| Working Paper |
File Downloads |
Abstract Views |
| Last month |
3 months |
12 months |
Total |
Last month |
3 months |
12 months |
Total |
| 100 questions on finance |
0 |
0 |
2 |
340 |
0 |
2 |
5 |
382 |
| 102 errores en valoraciones de empresas |
0 |
0 |
1 |
339 |
0 |
1 |
4 |
704 |
| 110 common errors in company valuations |
0 |
1 |
33 |
1,167 |
5 |
9 |
63 |
1,744 |
| 120 errores en valoraciones de empresas |
0 |
0 |
2 |
467 |
3 |
5 |
26 |
1,044 |
| 160 preguntas sobre finanzas |
0 |
0 |
2 |
305 |
0 |
1 |
6 |
1,156 |
| 17 problemas de finanzas básicas resueltos y 307 respuestas erróneas |
0 |
0 |
2 |
287 |
1 |
2 |
9 |
1,213 |
| 201 preguntas sobre finanzas |
0 |
0 |
7 |
145 |
2 |
5 |
31 |
340 |
| 21 problemas sencillos de finanzas resueltos y 525 respuestas erróneas |
0 |
0 |
1 |
221 |
2 |
3 |
6 |
316 |
| 28 problemas sencillos de finanzas resueltos y 950 respuestas erróneas |
1 |
3 |
9 |
104 |
2 |
7 |
25 |
254 |
| 75 common and uncommon errors in company valuation |
0 |
0 |
0 |
1,027 |
1 |
2 |
13 |
1,843 |
| 80 common and uncommon errors in company valuation |
0 |
0 |
6 |
1,555 |
1 |
2 |
24 |
2,648 |
| A definition of shareholder value creation |
15 |
64 |
275 |
3,031 |
78 |
241 |
959 |
11,639 |
| A general formula for the WACC: A correction |
0 |
0 |
1 |
429 |
2 |
4 |
15 |
1,586 |
| A more realistic valuation: APV and WACC with constant book leverage ratio |
0 |
1 |
3 |
502 |
1 |
6 |
19 |
1,971 |
| Algunos swaps de tipos de interés |
0 |
0 |
1 |
29 |
0 |
1 |
4 |
95 |
| Are calculated betas good for anything? |
1 |
1 |
2 |
562 |
4 |
10 |
41 |
1,201 |
| BBVA: 1991-2007. Creación de valor y rentabilidad |
0 |
0 |
1 |
78 |
1 |
2 |
5 |
292 |
| Banco Santander: 1991-2007. Creación de valor y rentabilidad |
0 |
0 |
2 |
105 |
0 |
2 |
7 |
442 |
| Beneficio económico, EVA y creación de valor de empresas españolas (1991-1997) |
1 |
6 |
16 |
555 |
3 |
21 |
55 |
2,519 |
| Beta = 1 does a better job than calculated betas |
0 |
0 |
3 |
426 |
0 |
0 |
12 |
323 |
| Betas used by professors: A survey with 2,500 answers |
0 |
0 |
4 |
237 |
0 |
5 |
19 |
322 |
| Betas utilizadas por directivos y profesores europeos en 2009 |
0 |
0 |
0 |
64 |
0 |
1 |
4 |
146 |
| Bonos estructurados vendidos en España en los últimos años |
0 |
0 |
0 |
37 |
1 |
1 |
11 |
153 |
| Cash flow is cash and is a fact. Net income is just an opinion |
2 |
3 |
10 |
669 |
5 |
18 |
84 |
2,644 |
| Comments on "A reconsideration of tax shield valuation" by Enrique R. Arzac and Lawrence R. Glosten |
0 |
0 |
2 |
209 |
0 |
1 |
8 |
714 |
| Company valuation methods. The most common errors in valuations |
12 |
36 |
132 |
19,967 |
24 |
103 |
360 |
49,592 |
| Convertible bonds in Spain: A different security |
0 |
0 |
0 |
160 |
1 |
3 |
15 |
722 |
| Creación de valor para los accionistas de BBVA |
0 |
1 |
1 |
79 |
0 |
1 |
6 |
349 |
| Creación de valor para los accionistas de Bankinter |
0 |
0 |
0 |
89 |
0 |
1 |
2 |
513 |
| Creación de valor para los accionistas de Bankinter (1991-2006) |
0 |
0 |
0 |
38 |
0 |
2 |
5 |
238 |
| Creación de valor para los accionistas de Endesa |
0 |
0 |
0 |
75 |
1 |
2 |
4 |
613 |
| Creación de valor para los accionistas de Iberdrola |
0 |
0 |
2 |
70 |
0 |
5 |
14 |
402 |
| Creación de valor para los accionistas de Repsol |
0 |
0 |
0 |
74 |
1 |
3 |
7 |
365 |
| Creación de valor para los accionistas de Repsol. 1991-2006 |
0 |
1 |
3 |
44 |
0 |
3 |
10 |
170 |
| Creación de valor para los accionistas de Telefónica |
0 |
0 |
0 |
112 |
0 |
1 |
6 |
524 |
| Creación de valor para los accionistas de Unión Fenosa |
0 |
0 |
0 |
49 |
0 |
1 |
5 |
601 |
| Creación de valor para los accionistas de bancos españoles (1991-2006) |
0 |
0 |
0 |
78 |
0 |
2 |
4 |
207 |
| Creación de valor para los accionistas de las eléctricas españolas (1991-2006) |
0 |
0 |
0 |
52 |
1 |
2 |
3 |
145 |
| Creación de valor para los accionistas del Banco Popular |
0 |
0 |
0 |
51 |
0 |
1 |
2 |
349 |
| Creación de valor para los accionistas del Banco Santander |
0 |
0 |
1 |
94 |
0 |
0 |
2 |
604 |
| Derivados exóticos |
1 |
1 |
3 |
381 |
2 |
3 |
29 |
1,303 |
| Descensos de las cotizaciones de 154 empresas españolas. 1991-2008 |
0 |
0 |
0 |
17 |
1 |
2 |
4 |
112 |
| Descensos memorables en las cotizaciones: Telepizza y Boston Chicken |
0 |
0 |
1 |
84 |
0 |
1 |
3 |
286 |
| Discounted cash flow valuation methods: Examples of perpetuities, constant growth and general case |
2 |
2 |
5 |
2,522 |
2 |
6 |
30 |
9,073 |
| Divisas. Evolución y análisis de tipos de cambio (1980-1995) |
0 |
0 |
3 |
680 |
0 |
4 |
13 |
5,048 |
| Dos sentencias con tremendos errores sobre valoración |
0 |
0 |
2 |
101 |
0 |
0 |
6 |
401 |
| EVA, Economic profit and cash value added do NOT measure shareholder value creation |
0 |
0 |
5 |
3,635 |
0 |
11 |
67 |
12,416 |
| El peligro de utilizar betas calculadas |
0 |
0 |
1 |
166 |
3 |
7 |
24 |
527 |
| Eléctricas españolas: 1991-2007. Creación de valor y rentabilidad para los accionistas |
0 |
0 |
0 |
58 |
0 |
0 |
1 |
198 |
| Equity premium: Historical, expected, required and implied |
0 |
0 |
2 |
374 |
1 |
3 |
11 |
803 |
| Equivalence of ten different discounted cash flow valuation methods |
0 |
6 |
54 |
2,977 |
6 |
19 |
117 |
7,350 |
| Equivalence of ten different methods for valuing companies by cash flow discounting |
0 |
0 |
1 |
1,383 |
1 |
3 |
23 |
3,106 |
| Equivalence of the APV, WACC and flows to equity approaches to firm valuation |
0 |
2 |
5 |
1,613 |
0 |
5 |
21 |
5,399 |
| Equivalence of the different discounted cash flow valuation methods. Different alternatives for determining the discounted value of tax shields and their implications for the valuation |
0 |
0 |
2 |
1,325 |
0 |
2 |
11 |
4,563 |
| Euro Stoxx 50: 1997-2005. Shareholder value creation in Europe |
0 |
0 |
1 |
122 |
0 |
0 |
3 |
678 |
| EuroStoxx 50: 1997-2004. Shareholder value creation in Europe |
0 |
0 |
1 |
187 |
0 |
3 |
7 |
886 |
| Financial literature about discounted cash flow valuation |
1 |
1 |
9 |
1,137 |
4 |
6 |
41 |
2,412 |
| How to value a seasonal company by discounting cash flows |
0 |
1 |
2 |
595 |
2 |
6 |
21 |
1,727 |
| IBEX 35: 1991-2008. Rentabilidad y creación de valor |
0 |
0 |
0 |
80 |
0 |
1 |
4 |
486 |
| IBEX 35: 1991-2010. Rentabilidad y creación de valor |
0 |
0 |
1 |
79 |
0 |
0 |
7 |
324 |
| IBEX 35: 1992-2007 - Rentabilidad y creación de valor |
0 |
0 |
2 |
119 |
0 |
0 |
3 |
1,046 |
| Iberdrola: 1991-2007. Creación de valor y rentabilidad |
0 |
0 |
0 |
65 |
0 |
2 |
7 |
273 |
| Información privilegiada según un tribunal español |
0 |
0 |
0 |
36 |
0 |
0 |
0 |
125 |
| Initial public offerings (IPOs): The Spanish experience |
0 |
0 |
1 |
276 |
2 |
5 |
28 |
831 |
| Internet valuations: The case of Terra-Lycos |
0 |
2 |
22 |
574 |
0 |
3 |
27 |
1,072 |
| La insolvencia de Lehman Brothers en septiembre de 2008: Sobre su previsibilidad y sobre algunos "profetas a posteriori" |
0 |
0 |
1 |
53 |
0 |
2 |
6 |
135 |
| La prima de riesgo del mercado (market risk premium) |
1 |
7 |
29 |
861 |
22 |
101 |
405 |
5,309 |
| La prima de riesgo del mercado según 100 Libros |
0 |
1 |
2 |
110 |
0 |
1 |
5 |
604 |
| Las empresas españolas en 2007 (y en el periodo 1993-2007). Rentabilidad y creación de valor |
0 |
0 |
0 |
76 |
0 |
1 |
2 |
247 |
| Levered and unlevered Beta |
6 |
6 |
13 |
4,043 |
21 |
61 |
282 |
34,919 |
| Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers |
0 |
0 |
5 |
95 |
1 |
6 |
29 |
230 |
| Market risk premium used in 2008 by Professors: A survey with 1,400 answers |
0 |
0 |
1 |
161 |
0 |
2 |
4 |
432 |
| Market risk premium used in 2008: A survey of more than a 1,000 professors |
0 |
0 |
2 |
230 |
0 |
2 |
9 |
820 |
| Market risk premium used in 2010 by analysts and companies: A survey with 2.400 answers |
0 |
0 |
0 |
84 |
0 |
2 |
6 |
140 |
| Market risk premium used in 2010 by professors: A survey with 1,500 answers |
0 |
0 |
0 |
72 |
1 |
3 |
4 |
133 |
| Market risk premium used in 56 countries in 2011: A survey with 6,014 answers |
1 |
1 |
3 |
224 |
2 |
4 |
11 |
405 |
| Market risk premium: Required, historical and expected |
2 |
7 |
18 |
11,031 |
4 |
38 |
116 |
63,445 |
| Most common errors in company valuation |
0 |
0 |
2 |
732 |
0 |
1 |
10 |
1,246 |
| Métodos de valoración de empresas |
5 |
7 |
20 |
977 |
6 |
12 |
43 |
5,594 |
| On the instability of betas: The case of Spain |
2 |
4 |
9 |
384 |
3 |
5 |
15 |
895 |
| Optimal capital structure: Problems with the Harvard and Damodaran Approaches |
0 |
1 |
2 |
2,222 |
3 |
10 |
30 |
8,062 |
| Poor performance of mutual funds in Spain. 1991-2007 |
0 |
0 |
0 |
85 |
0 |
1 |
1 |
178 |
| Prima de Riesgo del Mercado: Histórica, Esperada, Exigida e Implícita |
0 |
1 |
7 |
139 |
0 |
1 |
12 |
491 |
| Prima de riesgo del mercado utilizada para España: Encuesta 2011 |
0 |
0 |
0 |
42 |
1 |
3 |
7 |
277 |
| Prima de riesgo del mercado utilizada: Encuesta 2008 |
0 |
0 |
0 |
61 |
0 |
0 |
1 |
333 |
| Ranking de gestoras de fondos de inversión en España. 1991-2010 |
0 |
0 |
2 |
81 |
0 |
2 |
10 |
318 |
| Ranking de gestoras de fondos de inversión en España. 1994-2009 |
0 |
1 |
2 |
114 |
0 |
2 |
7 |
574 |
| Ranking de gestoras de fondos de pensiones en España. 1990-2010 |
0 |
0 |
0 |
64 |
0 |
0 |
4 |
291 |
| Rentabilidad de los Fondos de Pensiones en España. 2001-2011 |
0 |
0 |
0 |
38 |
0 |
1 |
1 |
141 |
| Rentabilidad de los fondos de inversión de renta variable nacional en España (1991-2006) |
1 |
7 |
21 |
169 |
3 |
23 |
91 |
921 |
| Rentabilidad de los fondos de inversión en España. (1991-2006) |
0 |
0 |
1 |
66 |
0 |
1 |
5 |
277 |
| Rentabilidad de los fondos de inversión en España. 1991-2007 |
0 |
0 |
0 |
69 |
0 |
2 |
3 |
331 |
| Rentabilidad de los fondos de inversión en España. 1991-2008 |
0 |
0 |
0 |
50 |
0 |
1 |
5 |
187 |
| Rentabilidad de los fondos de inversión en España. 1991-2009 |
0 |
1 |
3 |
31 |
0 |
2 |
10 |
156 |
| Rentabilidad de los fondos de inversión en España. 2001-2011 |
1 |
1 |
7 |
34 |
1 |
6 |
24 |
102 |
| Rentabilidad de los fondos de pensiones en España. 1991-2007 |
0 |
2 |
2 |
157 |
0 |
3 |
5 |
641 |
| Rentabilidad de los fondos de pensiones en España. 1991-2008 |
0 |
0 |
0 |
33 |
0 |
2 |
3 |
154 |
| Rentabilidad de los fondos de pensiones en España. 2001-2011 |
0 |
0 |
0 |
9 |
0 |
2 |
4 |
49 |
| Rentabilidad y creación de valor de 125 empresas españolas en 2008 (hasta el 17 de septiembre) |
0 |
0 |
0 |
33 |
0 |
1 |
2 |
135 |
| Rentabilidad y creación de valor de 125 empresas españolas en 2009 |
0 |
0 |
0 |
37 |
0 |
0 |
0 |
154 |
| Rentabilidad y creación de valor de 125 empresas españolas en 2010 |
0 |
0 |
1 |
60 |
0 |
0 |
7 |
190 |
| Rentabilidad y creación de valor de 136 empresas españolas en 2008 |
0 |
0 |
0 |
0 |
0 |
2 |
5 |
115 |
| Rentabilidad y creación de valor de 136 empresas españolas en el primer semestre de 2009 y en 2008 |
0 |
0 |
0 |
20 |
0 |
0 |
2 |
92 |
| Rentabilidad y creación de valor de las empresas españolas en 2006 (y en el periodo 1993-2006) |
0 |
0 |
1 |
66 |
0 |
1 |
3 |
463 |
| Rentabilidad y creación de valor para los accionistas de las empresas españolas y del IBEX 35. 1992-2003 |
0 |
0 |
0 |
423 |
0 |
1 |
3 |
905 |
| Rentabilidad y creación de valor para los accionistas de las empresas españolas y del IBEX 35. 1993-2005 |
0 |
0 |
2 |
209 |
0 |
4 |
8 |
1,154 |
| Rentabilidad y creación de valor para los accionistas de las empresas españolas y del IBEX 35. 1993-2006 |
0 |
0 |
0 |
59 |
0 |
1 |
4 |
461 |
| Rentabilidad y creación de valor para los accionistas de las empresas españolas y del Ibex 35. 1992-2004 |
0 |
0 |
0 |
197 |
0 |
2 |
6 |
1,251 |
| Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields" |
0 |
0 |
0 |
179 |
1 |
3 |
5 |
491 |
| Reply to "The value of tax shields is equal to the present value of tax shields" |
0 |
0 |
2 |
175 |
1 |
2 |
10 |
440 |
| Shareholder value creation in Europe. Eurostoxx 50: 1997-2003 |
0 |
0 |
1 |
257 |
0 |
1 |
4 |
1,306 |
| Shareholder value creation of microsoft and GE |
0 |
0 |
6 |
927 |
3 |
8 |
32 |
3,149 |
| Shareholder value creators and shareholder value destroyers in Europe. Year 2002 |
0 |
0 |
1 |
200 |
2 |
4 |
10 |
483 |
| Shareholder value creators and shareholder value destroyers in USA. Year 2001 |
0 |
0 |
1 |
565 |
0 |
2 |
4 |
1,449 |
| Shareholder value creators and shareholder value destroyers in USA. Year 2002 |
0 |
0 |
1 |
386 |
2 |
4 |
9 |
1,128 |
| Shareholder value creators in the Dow Jones: Year 2008 |
0 |
0 |
0 |
79 |
0 |
0 |
4 |
163 |
| Shareholder value creators in the S&P 500: 1991-2010 |
0 |
0 |
1 |
93 |
1 |
2 |
4 |
176 |
| Shareholder value creators in the S&P 500: Year 2003 |
0 |
0 |
0 |
193 |
0 |
4 |
5 |
703 |
| Shareholder value creators in the S&P 500: Year 2004 |
0 |
0 |
0 |
181 |
0 |
1 |
4 |
780 |
| Telefónica: 1991-2007. Creación de valor y rentabilidad |
0 |
0 |
1 |
58 |
0 |
0 |
3 |
310 |
| Telefónica: 1991-2010. Creación de valor y rentabilidad |
0 |
0 |
0 |
59 |
0 |
0 |
2 |
175 |
| Ten badly explained topics in most corporate finance books |
1 |
1 |
3 |
156 |
1 |
4 |
10 |
262 |
| The correct value of tax shields: An analysis of 23 theories |
0 |
1 |
2 |
306 |
1 |
4 |
14 |
671 |
| The equity premium in 100 textbooks |
0 |
0 |
0 |
157 |
1 |
2 |
2 |
352 |
| The equity premium in 150 textbooks |
0 |
1 |
3 |
172 |
0 |
3 |
10 |
265 |
| The equity premium in finance and valuation textbooks |
0 |
0 |
0 |
112 |
0 |
3 |
4 |
275 |
| The equity premium in finance and valuation textbooks |
0 |
0 |
1 |
222 |
0 |
0 |
1 |
569 |
| The equity premium puzzle: High required equity premium, undervaluation and self fulfilling prophecy |
0 |
0 |
2 |
116 |
5 |
9 |
33 |
396 |
| The value of tax shields depends only on the net increases of debt |
0 |
1 |
2 |
146 |
0 |
3 |
4 |
363 |
| The value of tax shields is not equal to the present value of tax shields |
0 |
0 |
1 |
789 |
2 |
4 |
17 |
5,389 |
| The value of tax shields is not equal to the present value of tax shields: A correction |
1 |
2 |
2 |
233 |
1 |
3 |
5 |
532 |
| The value of tax shields with a fixed book-value leverage ratio |
0 |
0 |
0 |
177 |
0 |
2 |
4 |
655 |
| Three residual income valuation methods and discounted cash flow valuation |
1 |
9 |
53 |
4,384 |
6 |
23 |
97 |
14,517 |
| Tres sentencias con tremendos errores sobre valoración |
0 |
0 |
2 |
81 |
0 |
1 |
6 |
216 |
| US market risk premium used in 2011 by professors, analysts and companies: A survey with 5.731 answers |
0 |
0 |
0 |
160 |
0 |
1 |
3 |
186 |
| Valoración de empresas por descuento de flujos: Diez métodos y siete teorías |
2 |
3 |
8 |
518 |
5 |
11 |
29 |
1,751 |
| Valoración de marcas e intangibles |
1 |
2 |
3 |
431 |
2 |
12 |
35 |
1,867 |
| Valoración de opciones por simulación |
1 |
2 |
2 |
550 |
1 |
2 |
8 |
1,720 |
| Valoración de opciones reales: Dificultades, problemas y errores |
0 |
0 |
3 |
316 |
0 |
2 |
17 |
1,329 |
| Valuation of an Expropriated Company: the Case of YPF and Repsol in Argentina |
0 |
0 |
0 |
21 |
1 |
3 |
12 |
91 |
| Valuation of brands and intellectual capital |
1 |
3 |
12 |
2,957 |
3 |
13 |
37 |
6,225 |
| Valuation using multiples. How do analysts reach their conclusions? |
6 |
18 |
69 |
4,353 |
18 |
54 |
173 |
11,405 |
| Value of tax shields and the risk of the net increase of debt, The. Year 2004 |
0 |
0 |
0 |
230 |
1 |
2 |
7 |
737 |
| Valuing Companies by Cash Flow Discounting: Fundamental Relationships and Unnecessary Complications |
0 |
0 |
5 |
113 |
1 |
1 |
10 |
207 |
| Valuing companies by cash flow discounting: Ten methods and nine theories |
0 |
0 |
4 |
5,574 |
3 |
7 |
25 |
12,508 |
| Valuing companies with a fixed book-value leverage ratio |
0 |
1 |
1 |
310 |
2 |
3 |
6 |
1,385 |
| Valuing real options: frequently made errors |
0 |
0 |
1 |
1,382 |
2 |
2 |
9 |
2,699 |
| Volatilidades, betas y alfas de empresas españolas. Periodos 1990-1996 y 1986-1989 |
0 |
0 |
0 |
464 |
0 |
4 |
9 |
2,436 |
| WACC: Definition, misconceptions and errors |
1 |
7 |
43 |
648 |
5 |
15 |
104 |
1,119 |
| Total Working Papers |
70 |
230 |
1,039 |
104,639 |
303 |
1,113 |
4,405 |
365,367 |
LogEc is hosted by the
Örebro University School of Business.