Value investing: a new SCORE model

Value Stream Costing using a New Theory: Technology Acceptance Model

Nowadays companies looking for increase of quality, flexibility and timeliness. One way to achieve these goals is lean thinking. To implementation lean production, companies are looking for waste reduction and Continuous improvement. This article Using the technology acceptance model (TAM) examined whether management accountants’ perceptions of the perceived ease of use (PEOU), or perceived use...

Beliefs Regarding Fundamental Value and Optimal Investing

We derive optimal portfolio weights for an investor who has specific beliefs regarding the distribution of a stock price at a future time. For example, a fundamental investor will want to take advantage of the information his analysis provides when constructing a portfolio. In this regard, we examine the optimal weights for models in which the investor believes that there is a range in which th...

Value Investing: Bridging Theory and Practice

Value investing refers to the buying or selling of stocks on the basis of a perceived gap between their current market price and their fundamental value – commonly defined as the present value of the expected future payoffs to shareholders. This style of investing is predicated upon two observations about publicly listed companies and their stock prices: (1) a share of stock is merely a fractio...

Investing in New Zealand: a Review

The New Zealand Superannuation Fund (NZSF) is in the process of deciding upon the allocation of its portfolio, across asset types and countries. In response to this, the New Zealand Stock Exchange (NZX, 2003) has argued that a minimum of 20% of the NZSF portfolio should be invested into New Zealand equities. This paper has examined the arguments presented by the NZX. These arguments, and my res...

Investing in Value: A Perspective on Digital Preservation