Purpose–The purpose of this study is to examine whether corporate tax avoidance behavior
increases firm value in Chinese context. A large number of studies conduct their designs on …

Valuation lies at the heart of much of what we do in finance, whether it is the study of market
efficiency and questions about corporate governance or the comparison of different …

Purpose–The aim of this paper is to answer the question: Do discounted cash flows
valuation methods provide always the same value? Design/methodology/approach–This …

This paper deals with the notion of residual income, which may be defined as the surplus
profit that residues after a capital charge (opportunity cost) has been covered. While the …

This literature review evaluates the development and impact of analytical tax research (ATR)
from 2000 until 2022. Based on 345 research papers, we (1) identify emerging and declining …

The WACC is just the rate at which the Free Cash Flows must be discounted to obtain the
same result as in the valuation using Equity Cash Flows discounted at the required return to …

The goal of this research is to examine the effect of tax avoidance on firm value and how if
company transparency roled as moderating variable. On this research, it uses firm value as …

We claim that in a world without leverage cost the relationship between the levered beta
(BL) and the unlevered beta (Bu) of a company depends upon the financing strategy. For a …

“The subject of valuation and project selection has a long history originating in multiple
disciplines including financial economics, accounting, and engineering. Historically these …

WACC: DEFINICION, INTERPRETACIONES EQUIVOCADAS Y ERRORES Page 1 IESE
Business School-Universidad de Navarra - 1 WACC: DEFINICION, INTERPRETACIONES …