Accounting Information and Equity Valuation

Theory, Evidence, and Applications

Authors:

ISBN: 978-1-4614-8159-1 (Print) 978-1-4614-8160-7 (Online)

Table of contents (13 chapters)

  1. Front Matter

    Pages i-xxiv

  2. No Access

    Book Chapter

    Pages 1-17

    Accounting Measures of Value Generation: The Residual Income Model

  3. No Access

    Book Chapter

    Pages 19-37

    Mapping Accounting Data to Value via Linear Information Dynamics: The Early Approach

  4. No Access

    Book Chapter

    Pages 39-55

    Capital Following Profitability: Why the Residual Income Dynamic Is Nonlinear

  5. No Access

    Book Chapter

    Pages 57-72

    A Basic Model of Equity Value: Incorporating Growth and Abandonment Options

  6. No Access

    Book Chapter

    Pages 73-95

    Testing the Properties of the ROM

  7. No Access

    Book Chapter

    Pages 97-113

    Casting Theoretical Light on the Empirical Valuation Literature

  8. No Access

    Book Chapter

    Pages 115-133

    Valuing Multiple-Segment Firms: How Segment-Level Data Are Incrementally Relevant

  9. No Access

    Book Chapter

    Pages 135-158

    A Valuation-Based Theory of Corporate Divestiture: Why Financial Reporting May Fail to Resolve Information Asymmetries

  10. No Access

    Book Chapter

    Pages 159-170

    Accounting Information and Equity Returns: A Derivative of the Value Function

  11. No Access

    Book Chapter

    Pages 171-190

    An Evaluation of the Return-Earnings Research

  12. No Access

    Book Chapter

    Pages 191-205

    Fair Value Accounting and Income Measurement: An Application to Standard Setting

  13. No Access

    Book Chapter

    Pages 207-221

    Interpreting Financial Information in an Industry Context

  14. No Access

    Book Chapter

    Pages 223-233

    Limitations and Future Directions