1.

Record Nr.

UNINA9910143557403321

Autore

Kruschwitz Lutz

Titolo

Discounted cash flow [[electronic resource] ] : a theory of the valuation of firms / / Lutz Kruschwitz and Andreas Löffler

Pubbl/distr/stampa

Chichester, England ; ; Hoboken, NJ, : John Wiley, c2006

ISBN

1-118-67346-8

1-280-33989-6

9786610339891

0-470-87045-1

Descrizione fisica

1 online resource (179 p.)

Collana

Wiley finance

Classificazione

85.25

Altri autori (Persone)

LöfflerAndreas

Disciplina

657.3

658.15

Soggetti

Business enterprises - Valuation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Basic elements -- Corporate income tax -- Personal income tax -- Corporate and personal income tax.

Sommario/riassunto

Firm valuation is currently a very exciting topic. It is interesting for those economists engaged in either practice or theory, particularly for those in finance. The literature on firm valuation recommends logical, quantitative methods, which deal with establishing today's value of future free cash flows. In this respect firm valuation is identical with the calculation of the discounted cash flow, DCF. There are, however, different coexistent versions, which seem to compete against each other. Entity approach and equity approach are thus differentiated. Acronyms are often used, such as APV (a