Ponencia
Contraste empírico de la propuesta de valoración desarrollada por Feltham y Ohlson (1995)
Autor/es | Caro Fernández, Sonia |
Coordinador/Director | Díez de Castro, Enrique Carlos
Brândao, Elísio |
Departamento | Universidad de Sevilla. Departamento de Contabilidad y Economía Financiera |
Fecha de publicación | 2005 |
Fecha de depósito | 2018-11-09 |
Publicado en |
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ISBN/ISSN | 84-96378-10-1 |
Resumen | This paper provides an empirical test of the Linear Information Dynamics underlying Feltham and
Ohlson’s [1995] approach to firm valuation based on accounting numbers. Results of a time-series
analysis of prices, earnings ... This paper provides an empirical test of the Linear Information Dynamics underlying Feltham and Ohlson’s [1995] approach to firm valuation based on accounting numbers. Results of a time-series analysis of prices, earnings and book values of a sample of Spanish listed companies reveal that there is a consistent basis to claim that Feltham and Ohlson’s valuation model is not valid in practice. |
Cita | Caro Fernández, S. (2005). Contraste empírico de la propuesta de valoración desarrollada por Feltham y Ohlson (1995). En Cities in competition. XV Spanish-Portuguese Meeting of Scientific Management (193-208), Sevilla: Universidad de Sevilla. |
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