Publisher's Synopsis
Research in Finance seeks to provide a collection of quality
research articles that reflect the current and primary issues in
financial markets. Contributions include finance theory and financial
practice, plus accounting issues such as reporting derivatives
positions, reflecting intangible holdings, or predicting financial
distress.
The broad theme of this volume of Research in Finance is "Comparing the Influence upon Equity Valuation of Strategy Compared with Cash Flow Expectations." Contributions assess the strong role of strategy in equity valuation, compared with valuation of expected dividends. We also see new evidence about the triggers for financial distress in emerging countries.