Analytical corporate valuation : fundamental analysis, asset pricing, and company valuation /

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Bibliographic Details
Author / Creator:Luca, Pasquale de, 1865- author.
Imprint:Cham, Switzerland : Springer Nature, 2018.
Description:1 online resource
Language:English
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/11718739
Hidden Bibliographic Details
ISBN:9783319935515
3319935518
9783319935508
331993550X
Notes:Includes bibliographical references.
Online resource; title from PDF title page (EBSCO, viewed November 6, 2018).
Summary:This book integrates the models employed in the fundamental analysis of a company with the models used by investors in the capital markets to diversify risks and maximize expected returns. The underlying thesis is that the company creates value only if the return on capital invested exceeds the cost of capital, while the objective is to demonstrate how integration of the fields of corporate finance and asset pricing enables comprehensive and accurate company valuation. Companies can thrive only if they are able to create value for shareholders over time. A company's value creation and the correct approach to its measurement require two main skills: first, the ability to analyze and evaluate the company's fundamentals with respect to its business model and its performance over time; and second, knowledge of investors' models with regard to risk diversification and return maximization from which the cost of capital for the firm is derived. Based on this perspective, the book combines rigorous quantitative analysis with effective use of graphics to aid intuitive understanding.
Other form:Print version: Luca, Pasquale de, 1865- Analytical corporate valuation. Cham, Switzerland : Springer Nature, 2018 331993550X 9783319935508

MARC

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100 1 |a Luca, Pasquale de,  |d 1865-  |e author.  |0 http://id.loc.gov/authorities/names/n87141952 
245 1 0 |a Analytical corporate valuation :  |b fundamental analysis, asset pricing, and company valuation /  |c Pasquale De Luca. 
264 1 |a Cham, Switzerland :  |b Springer Nature,  |c 2018. 
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504 |a Includes bibliographical references. 
520 |a This book integrates the models employed in the fundamental analysis of a company with the models used by investors in the capital markets to diversify risks and maximize expected returns. The underlying thesis is that the company creates value only if the return on capital invested exceeds the cost of capital, while the objective is to demonstrate how integration of the fields of corporate finance and asset pricing enables comprehensive and accurate company valuation. Companies can thrive only if they are able to create value for shareholders over time. A company's value creation and the correct approach to its measurement require two main skills: first, the ability to analyze and evaluate the company's fundamentals with respect to its business model and its performance over time; and second, knowledge of investors' models with regard to risk diversification and return maximization from which the cost of capital for the firm is derived. Based on this perspective, the book combines rigorous quantitative analysis with effective use of graphics to aid intuitive understanding. 
588 0 |a Online resource; title from PDF title page (EBSCO, viewed November 6, 2018). 
505 0 |a Part I Fundamental analysis of the company -- 1 "Strategic Formula" of the firm -- 2 Economic and financial dynamics of the firm -- Part II Asset pricing -- 3 Risk and return in the capital market -- 4 Mean-variance approach -- 5 Equilibrium models in capital market -- Part III Corporate value -- 6 Capital structure choices of the company and the cost of capital -- 7 Equity valuation -- 8 Enterprise valuation -- 9 Option valuation. 
650 0 |a Business enterprises  |x Valuation.  |0 http://id.loc.gov/authorities/subjects/sh85018291 
650 7 |a BUSINESS & ECONOMICS  |x Finance.  |2 bisacsh 
650 7 |a Finance & accounting.  |2 bicssc 
650 7 |a Corporate finance.  |2 bicssc 
650 7 |a Macroeconomics.  |2 bicssc 
650 7 |a Finance.  |2 bicssc 
650 7 |a Business enterprises  |x Valuation.  |2 fast  |0 (OCoLC)fst00842648 
655 4 |a Electronic books. 
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