This article examines the relationship between modern health pandemic crises and financial
stability. Specifically, it collects data on 250,223 firms in 43 countries (or regions) during five …

Purpose Surprisingly little is known of the various methods of security analysis used by
financial analysts with industry-specific knowledge. Financial analysts' industry knowledge is …

Purpose The objective of this paper is to investigate the validity of stock valuation theories
and their forecasting ability by conducting an empirical study. It employs four most commonly …

ABSTRACT Both the Residual Income Model (RIM) and Growth Value Model (GVM)
combine the income-based approach and asset-based approach, and blend with the market …

In many decision contexts, there is a need for benchmark equity valuations, based on
simplified modeling and publicly available information. Prior research on US data however …

Business valuation1 is essential at every stage of the firm life cycle, from establishing
investment value for early and later stage growth venture capital funding to pricing of private …

In this study, we examine whether overconfident CEOs strive to smooth dividends. Our
findings show overconfident CEOs increase dividends more as earnings increase and …

Abstract The Growth Value Model (GVM) proposed theoretical closed form formulas
consisting of Return on Equity (ROE) and the Price-to-Book value ratio (P/B) for fair stock …

In this paper, we test whether the short-run econometric conditions for the basic assumptions
of the Ohlson valuation model hold, and then we relate these results with the fulfillment of …

The valuation of intrinsic value is the cornerstone of value investing. When shareholders
purchase a company's stock, they are essentially buying claims to its future earnings and …