Matches in SemOpenAlex for { <https://semopenalex.org/work/W169165092> ?p ?o ?g. }
Showing items 1 to 99 of
99
with 100 items per page.
- W169165092 abstract "This thesis examines which valuation methods equity research analysts use in order to value midcap firms in different industries around the world. The relevance of this research is to understand the decision process of how equity research analysts determine which valuation method is the most appropriate. This paper focuses on the influences of industry, investor sentiment and the financial crisis. Binary logit models have been used in order to determine whether these factors play a role in the employment of a certain valuation metric. By conducting a descriptive analysis on the 412 equity research reports it became clear that the DCF method (181) is the most frequently applied method, shortly followed by the price-to-earnings (P/E) multiple method (168). The logit models show that the industry in which a company is active, measured by the percentage of (in)tangible assets, has a significant effect on the equity researcher's valuation behaviour. In addition, it has become clear that investor sentiment does have an effect on the chosen valuation method. However, the results are ambiguous and further research is recommended. Finally, the current global financial crisis has had a negative effect on the use of multiples as a valuation metric. Nonetheless, it is not clear that there has been a shift from multiples towards the DCF method." @default.
- W169165092 created "2016-06-24" @default.
- W169165092 creator A5051474467 @default.
- W169165092 date "2013-03-01" @default.
- W169165092 modified "2023-09-27" @default.
- W169165092 title "Industry, Behavioural and Economic Influences on the Implementation of Valuation Methods" @default.
- W169165092 cites W1503295912 @default.
- W169165092 cites W1577713541 @default.
- W169165092 cites W1862704692 @default.
- W169165092 cites W1876184716 @default.
- W169165092 cites W1926291594 @default.
- W169165092 cites W1989720764 @default.
- W169165092 cites W1993161130 @default.
- W169165092 cites W2015825950 @default.
- W169165092 cites W2021739286 @default.
- W169165092 cites W2061558758 @default.
- W169165092 cites W2070271651 @default.
- W169165092 cites W2077791698 @default.
- W169165092 cites W2086321729 @default.
- W169165092 cites W2095426804 @default.
- W169165092 cites W2096815396 @default.
- W169165092 cites W2108014725 @default.
- W169165092 cites W2111710690 @default.
- W169165092 cites W2123221631 @default.
- W169165092 cites W2124125155 @default.
- W169165092 cites W2126258480 @default.
- W169165092 cites W2144167072 @default.
- W169165092 cites W2160430087 @default.
- W169165092 cites W2265295583 @default.
- W169165092 cites W2315740057 @default.
- W169165092 cites W3009645016 @default.
- W169165092 cites W3121306109 @default.
- W169165092 cites W3124224076 @default.
- W169165092 cites W3124263291 @default.
- W169165092 cites W3124340050 @default.
- W169165092 cites W3124625647 @default.
- W169165092 cites W3125018794 @default.
- W169165092 cites W40566272 @default.
- W169165092 hasPublicationYear "2013" @default.
- W169165092 type Work @default.
- W169165092 sameAs 169165092 @default.
- W169165092 citedByCount "0" @default.
- W169165092 crossrefType "journal-article" @default.
- W169165092 hasAuthorship W169165092A5051474467 @default.
- W169165092 hasConcept C106159729 @default.
- W169165092 hasConcept C121955636 @default.
- W169165092 hasConcept C139719470 @default.
- W169165092 hasConcept C140331021 @default.
- W169165092 hasConcept C144133560 @default.
- W169165092 hasConcept C149782125 @default.
- W169165092 hasConcept C162118730 @default.
- W169165092 hasConcept C162324750 @default.
- W169165092 hasConcept C17744445 @default.
- W169165092 hasConcept C186027771 @default.
- W169165092 hasConcept C199539241 @default.
- W169165092 hasConcept C199728807 @default.
- W169165092 hasConcept C2778300220 @default.
- W169165092 hasConcept C2781426361 @default.
- W169165092 hasConceptScore W169165092C106159729 @default.
- W169165092 hasConceptScore W169165092C121955636 @default.
- W169165092 hasConceptScore W169165092C139719470 @default.
- W169165092 hasConceptScore W169165092C140331021 @default.
- W169165092 hasConceptScore W169165092C144133560 @default.
- W169165092 hasConceptScore W169165092C149782125 @default.
- W169165092 hasConceptScore W169165092C162118730 @default.
- W169165092 hasConceptScore W169165092C162324750 @default.
- W169165092 hasConceptScore W169165092C17744445 @default.
- W169165092 hasConceptScore W169165092C186027771 @default.
- W169165092 hasConceptScore W169165092C199539241 @default.
- W169165092 hasConceptScore W169165092C199728807 @default.
- W169165092 hasConceptScore W169165092C2778300220 @default.
- W169165092 hasConceptScore W169165092C2781426361 @default.
- W169165092 hasLocation W1691650921 @default.
- W169165092 hasOpenAccess W169165092 @default.
- W169165092 hasPrimaryLocation W1691650921 @default.
- W169165092 hasRelatedWork W1516014514 @default.
- W169165092 hasRelatedWork W176676066 @default.
- W169165092 hasRelatedWork W1987267308 @default.
- W169165092 hasRelatedWork W1995490325 @default.
- W169165092 hasRelatedWork W2049335926 @default.
- W169165092 hasRelatedWork W2051597601 @default.
- W169165092 hasRelatedWork W2150002758 @default.
- W169165092 hasRelatedWork W2379479213 @default.
- W169165092 hasRelatedWork W2565615604 @default.
- W169165092 hasRelatedWork W2772632070 @default.
- W169165092 hasRelatedWork W2797451941 @default.
- W169165092 hasRelatedWork W28988384 @default.
- W169165092 hasRelatedWork W2914105591 @default.
- W169165092 hasRelatedWork W2922110534 @default.
- W169165092 hasRelatedWork W3123843170 @default.
- W169165092 hasRelatedWork W3124831389 @default.
- W169165092 hasRelatedWork W3124846436 @default.
- W169165092 hasRelatedWork W3171148214 @default.
- W169165092 hasRelatedWork W577952015 @default.
- W169165092 hasRelatedWork W586818019 @default.
- W169165092 isParatext "false" @default.
- W169165092 isRetracted "false" @default.
- W169165092 magId "169165092" @default.
- W169165092 workType "article" @default.