Comparative analysis of DCF,DDM,and DGM

• Sigeo, Aoki

• 青木, 茂男

Bibliographic Information

Other Title

• 企業価値評価モデルDCF,DDM,DGMの比較検討
• キギョウ カチ ヒョウカ モデル DCF,DDM,DGM ノ ヒカク ケントウ

Abstract

110009528162

Although the values of DCF, DDM, and RIM should be theoretically equal under a perfect market and clean surplus accounting, differences are observed in their actual values and stock relevance. This paper discusses DGM, which is a developed model of DDM, by using the MM theory, and compared the values and stock relevance of DCF, DGM, and DDM. It concluded that the values were greatest in order of DCF, DGM, and DDM, and that of stock relevance were DDM, DCF, and DGM.

Journal

• Journal of Ibaraki Christian College. I, Humanities, II, Social and natural sciences

  Journal of Ibaraki Christian College. I, Humanities, II, Social and natural sciences 46 187-197, 2012

  茨城キリスト教大学

Details

• CRID: 1050845762548108544
• NII Article ID: 110009528162
• NII Book ID: AN10587457
• ISSN: 13426370
• NDL BIB ID: 025542916
• Web Site: https://ic.repo.nii.ac.jp/records/18
• Web Site: http://id.ndl.go.jp/bib/025542916
• Web Site: https://ndlsearch.ndl.go.jp/books/R000000004-I025542916
• Text Lang: ja
• Article Type: departmental bulletin paper
• Data Source:
  • IRDB
  • NDL
  • CiNii Articles
  • KAKEN