Principles of Equity Valuation
Published on 12. July 2012
Book
Hardback
326 pages
978-0-415-69602-9 (ISBN)
Description
The book provides a rigorous introduction to corporate finance and the valuation of equity. The first half of the book covers much of the received theory in these areas such as the relationship between the risk of an equity security and the return one can expect from it, the effects of leverage (that is, the borrowing policies of the firm) on the return one can expect from the firm's shares and the role that dividends, operating cash flows and accounting earnings play in the valuation of equity. The second half of the book is more advanced and deals with the important role that "real options" (that is, as yet unexploited investment opportunities) play in the valuation of equity.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Illustrations
31 s/w Abbildungen, 31 s/w Zeichnungen, 15 s/w Tabellen
15 Tables, black and white; 31 Line drawings, black and white; 31 Illustrations, black and white
Dimensions
Height: 246 mm
Width: 174 mm
Weight
770 gr
ISBN-13
978-0-415-69602-9 (9780415696029)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Ian Davidson | Mark Tippett
Principles of Equity Valuation
E-Book
08/2012
1st Edition
Routledge
€125.99
Available for download
Ian Davidson | Mark Tippett
Principles of Equity Valuation
E-Book
08/2012
1st Edition
Routledge
€125.99
Available for download
Ian Davidson | Mark Tippett
Principles of Equity Valuation
Book
07/2012
Routledge
€133.80
Shipment within 15-20 days
Persons
Ian Davidson is Head of Business, Management and Economics and Professor in the Science Policy Research Unit (SPRU) at the University of Sussex, UK
Mark Tippett was formerly Professor of Accounting and Finance in the Business School at Loughborough University.
Mark Tippett was formerly Professor of Accounting and Finance in the Business School at Loughborough University.
Content
Introduction 1. The Measurement of Returns on Bonds, Equities and Other Financial Instruments 2. The Relationship between Risk and Return 3. Alternative Approaches to the Relationship between Risk and Return 4. Returns and the Capital Structure of the Firm 5. The Relationship between Equity Value, Dividends and Other Cash Flow Streams 6.The Relationship between Book (Accounting) Rates of Return and the Cost of Capital for Firms and Capital Projects 7. Statistical Foundations: First Order Stochastic Differential Equations 8. Statistical Foundations: Systems of and Higher Order Stochastic Differential Equations 9. Equity Valuation: A Canonical Model 10. Equity Valuation: Non-Linearities and Scaling 11. Equity Valuation: Multi-Variable Investment Opportunity Sets 12. Equity Valuation: Higher Order Investment Opportunity Sets, Momentum and Acceleration.