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Advanced Topics in Accounting: Equity Valuation using Accounting Numbers in cyclical and acyclical Industries

Konrad Leithäuser




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 | #4118952 in eBooks |  2011-02-07 |  2011-02-07 | File type: PDF

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Master's Thesis from the year 2010 in the subject Business economics - Accounting and Taxes, grade: 80,0, Lancaster University (Lancaster University Management School), course: MSc of Accounting & Financial Management, language: English, abstract: The aim of this master thesis is to understand if a firm’s dependency on the over-all business cycle impacts the performance of accounting-based valuation mod-els. I evaluated stock- and flow-based valuation models and th...

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