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Ebook Accounting information and equity valuation: Theory, evidence, and applications - Part 1
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Part 1 of ebook "Accounting information and equity valuation: Theory, evidence, and applications" provides readers with contents including: accounting measures of value generation, the residual income model; mapping accounting data to value via linear information dynamics, the early approach; capital following profitability, why the residual income dynamic is nonlinear; a basic model of equity value, incorporating growth and abandonment options; testing the properties of the ROM;...
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