IDEAS home Printed from https://ideas.repec.org/p/sps/wpaper/769.html
   My bibliography  Save this paper

Fundamental value of equity: Its application to management

Author

Listed:
  • Bukhvalov, Alexander V.
  • Volkov, Dmitry L.

Abstract

The paper analyzes connection between market capitalization and fundamental value of equity of a company estimated on the base of residual earnings model. The authors use a version of this model, which is well-known in the Western literature, adapted to Russia. It is concluded that book value of equity and residual earnings as components of residual earnings model can explain stock prices also in Russian market. Some applications to strategic management are given.

Suggested Citation

  • Bukhvalov, Alexander V. & Volkov, Dmitry L., 2005. "Fundamental value of equity: Its application to management," Working Papers 769, Graduate School of Management, St. Petersburg State University.
    • Handle: RePEc:sps:wpaper:769
    as

    Download full text from publisher

    File URL: https://dspace.spbu.ru/handle/11701/769
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sps:wpaper:769. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lena Manaeva (email available below). General contact details of provider: https://edirc.repec.org/data/sompuru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.