书目名称 | Investor Expectations in Value Based Management |
副标题 | Translated by Klemen |
编辑 | Magdalena Mikołajek-Gocejna |
视频video | http://file.papertrans.cn/476/475026/475026.mp4 |
概述 | Explains the process of shaping investor expectations on capital markets including some motivational and cognitive tendencies of investors‘ thinking.Contains first research of correlations between inf |
图书封面 |  |
描述 | Understanding the process of shaping investor expectations is essential to describe and predict changes in the value of assets on the financial markets, especially stock prices on the capital markets and thus the value of companies listed on them. The main objective of this book is to include the investor expectations in the concept of enterprise value management and measurement of shareholders value creation. It seems that the role of expectations, as a determinant of investment decisions on the capital market, requires a deep insight and highlight the importance of managing the expectations for creating value for shareholders, in particular in the context of the financial crisis of 2007-2009. Creating value for shareholders is to overcome investor expectations for the rate of return on their initial investment. That means that managers must understand how investors build their expectations. According to studies conducted by T. Copeland and A. Dolgoff‘a there is a strong and statistically significant relation between the shareholders returns and the two types of variables: changes in expectations for the future earnings and changes in the level of interference of provided informat |
出版日期 | Book 2014 |
关键词 | Expectation Management; Information Asymmetry; Informational Efficiency; Investor expectations; Surplus |
版次 | 1 |
doi | https://doi.org/10.1007/978-3-319-06847-3 |
isbn_softcover | 978-3-319-35781-2 |
isbn_ebook | 978-3-319-06847-3 |
copyright | Springer International Publishing Switzerland 2014 |