2021•International Journal of Sustainable EconomyRequires access
The residual income model cannot challenge the discounted cash flow method in stock valuations - An analysis of global manufacturing and service companies
Edina Cziglerné Erb, András Takács
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Abstract
The residual income model (RIM) exists in the literature as a theoretical concept for almost a hundred years, however, it could never match the popularity and relevance of the discounted cash flow ...