附註:Includes bibliographical references and index.
The outlook for equity values : stocks may underperform bonds in the twenty-first century / Austin Murphy -- How uncertain is firm valuation? / Dusan Mramor, Dejan Joksimovic, Elton McGoun -- Valuation : a case study of scientifically valuing Enron using the historical financial statements / Austin Murphy -- Was the writing on the wall for Enron? The importance of strategy analysis to financial analysts / Cynthia Miree, Arline Savage -- Financial analysts and Enron : asleep at the wheel? / Arline Savage, Cynthia Miree -- Prepaid forward and leasing contracts : a critical analysis of a potentially useful form of financing employed by Enron / Usamah A. Uthman -- A modern financial analysis of the Titanic disaster : a timeless case study of excessive risk-taking / Austin Murphy, Don Bloomquist -- A possible solution to excessive risk-taking : using stock ownership to maximize customer loyalty / Austin Murphy -- A critique of the Monday effect : beware of mechanical trading rules derived from empirical research in financial economics / Edwin D. Maberly, Raylene M. Pierce -- A financial analysis of the economic effects associated with having to reverse current-account deficits / Austin Murphy.
摘要:The recent stock market bubble of the late 1990s and subsequent crash has made people more aware of the need to conduct practical financial analysis. Practical financial economics, i.e., the application of financial theory to practical financial analysis, is explained here with respect to a number of different topics, with a focus on valuation. Largely normative (instead of being theoretical, empirical, or descriptive, as most academic work seems to be), yet solidly grounded in theory (instead of being ad hoc, as much purely practitioner work seems to be), this book represents a collection of.