Second Thoughts On The Analytical Properties Of Earned Economic Income
DOWNLOAD
Download Second Thoughts On The Analytical Properties Of Earned Economic Income PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Second Thoughts On The Analytical Properties Of Earned Economic Income book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Second Thoughts On The Analytical Properties Of Earned Economic Income
DOWNLOAD
Author : Kenneth V. Peasnell
language : en
Publisher:
Release Date : 1995
Second Thoughts On The Analytical Properties Of Earned Economic Income written by Kenneth V. Peasnell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with Accounting categories.
Second Thoughts On The Analytical Properties Of Earned Economic Income
DOWNLOAD
Author : Ken V. Peasnell
language : en
Publisher:
Release Date : 2000
Second Thoughts On The Analytical Properties Of Earned Economic Income written by Ken V. Peasnell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.
The present paper amends the two propositions in Peasnell (1995) concerning the fitness of J.R. Grinyer's 'earned economic income' (EEI) model for its declared purpose of evaluating managerial performance in the light of comments in Grinyer (1995). Proposition I now includes the requirement that the profitability index is the same for each depreciable asset in the multi-asset firm in order for EEI to yield the same answers as the net present value (NPV) of the firm itself. Proposition II is now adjusted to reflect the possibility that errors in forecasted benefits can be large in magnitude. The new version distinguishes between random forecast errors and 'earnings management.' The original results concerning the conditions when EEI will be more or less reliable than re-computed NPV holds as far as random forecast errors are concerned. In the case of management manipulations the results depend on whether the investment is believed by management to be worthwhile and on whether the forecast biases are sufficient to turn a poor performance in to a good one. The paper concludes with a brief reply to certain key points raised by Grinyer concerning my earlier analysis.
Investment Decisions And The Logic Of Valuation
DOWNLOAD
Author : Carlo Alberto Magni
language : en
Publisher: Springer Nature
Release Date : 2020-02-11
Investment Decisions And The Logic Of Valuation written by Carlo Alberto Magni and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-02-11 with Business & Economics categories.
This book presents a new approach to the valuation of capital asset investments and investment decision-making. Starting from simple premises and working logically through three basic elements (capital, income, and cash flow), it guides readers on an interdisciplinary journey through the subtleties of accounting and finance, explaining how to correctly measure a project’s economic profitability and efficiency, how to assess the impact of investment policy and financing policy on shareholder value creation, and how to design reliable, transparent, and logically consistent financial models. The book adopts an innovative pedagogical approach, based on a newly developed accounting-and-finance-engineering system, to help readers gain a deeper understanding of the accounting and financial magnitudes, learn about new analytical tools, and develop the necessary skills to practically implement them. This diverse approach to capital budgeting allows a sophisticated economic analysis in both absolute terms (values) and relative terms (rates of return), and is applicable to a wide range of economic entities, including real assets and financial assets, engineering designs and manufacturing schemes, corporate-financed and project-financed transactions, privately-owned projects and public investments, individual projects and firms. As such, this book is a valuable resource for a broad audience, including scholars and researchers, industry practitioners, executives, and managers, as well as students of corporate finance, managerial finance, engineering economics, financial management, management accounting, operations research, and financial mathematics. It features more than 180 guided examples, 50 charts and figures and over 160 explanatory tables that help readers grasp the new concepts and tools. Each chapter starts with an abstract and a list of the skills readers can expect to gain, and concludes with a list of key points summarizing the content.
Toward Greater Logic And Utility In Accounting
DOWNLOAD
Author : Philip W. Bell
language : en
Publisher: Routledge
Release Date : 2018-12-07
Toward Greater Logic And Utility In Accounting written by Philip W. Bell and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-07 with Business & Economics categories.
First Published in 1998. Routledge is an imprint of Taylor & Francis, an informa company.
Value Based Management
DOWNLOAD
Author : Glen Arnold
language : en
Publisher: John Wiley & Sons
Release Date : 2000-06-08
Value Based Management written by Glen Arnold and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-06-08 with Business & Economics categories.
Context and Application Value-Based Management Edited by Glen Arnold and Matt Davies Over the past ten years hundreds of leading companies worldwide have adopted the principles of value-based management (VBM), an approach to corporate strategy and business organisation in which the primary objective is always shareholder wealth maximisation. As VBM has become more widespread the idea of shareholder value has become integral to business. Consultancies have prospered by selling prescriptions for developing a value-oriented firm and managers thought to be excellent in generating shareholder value are held in high esteem and command huge salaries. This book draws on empirical evidence to demonstrate the success of VBM ideas as well as highlighting many of the hidden questions, doubts and difficulties. It examines the validity of some of the underlying assumptions of VBM and tackles many of the key technical issues. This book provides a timely assessment of the theory and practice of VBM as it grows to maturity.
Second Thoughts
DOWNLOAD
Author : Janet M. Ruane
language : en
Publisher: SAGE Publications
Release Date : 2019-06-06
Second Thoughts written by Janet M. Ruane and has been published by SAGE Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-06 with Social Science categories.
Introducing students to core sociological concepts by debunking popular misconceptions Is it true that "numbers don′t lie?" Is America "the land of equal opportunity?" Is marriage a "dying institution?" Oft-repeated adages like these shape our beliefs about the society we live in. Each essay in Second Thoughts reviews a conventional wisdom familiar to both instructors and students. The authors introduce relevant sociological concepts and theories in order to explain, qualify, and sometimes debunk that conventional wisdom. This unique text encourages students to step back and sharpen their analytic focus. 23 engaging essays reveal the complexity of social reality and demonstrate the role of sociology in everyday life.
Competition Among Accounting Standard Setters
DOWNLOAD
Author : Paul J. M. Klumpes
language : en
Publisher:
Release Date : 1998
Competition Among Accounting Standard Setters written by Paul J. M. Klumpes and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Accounting categories.
Unternehmensbewertung
DOWNLOAD
Author : Jochen Drukarczyk
language : de
Publisher: Vahlen
Release Date : 2011-11-10
Unternehmensbewertung written by Jochen Drukarczyk and has been published by Vahlen this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-11-10 with Business & Economics categories.
Unternehmen richtig bewerten Dieses Lehrbuch und Nachschlagewerk orientiert sich am Wissensbedarf von Studierenden der Wirtschaftswissenschaften und des Rechts, von Wirtschaftsprüfern, Steuer- und Unternehmensberatern, Investmentbankern und all jenen Praktikern, die sich mit der Bewertung von Unternehmen bzw. Unternehmensteilen befassen. Behutsam werden die Grundlagen der Bewertung von Unternehmen entwickelt. Daran schließt eine vertiefte Diskussion ausgewählter Teilaspekte der Unternehmensbewertung, die die Bewertungspraxis intensiv beschäftigen, an. Zahlreiche Aufgaben mit Lösungen am Ende des Buches sorgen für ein zusätzliches Verständnis des Textes. * Investitionsentscheidung bei Sicherheit und steuerliche Normen * Investitionsentscheidung bei Unsicherheit * Grundlagen der Unternehmensbewertung * DCF-Methode * Leasing und Unternehmenswert * Rückstellungen und Unternehmenswert * Bewertung bei Verlust, Kapitalbedarf und Sanierung * Wertorientierte Steuerung und Bewertung mit Multiplikatoren Die Autoren Prof. Dr. Dr. h.c. Jochen Drukarczyk war bis 2007 Inhaber des Lehrstuhls für Finanzierung an der Universität Regensburg. Er hat darüber hinaus zahlreiche Gastprofessuren in England, Frankreich, Österreich und Deutschland wahrgenommen. Seine bevorzugten Arbeitsgebiete sind Bewertung, Sanierung und Analyse institutioneller Regelungen auf Kreditmärkten. Prof. Dr. Andreas Schüler ist Inhaber des Lehrstuhls für Finanzwirtschaft und Finanzdienstleistungen an der Universität der Bundeswehr München. Seine Arbeitsgebiete sind Unternehmensbewertung, wertorientierte Steuerung, betriebliche Altersversorgung, Sanierung und Leasing.
Investitions Controlling In Dezentralen Unternehmen
DOWNLOAD
Author : Caterina Dahlhaus
language : de
Publisher: Springer-Verlag
Release Date : 2009-05-14
Investitions Controlling In Dezentralen Unternehmen written by Caterina Dahlhaus and has been published by Springer-Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-05-14 with Business & Economics categories.
Caterina Dahlhaus untersucht, wie eine Investitions-Controllingkonzeption ausgestaltet werden muss, um die Problematik der Verhaltensteuerung dezentraler Entscheidungsträger zu berücksichtigen und Aufgaben und Instrumente auf die Lösung von Delegationsproblemen in dezentralen Investitionsprozessen auszurichten.
Causes And Consequences Of Income Inequality
DOWNLOAD
Author : Ms.Era Dabla-Norris
language : en
Publisher: International Monetary Fund
Release Date : 2015-06-15
Causes And Consequences Of Income Inequality written by Ms.Era Dabla-Norris and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-15 with Business & Economics categories.
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.