You searched for subject:(valuation).
Showing records 1 – 30 of
2343 total matches.
◁ [1] [2] [3] [4] [5] … [79] ▶
University of Johannesburg
1.
Van der Walt, Deon.
Valuation of intellectual property and intangible assets.
Degree: 2010, University of Johannesburg
URL: http://hdl.handle.net/10210/3038 
► M.Comm.
Intangible assets are increasingly becoming the critical determinant of value creation and future profitability of most businesses. There is a clear distinction between the…
(more)
▼ M.Comm.
Intangible assets are increasingly becoming the critical determinant of value creation and future profitability of most businesses. There is a clear distinction between the accounting treatment of physical assets and are reported on the firm’s balance sheets, but intangible assets are by large written off in the income statement, along with regular expenses such as wages, rents and interest. This distorted treatment of intangibles in an accounting sense, has dire consequences for managers, investors and policymakers relying on financial information, thus giving an extremely limited view of a company’s potential for value creation and are virtually worthless as a basis for assessing the value of intangible assets as a whole. This paper is limited to the valuation of intellectual property and intangible assets not reflected on the balance sheet and is primarily aimed at researching, exploring and identifying various intangible asset valuation techniques used to make investment decisions; the advantages and disadvantages of each valuation method so identified; identifying which one or more of the valuation methods identified is the most appropriate measure to valuate intangible assets; identifying the accuracy of the most appropriate valuation method selected as compared with the other methods. The problems posed by intangible assets appear to be based on two levels. The first is the difficulty to identify, collect and analyse data regarding intangible assets. The second overlapping level is the lack of external financial reporting on intangibles. The problem herein manifests itself in the lack of recognition of the current accounting principles, thus resulting in intangible assets not being systematically reported in financial statements leading to a lopsided view of the assets employed by a company to generate revenues.
Subjects/Keywords: Intellectual property valuation; Intangible property valuation; Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Van der Walt, D. (2010). Valuation of intellectual property and intangible assets. (Thesis). University of Johannesburg. Retrieved from http://hdl.handle.net/10210/3038
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Van der Walt, Deon. “Valuation of intellectual property and intangible assets.” 2010. Thesis, University of Johannesburg. Accessed January 22, 2021.
http://hdl.handle.net/10210/3038.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Van der Walt, Deon. “Valuation of intellectual property and intangible assets.” 2010. Web. 22 Jan 2021.
Vancouver:
Van der Walt D. Valuation of intellectual property and intangible assets. [Internet] [Thesis]. University of Johannesburg; 2010. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/10210/3038.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Van der Walt D. Valuation of intellectual property and intangible assets. [Thesis]. University of Johannesburg; 2010. Available from: http://hdl.handle.net/10210/3038
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
University of Waikato
2.
Bell, Brian Albert.
Valuing biodiversity: Decision support for biosecurity response
.
Degree: 2011, University of Waikato
URL: http://hdl.handle.net/10289/5104
► This thesis develops a Decision Support System (DSS) to improve biosecurity response decisions affecting indigenous biodiversity. The key elements of the DSS are a synthesis…
(more)
▼ This thesis develops a Decision Support System (DSS) to improve biosecurity response decisions affecting indigenous biodiversity. The key elements of the DSS are a synthesis of three components of non-market
valuation: choice modelling, a systematic database of values and benefit transfer, with risk simulation to account for uncertainty. The innovative framework is demonstrated in a manual developed for Biosecurity New Zealand analysts for use during the early days of an incursion when time is severely constrained and uncertainty abounds. Theoretical approaches to decision making for environmental resource allocation decisions are reviewed with particular reference to decision support tools including non-market
valuation, stated preference techniques, database development and benefit transfer. More complex and time consuming tools such as deliberative support and mediated modelling are also discussed. A framework is developed to quantify biodiversity values for use in Cost Benefit Analysis (CBA). The framework incorporates advanced choice modelling techniques demonstrated through four case studies, a systematic database of biodiversity values and transfer of these values using univariate benefit transfer with theoretical adjustment. The uncertainty in the values captured in the panel version of the Random Parameters Logit (RPL) model is integrated into CBA using risk simulation which utilises the means, standard deviations and correlation coefficients of risky variables to quantify the probability of achieving a positive Net Present Value of different response options. The DSS developed in this thesis has wider application in routine management of pests and diseases and in other resource allocation decisions by public agencies which impact on indigenous biodiversity.
Advisors/Committee Members: Scobie, Grant (advisor), Scrimgeour, Frank (advisor).
Subjects/Keywords: Biosecurity;
Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Bell, B. A. (2011). Valuing biodiversity: Decision support for biosecurity response
. (Doctoral Dissertation). University of Waikato. Retrieved from http://hdl.handle.net/10289/5104
Chicago Manual of Style (16th Edition):
Bell, Brian Albert. “Valuing biodiversity: Decision support for biosecurity response
.” 2011. Doctoral Dissertation, University of Waikato. Accessed January 22, 2021.
http://hdl.handle.net/10289/5104.
MLA Handbook (7th Edition):
Bell, Brian Albert. “Valuing biodiversity: Decision support for biosecurity response
.” 2011. Web. 22 Jan 2021.
Vancouver:
Bell BA. Valuing biodiversity: Decision support for biosecurity response
. [Internet] [Doctoral dissertation]. University of Waikato; 2011. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/10289/5104.
Council of Science Editors:
Bell BA. Valuing biodiversity: Decision support for biosecurity response
. [Doctoral Dissertation]. University of Waikato; 2011. Available from: http://hdl.handle.net/10289/5104
University of British Columbia
3.
Farish, William Gordon.
The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal.
Degree: MSin Business - MScB, Business Administration, 1969, University of British Columbia
URL: http://hdl.handle.net/2429/35138
► Two problems were considered in this study. The first was of selecting a capitalization rate under the traditional approach and the second was the use…
(more)
▼ Two problems were considered in this study. The first was of selecting a capitalization rate under the traditional
approach and the second was the use and accuracy of direct conversion ratios, particularly gross income multipliers.
The purpose of the study was to resolve any inconsistencies and irrationalities which may exist in appraisal theory and, to the extent that direct conversion ratios are proven useful, to establish certain guidelines to facilitate their use.
The various methods of selecting capitalization rates were discussed and, where justified, criticized. Then, theoretical aspects of gross income multipliers were considered.
After a brief discussion of the data and relevant statistical concepts, extensive empirical analysis, using regression and correlation models as well as the average multiplier, followed.
Assuming that the objective of a capitalization device is to predict a market value, the most probable selling price, it follows that capitalization rates should be market determined.
It was found that the traditional methods of rate selection did not meet the criterion of market determination. The impossibilities of selecting rates from the market were stressed.
The original advantages of gross income multipliers
were simplicity and data availability. Despite the traditional criticisms, the statistical analysis demonstrated another advantage, accuracy. Stratification by basic structural
type, location, number of suites and income per suite resulted in average percentage differences between actual and estimated values as low as three per cent. Other results were within acceptable error limitations.
The findings with regard to capitalization rates illustrate that inconsistencies and irrationalities exist in appraisal theory. The use of the traditional methods of selecting capitalization rates should be terminated as they do not result in market determined rates. The findings with regard to gross income multipliers illustrate that they are capable of predicting values very accurately in many cases. Their use is to be encouraged where it can be shown that they are accurate.
Subjects/Keywords: Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Farish, W. G. (1969). The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal. (Masters Thesis). University of British Columbia. Retrieved from http://hdl.handle.net/2429/35138
Chicago Manual of Style (16th Edition):
Farish, William Gordon. “The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal.” 1969. Masters Thesis, University of British Columbia. Accessed January 22, 2021.
http://hdl.handle.net/2429/35138.
MLA Handbook (7th Edition):
Farish, William Gordon. “The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal.” 1969. Web. 22 Jan 2021.
Vancouver:
Farish WG. The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal. [Internet] [Masters thesis]. University of British Columbia; 1969. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/2429/35138.
Council of Science Editors:
Farish WG. The use of direct conversion ratios and the selection of capitalization rates in residential income property appraisal. [Masters Thesis]. University of British Columbia; 1969. Available from: http://hdl.handle.net/2429/35138
Nelson Mandela Metropolitan University
4.
Barman, Graham Paul.
An evaluation of how dividend policies impact on the share value of selected companies.
Degree: MTech, Faculty of Business and Economic Sciences, 2008, Nelson Mandela Metropolitan University
URL: http://hdl.handle.net/10948/806
► Wealth maximisation for shareholders is a combination of dividend payouts and an increase in share price. Management, as custodians of shareholder interest, should therefore consciously…
(more)
▼ Wealth maximisation for shareholders is a combination of dividend payouts and an increase in share price. Management, as custodians of shareholder interest, should therefore consciously work towards influencing the share price favourably. The purpose of this study is to examine and analyse, through an empirical study, dividend policy and the effect, if any, it has on the value of shares by conducting a survey among financial managers to measure their views regarding dividends and share value and to either validate or disprove the academic explanation of the practice of paying dividends
Advisors/Committee Members: Pelle, P J W Prof.
Subjects/Keywords: Dividends; Corporations – Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Barman, G. P. (2008). An evaluation of how dividend policies impact on the share value of selected companies. (Masters Thesis). Nelson Mandela Metropolitan University. Retrieved from http://hdl.handle.net/10948/806
Chicago Manual of Style (16th Edition):
Barman, Graham Paul. “An evaluation of how dividend policies impact on the share value of selected companies.” 2008. Masters Thesis, Nelson Mandela Metropolitan University. Accessed January 22, 2021.
http://hdl.handle.net/10948/806.
MLA Handbook (7th Edition):
Barman, Graham Paul. “An evaluation of how dividend policies impact on the share value of selected companies.” 2008. Web. 22 Jan 2021.
Vancouver:
Barman GP. An evaluation of how dividend policies impact on the share value of selected companies. [Internet] [Masters thesis]. Nelson Mandela Metropolitan University; 2008. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/10948/806.
Council of Science Editors:
Barman GP. An evaluation of how dividend policies impact on the share value of selected companies. [Masters Thesis]. Nelson Mandela Metropolitan University; 2008. Available from: http://hdl.handle.net/10948/806
University of Johannesburg
5.
Brewer, Cordell.
Asset evaluation methods for intellectual property.
Degree: 2012, University of Johannesburg
URL: http://hdl.handle.net/10210/4553
► M.Ing.
With the introduction of "International Financial Reporting Standards" (IFRS) through out Europe in April 2001, there is a requirement to accurately report the value…
(more)
▼ M.Ing.
With the introduction of "International Financial Reporting Standards" (IFRS) through out Europe in April 2001, there is a requirement to accurately report the value of all company assets. This will include by implication all intangible assets and Intellectual Property, such as patents, trademarks, copyrights, and know-how. Items that have not been recorded before are much more visible under IFRS and will need to be carefully interpreted by investors and analysts. In order to meet the future needs of their business, companies will require stringent measures to determine and report the true value of their assets, including intangible assets like patents, trademarks, copyrights, and know-how. Currently there is a lack in methodology which can accurately and reliably determine the value of Intellectual Property for the European business community. Research is being performed by the Max Planck institute in Munich (home of the European Patent Office) to develop a comprehensive model to uniformly evaluate different types of intangible assets. There are several different quantitative models which are which are being used currently to value patents. The existing methods can not be used to objectively compare patents with one another. It is necessary to build a method that can be applied systematically to different patents in various contexts to achieve symetrical evaluations. This dissertation project will be focused on building a model to produce a score for European Patents indicative of their statistical survivability. The model will predict which patents will be maintained based on objective criteria that correlate with historical maintenance of previous patents. The model will examine different factors that have a statistically significant correlation to either higher or lower survivability or abandonment rates. Examples of the factors to be considered include: prior art citations, disclosure, claims, prosecutions, forward citing, ownership and others. This project will produce a model which indicates the statistically survivability of European Patents in terms of a qualitative score which gives an indication of how valuable a patent will be in terms of it's survivability in a legal landscape. This model will then be extended by research currently underway at the Max Planck Institute, to a more comprehensive model that takes additional variables into account, but this is 2 outside the scope of this project. The extension of this system is to encompass the technological, financial and business strategic and legal landscapes. This project contributes towards a system that will help determine the value of a company's Intellectual Property, allowing these intangible assets to be disclosed to shareholders as required by the new International Financial Reporting Standards in Europe.
Subjects/Keywords: Intellectual property valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Brewer, C. (2012). Asset evaluation methods for intellectual property. (Thesis). University of Johannesburg. Retrieved from http://hdl.handle.net/10210/4553
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Brewer, Cordell. “Asset evaluation methods for intellectual property.” 2012. Thesis, University of Johannesburg. Accessed January 22, 2021.
http://hdl.handle.net/10210/4553.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Brewer, Cordell. “Asset evaluation methods for intellectual property.” 2012. Web. 22 Jan 2021.
Vancouver:
Brewer C. Asset evaluation methods for intellectual property. [Internet] [Thesis]. University of Johannesburg; 2012. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/10210/4553.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Brewer C. Asset evaluation methods for intellectual property. [Thesis]. University of Johannesburg; 2012. Available from: http://hdl.handle.net/10210/4553
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Addis Ababa University
6.
ADDIS, TESHOME.
ECONOMIC VALUATION OF IRRIGATION WATER, THE CASE OF
.
Degree: 2012, Addis Ababa University
URL: http://etd.aau.edu.et/dspace/handle/123456789/1726
► The growing demand for water in different sectors of the economy due to population pressure, expansion of economic activities combined with the increased climatic variability…
(more)
▼ The growing demand for water in different sectors of the economy due to population pressure,
expansion of economic activities combined with the increased climatic variability calls for the
efficient utilization of the resource. Accordingly, the Ethiopian water policy and strategy
considers water as an important economic good with some social objectives. To this effect, the
policy advocates the introduction of site specific irrigation water fee as a tool to stimulate the
sustainable development of the sector. The most important site specific factor is the willingness
to pay of the farmers. Since any irrigation pricing endeavor should consider this factor, this
study was undertaken in Harari Regional state, Erere Weldia small scale irrigation project, so as
to provide a baseline information for the local authorities on the willingness to pay of farmers
for improved irrigation water services. The study employed a multi- stage purposive sampling
and random sampling techniques in the selection of the study site and the respondents,
respectively. Primary Data was collected through structured questionnaire, in-depth case study
and key informant interviews. Relevant secondary data was also collected. Both quantitative
(descriptive statistics and econometric estimation) and qualitative data analysis methods were
employed. A contingent
valuation method was employed to elicit farmers’ willingness to pay for
improved irrigation water. The open and closed ended elicitation techniques were used to
estimate farmers’ willingness to pay. In determining the factors that affect the maximum price
farmers are willing to pay, the OLS method was used. Nine variables out of fifteen were
significant. Size of cultivable land, access to cash credit, experience with irrigation, land fertility,
perception about water scarcity and dissatisfaction with the existing project have a positive
effect while age, household size and cultivating water demanding crops have a negative effect.
In addition, to determine the factors that affect the willingness to pay (accept) the bid price, the
Logit model was employed. Seven variables were significant. Frequency of DA visit, experience
with irrigation, income and perception about water scarcity were found to have a positive
effect, while the size of cultivable land, amount of fertilizer used and dissatisfaction with the
existing project have a negative effect. The fact that the variables: the size of cultivable land and
dissatisfaction with the existing project are significant in both models but have a different sign
necessitate further study on the effect of these variables on the decision of the farmers’. Among
the surveyed households, 98% have shown their willingness to pay if the current water supply
situation is improved. And hence this gives good reason for investment to expand the irrigation
project and introducing water fee by taking into account the effect of the significant variables in
both models.
Advisors/Committee Members: WORKNEH NEGATU (PhD) (advisor).
Subjects/Keywords: ECONOMIC VALUATION;
IRRIGATION
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
ADDIS, T. (2012). ECONOMIC VALUATION OF IRRIGATION WATER, THE CASE OF
. (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/1726
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
ADDIS, TESHOME. “ECONOMIC VALUATION OF IRRIGATION WATER, THE CASE OF
.” 2012. Thesis, Addis Ababa University. Accessed January 22, 2021.
http://etd.aau.edu.et/dspace/handle/123456789/1726.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
ADDIS, TESHOME. “ECONOMIC VALUATION OF IRRIGATION WATER, THE CASE OF
.” 2012. Web. 22 Jan 2021.
Vancouver:
ADDIS T. ECONOMIC VALUATION OF IRRIGATION WATER, THE CASE OF
. [Internet] [Thesis]. Addis Ababa University; 2012. [cited 2021 Jan 22].
Available from: http://etd.aau.edu.et/dspace/handle/123456789/1726.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
ADDIS T. ECONOMIC VALUATION OF IRRIGATION WATER, THE CASE OF
. [Thesis]. Addis Ababa University; 2012. Available from: http://etd.aau.edu.et/dspace/handle/123456789/1726
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Universidade Nova
7.
Noronha, Miguel de.
Acquisition of Plus Discount by Jerónimo Martins.
Degree: 2009, Universidade Nova
URL: http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/9638
► A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business…
(more)
▼ A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics
On the 21st of December 2007, Jerónimo Martins announced that it was acquiring the
Plus Discount chain of stores in Poland and in Portugal. This was an excellent
opportunity to strengthen even more the leading position of Jerónimo Martins in the
hard discount sector of the Polish retail market, through the chain Biedronka.
This case study will analyze the main motives for this acquisition and contextualize it in
the strategy of Jerónimo Martins for Poland. The main elements of the valuation of the
chain Plus Discount will also be discussed throughout the case.
Advisors/Committee Members: Adelino, José Neves.
Subjects/Keywords: Acquisition; Valuation; Strategy
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Noronha, M. d. (2009). Acquisition of Plus Discount by Jerónimo Martins. (Thesis). Universidade Nova. Retrieved from http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/9638
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Noronha, Miguel de. “Acquisition of Plus Discount by Jerónimo Martins.” 2009. Thesis, Universidade Nova. Accessed January 22, 2021.
http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/9638.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Noronha, Miguel de. “Acquisition of Plus Discount by Jerónimo Martins.” 2009. Web. 22 Jan 2021.
Vancouver:
Noronha Md. Acquisition of Plus Discount by Jerónimo Martins. [Internet] [Thesis]. Universidade Nova; 2009. [cited 2021 Jan 22].
Available from: http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/9638.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Noronha Md. Acquisition of Plus Discount by Jerónimo Martins. [Thesis]. Universidade Nova; 2009. Available from: http://www.rcaap.pt/detail.jsp?id=oai:run.unl.pt:10362/9638
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Università della Svizzera italiana
8.
Brughelli, Moreno.
Accounting based valuation and implied discount
factor.
Degree: 2012, Università della Svizzera italiana
URL: http://doc.rero.ch/record/30691
► The focus of this doctoral thesis is on the determination of the implied cost of capital in the equity market. Three issues are investigated in…
(more)
▼ The focus of this doctoral thesis is on the
determination of the implied cost of capital in the equity market.
Three issues are investigated in detail: the relations between the
cost of equity capital, the credit spread and the economic growth;
the links between realized market returns and the cost of capital;
and the forecasting power of the implied discount factor in
predicting market returns. In chapter one, using a cointegration
approach, we demonstrated the existence of a long term relation
between the implied discount factor and the CDS premium. In chapter
two, an alternative estimate for the cost of debt derived from
corporate bond spread is investigated. This measure is indeed
cointegrated with the implied discount factor and it has some power
in predicting future market returns. In chapter three, we
demonstrated that the difference in the implied discount factor
between countries explains the cross sectional difference in the
average realized returns. We further demonstrated that the growth
outlook of a country explains the observed difference in the level
of the implied discount factor. The time series dynamics are
instead mostly explained by changes in the credit spread on US
corporate bonds.
Advisors/Committee Members: Barone-Adesi, Giovanni (Dir.).
Subjects/Keywords: Accounting based valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Brughelli, M. (2012). Accounting based valuation and implied discount
factor. (Thesis). Università della Svizzera italiana. Retrieved from http://doc.rero.ch/record/30691
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Brughelli, Moreno. “Accounting based valuation and implied discount
factor.” 2012. Thesis, Università della Svizzera italiana. Accessed January 22, 2021.
http://doc.rero.ch/record/30691.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Brughelli, Moreno. “Accounting based valuation and implied discount
factor.” 2012. Web. 22 Jan 2021.
Vancouver:
Brughelli M. Accounting based valuation and implied discount
factor. [Internet] [Thesis]. Università della Svizzera italiana; 2012. [cited 2021 Jan 22].
Available from: http://doc.rero.ch/record/30691.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Brughelli M. Accounting based valuation and implied discount
factor. [Thesis]. Università della Svizzera italiana; 2012. Available from: http://doc.rero.ch/record/30691
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Rutgers University
9.
Park, Ju Young, 1986-.
Essays in valuation of non-market environmental impacts.
Degree: PhD, Economics, 2017, Rutgers University
URL: https://rucore.libraries.rutgers.edu/rutgers-lib/55604/
► In my dissertation, I measure the value of non-market amenities such as environmental quality using the hedonic pricing method in all three chapters. In Chapter…
(more)
▼ In my dissertation, I measure the value of non-market amenities such as environmental quality using the hedonic pricing method in all three chapters. In Chapter 2, the study examines the price premium from Korea's Energy Efficiency Grade Label. The Korean government recently began energy certification of televisions, providing a setting to analyze a possible price effect of the new label. Hedonic regression results seem to show that a price premium exists for products with the Energy Efficiency Grade Label. However, potential unobserved heterogeneity is a concern. Difference-in-difference and fixed-effects models are used to capture the net effect of the label by controlling for time and product differences. The results suggest that any price premium does not result from the energy efficiency label itself. Instead, energy-efficient products already had higher prices before the introduction of the energy efficiency label. The finding turns our attention to the importance of careful design of labeling programs. In Chapter 3, using the publicly available housing transaction data in Korea, the study estimates a fixed-effects model to examine the impact of industrial park openings on the housing market in Korea. This study contributes to the literature in three ways. First, the availability of multiple transactions within apartment complexes makes it feasible to carry out a fixed-effects estimation and address unobserved heterogeneity across apartment complexes. Second, I trace the effect on housing values from the announcement stage to actual operation stage of industrial parks. Third, although most previous studies analyze U.S. housing market, I examine the Korean housing market. I find that people in general have positive expectations about parks opening at the time of announcement, but they do not want to be located in close proximity to the park. Furthermore, the housing price effects of announcement and actual start of operation differ. Local households react positively to the news of industrial park openings and remain positive by the time parks begin operation, but households in close proximity to industrial parks react relatively less positively at the time of announcement, and the decline in price premium becomes greater once parks begin operation. In Chapter 4, I examine the price effect of the Fukushima nuclear accident on the Korean housing market. The Fukushima nuclear disaster triggered by the earthquake and tsunami was an unfortunate accident that is recorded as the worst nuclear accident since the Chernobyl accident. Given the proximity of South Korea to Japan, Koreans were particularly more concerned about the severity of the accident and its environmental and health impacts. Uncertain events such as the Fukushima nuclear accident may cause households to re-evaluate the likelihood of environmental hazard and decrease the values of housing units that are located near the facilities. Current study analyzes how the Korean housing market responds to the Fukushima nuclear disaster, using publicly…
Advisors/Committee Members: sigman, hilary (chair), Altshuler, Rosanne (internal member), Wu, Bingxiao (internal member), Mah, Jai S. (outside member), School of Graduate Studies.
Subjects/Keywords: Valuation; Hedonic damages
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Park, Ju Young, 1. (2017). Essays in valuation of non-market environmental impacts. (Doctoral Dissertation). Rutgers University. Retrieved from https://rucore.libraries.rutgers.edu/rutgers-lib/55604/
Chicago Manual of Style (16th Edition):
Park, Ju Young, 1986-. “Essays in valuation of non-market environmental impacts.” 2017. Doctoral Dissertation, Rutgers University. Accessed January 22, 2021.
https://rucore.libraries.rutgers.edu/rutgers-lib/55604/.
MLA Handbook (7th Edition):
Park, Ju Young, 1986-. “Essays in valuation of non-market environmental impacts.” 2017. Web. 22 Jan 2021.
Vancouver:
Park, Ju Young 1. Essays in valuation of non-market environmental impacts. [Internet] [Doctoral dissertation]. Rutgers University; 2017. [cited 2021 Jan 22].
Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/55604/.
Council of Science Editors:
Park, Ju Young 1. Essays in valuation of non-market environmental impacts. [Doctoral Dissertation]. Rutgers University; 2017. Available from: https://rucore.libraries.rutgers.edu/rutgers-lib/55604/
North-West University
10.
Stanvliet, Gavin Dennis.
The valuation of franchises : a restaurant case study / Gavin Stanvliet
.
Degree: 2012, North-West University
URL: http://hdl.handle.net/10394/6878
► The objective of a business valuation arrangement is to reach a reasonable and acceptable opinion of value. Valuing a business entity has become less of…
(more)
▼ The objective of a business valuation arrangement is to reach a reasonable and acceptable opinion of value. Valuing a business entity has become less of a guessing game than before. Business valuations are two thirds science and one third art according to several theorists and practitioners. The result of a valuation is only definite if it can accurately predict the future, and given that it is not possible, there will always be an element of risk that the actual value differs from the expected estimate.
There are several reasons why business valuations need to be performed. They can be categorised into three groups, namely transaction-based, tax-based, and litigation-based. Most business entities will require a business valuation at some stage. Business valuations can be categorized into different approaches and methods. The three approaches comprise the income based valuation approach, the market derived valuation approach, as well as the asset based valuation approach. Each one of these approaches has different methods that can be used under them. For the purpose of this research study, the methods used under the income based valuation approach are the discounted economic income valuation method and the direct capitalisation valuation method. The guideline publicly traded business entity valuation method and the merger and acquired business entity valuation method are used under the market derived valuation approach. When performing a business valuation under the asset based valuation approach, the asset accumulation valuation method and the capitalised excess earnings valuation method are used.
In this research study a business valuation is going to be performed on a franchised restaurant, namely a Spur Steak Ranch. The particular Spur Steak Ranch that is going to be used is the Tampa Bay Spur. A franchise is a right granted to individuals or groups to market a business entity‟s products or services within a particular location. Franchising is a method of expanding a business entity on less capital than would otherwise be possible. The franchisee pays a capital lump sum to enter the franchise and accepts some of the running costs of its outlet. In addition, the franchise offers the franchisee the use of the franchise name and any goodwill related with it, the use of its business structures and support services, its product or service to sell, as well as management and staff training programmes. Franchising has become a dominant force in the distribution of products and services in several parts of the world.
Any facility that prepares separate meals for eating on or off the premises falls under the title „„restaurant.‟‟ Not one restaurant is the same, and by producing meal experiences with unique characteristics, restaurants accommodate the requirements of particular customer categories. A restaurant is as much a financial entity as any other business entity. The most important elements in profitability in restaurants are economy and productivity.
The franchised restaurant used in this research study is the…
Subjects/Keywords: Franchise;
Restaurant;
Valuation;
Valuation approach;
Valuation method;
Waardasie;
Waardasiebenadering;
Waardasiemetode
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Stanvliet, G. D. (2012). The valuation of franchises : a restaurant case study / Gavin Stanvliet
. (Thesis). North-West University. Retrieved from http://hdl.handle.net/10394/6878
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Stanvliet, Gavin Dennis. “The valuation of franchises : a restaurant case study / Gavin Stanvliet
.” 2012. Thesis, North-West University. Accessed January 22, 2021.
http://hdl.handle.net/10394/6878.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Stanvliet, Gavin Dennis. “The valuation of franchises : a restaurant case study / Gavin Stanvliet
.” 2012. Web. 22 Jan 2021.
Vancouver:
Stanvliet GD. The valuation of franchises : a restaurant case study / Gavin Stanvliet
. [Internet] [Thesis]. North-West University; 2012. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/10394/6878.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Stanvliet GD. The valuation of franchises : a restaurant case study / Gavin Stanvliet
. [Thesis]. North-West University; 2012. Available from: http://hdl.handle.net/10394/6878
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Jönköping University
11.
Söderlund, Nathalie.
Equity Valuation : An examination of which investment valuation method appears to attain the closest value to the market price of a stock.
Degree: Business Administration, 2011, Jönköping University
URL: http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-15341
► PURPOSE- This paper empirically evaluate the ability among various types of parsimonious equity valuation models in order to ascertain which model represents the value…
(more)
▼ PURPOSE- This paper empirically evaluate the ability among various types of parsimonious equity valuation models in order to ascertain which model represents the value of equity the best and thereby manage to withstand factors causing valuation errors. The more complicated models applied, the more underlying assumptions are needed. The trade-off here, which will be investigated, is if the benefit of using more difficult models outweighs the cost of including the extra assumptions. Further on the empirical research´s results will be compared with the results provided by this previous studies examinating American companies.
METHOD- Six valuation models using a discounting valuation method are evaluated; the Present Value of Expected Dividends (PVED), Residual Income Valuation (RIV), Residual Income Valuation Terminal Value Constrained [RIV(TVC)], Abnormal Earning Growth approach (AEG), Abnormal Earning Growth Terminal Value Constrained approach [AEG(TVC)] and Free Cash Flow to the Firm model (FCFF). The five latter investment models are all based on the first model.
FINDINGS- The aim of finding the smallest absolute valuation error in the empirical study is given to PVED, a model including little underlying assumptions and inputs. Hence, the implication of the application of valuation models can be summarized as that there are no clear benefits of applying complex models for Swedish companies, and the trade-off between using more complex models and thereby including more assumptions is not compelling given that the benefit does not exceed the cost. All the earnings methods are all found to be superior to the FCFF model, while the constrained RIV and AEG methods provide higher valuation errors than the unconstrained versions.
The superiority of the PVED model is inconsistent with the previous results examining American firms, in which the RIV model is preferred. One of the reasons for the difference is the use of different accounting standards in the counties, and thereby the companies´ capital structure and the inputs used in the investment valuation may be somewhat unlike.
Subjects/Keywords: Equity valuation; Discount valuation models; Valuation Error; Business studies; Företagsekonomi
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Söderlund, N. (2011). Equity Valuation : An examination of which investment valuation method appears to attain the closest value to the market price of a stock. (Thesis). Jönköping University. Retrieved from http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-15341
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Söderlund, Nathalie. “Equity Valuation : An examination of which investment valuation method appears to attain the closest value to the market price of a stock.” 2011. Thesis, Jönköping University. Accessed January 22, 2021.
http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-15341.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Söderlund, Nathalie. “Equity Valuation : An examination of which investment valuation method appears to attain the closest value to the market price of a stock.” 2011. Web. 22 Jan 2021.
Vancouver:
Söderlund N. Equity Valuation : An examination of which investment valuation method appears to attain the closest value to the market price of a stock. [Internet] [Thesis]. Jönköping University; 2011. [cited 2021 Jan 22].
Available from: http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-15341.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Söderlund N. Equity Valuation : An examination of which investment valuation method appears to attain the closest value to the market price of a stock. [Thesis]. Jönköping University; 2011. Available from: http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-15341
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
KTH
12.
Rebane, Martin.
Timberland valuation : Current theory and practice in Estonia and Sweden.
Degree: Real Estate and Construction Management, 2012, KTH
URL: http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-101486
► In some countries forests are state or community owned and there is no market for forest land. However, in many countries timberland can be…
(more)
▼ In some countries forests are state or community owned and there is no market for forest land. However, in many countries timberland can be privately owned and thus there exists an active market for it. In Estonia and Sweden private timberland ownership is very high, 54% and 66% of the total timberland area respectively. Since property transactions in general require valuations, the need for timberland valuations is high in these countries. There are several timberland valuation approaches discussed and analysed in timberland valuation literature. Three of the most prominent approaches are the income approach, the sales comparison approach and the cost approach. Although timberland valuation is well-founded in theory, it is often rather different in practice. The timberland valuation methods as well as the underlying assumptions in the methods can vary significantly across countries and regions. The dissimilarities and confusion in timberland valuations are, at least to some extent, related to the circumstance that existing valuation standards comprehend very little guidance regarding timberland appraisal. The thesis in hand is a comparative case study, in which the same interview questions were asked from several timberland appraisers in Estonia and Sweden in order to find out how timberland is appraised in these countries. It was found that the timberland valuation approaches used within a country are rather similar, but differ when comparing Estonia with Sweden. The assumptions used in the valuation approaches vary between countries as well as across companies within a country. In Estonia 3 the appraisers use only the income approach to value a timberland, while in Sweden the appraisers use both the comparable sales approach and the income approach. There are, however, substantial differences in the way the income method is carried out in each country. In Sweden the appraisers use the income approach, to a great extent, in accordance with scientific literature, which cannot be said about the Estonian appraisers. The main differences in the income approach across the countries are the future cash flow treatment, the premerchantable timber value treatment and the length of the time period in the income approach. Along with many other details about timberland valuation practises in Estonia and Sweden, the study also found that none of the appraisers are using the uncertainty intervals in their valuation reports. The consistency and solidarity of Swedish timberland valuation practice results from the existence of the guidelines and recommendations along with the valuation program provided by the National Land Survey of Sweden. Latter is a clear sign of the importance of valuation standards and guidelines.
Subjects/Keywords: Timberland valuation; market value; valuation uncertainty; valuation standard
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Rebane, M. (2012). Timberland valuation : Current theory and practice in Estonia and Sweden. (Thesis). KTH. Retrieved from http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-101486
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Rebane, Martin. “Timberland valuation : Current theory and practice in Estonia and Sweden.” 2012. Thesis, KTH. Accessed January 22, 2021.
http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-101486.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Rebane, Martin. “Timberland valuation : Current theory and practice in Estonia and Sweden.” 2012. Web. 22 Jan 2021.
Vancouver:
Rebane M. Timberland valuation : Current theory and practice in Estonia and Sweden. [Internet] [Thesis]. KTH; 2012. [cited 2021 Jan 22].
Available from: http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-101486.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Rebane M. Timberland valuation : Current theory and practice in Estonia and Sweden. [Thesis]. KTH; 2012. Available from: http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-101486
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Technical University of Lisbon
13.
Coutinho, Carolina da Silva.
Equity research - CTT.
Degree: 2015, Technical University of Lisbon
URL: https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/10543
► Mestrado em Finanças
CTT - Correios de Portugal é a empresa líder de mercado em Portugal na área de correio e encomendas. Sendo que a…
(more)
▼ Mestrado em Finanças
CTT - Correios de Portugal é a empresa líder de mercado em Portugal na área de correio e encomendas. Sendo que a empresa também já conta com alguma experiência no mercado de serviços financeiros, sendo esta uma área com notável crescimento de vendas. Atualmente, a empresa prepara o lançamento do Banco Postal de modo a maximizar a extensa rede de lojas. Com o lançamento deste banco, a empresa pretende expandir a oferta de produtos e encorajar o cross-selling. Os CTT pretendem também usar a imagem que os consumidores têm da marca para lançar o banco, tendo como público-alvo a classe média e os consumidores mais conservadores.
O objetivo deste projeto é analisar e avaliar a empresa de modo a compreender se as ações estão sub ou sobrevalorizada e, assim, poder dar uma recomendação de compra/venda ao investidor. Esta avaliação foi não só focada na empresa, mas também no seu ambiente envolvente (enquadramento macroeconómico e concorrentes). Além disso, foi realizada uma análise de sensibilidade de modo a ser possível observar como o preço da ação iria reagir a uma variação quer na taxa de crescimento perpétuo, quer no custo de capitais próprios.
Com esta avaliação e tendo em consideração alguns pressupostos, foi possível chegar a um preço de €12,04 a 31/12/2014. Nesta mesma data, o preço de mercado era de €8,02, sendo assim possível concluir que as ações estavam desvalorizadas, dado que o investidor conseguiria ter ganhos. Deste modo, a recomendação final seria de comprar a ação.
CTT - Correios de Portugal is the leading company in Portugal for the mail and express business units. Having also already experience with financial services, being a growing division for the company. Currently, the company is trying to leverage the wide retail network with the launching of a Postal Bank aiming at expand the product offer and encourage the cross-selling. CTT also want to take advantage of the brand perception consumers have, targeting average-income and more conservative consumers.
The goal of this project is to understand if the stocks are under or overvalued and according to this, give a final recommendation to the investor. This valuation was focused not only on the company but also on its environment (macroeconomic framework and peers). Moreover, it was performed a sensitivity analysis, in order to observe how would the stock's price respond with a variation on the perpetual growth rate and cost of equity.
With this assessment and having in consideration the assumptions taken, it was possible to reach to a target price on 31/12/2014 of €12.14. Being the market value on this date of €8.02, it is possible to conclude that the stocks were undervalued, given that the investor was able to have a potential gain. Hence, the recommendation given to investors was to buy CTT's shares.
Advisors/Committee Members: Bastardo, Carlos.
Subjects/Keywords: Avaliação de empresas; Avaliação Relativa; DCF; Equity Valuation; FCFE; CTT; Company Valuation; Relative Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Coutinho, C. d. S. (2015). Equity research - CTT. (Thesis). Technical University of Lisbon. Retrieved from https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/10543
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Coutinho, Carolina da Silva. “Equity research - CTT.” 2015. Thesis, Technical University of Lisbon. Accessed January 22, 2021.
https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/10543.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Coutinho, Carolina da Silva. “Equity research - CTT.” 2015. Web. 22 Jan 2021.
Vancouver:
Coutinho CdS. Equity research - CTT. [Internet] [Thesis]. Technical University of Lisbon; 2015. [cited 2021 Jan 22].
Available from: https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/10543.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Coutinho CdS. Equity research - CTT. [Thesis]. Technical University of Lisbon; 2015. Available from: https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/10543
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Technical University of Lisbon
14.
Serrano, Luís António Teodoro.
Avaliação de imóveis habitacionais em espaço rural. Um caso prático no concelho de Alcobaça.
Degree: 2009, Technical University of Lisbon
URL: http://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/1960
► Mestrado em Engenharia Agronómica - Instituto Superior de Agronomia
In most cases the evaluation of properties, using any one of the following three basic methods…
(more)
▼ Mestrado em Engenharia Agronómica - Instituto Superior de Agronomia
In most cases the evaluation of properties, using any one of the following three basic
methods of evaluation - comparative method, method of income and the cost method - the
estimated market value obtained is similar. The changes in rural areas may lead to
situations where there are substantial differences in estimates of the market value obtained
by the use of different methodologies.
This dissertation shows the two methods of assessment commonly referred to as
comparative method and the income method, and illustrates its application to a case study -
a residential property located in a rural area in the municipality of Alcobaça.
With the use of two methods of evaluation, were obtained two estimates of the market
value which have a statistically significant difference and confirm that, for the case
examined, the differences in evaluation of properties resulting from the use of two methods
of evaluation - Comparative method and method of income. – – – – – – – – – – Na generalidade das situações de avaliação de imóveis, recorrendo a qualquer um dos três
métodos básicos de avaliação – método comparativo, método do rendimento e método do
custo – a estimativa do valor de mercado obtida é semelhante. As alterações verificadas no
mundo rural poderão ter conduzido a situações em que existirão diferenças assinaláveis nas
estimativas do valor de mercado obtidas pela utilização de diferentes metodologias.
Na presente dissertação apresentam-se as duas metodologias de avaliação usualmente
designadas como método comparativo e método do rendimento e exemplifica-se a sua
aplicação a um caso prático – um imóvel habitacional situado em espaço rural no concelho
de Alcobaça.
Da utilização dos dois métodos de avaliação obtiveram-se duas estimativas do valor de
mercado as quais apresentam uma diferença com carácter estatisticamente significativo e
que confirma, para o caso prático analisado, a existência de diferenças na valorização dos
imóveis resultantes da utilização de dois métodos de avaliação distintos – método
comparativo e método do rendimento.
Advisors/Committee Members: Silva, Francisco Gomes da.
Subjects/Keywords: imóveis; avaliação; properties; valuation; Alcobaça
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Serrano, L. A. T. (2009). Avaliação de imóveis habitacionais em espaço rural. Um caso prático no concelho de Alcobaça. (Thesis). Technical University of Lisbon. Retrieved from http://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/1960
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Serrano, Luís António Teodoro. “Avaliação de imóveis habitacionais em espaço rural. Um caso prático no concelho de Alcobaça.” 2009. Thesis, Technical University of Lisbon. Accessed January 22, 2021.
http://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/1960.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Serrano, Luís António Teodoro. “Avaliação de imóveis habitacionais em espaço rural. Um caso prático no concelho de Alcobaça.” 2009. Web. 22 Jan 2021.
Vancouver:
Serrano LAT. Avaliação de imóveis habitacionais em espaço rural. Um caso prático no concelho de Alcobaça. [Internet] [Thesis]. Technical University of Lisbon; 2009. [cited 2021 Jan 22].
Available from: http://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/1960.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Serrano LAT. Avaliação de imóveis habitacionais em espaço rural. Um caso prático no concelho de Alcobaça. [Thesis]. Technical University of Lisbon; 2009. Available from: http://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/1960
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
NSYSU
15.
Feng Hsu, Ming.
Empirical Analysis of Big Data Using FCF Model- An Application of XBRL Data in Taiwan Market.
Degree: Master, Finance, 2014, NSYSU
URL: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0610114-160342
► The subject of this research is using monthly sales into forecasting revenues of the Free Cash Flow, FCF method, one of the Discounted Cash Flow,…
(more)
▼ The
subject of this research is using monthly sales into forecasting revenues of the Free Cash Flow, FCF method, one of the Discounted Cash Flow, and according the result invest in real market.
Using monthly sales into FCF method, and forecasting cash flow for the next two years and terminal value of the corporation. Measuring corporationâs fair price, and comparing with real market prices. In order to improve the application of FCF method, do a back test for the difference of the real prices and estimated prices.
Monthly sales, quarterly financial statements, and predicted estimators are helpful to build a FCF method. FCF are suitable for measuring the corporation which has constant profit margin, low re-investment rate, growth companies. On the other hand, FCF method is not recommended for measuring the company which is declining, high investment rate.
Taiwanese stock market is momentum in a short period, especially they are always over-valued for the good companies. Hence, buy low are suitable for FCF method and PE method, short sell are worse than the market.
Advisors/Committee Members: Hong-De Tsai (chair), Der-ming Lieu (committee member), Jeng-Shiun Yang (chair), I-En Liao (chair).
Subjects/Keywords: Valuation; FCF; Monthly Sales; PE
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Feng Hsu, M. (2014). Empirical Analysis of Big Data Using FCF Model- An Application of XBRL Data in Taiwan Market. (Thesis). NSYSU. Retrieved from http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0610114-160342
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Feng Hsu, Ming. “Empirical Analysis of Big Data Using FCF Model- An Application of XBRL Data in Taiwan Market.” 2014. Thesis, NSYSU. Accessed January 22, 2021.
http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0610114-160342.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Feng Hsu, Ming. “Empirical Analysis of Big Data Using FCF Model- An Application of XBRL Data in Taiwan Market.” 2014. Web. 22 Jan 2021.
Vancouver:
Feng Hsu M. Empirical Analysis of Big Data Using FCF Model- An Application of XBRL Data in Taiwan Market. [Internet] [Thesis]. NSYSU; 2014. [cited 2021 Jan 22].
Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0610114-160342.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Feng Hsu M. Empirical Analysis of Big Data Using FCF Model- An Application of XBRL Data in Taiwan Market. [Thesis]. NSYSU; 2014. Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0610114-160342
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
NSYSU
16.
Lin, Hsing-Jung.
A study on the Venture Capital Company participate in operating model âThe case study for D Venture Capital Company.
Degree: Master, EMBA, 2011, NSYSU
URL: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0826111-122404
► The Venture Capital Invested Business Model âThe Case Study For D Venture Capital Company Abstract Post-investment management is one of the critical phases of the…
(more)
▼ The Venture Capital Invested Business Model âThe Case Study For D Venture Capital Company
Abstract
Post-investment management is one of the critical phases of the investment process and is typically the most time consuming. Venture Capital Invested forcus in high-tech firms ,the difference between Venture Capital and tradition company is Venture Capital have hight risks and returns more than tradition companyã
From allocation to withdrawal and returns process by Venture- capital-backed Firms ( all the time approximately 3∼8 year), after post-investment management including the time which covers is very long, and have huge influence for the investment result. After the investment, how to involve the management, manages strength of strong and the weak is a big challenge for Venture capital of human resources assignment.
The method is studying documents and the more case study have the conclusion. The onclusion is Venture capital have strategic
valuation by the analysis base. And by the analysis base extend todifference business model.
This research proposed as the market size to be big and the department market mainstream product, either is had law litigation by Venture- capital-backed Firms . Venture capital will involve leading manage to reduction lawsuit perio. When Venture- capital-backed Firms management team displays direction of the management idea difference even the deviation board of directors, Venture capital put into mostly the time involvement management even the consideration sells off stocks, makes a profit brings to completion.
Post-investment management is one of the critical phases venture-capital acts as a member of board directors.ãthe assistance enterprise financingãmonitoring financial report and structueãthe agreement on urgent problem and the initiation business strategy.Ventur-capital invested jusd do the consults of managemen when initial investment t and as a member of board directors. But when appears emergency alert from financial report either presents the crisis or the management question, Venture Capital will involvement human affairs, adjustment of the organization and the direction of management
The reseach conclusion is venture Capital still sell the stockholder as the main purpose and the returns method.
Keywordsï¼ Venture CapitalãStrategic
Valuation
Advisors/Committee Members: Cher-Min Fong (chair), Pei-how Huang (committee member), C. H. Tseng (chair).
Subjects/Keywords: Venture Capital; Strategic Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Lin, H. (2011). A study on the Venture Capital Company participate in operating model âThe case study for D Venture Capital Company. (Thesis). NSYSU. Retrieved from http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0826111-122404
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Lin, Hsing-Jung. “A study on the Venture Capital Company participate in operating model âThe case study for D Venture Capital Company.” 2011. Thesis, NSYSU. Accessed January 22, 2021.
http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0826111-122404.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Lin, Hsing-Jung. “A study on the Venture Capital Company participate in operating model âThe case study for D Venture Capital Company.” 2011. Web. 22 Jan 2021.
Vancouver:
Lin H. A study on the Venture Capital Company participate in operating model âThe case study for D Venture Capital Company. [Internet] [Thesis]. NSYSU; 2011. [cited 2021 Jan 22].
Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0826111-122404.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Lin H. A study on the Venture Capital Company participate in operating model âThe case study for D Venture Capital Company. [Thesis]. NSYSU; 2011. Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0826111-122404
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Oregon State University
17.
Gjesdahl, Jacob E.
Improved viewshed modelling for estimating effects of neighboring land uses on property values.
Degree: MS, Applied Economics, 2014, Oregon State University
URL: http://hdl.handle.net/1957/50534
► The effect of land uses on neighboring property values is of critical interest to urban planners, developers, and citizens. Property values are in part defined…
(more)
▼ The effect of land uses on neighboring property values is of critical interest to urban planners, developers, and citizens. Property values are in part defined by built structure and lot characteristics, locational attributes (e.g., proximity to amenities and disamenities), and other features such as views from a property. The effects of these attributes can be estimated using the hedonic property
valuation method. While many of these attributes are easily quantified, views are less tangible. This study attempts to develop a viewshed estimation technique that takes into account the limbing up of trees, a major limitation of viewshed estimates to date. The limbing up effect was estimated using a conditional statement on three viewsheds: ground elevation only, ground elevation plus 8 feet where there are trees, and the elevation of vegetation (LIDAR). The viewsheds areas were intersected with their land use zone (residential, institutional, agricultural, etc) as well as their land use category (pavement, building, short, or tall vegetation) and perspective was controlled for. The viewshed estimates were evaluated within econometric models, yielding some interesting results, including that increased visibility of houses and pavement reduced property values, short vegetation had a positive effect, and views of trees themselves had no significant effect. While the techniques used in this study have great potential, they were limited in their current application due to computing power. Further investigations may help overcome some of the constraints within this study and explore variations on this technique in order to generate robust viewshed estimates.
Advisors/Committee Members: Rosenberger, Randall (advisor), Kline, Jeff (committee member).
Subjects/Keywords: hedonic property; Real property – Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Gjesdahl, J. E. (2014). Improved viewshed modelling for estimating effects of neighboring land uses on property values. (Masters Thesis). Oregon State University. Retrieved from http://hdl.handle.net/1957/50534
Chicago Manual of Style (16th Edition):
Gjesdahl, Jacob E. “Improved viewshed modelling for estimating effects of neighboring land uses on property values.” 2014. Masters Thesis, Oregon State University. Accessed January 22, 2021.
http://hdl.handle.net/1957/50534.
MLA Handbook (7th Edition):
Gjesdahl, Jacob E. “Improved viewshed modelling for estimating effects of neighboring land uses on property values.” 2014. Web. 22 Jan 2021.
Vancouver:
Gjesdahl JE. Improved viewshed modelling for estimating effects of neighboring land uses on property values. [Internet] [Masters thesis]. Oregon State University; 2014. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/1957/50534.
Council of Science Editors:
Gjesdahl JE. Improved viewshed modelling for estimating effects of neighboring land uses on property values. [Masters Thesis]. Oregon State University; 2014. Available from: http://hdl.handle.net/1957/50534
Addis Ababa University
18.
Gebretsadik, Teshager.
Economic Valuation of Protecting Urban River Water Pollution in Addis Ababa, Ethiopia: A Choice Experiment Approach
.
Degree: 2014, Addis Ababa University
URL: http://etd.aau.edu.et/dspace/handle/123456789/5355
► The objective of the study was to analyze households’ willingness to pay for protection of river water pollution that attaches an economic value to the…
(more)
▼ The objective of the study was to analyze households’ willingness to pay for protection of river water pollution that attaches an economic value to the river. The choice experiment technique was employed by means of interviewing 315 respondents. For the protection options, five attributes; river water quality, river water volume, riparian buffer zone, recreational facilities and monetary payments were identified and developed.
Attributes and socioeconomic characteristics were estimated using multinomial logit and random parameter logit models. Based on the best model fit, random parameter logit model with interactions result, respondents are willing to pay on average birr 90.34, 12.89 and 27.87 /respondent/year for additional level and birr 1.48/respondent/year for extra meter for river water quality, river water volume, recreational facilities and riparian buffer zone, respectively. Moreover, it is found that respondents are willing to pay on average birr 607.2, 753.2 and 886.2 /respondent/year for low, medium and high impact improvement scenarios. Priority should be given to the improvement of the water quality, since households attached a higher value for the attribute of river water quality.
Advisors/Committee Members: Zenebe Gebreegziabher (Ph.D) (advisor).
Subjects/Keywords: River Water Pollution;
Economic Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Gebretsadik, T. (2014). Economic Valuation of Protecting Urban River Water Pollution in Addis Ababa, Ethiopia: A Choice Experiment Approach
. (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/5355
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Gebretsadik, Teshager. “Economic Valuation of Protecting Urban River Water Pollution in Addis Ababa, Ethiopia: A Choice Experiment Approach
.” 2014. Thesis, Addis Ababa University. Accessed January 22, 2021.
http://etd.aau.edu.et/dspace/handle/123456789/5355.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Gebretsadik, Teshager. “Economic Valuation of Protecting Urban River Water Pollution in Addis Ababa, Ethiopia: A Choice Experiment Approach
.” 2014. Web. 22 Jan 2021.
Vancouver:
Gebretsadik T. Economic Valuation of Protecting Urban River Water Pollution in Addis Ababa, Ethiopia: A Choice Experiment Approach
. [Internet] [Thesis]. Addis Ababa University; 2014. [cited 2021 Jan 22].
Available from: http://etd.aau.edu.et/dspace/handle/123456789/5355.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Gebretsadik T. Economic Valuation of Protecting Urban River Water Pollution in Addis Ababa, Ethiopia: A Choice Experiment Approach
. [Thesis]. Addis Ababa University; 2014. Available from: http://etd.aau.edu.et/dspace/handle/123456789/5355
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Addis Ababa University
19.
Addisu, Anteneh.
Non-Market Valuation of Cultural Heritages in Ethiopia Using Travel Cost and Contingent Valuation Methods: An Application to Rock- Hewn Churches of Lalibela
.
Degree: 2014, Addis Ababa University
URL: http://etd.aau.edu.et/dspace/handle/123456789/5572
► The value of cultural heritage such as the Rock- Hewn Churches of Lalibela (RHCL), cannot be obtained using market price. Non market valuation technique has…
(more)
▼ The value of cultural heritage such as the Rock- Hewn Churches of Lalibela (RHCL), cannot be obtained using market price. Non market
valuation technique has to be used to value them. However, such studies in the developing world in general and Ethiopia in particular are scarce. Therefore, the main purpose of this study is to estimate the total economic value of RHCL using non-market
valuation methods. The total number of respondents used in the empirical analysis was 200. The study uses the Individual Travel Cost Method to estimate the use value of RHCL and the Dichotomous Contingent
Valuation Method to investigate the mean WTP for the non use value of the RHCL. The truncated negative binomial method (TNBM) was employed to derive the demand function for use value of RHCL. The logit model and bivarite probit model were used to estimate the non use value of RHCL. To know basic determinants of maximum WTP we also applied the standard Tobit model. The regression result showed that travel cost, monthly income, age, education and knowledge are important determinants of the recreational demand of the site. On the other hand, the first bid price, the second bid, monthly income, and gender are important determinant of WTP for the non use value part of the site. The Tobit model depicted that income gender and age are important determinants of the maximum willingness to pay (MWTP). The result of the study also showed that the potential annual use value of the RHCL was estimated to be 759,687,113 ETB per annum and the annual non use value of the site is 42,525,661 ETB. Therefore, the annual total economic value of the site is approximately 42 times higher than the current revenue. Furthermore, the entrance fee that would maximize income was 11.32 USD per four days. Finally, we recommend that efforts should be made by the government and other relevant stakeholders to improve the site and maximize the benefits that can be derived from the RHCL. Future research areas are also suggested.
Advisors/Committee Members: Dr. Abebe Assefa (advisor).
Subjects/Keywords: Market Valuation;
Cultural Heritages
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Addisu, A. (2014). Non-Market Valuation of Cultural Heritages in Ethiopia Using Travel Cost and Contingent Valuation Methods: An Application to Rock- Hewn Churches of Lalibela
. (Thesis). Addis Ababa University. Retrieved from http://etd.aau.edu.et/dspace/handle/123456789/5572
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Addisu, Anteneh. “Non-Market Valuation of Cultural Heritages in Ethiopia Using Travel Cost and Contingent Valuation Methods: An Application to Rock- Hewn Churches of Lalibela
.” 2014. Thesis, Addis Ababa University. Accessed January 22, 2021.
http://etd.aau.edu.et/dspace/handle/123456789/5572.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Addisu, Anteneh. “Non-Market Valuation of Cultural Heritages in Ethiopia Using Travel Cost and Contingent Valuation Methods: An Application to Rock- Hewn Churches of Lalibela
.” 2014. Web. 22 Jan 2021.
Vancouver:
Addisu A. Non-Market Valuation of Cultural Heritages in Ethiopia Using Travel Cost and Contingent Valuation Methods: An Application to Rock- Hewn Churches of Lalibela
. [Internet] [Thesis]. Addis Ababa University; 2014. [cited 2021 Jan 22].
Available from: http://etd.aau.edu.et/dspace/handle/123456789/5572.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Addisu A. Non-Market Valuation of Cultural Heritages in Ethiopia Using Travel Cost and Contingent Valuation Methods: An Application to Rock- Hewn Churches of Lalibela
. [Thesis]. Addis Ababa University; 2014. Available from: http://etd.aau.edu.et/dspace/handle/123456789/5572
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
NSYSU
20.
Chang, Yi-Chun.
Discussion on the Evaluation of Taiwanese Non-listed Companies-Taking non-public Taiwanese companies as example.
Degree: Master, Business Management, 2018, NSYSU
URL: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0616118-193049
► In response to the official enactment of the International Financial Reporting Standards (IFRS9), unlisted and non-over-the-counter shares held by the financial industrialists must be to…
(more)
▼ In response to the official enactment of the International Financial Reporting Standards (IFRS9), unlisted and non-over-the-counter shares held by the financial industrialists must be to
subject to fair value accounting. As unlisted and non-over-the-counter shares have not been circulated in the market previously, there have been no so-called market prices for the fair value assessment and accounting by the financial industrialists. Thus, they are all recorded at the original costs. However, as IFRS9 is officially enacted, the accounting method based on the costs is not accepted. Therefore, this study will evaluate the unlisted and non-over-the-counter stocks using the market approach, the free cash flow method and the economic value added method. This study finds that if the company
subject to
valuation have certain attributes, some
valuation methods may not be suitable. Therefore, the appraisers can first observe whether the evaluated company has the above-mentioned situation before
valuation. When selecting the
valuation methods, they can first filter out unsuitable
valuation models to obtain a more reliable corporate value. The most troublesome part is that the above three
valuation methods may not be suitable for certain industries (e.g. The bills industry) at first glance. If this does occur, the appraisers shall further understand the characteristics of the company and select the relatively suitable
valuation model. The parameters of the model can then be adjusted on the
valuation results of the other two methods until the appraisers believe that they have obtained a more reliable corporate value.
Finally, this study organizes the applicability of each
valuation method to each case industry and provides the results that can be referenced by subsequent appraisers.
Advisors/Committee Members: Tsuang-Yih Kuo (chair), Ni-Yun Chen (chair), Tai-Hwa Chow (committee member), Pei-How Huang (committee member).
Subjects/Keywords: Unlisted or Non-; The Market Approach to Valuation; Free Cash Flow Valuation; Valuation; Economic Value Additive (EVA) Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Chang, Y. (2018). Discussion on the Evaluation of Taiwanese Non-listed Companies-Taking non-public Taiwanese companies as example. (Thesis). NSYSU. Retrieved from http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0616118-193049
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Chang, Yi-Chun. “Discussion on the Evaluation of Taiwanese Non-listed Companies-Taking non-public Taiwanese companies as example.” 2018. Thesis, NSYSU. Accessed January 22, 2021.
http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0616118-193049.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Chang, Yi-Chun. “Discussion on the Evaluation of Taiwanese Non-listed Companies-Taking non-public Taiwanese companies as example.” 2018. Web. 22 Jan 2021.
Vancouver:
Chang Y. Discussion on the Evaluation of Taiwanese Non-listed Companies-Taking non-public Taiwanese companies as example. [Internet] [Thesis]. NSYSU; 2018. [cited 2021 Jan 22].
Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0616118-193049.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Chang Y. Discussion on the Evaluation of Taiwanese Non-listed Companies-Taking non-public Taiwanese companies as example. [Thesis]. NSYSU; 2018. Available from: http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0616118-193049
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Technical University of Lisbon
21.
Charrua, António Pedro da Silveira e Lorena Pinto.
Equity research - Pfizer Inc.
Degree: 2017, Technical University of Lisbon
URL: https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/15918
► Mestrado em Finanças
Este projecto contém informaçao detalhada da Pfizer Inc. Este Relatório de Avaliação é uma continuação do processo de implementação de um novo…
(more)
▼ Mestrado em Finanças
Este projecto contém informaçao detalhada da Pfizer Inc. Este Relatório de Avaliação é uma continuação do processo de implementação de um novo formato de apresentação para este tipo de projecto, agregando as regras de estilo do Trabalho Final do Programa de Mestrado do ISEG e as recomendações do CFA Institute (Pinto, Henry, Robison, and Stowe, 2010).
A escolha da Pfizer Inc. vem do meu interesse pessoal na industria farmacêutica em geral, e em particular pela capacidade das empresas desta industria em criar valor e mesmo com custos muito altos, continuar a apresentar excelentes indicadores durante todos estes anos.
O preço alvo desta avaliação foi calculado usando o método mais adequado para o efeito, o método dos Fluxos de Caixa Descontados (DCF), que foi complementado com o método dos Múltiplos Comparáveis para sustentar a recomendação final.
Considerando que o preço alvo obtido foi de 37.35, representado um pontencial de valorização de 15% quando comparado ao preço da ação no final de 2016, a recomendação final é de Compra, apesar dos riscos existentes que podem after o preço alvo. O risco estimado para a empresa é considerado um risco médio.
This project contains a detailed valuation of Pfizer Inc. This Equity Research is a continuation of the implementation process of a new presentation format for this kind of projects, combining the style and rules of ISEG Master Final Project and the CFA institute (Pinto, Henry, Robison, and Stowe, 2010) recommendations.
The choice of Pfizer Inc. comes from my personal interest in the pharmaceutical industry in general, and particularly in the capacity of companies in this industry to create value and even with very high costs continue to perform extremely well through the years.
The price target from this valuation was computed using the most adequate method for the purpose, the Discounted Cash Flow (DCF) approach, which was complemented with Relative Valuation Method approach in order to support the final recommendation.
Considering the price target obtained was 37.35 representing an upside potential of 15% when compared with the price of 32.48 in the end of 2016, the final recommendation is to Buy, despite the risks that may occur in the future that can affect the price target. The risk assessment estimated for Pfizer Inc. is considered to be medium.
info:eu-repo/semantics/publishedVersion
Advisors/Committee Members: Raposo, Clara.
Subjects/Keywords: Equity Research; Valuation; Pharmaceutical; Pfizer
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Charrua, A. P. d. S. e. L. P. (2017). Equity research - Pfizer Inc. (Thesis). Technical University of Lisbon. Retrieved from https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/15918
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Charrua, António Pedro da Silveira e Lorena Pinto. “Equity research - Pfizer Inc.” 2017. Thesis, Technical University of Lisbon. Accessed January 22, 2021.
https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/15918.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Charrua, António Pedro da Silveira e Lorena Pinto. “Equity research - Pfizer Inc.” 2017. Web. 22 Jan 2021.
Vancouver:
Charrua APdSeLP. Equity research - Pfizer Inc. [Internet] [Thesis]. Technical University of Lisbon; 2017. [cited 2021 Jan 22].
Available from: https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/15918.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Charrua APdSeLP. Equity research - Pfizer Inc. [Thesis]. Technical University of Lisbon; 2017. Available from: https://www.rcaap.pt/detail.jsp?id=oai:www.repository.utl.pt:10400.5/15918
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Oregon State University
22.
Vista, Arvin Bueno.
Three essays on meta-analysis, benefit transfer, and recreation use
valuation.
Degree: PhD, Forest Resources, 2010, Oregon State University
URL: http://hdl.handle.net/1957/17142
► This dissertation consists of three essays on meta-analysis, benefit transfer and recreation use valuation. The first two essays were based on the sportsfishing valuation literature…
(more)
▼ This dissertation consists of three essays on meta-analysis, benefit transfer and recreation use
valuation. The first two essays were based on the sportsfishing
valuation literature in the US and Canada while the third essay was based on a study
site in the Philippines and selected study sites from the US. The first essay evaluates the aggregation structure of primary research studies and its implications for benefit transfer using meta-regression analysis. Results indicate that single-site and regional studies should not be pooled without accounting for their differences in a metaanalysis. The second essay examines the implications of addressing dependency in the sportsfishing
valuation literature using meta-regression analysis. Results indicate that median absolute percentage transfer error is lower for the meta-regression models based on a single value, i.e. average-set and best-set metadata than the meta-regression
models based on all-set. The average-set and best-set are two treatments of the metadata for avoiding dependency. The third essay applies the methodological treatments learned from the first two essays to estimate the recreational value via benefit transfer of Taal Volcano Protected Landscape in the Philippines. Results show that single point estimate transfer worked better than the meta-regression benefit function transfer. Recommendations based from the three essays include: 1) the need
to account for aggregation differences among primary studies to minimize biased value estimates in benefit transfer depending on policy settings; 2) the importance to correct for dependency and other methodological pitfalls in meta-regression is always
warranted; 3) metadata sample selection is best guided by the goals of the metaanalysis and perceived allowable errors in benefit transfer applications; and 4) the conduct of primary study is still the first best strategy to recreation use
valuation, given time and resources.
Advisors/Committee Members: Rosenberger, Randall S. (advisor), Radosevich, Steven R. (committee member).
Subjects/Keywords: benefit transfer; Outdoor recreation – Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Vista, A. B. (2010). Three essays on meta-analysis, benefit transfer, and recreation use
valuation. (Doctoral Dissertation). Oregon State University. Retrieved from http://hdl.handle.net/1957/17142
Chicago Manual of Style (16th Edition):
Vista, Arvin Bueno. “Three essays on meta-analysis, benefit transfer, and recreation use
valuation.” 2010. Doctoral Dissertation, Oregon State University. Accessed January 22, 2021.
http://hdl.handle.net/1957/17142.
MLA Handbook (7th Edition):
Vista, Arvin Bueno. “Three essays on meta-analysis, benefit transfer, and recreation use
valuation.” 2010. Web. 22 Jan 2021.
Vancouver:
Vista AB. Three essays on meta-analysis, benefit transfer, and recreation use
valuation. [Internet] [Doctoral dissertation]. Oregon State University; 2010. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/1957/17142.
Council of Science Editors:
Vista AB. Three essays on meta-analysis, benefit transfer, and recreation use
valuation. [Doctoral Dissertation]. Oregon State University; 2010. Available from: http://hdl.handle.net/1957/17142
Oregon State University
23.
Berrens, Robert Patrick, 1962-.
The accuracy, applicability and transferability of contingent valuation measures for nonmarket goods.
Degree: PhD, Agricultural and Resource Economics, 1993, Oregon State University
URL: http://hdl.handle.net/1957/18911
► Despite several decades of research developments, the survey-based contingent valuation (CV) method remains one of the most controversial topics in environmental economics. As the procedure…
(more)
▼ Despite several decades of research developments, the survey-based contingent
valuation (CV) method remains one of the most controversial topics in environmental
economics. As the procedure matures and more applied studies are completed, there
is increasing pressure to make the results policy relevant. This research is composed
of three distinct yet related manuscripts and investigates several important issues in
the application of CV for measuring the economic value of nonmarket goods.
Specifically, this dissertation explores the accuracy, applicability and transferability of
CV measures, with a focus on the dichotomous choice (DC) elicitation format.
The first study asks whether individuals directly questioned about their
willingness-to-pay (WTP) for a public good respond differently, in a setting of
apparent social pressure, than those provided with additional anonymity. This
question is explored in a quasi-experimental setting using a split sample design to
compare a randomized response questioning format with a direct questioning format.
Econometric models assess the robustness of explanatory effects across survey types.
Redacted for Privacy
The results support the hypothesis of compliance bias.
The second manuscript investigates an experimental fee hunt pheasant stocking
program that developed subsequent to a previous CV. This case study evaluates the
performance of the original study, and addresses the question of how CV may be used
in converting WTP into public revenues. The results are a mix of good news and bad
news; while WTP appears to be a real value, the findings indicate the difficulty of
conducting any external validation against a real market.
The third study explores several issues in the derivation of demand curves
from DC-CV models. Application of an available specification test provides a
technique for addressing endogeneity questions on measure-of-use variables. Absent
endogeneity, there is still the opportunity for considerable bias in demand curves. A
typology is presented and used to distinguish how CV models incorporate such
variables. The empirical results from applying the specification test to a previous
study provide initial confirmation of the proposed typology. Caution is urged in
reconstructing demand curves from "off-the-shelf" DC-CV models for benefits transfer
purposes.
Advisors/Committee Members: Adams, Richard M. (advisor), Castle, Emery (committee member).
Subjects/Keywords: Contingent valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Berrens, Robert Patrick, 1. (1993). The accuracy, applicability and transferability of contingent valuation measures for nonmarket goods. (Doctoral Dissertation). Oregon State University. Retrieved from http://hdl.handle.net/1957/18911
Chicago Manual of Style (16th Edition):
Berrens, Robert Patrick, 1962-. “The accuracy, applicability and transferability of contingent valuation measures for nonmarket goods.” 1993. Doctoral Dissertation, Oregon State University. Accessed January 22, 2021.
http://hdl.handle.net/1957/18911.
MLA Handbook (7th Edition):
Berrens, Robert Patrick, 1962-. “The accuracy, applicability and transferability of contingent valuation measures for nonmarket goods.” 1993. Web. 22 Jan 2021.
Vancouver:
Berrens, Robert Patrick 1. The accuracy, applicability and transferability of contingent valuation measures for nonmarket goods. [Internet] [Doctoral dissertation]. Oregon State University; 1993. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/1957/18911.
Council of Science Editors:
Berrens, Robert Patrick 1. The accuracy, applicability and transferability of contingent valuation measures for nonmarket goods. [Doctoral Dissertation]. Oregon State University; 1993. Available from: http://hdl.handle.net/1957/18911
Oregon State University
24.
Bayaner, Ahmet.
An econometric analysis of used tractor prices.
Degree: MS, Agricultural and Resource Economics, 1988, Oregon State University
URL: http://hdl.handle.net/1957/26860
► Farm equipment is becoming an increasingly important financial asset for many farmers. Tractors probably represent the single largest component of equipment asset value. As such,…
(more)
▼ Farm equipment is becoming an increasingly important
financial asset for many farmers. Tractors probably represent the
single largest component of equipment asset value. As such, changes
in tractor values can have a dramatic effect on a farmer's financial
situation. Changes in equipment value can be attributed to
depreciation and the value of output produced. The general objective
of this study was to identify a specific set of variables explaining
changes in equipment value and to determine the relative importance
of these variables.
The Box-Cox power transformation technique was employed in
estimating the depreciation patterns. The method was applied to two
different sources of used tractor prices – auction and advertised.
Remaining value (RV), defined as the real market price in time t
divided by real purchase price, was regressed against several
independent variables. These independent variables were age, usage
per year, condition, horsepower, manufacturer, regions of the U.S.,
auction types, and net farm income.
A number of these variables were found to have some
important impact on RV. Depreciation patterns were found to differ
between manufacturers. Significant differences in remaining values
(RV) were found to exist for different regions of the U.S. and
different auction types. For both auction and advertised data, an
increase in usage produces a noticeable decrease in RV. For auction
data, however, the level of usage tends to have greater influence on
RV when the tractor is newer.
The results did not closely approximate any clear
depreciation pattern. The depreciation patterns are accelerated
relative to straight-line method and are a combination of the
geometric and sum-of-the-year's digits functions.
The RV model was used to examine optimal replacement ages
for farm tractors. Annual usage levels had the most influence on the
age at which tractors were replaced. Expensing and some tax law
changes had a less significant impact.
Advisors/Committee Members: Perry, Gregory M. (advisor), Nelson, A. Gene (committee member).
Subjects/Keywords: Tractors – Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Bayaner, A. (1988). An econometric analysis of used tractor prices. (Masters Thesis). Oregon State University. Retrieved from http://hdl.handle.net/1957/26860
Chicago Manual of Style (16th Edition):
Bayaner, Ahmet. “An econometric analysis of used tractor prices.” 1988. Masters Thesis, Oregon State University. Accessed January 22, 2021.
http://hdl.handle.net/1957/26860.
MLA Handbook (7th Edition):
Bayaner, Ahmet. “An econometric analysis of used tractor prices.” 1988. Web. 22 Jan 2021.
Vancouver:
Bayaner A. An econometric analysis of used tractor prices. [Internet] [Masters thesis]. Oregon State University; 1988. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/1957/26860.
Council of Science Editors:
Bayaner A. An econometric analysis of used tractor prices. [Masters Thesis]. Oregon State University; 1988. Available from: http://hdl.handle.net/1957/26860
Oregon State University
25.
McLeod, Donald M.
Valuing nonmarket goods and services : a test for bias in the iterated referendum-contingent valuation format.
Degree: PhD, Agricultural and Resource Economics, 1994, Oregon State University
URL: http://hdl.handle.net/1957/18955
► Contingent valuation has been used to elicit values for changes in the quantity and quality of nonmarket amenities. Yet hypothetically trading dollars for environmental improvements…
(more)
▼ Contingent
valuation has been used to elicit values
for changes in the quantity and quality of nonmarket
amenities. Yet hypothetically trading dollars for
environmental improvements is not a familiar activity for
most survey respondents. A variety of response effects
associated with survey collected data can potentially lead
to biased contingent
valuation welfare estimates.
A discussion concerning how respondent values are
formulated and reported provides the basis for building a
behavioral model of decision making. Individuals are
presumed to act like Bayesians, incorporating information
where available to update their prior outlooks. This
behavioral model is linked to the iterated referendum-contingent
valuation format to test for the presence of a
type of information bias.
The iterated referendum format poses successive
valuation questions to survey participants with the second
question based on the response to the first. Although this
format has been shown to yield an increase in precision
over the single question referendum, the validity of the
iterated referendum has not been empirically verified. The
central research question is whether the initial bid
provides respondents with a stimulus to revise or update
their valuations.
A test for the constancy of respondents' distribution
of willingness-to-pay indicates that updating is occurring
in two large data sets. Welfare benefits measures are
estimated for the single question and for two forms of the
iterated referendum format. Nonparametric tests indicate
that the behavioral model differs statistically from the
two other
valuation formats. The iterated referendum
welfare estimate derived from the Bayesian behavioral
model yields larger and less precise welfare benefits
estimates than the standard iterated referendum for the
two data sets. The Bayesian structure of the iterated
referendum provides a conceptually valid
valuation format.
It is both a statistical improvement and a more realistic
model of decision making.
Advisors/Committee Members: Ervin, David (advisor), Rettig, Bruce (committee member).
Subjects/Keywords: Contingent valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
McLeod, D. M. (1994). Valuing nonmarket goods and services : a test for bias in the iterated referendum-contingent valuation format. (Doctoral Dissertation). Oregon State University. Retrieved from http://hdl.handle.net/1957/18955
Chicago Manual of Style (16th Edition):
McLeod, Donald M. “Valuing nonmarket goods and services : a test for bias in the iterated referendum-contingent valuation format.” 1994. Doctoral Dissertation, Oregon State University. Accessed January 22, 2021.
http://hdl.handle.net/1957/18955.
MLA Handbook (7th Edition):
McLeod, Donald M. “Valuing nonmarket goods and services : a test for bias in the iterated referendum-contingent valuation format.” 1994. Web. 22 Jan 2021.
Vancouver:
McLeod DM. Valuing nonmarket goods and services : a test for bias in the iterated referendum-contingent valuation format. [Internet] [Doctoral dissertation]. Oregon State University; 1994. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/1957/18955.
Council of Science Editors:
McLeod DM. Valuing nonmarket goods and services : a test for bias in the iterated referendum-contingent valuation format. [Doctoral Dissertation]. Oregon State University; 1994. Available from: http://hdl.handle.net/1957/18955
Queensland University of Technology
26.
Mohd Nasir, Abdul Rahman.
Standardisation of plant and machinery valuation practices in Malaysia.
Degree: 2013, Queensland University of Technology
URL: https://eprints.qut.edu.au/61056/
► Plant and machinery valuation is important to every company.s annual financial reporting. It is reported under the non-current assets section, and the valuers are generally…
(more)
▼ Plant and machinery valuation is important to every company.s annual financial reporting. It is reported under the non-current assets section, and the valuers are generally employed to provide the up to date valuation of the non-current assets valuation such as property, plant and equipment that can make up to 80% of the total assets of a company. The valuation of plant and machinery is also important for other purposes such as securing loan facilities, sales, takeover, insurance and auction. The application of 2005 International Financial Reporting Standard (IFRS) has a subsequent impact on the financial sector, as a whole. The accountants have to choose between the Historical Cost approach and Market Value approach in determining the value of the client.s assets. In Malaysia, the implementation of IFRS has a domino effect on the financial system, especially for plant and machinery valuation for financial reporting. The comparison data for plant and machinery valuation is limited unlike land and building valuation. The question of Malaysian valuer.s ability to comply with the IFRS standard keeps rising every day, not just to the accountants, but also other related parties such as financial institutions, government agencies and the clients. This is happening because of different interpretations of premise of value for plant and machinery, as well as methods been used and differences in standards of reporting among the valuers conducting plant and machinery valuation. The root of the problem lies in the lack of practical guidelines governing plant and machinery valuation practices and different schools of thought among the valuers. Some follow the United Kingdom.s RICS guidelines, whilst some valuers are more comfortable with the United State.s USPAP rules, especially on the premise of value. This research is to investigate the international best practices of plant and machinery valuation and to establish the common valuation concept, awareness and application of valuation methodology and valuation process for plant and machinery valuation in Malaysia. This research uses a combination of the qualitative and quantitative research approach. In the qualitative approach, the content analyses were conducted from the international practices and current Malaysian implementation of plant and machinery valuation. A survey (quantitative approach) via questionnaire was implemented among the registered and probationary valuers in Malaysia to investigate their understanding and opinion relating to plant and machinery valuation based on the current practices. The significance of this research is the identification of international plant and machinery practices and the understanding of current practices of plant and machinery valuation in Malaysia. It is found that issues embedding plant and machinery valuation practices are limited numbers of resources available either from scholars or practitioner. This is supported by the general finding from the research survey that indicates that there are immediate needs for practical notes or…
Subjects/Keywords: plant and machinery valuation; international practices; valuation concept; valuation methodology; valuation process; awareness and application; Malaysian valuers
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Mohd Nasir, A. R. (2013). Standardisation of plant and machinery valuation practices in Malaysia. (Thesis). Queensland University of Technology. Retrieved from https://eprints.qut.edu.au/61056/
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Chicago Manual of Style (16th Edition):
Mohd Nasir, Abdul Rahman. “Standardisation of plant and machinery valuation practices in Malaysia.” 2013. Thesis, Queensland University of Technology. Accessed January 22, 2021.
https://eprints.qut.edu.au/61056/.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
MLA Handbook (7th Edition):
Mohd Nasir, Abdul Rahman. “Standardisation of plant and machinery valuation practices in Malaysia.” 2013. Web. 22 Jan 2021.
Vancouver:
Mohd Nasir AR. Standardisation of plant and machinery valuation practices in Malaysia. [Internet] [Thesis]. Queensland University of Technology; 2013. [cited 2021 Jan 22].
Available from: https://eprints.qut.edu.au/61056/.
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Council of Science Editors:
Mohd Nasir AR. Standardisation of plant and machinery valuation practices in Malaysia. [Thesis]. Queensland University of Technology; 2013. Available from: https://eprints.qut.edu.au/61056/
Note: this citation may be lacking information needed for this citation format:
Not specified: Masters Thesis or Doctoral Dissertation
Colorado State University
27.
McTernan, James A.
Economic value of whitewater sports in the Cache la Poudre Canyon, Colorado, The.
Degree: MS(M.S.), Agricultural and Resource Economics, 2011, Colorado State University
URL: http://hdl.handle.net/10217/46239
► This thesis estimates the non-market benefits associated with non-commercial Whitewater Sports in the Poudre Canyon of the Cache la Poudre River. We used a Contingent…
(more)
▼ This thesis estimates the non-market benefits associated with non-commercial Whitewater Sports in the Poudre Canyon of the Cache la Poudre River. We used a Contingent
Valuation Model (CVM) and a Travel Cost Model (TCM) to estimate benefits to all non-commercial users at two different river locations. Using CVM, we found the consumer surplus estimates to be between 55.36 and 93.36 per trip, depending on the model specification. This equates to a per season consumer surplus of between 596,283 and 1,005,581 for a 30 day season and between 1,192,620 and 1,917,894 for a 60 day season. For the TCM, consumer surplus was estimated at either 88.01 or 129.41 depending on the specification. This equates to ranges of per season consumer surplus of 947,956 and 1,393,875 respectively for a 30 day season and 1,895,999 and 2,787,880 respectively for a 60 day season.
Advisors/Committee Members: Loomis, John B. (advisor), Goemans, Christopher G. (committee member), Shields, Martin (committee member).
Subjects/Keywords: non-market valuation; Whitewater Sports
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
McTernan, J. A. (2011). Economic value of whitewater sports in the Cache la Poudre Canyon, Colorado, The. (Masters Thesis). Colorado State University. Retrieved from http://hdl.handle.net/10217/46239
Chicago Manual of Style (16th Edition):
McTernan, James A. “Economic value of whitewater sports in the Cache la Poudre Canyon, Colorado, The.” 2011. Masters Thesis, Colorado State University. Accessed January 22, 2021.
http://hdl.handle.net/10217/46239.
MLA Handbook (7th Edition):
McTernan, James A. “Economic value of whitewater sports in the Cache la Poudre Canyon, Colorado, The.” 2011. Web. 22 Jan 2021.
Vancouver:
McTernan JA. Economic value of whitewater sports in the Cache la Poudre Canyon, Colorado, The. [Internet] [Masters thesis]. Colorado State University; 2011. [cited 2021 Jan 22].
Available from: http://hdl.handle.net/10217/46239.
Council of Science Editors:
McTernan JA. Economic value of whitewater sports in the Cache la Poudre Canyon, Colorado, The. [Masters Thesis]. Colorado State University; 2011. Available from: http://hdl.handle.net/10217/46239
University of Manchester
28.
Gibson, Jonathan Martin.
Economic evaluation of health risks in a developing
country: The case of arsenic contaminated drinking water in
Cambodia.
Degree: 2015, University of Manchester
URL: http://www.manchester.ac.uk/escholar/uk-ac-man-scw:260470
► Arsenic contamination of drinking water is a serious public health issue in many areas of South and South East Asia. One study estimates that in…
(more)
▼ Arsenic contamination of drinking water is a
serious public health issue in many areas of South and South East
Asia. One study estimates that in Cambodia over 100,000 people are
exposed, with the majority of those living in Kandal Province.In
this thesis we present 3 original empirical studies focused on
estimating nonmarket values for reduced arsenic risk water, based
on primary data collected in May 2013. We also present a review
paper which discusses the various economic techniques which have
typically been used to estimate welfare values for cost-benefit
analysis of mitigation strategies or appraisal of drinking water
standards.The first empirical paper presents the results of a
discrete choice experiment (DCE)to estimate willingness to pay
(WTP) values for reduced arsenic water. We discuss the results of
scale-extended latent class choice models and underlying
differences in preferences and choice consistency. We find that a
reduction in the permissible limit on arsenic in drinking water may
best represent underlying household preferences for risk. The
second empirical paper presents the results of a split sample
choice experiment focusing on differences between money (WTP) and
labour contributions (WTWork) as payment vehicles in terms of
choice behaviour and attribute non-attendance. We find that the
results from the two experiments are relatively consistent which
reinforces our results from the previous chapter that focuses on
WTP measures alone and adds credibility to the large numbers of
DCEs conducted in rural areas of developing countries. The final
empirical paper examines actual household behaviour relative to an
arsenic testing and education campaign run by a local NGO. We find
that the vast majority of households change their drinking water
source upon being informed that it is unsafe. On average households
that switch increase their expenditures. In doing so however they
also reduce the amount of time spent collecting water which limits
the use of expenditure changes as an approximation of welfare
values.
Advisors/Committee Members: POLYA, DAVID DAJ, Polya, David, Russell, Noel.
Subjects/Keywords: Nonmarket valuation; Health; Arsenic
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Gibson, J. M. (2015). Economic evaluation of health risks in a developing
country: The case of arsenic contaminated drinking water in
Cambodia. (Doctoral Dissertation). University of Manchester. Retrieved from http://www.manchester.ac.uk/escholar/uk-ac-man-scw:260470
Chicago Manual of Style (16th Edition):
Gibson, Jonathan Martin. “Economic evaluation of health risks in a developing
country: The case of arsenic contaminated drinking water in
Cambodia.” 2015. Doctoral Dissertation, University of Manchester. Accessed January 22, 2021.
http://www.manchester.ac.uk/escholar/uk-ac-man-scw:260470.
MLA Handbook (7th Edition):
Gibson, Jonathan Martin. “Economic evaluation of health risks in a developing
country: The case of arsenic contaminated drinking water in
Cambodia.” 2015. Web. 22 Jan 2021.
Vancouver:
Gibson JM. Economic evaluation of health risks in a developing
country: The case of arsenic contaminated drinking water in
Cambodia. [Internet] [Doctoral dissertation]. University of Manchester; 2015. [cited 2021 Jan 22].
Available from: http://www.manchester.ac.uk/escholar/uk-ac-man-scw:260470.
Council of Science Editors:
Gibson JM. Economic evaluation of health risks in a developing
country: The case of arsenic contaminated drinking water in
Cambodia. [Doctoral Dissertation]. University of Manchester; 2015. Available from: http://www.manchester.ac.uk/escholar/uk-ac-man-scw:260470
University of Manchester
29.
Gabb, Alexandria April.
The Ecosystem Service Concept and the Valuation of
Ecosystem Services as a framework and tool for developing
integrated approaches to mangrove management and
conservation.
Degree: 2019, University of Manchester
URL: http://www.manchester.ac.uk/escholar/uk-ac-man-scw:319143
► Lessons from past conservation efforts have highlighted the necessity for movements away from traditional, top down efforts following the preservationist approach and towards more integrated,…
(more)
▼ Lessons from past conservation efforts have
highlighted the necessity for movements away from traditional, top
down efforts following the preservationist approach and towards
more integrated, approaches characterised by typically
characterised by public participation and multi-sector
collaboration. The Ecosystem Service Concept (ESC) has become a
popular framework upon which to facilitate said collaboration,
uniting stakeholders through concepts of societal dependence on
ecosystems as a rational for their sustainable management and
conservation. Ecosystem service (ES)
valuation is an associated
tool developed to bridge communication gaps across stakeholder
types by providing a common language with which to manage ES
values. At present,
valuation attempts have primarily focused on
the use of monetary units in the monetary
valuation of ecosystem
services (MVES). This method aids in translating the values of ES
into a language more readily adopted in land-use decisions thus
facilitating communication between practitioners and decision-
makers. The issue here however is that despite facilitating
discourse at said level, MVES excludes local stakeholders by
foregoing public participation and ultimately neglecting the social
values and the non-material benefits of ES. As a result, MVES has
received criticisms concerning its relative one-dimensionality,
leading to calls for value plurism and greater consideration of
social values needed for integrated management schemes. Mangroves
have become widely recognized as highly productive ecosystems
delivering a variety of services vital in supporting coastal
communities, national economies and adjacent ecosystems. The
diversity of their services, in addition to the range to which
their benefits extend make mangroves an interesting system within
which to explore the discourse surrounding ESC and
valuation and
examine the potential and limitations of the tool in developing
integrated approaches to mangrove management. This study reviews
use of MVES in mangrove ecosystems, identifying gaps in the
literature with regards to the cultural services of mangroves,
representation of their ecological values and a research deficit
concerning mangroves of Africa, Latin America and the Caribbean. To
address some of these gaps this thesis also employed social
valuation techniques in coastal communities on the Caribbean Coast
of Honduras. The social
valuation study demonstrated variation in
stakeholder perceptions as to the importance of mangrove services
amongst communities and that these were affected by community
geographies, ultimately highlighting the importance of social
considerations to avoid conflict when implementing management
schemes.
Advisors/Committee Members: RIGBY, DANIEL DS, Johnson, Giles, Rigby, Daniel.
Subjects/Keywords: Ecosystem services; Mangrove; Conservation; Valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Gabb, A. A. (2019). The Ecosystem Service Concept and the Valuation of
Ecosystem Services as a framework and tool for developing
integrated approaches to mangrove management and
conservation. (Doctoral Dissertation). University of Manchester. Retrieved from http://www.manchester.ac.uk/escholar/uk-ac-man-scw:319143
Chicago Manual of Style (16th Edition):
Gabb, Alexandria April. “The Ecosystem Service Concept and the Valuation of
Ecosystem Services as a framework and tool for developing
integrated approaches to mangrove management and
conservation.” 2019. Doctoral Dissertation, University of Manchester. Accessed January 22, 2021.
http://www.manchester.ac.uk/escholar/uk-ac-man-scw:319143.
MLA Handbook (7th Edition):
Gabb, Alexandria April. “The Ecosystem Service Concept and the Valuation of
Ecosystem Services as a framework and tool for developing
integrated approaches to mangrove management and
conservation.” 2019. Web. 22 Jan 2021.
Vancouver:
Gabb AA. The Ecosystem Service Concept and the Valuation of
Ecosystem Services as a framework and tool for developing
integrated approaches to mangrove management and
conservation. [Internet] [Doctoral dissertation]. University of Manchester; 2019. [cited 2021 Jan 22].
Available from: http://www.manchester.ac.uk/escholar/uk-ac-man-scw:319143.
Council of Science Editors:
Gabb AA. The Ecosystem Service Concept and the Valuation of
Ecosystem Services as a framework and tool for developing
integrated approaches to mangrove management and
conservation. [Doctoral Dissertation]. University of Manchester; 2019. Available from: http://www.manchester.ac.uk/escholar/uk-ac-man-scw:319143
University of Manchester
30.
Gibson, Jonathan.
Economic evaluation of health risks in a developing country : the case of arsenic contaminated drinking water in Cambodia.
Degree: PhD, 2015, University of Manchester
URL: https://www.research.manchester.ac.uk/portal/en/theses/economic-evaluation-of-health-risks-in-a-developing-country-the-case-of-arsenic-contaminated-drinking-water-in-cambodia(d934a610-d90f-4989-99f3-4937e1076742).html
;
https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.764384
► Arsenic contamination of drinking water is a serious public health issue in many areas of South and South East Asia. One study estimates that in…
(more)
▼ Arsenic contamination of drinking water is a serious public health issue in many areas of South and South East Asia. One study estimates that in Cambodia over 100,000 people are exposed, with the majority of those living in Kandal Province. In this thesis we present 3 original empirical studies focused on estimating nonmarket values for reduced arsenic risk water, based on primary data collected in May 2013. We also present a review paper which discusses the various economic techniques which have typically been used to estimate welfare values for cost-benefit analysis of mitigation strategies or appraisal of drinking water standards. The first empirical paper presents the results of a discrete choice experiment (DCE)to estimate willingness to pay (WTP) values for reduced arsenic water. We discuss the results of scale-extended latent class choice models and underlying differences in preferences and choice consistency. We find that a reduction in the permissible limit on arsenic in drinking water may best represent underlying household preferences for risk. The second empirical paper presents the results of a split sample choice experiment focusing on differences between money (WTP) and labour contributions (WTWork) as payment vehicles in terms of choice behaviour and attribute non-attendance. We find that the results from the two experiments are relatively consistent which reinforces our results from the previous chapter that focuses on WTP measures alone and adds credibility to the large numbers of DCEs conducted in rural areas of developing countries. The final empirical paper examines actual household behaviour relative to an arsenic testing and education campaign run by a local NGO. We find that the vast majority of households change their drinking water source upon being informed that it is unsafe. On average households that switch increase their expenditures. In doing so however they also reduce the amount of time spent collecting water which limits the use of expenditure changes as an approximation of welfare values.
Subjects/Keywords: 330; Arsenic; Health; Nonmarket valuation
Record Details
Similar Records
Cite
Share »
Record Details
Similar Records
Cite
« Share
❌
APA ·
Chicago ·
MLA ·
Vancouver ·
CSE |
Export
to Zotero / EndNote / Reference
Manager
APA (6th Edition):
Gibson, J. (2015). Economic evaluation of health risks in a developing country : the case of arsenic contaminated drinking water in Cambodia. (Doctoral Dissertation). University of Manchester. Retrieved from https://www.research.manchester.ac.uk/portal/en/theses/economic-evaluation-of-health-risks-in-a-developing-country-the-case-of-arsenic-contaminated-drinking-water-in-cambodia(d934a610-d90f-4989-99f3-4937e1076742).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.764384
Chicago Manual of Style (16th Edition):
Gibson, Jonathan. “Economic evaluation of health risks in a developing country : the case of arsenic contaminated drinking water in Cambodia.” 2015. Doctoral Dissertation, University of Manchester. Accessed January 22, 2021.
https://www.research.manchester.ac.uk/portal/en/theses/economic-evaluation-of-health-risks-in-a-developing-country-the-case-of-arsenic-contaminated-drinking-water-in-cambodia(d934a610-d90f-4989-99f3-4937e1076742).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.764384.
MLA Handbook (7th Edition):
Gibson, Jonathan. “Economic evaluation of health risks in a developing country : the case of arsenic contaminated drinking water in Cambodia.” 2015. Web. 22 Jan 2021.
Vancouver:
Gibson J. Economic evaluation of health risks in a developing country : the case of arsenic contaminated drinking water in Cambodia. [Internet] [Doctoral dissertation]. University of Manchester; 2015. [cited 2021 Jan 22].
Available from: https://www.research.manchester.ac.uk/portal/en/theses/economic-evaluation-of-health-risks-in-a-developing-country-the-case-of-arsenic-contaminated-drinking-water-in-cambodia(d934a610-d90f-4989-99f3-4937e1076742).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.764384.
Council of Science Editors:
Gibson J. Economic evaluation of health risks in a developing country : the case of arsenic contaminated drinking water in Cambodia. [Doctoral Dissertation]. University of Manchester; 2015. Available from: https://www.research.manchester.ac.uk/portal/en/theses/economic-evaluation-of-health-risks-in-a-developing-country-the-case-of-arsenic-contaminated-drinking-water-in-cambodia(d934a610-d90f-4989-99f3-4937e1076742).html ; https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.764384
◁ [1] [2] [3] [4] [5] … [79] ▶
. 
Open Access Theses and Dissertations