Detail Potential Dividends Versus Actual Cash Flows in Firm Valuation (in The Icfai Journal of Applied Finance, Vol. 15, No. 7) Bibliografi Author: Magni, Carlo Alberto ; Velez-Pareja, Ignacio Topik: Cash Flows; Cash Flow to Equity; Liquid Assets; Potential Dividends; Firm Valuation; Equity Value; Modigliani and Miller Bahasa: (EN )    Edisi: 2009     Penerbit: ICFAI University     Tempat Terbit: Andra Pradesh    Tahun Terbit: 2009     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: 42309038.pdf (164.9KB; 12 download) MPRA_paper_14509.pdf (246.53KB; 7 download) [Informasi yang berkaitan dengan koleksi ini di internet] Abstract Practitioners and a few academics use potential dividends rather than actual payments to shareholders for valuing a firm’s equity. The paper underlines the differences between the two methods and presents some arguments supporting the thesis that firm valuation with potential dividends overstates the actual value of the firm’s equity. In particular, consistent with DeAngelo and DeAngelo (2006 and 2007), the paper underlines that cash flows create value for shareholders only if they are withdrawn from the firm, and that the use of potential dividends may lead to contradictions. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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