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Volumn 185, Issue 3, 2008, Pages 1548-1563

Continuing value in firm valuation by the discounted cash flow model

Author keywords

Accounting data; Discounting; Free cash flow; Steady state; Valuation

Indexed keywords

DATA FLOW ANALYSIS; EXTRAPOLATION; MATHEMATICAL MODELS; PARAMETER ESTIMATION;

EID: 34848920116     PISSN: 03772217     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ejor.2006.08.012     Document Type: Article
Times cited : (30)

References (10)
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    • Fernández, Pablo., 2002. Valuing Companies by Cash Flow Discounting: Ten Methods and Nine Theories. Research Paper No. 451. IESE, University of Navarra, Barcelona.
  • 4
    • 34848824212 scopus 로고    scopus 로고
    • Howe, Keith M., 1992. Capital Budgeting Discount Rates Under Inflation: A Caveat. Financial Practice and Education, Spring/Summer 1992. pp. 31-35.
  • 5
    • 34848823597 scopus 로고    scopus 로고
    • Jennergren, L. Peter., 2002. A Tutorial on the McKinsey Model for Valuation of Companies (4th revision 2002). Working Paper in Business Administration No. 1998:1. Stockholm School of Economics.
  • 6
    • 0001905207 scopus 로고    scopus 로고
    • Reconciling value estimates from the discounted cash flow model and the residual income model
    • Lundholm R., and O'Keefe T. Reconciling value estimates from the discounted cash flow model and the residual income model. Contemporary Accounting Research 18 2 (2001) 311-335
    • (2001) Contemporary Accounting Research , vol.18 , Issue.2 , pp. 311-335
    • Lundholm, R.1    O'Keefe, T.2
  • 7
    • 0033196216 scopus 로고    scopus 로고
    • On the theory of forecast horizon in equity valuation
    • Ohlson J.A., and Zhang X.-J. On the theory of forecast horizon in equity valuation. Journal of Accounting Research 37 2 (1999) 437-449
    • (1999) Journal of Accounting Research , vol.37 , Issue.2 , pp. 437-449
    • Ohlson, J.A.1    Zhang, X.-J.2
  • 8
    • 54649084824 scopus 로고    scopus 로고
    • A synthesis of equity valuation techniques and the terminal value calculation for the dividend discount model
    • Penman S.H. A synthesis of equity valuation techniques and the terminal value calculation for the dividend discount model. Review of Accounting Studies 2 (1998) 303-323
    • (1998) Review of Accounting Studies , vol.2 , pp. 303-323
    • Penman, S.H.1
  • 9
    • 33744953452 scopus 로고    scopus 로고
    • On comparing cash flow and accrual accounting models for use in equity valuation: a response to Lundholm and O'Keefe
    • Penman S.H. On comparing cash flow and accrual accounting models for use in equity valuation: a response to Lundholm and O'Keefe. Contemporary Accounting Research 18 4 (2001) 681-692
    • (2001) Contemporary Accounting Research , vol.18 , Issue.4 , pp. 681-692
    • Penman, S.H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.