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.

Inflation Accounting, Models, Comparative analysis, Valuation

---

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.

Financial management, Management dynamics, Management, Finance, Acquisitions and mergers, Company business management, Liquidity (Finance), Cash flow, Company financing, Reserves (Accounting)

---

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.

Labor Distribution by Employer, Statistics, Economic research, Investment management

Similar abstracts:

• Abstracts: The effect of volatility changes on the level of stock prices and subsequent expected returns. On jumps in common stock prices and their impact on call option pricing
• Abstracts: Reactions to regulation of accounting for goodwill. Accounting information in the market for debt. Accounting information and joint arrangements
• Abstracts: The sensitivity of bank stock returns to market, interest and exchange rate risks. Productive efficiency performance of minority and nonminority-owned banks: a nonparametric approach
• Abstracts: Credit where credit's due. The legal elite weather tough times. Mergers make slow comeback
• Abstracts: Voluntary disclosure of management earnings forecasts in IPO prospectuses. Discussion of Voluntary disclosure of management earnings forecasts in IPO prospectuses

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.