Themarket valuerepresents the value of a company according to the stock market. It is the price an asset would get in the marketplace. In the context of companies, market value is equal tomarket capitalization. It is a dollar amount computed based on thecurrent market priceof the company's...
1按照会计规定一家公司的负债有可能超过资产所有者权益为负这种情况在市场价值上有没有可能发生?为什么?Book Values versus Market Values Understand accounting rules, it is possible for a company’s liabilities to exceed its assets. When this occurs, the owner’s equity is negative. Can this happen wit...
Discuss the difference between book values and market values and explain which one is more important to the financial manager and why? Book Value and Market Value Market value of an asset is the price an asset would fetch if it is sol...
1. What is a firm's fundamental, or intrinsic value? 2. What might cause a firm's intrinsic value to be different than its actual market value? What is a firm's fundamental, or intrinsic, value? What might cause a firm's intrinsic v...
Value-at-risk and the market-to-book equity ratio: Evidence from the Israeli banking system The results of this study may well prove themselves to be essential for regulators of banks, since they can also monitor the stability of the banking syste... R Polanitzer,S Lifschutz 被引量: 0发表...
Value versus Growth: The International Evidence book-to-marketstocksgrowthstocksvaluepremiumportfoliosValue stocks have higher returns than growth stocks in markets around the world. For the period 1975 ... Eugene,F.,Fama,... - 《Journal of Finance》 被引量: 3000发表: 2002年 From Dividend Yield...
TheMarketValueofDebt,Marketversus BookValueofDebt,andReturnstoAssets RichardJ.Sweeney,ArthurD.Warga,andDrewWinters FinancialManagement vol.26,no.1(Spring1997):5–21 Theuseofbookvalueofdebtispervasiveinempirical finance,althoughfinancetheorycustomarilyiscouched ...
This thesis studies the value relevance of earnings and book value in an international context. The main hypotheses are based on three accounting themes relating to the stock market valuation of hook value and earnings: (1) the relative importance of balance sheet versus income statement information...
First, the book value of an asset reflects its original cost, which is not informative when assets are aging. Second, the value of assets might deviate significantly from the market value if theearnings powerof the assets has increased or declined since they were acquired. Inflation–or rising...
This paper compares the value relevance of book value and dividends versus book value and reported earnings. Our work is motivated by recent research including Ohlson (1995), Feltham and Ohlson (1995), Bernard (1995), Burgstahler and Dichev (1997), Collins, Maydew and Weiss (1997), Barth, ...