VALORACIÓN DE EMPRESAS - P2203-TEÓRICO-PRACTICO-PV047-04-N02

Introducción:

Millions of shares of business firms are traded every day on the world's stock markets. The investors who buy and sell these shares ask themselves: Am I trading at the right price? What are the shares really worth? They attempt to answer these questions while a discordant background chorus-the printed press, "talking heads" on television financial networks, and Internet chatrooms...

Referencias:

• Penman, S. H. (2001). Financial statement analysis and security valuation. Boston, Mass: McGraw-Hill/Irwi.

Introducción:

This commentary discusses empirical measures used in academic research to assess eamings quality and relates these measures both to decision usefulness, from the Financial Accounting Standards Board's (FASB) Conceptual Framework, and to the economics-based definition of eamings developed by Hicks...

Referencias:

• Schipper, Vincent (2003) Earnings Quality. Accounting Horizons. Supplement. Pp.97-110.