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Author:Plenborg, T.
Title:Firm valuation: comparing the residual income and discounted cash flow approaches
Journal:Scandinavian Journal of Management
2002 : SEP, VOL. 18:3, p. 303-318
Index terms:CASH FLOW
COMPANY VALUE
RESIDUAL INCOME
Language:eng
Abstract:This study compares the discounted cash flow approach and an accrual based valuation approach: the residual income model. Given the theoretical equivalence between the residual income and discounted cash flow approaches, this study examines whether it is possible to infer a valuation approach that is superior to the other from a user perspective.
SCIMA record nr: 233889
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