve as a platform for studying other accounting topics. The book ends with a call for increased links of other areas of accounting research to valuation theory.

S-ar putea să te intereseze

Clienții care au cumpărat această carte au mai cumpărat și

Cele mai căutate

Categories

Authors

Publishers

Produse

Produse

Cele mai căutate

Categories

Authors

Publishers

Produse

Produse

Accounting Information and Equity Valuation

Theory, Evidence, and Applications

Informații despre carte

Descriere completă

S-ar putea să te intereseze

Clienții care au cumpărat această carte au mai cumpărat și