Search Results - subject:"error in valuation"

Potential Dividends and Actual Cash Flows. Theoretical and Empirical Reasons for Using 'Actual' and Dismissing 'Potential'. Or: How Not to Pull Pot...

Velez-Pareja, Ignacio; Magni, Carlo Alberto - MASTER CONSULTORES - 2008

Practitioners and academics in valuation include changes in liquid assets (potential dividends) in the cash flows. This widespread and wrong practice is inconsistent with basic finance theory. We present economic, theoretical, and empirical arguments to support the thesis. Economic arguments...

Persistent link: https://www.econbiz.de/10010763000

Potential dividends and actual cash flows. Theoretical and empirical reasons for using ‘actual’ and dismissing ‘potential’, Or: How not to pull potential rabbits out of actual hats

Vélez-Pareja, Ignacio; Magni, Carlo Alberto - Volkswirtschaftliche Fakultät, … - 2008

Persistent link: https://www.econbiz.de/10005621939