Sökning: "Rickard Ohlson"

Hittade 1 uppsats innehållade orden Rickard Ohlson.

  1. 1. The relationship between stock price, book value and residual income:   A panel error correction approach

    Kandidat-uppsats, Uppsala universitet/Statistiska institutionen

    Författare :Oskar Brandt; Rickard Persson; [2015]
    Nyckelord :Accounting based valuation; stock valuation; residual income; Ohlson’s model; PECM; Cointegration; Panel unit root; Stock price; book value; dividends; dividend discount model; aktier; utdelningar; residual inkomst; aktie värderingar; Ohlson s model;

    Sammanfattning : In this paper we examine the short and long-term relations between stock price, book value and residual income.  We employ a panel error correction model, estimated with Engle & Granger’s (1987) two-step procedure and the single equation methodology. The models are estimated with FE-OLS and the MG-estimator. LÄS MER