All companies deal with valuation from time to time. Capital budgeting, company and asset valuation, or value based management rely on valuation. Two approaches are the foundation of valuation, discounted cash flow valuation and relative valuation. The first one is a bottom-up approach where the present value of an asset’s future cash flows is calculated, the second determines the value of an a...

Automated Valuation Models (AVMs) based on Machine Learning (ML) algorithms are widely used for predicting house prices. While there is consensus in the literature that cross-validation (CV) should be model selection this context, interdisciplinary nature of subject has made it hard to reach over which metrics use at each stage CV exercise. We collect 48 (from AVM and elsewhere) classify them i...

To understand the pricing and performance of private equity (PE), we analyze the incomplete-markets portfolio choice problem facing a risk-averse limited partner (LP) investing in liquid stocks and bonds along with an illiquid PE investment. A general partner (GP) manages the PE asset and generates alpha on it and charges management and performance fees via carried interest in return. Our compl...

The aim of this study was to investigate the relationship between corporate governance characteristics and valuation of the firm's performance in Iran. After designing performance evaluation indexes, information of transactions made during the five-year study from 2011 to 2015 from the Stock Exchange were collected and the sample consists of 129 companies was selected by systematic elimination ...

Discusses the implications of the economic valuation of natural resources used for tourism and relates this valuation to the concept of total economic valuation. It demonstrates how applications of the concept of total economic valuation can be supportive of the conservation of natural resources used for tourism. Techniques for valuing tourism’s natural resources are then outlined and criticall...

This research aims to develop a valuation model for early startup companies based on an Android mobile application (Valuasi app). help startups evaluate their company performance. method uses the development method. The first stage is by determining criteria using multi-criteria decision making (MCDM) and weighting simple additive (SAW) instrument weight determination of have been validated fro...

Assessment and economic valuation of services provided by ecosystems to humans has become a crucial phase in environmental management and policy-making. As primary valuation studies are out of the reach of many institutions, secondary valuation or benefit transfer, where the results of previous studies are transferred to the geographical, environmental, social, and economic context of interest,...