LEADER 03869nam 22006135 450 001 9910299636603321 005 20200630111610.0 010 $a3-319-93551-8 024 7 $a10.1007/978-3-319-93551-5 035 $a(CKB)4100000007110551 035 $a(DE-He213)978-3-319-93551-5 035 $a(MiAaPQ)EBC5628043 035 $a(EXLCZ)994100000007110551 100 $a20181031d2018 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aAnalytical Corporate Valuation $eFundamental Analysis, Asset Pricing, and Company Valuation /$fby Pasquale De Luca 205 $a1st ed. 2018. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2018. 215 $a1 online resource (XV, 465 p. 58 illus.) 311 $a3-319-93550-X 327 $aPart I Fundamental analysis of the company -- 1 ?Strategic Formula? of the firm -- 2 Economic and financial dynamics of the firm -- Part II Asset pricing -- 3 Risk and return in the capital market -- 4 Mean-variance approach -- 5 Equilibrium models in capital market -- Part III Corporate value -- 6 Capital structure choices of the company and the cost of capital -- 7 Equity valuation -- 8 Enterprise valuation -- 9 Option valuation. 330 $aThis book integrates the models employed in the fundamental analysis of a company with the models used by investors in the capital markets to diversify risks and maximize expected returns. The underlying thesis is that the company creates value only if the return on capital invested exceeds the cost of capital, while the objective is to demonstrate how integration of the fields of corporate finance and asset pricing enables comprehensive and accurate company valuation. Companies can thrive only if they are able to create value for shareholders over time. A company?s value creation and the correct approach to its measurement require two main skills: first, the ability to analyze and evaluate the company?s fundamentals with respect to its business model and its performance over time; and second, knowledge of investors? models with regard to risk diversification and return maximization from which the cost of capital for the firm is derived. Based on this perspective, the book combines rigorous quantitative analysis with effective use of graphics to aid intuitive understanding. 606 $aCorporations?Finance 606 $aAccounting 606 $aBookkeeping  606 $aBusiness enterprises?Finance 606 $aMacroeconomics 606 $aCapital market 606 $aCorporate Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/612000 606 $aAccounting/Auditing$3https://scigraph.springernature.com/ontologies/product-market-codes/511000 606 $aBusiness Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/512000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aCapital Markets$3https://scigraph.springernature.com/ontologies/product-market-codes/616000 615 0$aCorporations?Finance. 615 0$aAccounting. 615 0$aBookkeeping . 615 0$aBusiness enterprises?Finance. 615 0$aMacroeconomics. 615 0$aCapital market. 615 14$aCorporate Finance. 615 24$aAccounting/Auditing. 615 24$aBusiness Finance. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aCapital Markets. 676 $a658.15 700 $aDe Luca$b Pasquale$4aut$4http://id.loc.gov/vocabulary/relators/aut$0600984 906 $aBOOK 912 $a9910299636603321 996 $aAnalytical Corporate Valuation$92512990 997 $aUNINA