A UK Test of an Inflation-Adjusted Ohlson Model
Article Abstract:
United Kingdom property revaluations and earnings and asset values are analyzed using a modified Ohlson model, with earnings and asset values estimated in inflation-adjusted terms. Findings are discussed, including undervaluation problems, influence of high inflation, industry specification, and market-wide specification.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2005
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The Long Run Abnormal Performance of UK Acquirers and the Free Cash Flow Hypothesis
Article Abstract:
A study is presented on the effects of acquirers' high free cash flow on long-run business performance. It is concluded that buyers with excess cash flow are not prone to mismanage funds and that companies with high free cash flow perform better than companies with low free cash flow.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2005
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Contrarian investment and macroeconomic risk
Article Abstract:
Contrarian investment strategies have been proven to provide superior returns. This paper researches the performance of these methods in the United Kingdom, and a comprehensive investigation into the relationship between value investments and returns is undertaken.
Publication Name: Journal of Business Finance and Accounting
Subject: Business
ISSN: 0306-686X
Year: 2003
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