‘Is Residual Income Model (RIM) REALLY Superior to Dividend Discount Model (DDM)?’ – A Misconception
نویسندگان
چکیده
منابع مشابه
An Application of Discounted Residual Income for Capital Assets Pricing by Method Curve Fitting with Sinusoidal Functions
The basic model for valuation of firm is the Dividend Discount Model (DDM). When investors buy stocks, they expect to receive two types of cash flow: dividend in the period during which the stock is owned, and the expected sales price at the end of the period. In the extreme example, the investor keeps the stock until the company is liquidated; in such a case, the liquidating dividend becomes t...
متن کاملIs Residual Income Really Uninformative About Stock Returns ?
Prior research found that Residual Income (RI) is, at best, minimally informative about stock returns relative to Earnings, despite strong support for RI in theory and among practitioners. We examine three possible explanations for this puzzle. First, the empirical literature ignores some salient feature of practice or theory. Second, the market does not fully impound all of the information fro...
متن کاملan application of discounted residual income for capital assets pricing by method curve fitting with sinusoidal functions
the basic model for valuation of firm is the dividend discount model (ddm). when investors buy stocks, they expect to receive two types of cash flow: dividend in the period during which the stock is owned, and the expected sales price at the end of the period. in the extreme example, the investor keeps the stock until the company is liquidated; in such a case, the liquidating dividend becomes t...
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ژورنال
عنوان ژورنال: IOSR Journal of Business and Management
سال: 2012
ISSN: 2319-7668,2278-487X
DOI: 10.9790/487x-0563644