Splitting up value: a critical review of residual income theories

DOI10.1016/J.EJOR.2008.09.018zbMath1163.91415OpenAlexW3022778600MaRDI QIDQ1027574

Carlo Alberto Magni

Publication date: 30 June 2009

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/10506/1/MPRA_paper_10506.pdf

zbMATH Keywords

investment analysismanagementfinancenet present valueperformance measurementcounterfactualeconomicsresidual incomeopportunity costaccountingexcess profit

Mathematics Subject Classification ID

Related Items (8)

Investment, financing and the role of ROA and WACC in value creation ⋮ Capital depreciation and the underdetermination of rate of return: a unifying perspective ⋮ The attribution matrix and the joint use of finite change sensitivity index and residual income for value-based performance measurement ⋮ Literature reviews in operations research: a new taxonomy and a meta review ⋮ Consistency between principal and agent with differing time horizons: computing incentives under risk ⋮ Economic profitability and (non)additivity of residual income ⋮ Residual income and value creation: an investigation into the lost-capital paradigm ⋮ Axiomatization of residual income and generation of financial securities

Cites Work

• Unnamed Item
• Correct or incorrect application of CAPM? Correct or incorrect decisions with CAPM?
• On the comparison between the APV and the NPV computed via the WACC
• On decomposing net final values: EVA, SVA and shadow project
• The Bargaining Problem
• Incentives for Efficient Inventory Management: The Role of Historical Cost
• On the decomposition of stochastic discounted cash flows
• The General Theory of Employment, Interest, and Money
• Un metodo di valutazione di un portafoglio assicurativo vita
• Mathematical Analysis of Rates of Return Under Certainty
• Fuzzy sets

This page was built for publication: Splitting up value: a critical review of residual income theories