1.
Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
Michael C. Jensen, A THEORY OF THE FIRM: GOVERNANCE, RESIDUAL CLAIMS AND ORGANIZATIONAL FORMS, Harvard University Press, December 2000, Journal of Financial Economics (JFE), Vol. 3, No. 4, 1976
Number of pages: 78
Posted: 19 Jul 1998
Last Revised: 18 May 2013
Accepted Paper Series
Harvard Business School and Simon School, University of Rochester (Deceased)
Downloads
131,501
2.
Company Valuation Methods
Number of pages: 18
Posted: 22 Jul 2001
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
62,437
3.
Agency Cost of Free Cash Flow, Corporate Finance, and Takeovers
American Economic Review, Vol. 76, No. 2, May 1986
Number of pages: 15
Posted: 25 Mar 1999
Accepted Paper Series
Harvard Business School
Downloads
44,623
4.
Valuing Companies by Cash Flow Discounting: Ten Methods and Nine Theories
EFMA 2002 London Meetings
Number of pages: 16
Posted: 14 May 2004
Last Revised: 28 May 2019
Accepted Paper Series
University of Navarra - IESE Business School
Downloads
36,852
5.
Value Based Management: Economic Value Added or Cash Value Added?
FWC AB Study No. 1997:3
Number of pages: 42
Posted: 05 Apr 1999
Working Paper Series
Weissenrieder & Co AB
Downloads
34,234
6.
Métodos de valoración de empresas (Company Valuation Methods)
Number of pages: 28
Posted: 15 Sep 2008
Last Revised: 13 Oct 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
26,663
7.
Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers
IESE Business School Working Paper No. WP-1059-E
Number of pages: 18
Posted: 16 Jun 2012
Last Revised: 12 Oct 2017
Working Paper Series
University of Navarra - IESE Business School, IESE Business School and IESE
Downloads
25,540
8.
Optimal Capital Allocation Using RAROC and EVA
Journal of Financial Intermediation, Forthcoming
Number of pages: 44
Posted: 11 Sep 1998
Accepted Paper Series
Vienna University of Economics and Business and Vienna University of Economics and Business
There are 2 versions of this paper
Optimal Capital Allocation Using RAROC and EVA
Journal of Financial Intermediation, Forthcoming
Number of pages: 44
Posted: 11 Sep 1998
Downloads
23,944
Optimal Capital Allocation Using Raroc and Eva
CEPR Discussion Paper No. 4169
Number of pages: 37
Posted: 19 Jan 2004
Downloads
61
Downloads
23,944
9.
WACC: Definition, Misconceptions and Errors
Number of pages: 8
Posted: 05 Jun 2010
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
23,331
10.
Índice Libro Valoración de Empresas y Sensatez (Company Valuation and Common Sense)
Number of pages: 7
Posted: 28 Jan 2013
Last Revised: 14 Oct 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
23,216
11.
Country Risk: Determinants, Measures and Implications - The 2015 Edition
Number of pages: 97
Posted: 15 Jul 2015
Last Revised: 01 Aug 2015
Working Paper Series
New York University - Stern School of Business
Downloads
22,455
12.
Three Residual Income Valuation Methods and Discounted Cash Flow Valuation
Number of pages: 12
Posted: 16 Jan 2002
Last Revised: 02 Jun 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
19,416
13.
The Worldwide Equity Premium: A Smaller Puzzle
Chapter 11 of R Mehra (Ed), Handbook of the Equity Risk Premium. Elsevier, 2008, pages 467–514, AFA 2008 New Orleans Meetings Paper; EFA 2006 Zurich Meetings Paper,
Number of pages: 41
Posted: 17 Mar 2006
Last Revised: 20 Mar 2016
Accepted Paper Series
University of Cambridge - Judge Business School, London Business School - Institute of Finance and Accounting and London Business School - Institute of Finance and Accounting
Downloads
18,451
14.
Ten Badly Explained Topics in Most Corporate Finance Books
Number of pages: 13
Posted: 28 Apr 2012
Last Revised: 12 Oct 2017
Working Paper Series
University of Navarra - IESE Business School
There are 2 versions of this paper
Ten Badly Explained Topics in Most Corporate Finance Books
Number of pages: 13
Posted: 28 Apr 2012
Last Revised: 12 Oct 2017
Downloads
18,013
Ten Badly Explained Topics in Most Corporate Finance Books
IESE Business School Working Paper No. 954
Number of pages: 15
Posted: 07 Jun 2012
Downloads
986
Downloads
18,013
15.
Valuation Using Multiples: Dispersion. Useful to compare and to negotiate
Number of pages: 13
Posted: 17 Jul 2001
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
17,614
16.
Market Risk Premium Used in 88 Countries in 2014: A Survey with 8,228 Answers
Number of pages: 18
Posted: 15 Jun 2014
Last Revised: 20 Jun 2014
Working Paper Series
University of Navarra - IESE Business School, University of Navarra, IESE Business School and University of Navarra - University of Navarra, Students
Downloads
17,308
17.
Venture Capital and Private Equity: A Course Overview
Number of pages: 48
Posted: 23 Apr 1998
Working Paper Series
Harvard Business School - Finance Unit
Downloads
17,289
18.
Valuation of Brands and Intellectual Capital
Number of pages: 19
Posted: 29 May 2001
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
16,533
19.
Valoración de empresas por descuento de flujos: 10 métodos y 7 teorías (Valuing Companies by Cash Flow Discounting: 10 Methods and 7 Theories)
Number of pages: 16
Posted: 12 Sep 2008
Last Revised: 13 Oct 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
15,997
20.
Cash Flow Is a Fact: Net Income Is Just an Opinion
Number of pages: 10
Posted: 25 Sep 2002
Last Revised: 02 Jun 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
15,964
21.
170 Errores en Valoraciones de Empresas (170 Errors in Company Valuations)
Number of pages: 47
Posted: 14 Feb 2007
Last Revised: 11 May 2017
Working Paper Series
University of Navarra - IESE Business School
Downloads
15,863
22.
EVA and Cash Value Added Do NOT Measure Shareholder Value Creation
Number of pages: 10
Posted: 05 Jun 2001
Last Revised: 02 Jun 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
15,242
23.
The Theory and Practice of Corporate Finance: Evidence from the Field
AFA 2001 New Orleans; Duke University Working Paper
Number of pages: 48
Posted: 12 Apr 2000
Working Paper Series
Duke University and Duke University - Fuqua School of Business
Downloads
14,545
24.
Valoración de Empresas por Descuento de Flujos: lo fundamental y las Complicaciones Innecesarias (Valuing Companies by Cash Flow Discounting: Fundamental Ideas and Unnecessary Complications)
Number of pages: 11
Posted: 23 Jun 2012
Last Revised: 13 Oct 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
14,482
25.
Optimal Capital Structure: Problems with the Harvard and Damodaran Approaches
Number of pages: 12
Posted: 22 May 2001
Last Revised: 02 Jun 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
14,077
26.
Return on Capital (ROC), Return on Invested Capital (ROIC) and Return on Equity (ROE): Measurement and Implications
Number of pages: 69
Posted: 26 Mar 2008
Last Revised: 29 May 2008
Working Paper Series
New York University - Stern School of Business
Downloads
13,825
27.
CAPM: An Absurd Model
Number of pages: 17
Posted: 07 Oct 2014
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
13,700
28.
119 Common Errors in Company Valuations
IESE Business School Working Paper No. 714
Number of pages: 27
Posted: 30 Oct 2007
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School and University of Navarra - IESE Business School
Downloads
13,498
29.
Risk Analysis in Investment Appraisal
Project Appraisal Journal, Vol. 9, No. 1, March 1994
Number of pages: 33
Posted: 24 Apr 2001
Last Revised: 27 Mar 2019
Accepted Paper Series
Queen's University - John Deutsch Institute for the Study of Economic Policy
Downloads
13,306
30.
The Equity Premium in 150 Textbooks
Number of pages: 24
Posted: 14 Sep 2009
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
13,303
31.
Equity Risk Premiums (ERP): Determinants, Estimation and Implications - The 2010 Edition
Number of pages: 89
Posted: 21 Feb 2010
Last Revised: 23 Aug 2010
Working Paper Series
New York University - Stern School of Business
Downloads
12,847
32.
WACC: definición, interpretaciones equivocadas y errores (WACC: Definition and Errors)
Number of pages: 9
Posted: 03 Jul 2010
Last Revised: 13 Oct 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
12,657
33.
How Do Venture Capitalists Make Decisions?
Stanford University Graduate School of Business Research Paper No. 16-33, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 477/2016
Number of pages: 95
Posted: 29 Jun 2016
Last Revised: 10 May 2017
Working Paper Series
Harvard Business School - Finance Unit, University of British Columbia (UBC) - Sauder School of Business, University of Chicago - Booth School of Business and Stanford University - Graduate School of Business
Downloads
12,583
34.
205 Preguntas y Respuestas sobre Finanzas (205 Questions on Finance) (Spanish)
Number of pages: 43
Posted: 29 May 2010
Last Revised: 09 Jan 2018
Working Paper Series
University of Navarra - IESE Business School
Downloads
11,777
35.
Valuing Companies by Cash Flow Discounting: Fundamental Relationships and Unnecessary Complications
IESE Business School Working Paper No. WP-1062-E
Number of pages: 14
Posted: 27 Jul 2012
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
11,583
36.
Prima de Riesgo del Mercado: Histórica, Esperada, Exigida e Implícita (Market Risk Premium: Historical, Expected, Required and Implied)
Number of pages: 22
Posted: 27 Apr 2006
Last Revised: 15 Oct 2019
Working Paper Series
University of Navarra - IESE Business School and London School of Economics & Political Science (LSE) - Department of Economics
Downloads
11,552
37.
Market Risk Premium and Risk-Free Rate used for 59 Countries in 2018: A Survey
Number of pages: 16
Posted: 23 Apr 2018
Working Paper Series
University of Navarra - IESE Business School, University of Navarra, IESE Business School and University of Navarra - University of Navarra, Students
Downloads
11,457
38.
Shareholder Value Creation: A Definition
Number of pages: 10
Posted: 30 May 2001
Last Revised: 02 Jun 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
11,351
39.
Valuing Real Options: Frequently Made Errors
Number of pages: 15
Posted: 20 Jul 2001
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
11,299
40.
Are Calculated Betas Good for Anything?
Number of pages: 22
Posted: 20 Feb 2004
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
11,203
41.
Valoracion de Marcas e Intangibles (Brand Valuation)
Number of pages: 24
Posted: 27 Mar 2007
Last Revised: 13 Oct 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
11,197
42.
Market Risk Premium and Risk Free Rate Used for 51 Countries in 2013: A Survey with 6,237 Answers
Number of pages: 19
Posted: 15 Jul 2006
Last Revised: 27 Jun 2013
Working Paper Series
University of Navarra - IESE Business School, IESE Business School and University of Navarra, IESE Business School
Downloads
10,860
43.
Performance Pay and Top Management Incentives
Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998
Number of pages: 50
Posted: 08 Mar 2001
Accepted Paper Series
University of Southern California - Marshall School of Business and Harvard Business School
Downloads
10,817
44.
Compensation and Incentives: Practice vs. Theory
Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998; Journal of Finance, Vol. 63, No. 3, pp. 593-616, July 1998
Number of pages: 38
Posted: 24 Sep 1998
Accepted Paper Series
HBS Negotiations, Organizations and Markets Unit, Harvard Business School and University of Southern California - Marshall School of Business
Downloads
10,779
45.
Equity Risk Premiums (ERP): Determinants, Estimation and Implications – The 2012 Edition
Number of pages: 107
Posted: 22 Mar 2012
Last Revised: 20 Apr 2012
Working Paper Series
New York University - Stern School of Business
Downloads
10,762
46.
What is the Riskfree Rate? A Search for the Basic Building Block
Number of pages: 33
Posted: 18 Dec 2008
Last Revised: 01 Jul 2009
Working Paper Series
New York University - Stern School of Business
Downloads
10,388
47.
Discounted Cash Flow Valuation Methods: Examples of Perpetuities, Constant Growth and General Case
Number of pages: 20
Posted: 14 Jun 2005
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
10,235
48.
Valoración y compra de RJR Nabisco (Valuation and Acquisition of RJR Nabisco)
Number of pages: 14
Posted: 17 Apr 2008
Last Revised: 17 Jan 2018
Working Paper Series
University of Navarra - IESE Business School
Downloads
10,109
49.
Equity Premium: Historical, Expected, Required and Implied
Number of pages: 25
Posted: 27 Sep 2006
Last Revised: 26 May 2019
Working Paper Series
University of Navarra - IESE Business School
Downloads
10,103
50.
Value Creation and its Measurement: A Critical Look at EVA
Cuadernos de Administración, No. 22, pp. 7-31, June 2000,
Number of pages: 41
Posted: 19 May 1999
Last Revised: 01 Apr 2009
Accepted Paper Series
Grupo Consultor CAV Capital Advisory & Valuation
Downloads
10,102
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