EDHEC

“Equity Valuation: Science, Art, or Craft?”

The Research Foundation of the CFA Institute has just published a research monograph co-authored by EDHEC Faculty member Frank J. Fabozzi, Sergio M. Focardi and Caroline Jonas. In this publication…
Reading time :
4 Jan 2018

The Research Foundation of the CFA Institute has just published a research monograph co-authored by EDHEC Faculty member Frank J. Fabozzi, Sergio M. Focardi and Caroline Jonas. 

In this publication entitled “Equity Valuation: Science, Art, or Craft?”, the authors point to the limits of widely used valuation techniques. The most important of these limits is the inability to forecast cash flows and to determine the appropriate discount rate. Another important limit is the inability to determine absolute value.

 

Abstract is available here

Other articles you may
be interested in

02.12.2022 - EDHEC
Watch the video of the 10th anniversary of the EDHEC Family Business Chair
On October 13, 2022, the chair dedicated to Family Business headed by Rania…

Read more

Vote up!

You voted ‘up’

Share
02.12.2022 - EDHEC BBA
Handicap management at EDHEC: guaranteeing an optimal student experience
Some 160 students at EDHEC received support related to their handicap during…

Read more

Vote up!

You voted ‘up’

Share