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DCF Fair Value Valuation, Excessive Assetes and Hidden Inefficiencies

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  • Paweł Mielcarz
  • Paweł Wnuczak

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  • Paweł Mielcarz & Paweł Wnuczak, 2011. "DCF Fair Value Valuation, Excessive Assetes and Hidden Inefficiencies," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 5(4), December.
  • Handle: RePEc:wyz:journl:id:226
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    References listed on IDEAS

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    1. Paweł Mielcarz & Paweł Paszczyk, 2010. "Increasing Shareholders Value through NPV-Negative Projects," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 4(3), October.
    2. Philosophov, Leonid V. & Philosophov, Vladimir L., 2005. "Optimization of a firm's capital structure: A quantitative approach based on a probabilistic prognosis of risk and time of bankruptcy," International Review of Financial Analysis, Elsevier, vol. 14(2), pages 191-209.
    3. Graham, John R. & Harvey, Campbell R., 2001. "The theory and practice of corporate finance: evidence from the field," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 187-243, May.
    4. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
    5. Plenborg, Thomas, 2002. "Firm valuation: comparing the residual income and discounted cash flow approaches," Scandinavian Journal of Management, Elsevier, vol. 18(3), pages 303-318, September.
    6. Benston, George J., 2006. "Fair-value accounting: A cautionary tale from Enron," Journal of Accounting and Public Policy, Elsevier, vol. 25(4), pages 465-484.
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    Cited by:

    1. Ocieszak Marcin, 2020. "Determinants of Companies’ Financial Performance Following M&A Transactions in Poland," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 28(4), pages 51-66, December.
    2. Wnuczak Paweł, 2018. "Social value added (SVA) as an adaptation of economic value added (EVA) to the specificity of cultural institutions," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 26(1), pages 100-120, March.
    3. Behr Adam & Mielcarz Paweł & Osiichuk Dmytro, 2018. "Terminal Value Calculation in DCF Valuation Models: An Empirical Verification," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 14(1), pages 27-38, March.
    4. Osiichuk, Dmytro & Wnuczak, Paweł, 2020. "Aplikacja koncepcji zarządzania wartością VBM w publicznych instytucjach kultury," Studia z Polityki Publicznej / Public Policy Studies, Warsaw School of Economics, vol. 7(3), pages 1-18, October.

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