Equity valuation and negative earnings the case of the dot.com bubble /

Building upon Feltham and Ohlson models, this book examines positive loss-earnings within the context of the dot.com bubble during the boom years of the late 1990s bull market. The strong demand for equity financing captured the imagination of investors from Europe and U.S. like never before. With a...

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Main Author: Gama, Ana Paula Matias,
Other Authors: Segura, Liliane Cristina,, Milani Filho, Marco Antonio Figueiredo,, SpringerLink (Online service)
Format: eBook
Language: English
Published: Singapore : Springer Nature, 2017.
Physical Description: 1 online resource : illustrations.
Series: Accounting, finance, sustainability, governance & fraud.
Subjects:
Summary: Building upon Feltham and Ohlson models, this book examines positive loss-earnings within the context of the dot.com bubble during the boom years of the late 1990s bull market. The strong demand for equity financing captured the imagination of investors from Europe and U.S. like never before. With a focus on U.S. Internet companies, the book explores both the birth and the death of the new economy, and how negative earnings and losses still garnered large investments and successful IPOs (Initial Public Offerings). As Internet based ventures and the digital economy keep attracting large amounts of equity financing, this book explains that there is something unique in the valuation and pricing of tech companies. The book was written for corporate financiers, capital market professionals, and academics to further their understanding of equity valuation and the effects of equity trading.
Item Description: Includes bibliographical references.
Chapter 1: Introduction -- Chapter 2:The Models of Feltham Ohlson and Ohlson -- Chapter 3: Definition of Period Examine of CRiteRIOS of Selection OF Lovestras and Definition of Variables -- Chapter 4: Methodology -- Chapter 5: Analysis and Discussion of Results -- Chapter 6: Conclusions and Suggestions for Future Research.
Building upon Feltham and Ohlson models, this book examines positive loss-earnings within the context of the dot.com bubble during the boom years of the late 1990s bull market. The strong demand for equity financing captured the imagination of investors from Europe and U.S. like never before. With a focus on U.S. Internet companies, the book explores both the birth and the death of the new economy, and how negative earnings and losses still garnered large investments and successful IPOs (Initial Public Offerings). As Internet based ventures and the digital economy keep attracting large amounts of equity financing, this book explains that there is something unique in the valuation and pricing of tech companies. The book was written for corporate financiers, capital market professionals, and academics to further their understanding of equity valuation and the effects of equity trading.
Physical Description: 1 online resource : illustrations.
Bibliography: Includes bibliographical references.
ISBN: 9789811030093
981103009X