1 CHAPTER 12 VALUATION: PRINCIPLES AND PRACTICE In this chapter, we look at how to value a firm and its equity, given what we now know about investment, financing and dividend…
An IPO (initial public offering) is referred to a flotation, which an issuer or a company proposes to the public in the form of ordinary stock or shares. They are generally…
1. Valuation Aswath Damodaran 2. First Principles Invest in projects thatyield a return greaterthan theminimum acceptable hurdle rate . The hurdle rate should behigher for…
1. Research Journal of Finance and Accounting www.iiste.orgISSN 2222-1697 (Paper) ISSN 2222-2847 (Online)Vol 2, No 12, 2011 Economic Value Added (EVA) and Shareholders WealthCreation:…
Abstract - The law and economics of self-dealing The anti-self-dealing index. Self Dealing = Tunneling = Investor expropriation Focuses: On private enforcement mechanisms,…
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VALUING WAL-MART - 2010[footnoteRef:1] [1: This case has been written on the basis of published sources only. Consequently, the interpretation and perspectives presented…
Aswath Damodaran 1 Valuation Aswath Damodaran Aswath Damodaran 2 First Principles n Invest in projects that yield a return greater than the minimum acceptable hurdle rate.…
Slide 1 The Objective of Corporate Finance and Corporate Governance 04/03/08 Ch.2 Slide 2 2 Why do we need an objective? An objective specifies what a decision maker is trying…