• DocumentCode
    2070976
  • Title

    Basis of Value Evaluation: A Comparative Study on the Value Correlations between Three Kinds of Cash Flows

  • Author

    Hong, Yao ; Yang, Wang

  • Author_Institution
    Sch. of Manage., Dalian Univ. of Technol. (DUT), Dalian, China
  • fYear
    2009
  • fDate
    20-22 Sept. 2009
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Cash flow is the basis of value evaluations of listed companies. Based on the complete sample data from the Shanghai and Shenzhen Stock Markets during the year 1998-2005, we compared the value correlations among CFO, FCF and TCF using pricing model and benefit model, and found the value correlation of CFO, and then analyzed the differences of the value correlation of cash flows in different years.
  • Keywords
    correlation methods; pricing; stock markets; value engineering; Shanghai-Shenzhen stock market; cash flow; listed company; pricing model; value correlation; value evaluation; Companies; Content management; Earth; Fluid flow measurement; Forward contracts; Investments; Pricing; Quality management; Stock markets; Technology management;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management and Service Science, 2009. MASS '09. International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-4638-4
  • Electronic_ISBN
    978-1-4244-4639-1
  • Type

    conf

  • DOI
    10.1109/ICMSS.2009.5300966
  • Filename
    5300966