Инвестиционная оценка. Инструменты и методы оценки любых активов - Асват Дамодаран

Journal of Applied Corporate Finance 12:32–47.

Linn, S., and J. J. McConnell. 1983. An empirical investigation of the impact of anti-takeover amendments on common stock prices. Journal of Financial Economics 11:361–399.

Michel, A., and I. Shaked. 1984. Does business diversification affect performance?

Financial Management 13:5-14.

Mitchell, M. L., and K. Lehn. 1990. Do bad bidders make good targets? Journal of Applied Corporate Finance 3:60–69.

Myers, S. C., and N. S. Majluf. 1984. Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics 13:187–221.

Nail, L. A., W. L. Megginson, and C. Maquieira. 1998. Wealth creation versus wealth redistributions in pure stock-for-stock mergers. Journal of Financial Economics 48:3-33.

Parrino, J. D., and R. S. Harris. Takeovers, management replacement and postacquisition operating performance: Some evidence from the 1980s. Journal of Applied Corporate Finance 11:88–97.

Roll, R. 1986. The hubris hypothesis of corporate takeovers. Journal of Business 59:197–216.

Sirower, M. L. 1996. The synergy trap. New York: Simon 8t Schuster.

Stapleton, R. C. 1985. A note on default risk, leverage and the MM theorem. Journal of Financial Economics 2:377–381.

Varadarajan, P. R., and V. Ramanujam. 1987. Diversification and performance: A reexamination using a new two-dimensional conceptualization of diversity in firms. Academy of Management Journal 30:369–380.

Weston, J. F., K. S. Chung, and J. A. Siu. 1998. Takeovers, restructuring and corporate governance. New York: Simon & Schuster.

Глава 26. ОЦЕНКА НЕДВИЖИМОСТИ

Fama, E. F., and G. W. Schwert. 1977. Asset returns and inflation. Journal of Financial Economics 5:115–146.

Ibbotson, R. G., and G. P. Brinson. 1993. Global investing. New York: McGraw-Hill.

Глава 27. ОЦЕНКА ПРОЧИХ АКТИВОВ

Mei, J., and M. Moses. 2001. Art as an investment and the underperformance of masterpieces: Evidence from 1875–2000. Working paper. Stern School of Business, New York University.

Глава 28. ОПЦИОН НА ОТСРОЧКУ И ВЫВОДЫ ДЛЯ ОЦЕНКИ

Avellaneda, M., and P. Lawrence. 2000. Quantitative modeling of derivative securities. New York: Chapman & Hall.

Brennan, M. J., and E. S. Schwartz. 1985. Evaluating natural resource investments.

Journal of Business 58:135–158.

Siegel, D., J. Smith, and J. Paddock. 1993. Valuing offshore oil properties with option pricing models. In The new corporate finance, ed. D. H. Chew Jr. New York: McGraw-Hill.

Глава 29. ОПЦИОНЫ НА РАСШИРЕНИЕ И НА ОТКАЗ: ВЫВОДЫ ДЛЯ ОЦЕНКИ

Amram, M., and N. Kulantilaka. 1998. Real options: Managing strategic investments in an uncertain world. New York: Oxford University Press.

Copeland, T. E., and V. Antikarov. 2001. Real options: A practitioners guide. New York: Texere.

Mauboussin, M. 1998. Get real. Credit Suisse First Boston.

Глава 30. ОЦЕНКА СОБСТВЕННОГО КАПИТАЛА ПРОБЛЕМНЫХ ФИРМ

Copeland, T. E., and V. Antikarov. 2001. Real options: A practitioners guide. New York: Texere.

Глава 31. УВЕЛИЧЕНИЕ СТОИМОСТИ: ГРАНИЦЫ ОЦЕНКИ ДИСКОНТИРОВАННЫХ ДЕНЕЖНЫХ ПОТОКОВ

Brickley, J., C. Smith, and J. Zimmerman. 1995. The economics of organizational architecture. Journal of Applied Corporate Finance 8:19–31.

Copeland, T. E., T. Koller, and J. Murrin. 1999. Valuation: Measuring and managing the value of companies. New York: John Wiley & Sons.

Damodaran, A. 1999. Value enhancement: Back to the future. Contemporary Finance Digest 3:2-47.

Fruhan, W. E. 1979. Financial strategy: Studies in the creation, transfer and destruction of shareholder value. Homewood, IL: Irwin.

Grant, R. M. 1998. Contemporary strategy analysis. Malden, MA: Blackwell.

Levin, R. C., A. K. Klevorick, R. R. Nelson, and S. G. Winter. 1987. Appropriating the returns from industrial research and development. Brookings Paper on Economic Activity.

McConnell, J. J., and C. J. Muscarella. 1985. Corporate capital expenditure decisions and the market value of the firm. Journal of Financial Economics 14:399–422.

Porter, M. E. 1980. Competitive strategy: Techniques for analyzing industries and competitors. New York: Free Press.

Rappaport, A. 1998. Creating shareholder value. New York: Free Press.

Schipper, K., and A. Smith. 1983. Effects of recontracting on shareholder wealth: The case of voluntary spin-offs. Journal of Financial Economics 12:437–468.

Schipper, K., and A. Smith. 1986. A comparison of equity carve-outs and seasoned equity offerings: Share price effects and corporate restructuring. Journal of Financial Economics 15:153–186.

Shapiro, A. 1985. Corporate strategy and the capital budgeting decision. Midland Corporate Finance Journal 3:22–36.

Shapiro, A. 1989. Modern corporate finance. New York: Macmillan.

Stulz, R. 1996. Does the cost of capital differ across countries? An agency perspective. European Financial Management 2:11–22.

Weston, J. E, and T. E. Copeland. 1992. Managerial finance, 9th ed. Orlando, FL: Harcourt Brace Jovanovich.

Woolridge, R. 1993. Competitive decline and corporate restructuring. In The new

corporate finance, ed. D. H. Chew Jr. New York: McGraw-Hill.

Глава 32. УВЕЛИЧЕНИЕ СТОИМОСТИ: EVA, CFROI И ПРОЧИЕ ИНСТРУМЕНТЫ

Bernstein, R. 1997. EVA and market returns. Quantitative Viewpoint, Merrill Lynch, December 19, 1997.

Bernstein, R. 1997. EVA and market returns. Quantitative Viewpoint, Merrill Lynch, February 3, 1998.

Brickley, J., C. Smith, and J. Zimmerman. 1995. Transfer pricing and the control of internal corporate transactions. Journal of Applied Corporate Finance 8(2):60–67.

Damodaran, A. 1999. Value enhancement: Back to the future. Contemporary Finance Digest 3:2-47.

Ehrbar, A. 1998. EVA: The real key to creating wealth. New York: John Wiley & Sons.

Kramer, J. R., and G. Pushner. 1997. An empirical analysis of economic value added as a proxy for market value added. Financial Practice and Education 7:41–49. Madden, B. L. 1998. CFROI cash flow return on investment valuation: A total system approach to valuing a firm. Woburn, MA: Butterworth-Heinemann.

O’Byrne, S. F. 1996. EVA and market value. Journal of Applied Corporate Finance 9(1):116–125.

O’Byrne, S. F., and S. D. Young. 2000. EVA and value-based management. New York: McGraw-Hill.

Stewart, G. B. 1991. The quest for value. New York: HarperBusiness.

Stulz, R. 1996. Rethinking risk management. Journal of Applied Corporate Finance 9(3):8-24.

Глава 33. ОЦЕНКА ОБЛИГАЦИЙ

Altman, E. I., and V. Kishore. 2000. The default experience of U.S. bonds. Working paper. Salomon Center, New York University.

Atkinson, T. R. 1967. Trends in corporate bond quality. Cambridge, MA: National Bureau