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Franchise Value and the Price/Earnings Ratio (The Research Foundation of AIMR and Blackwell Series in Finance)
Franchise Value and the Price/Earnings Ratio - The Research Foundation of AIMR and Blackwell Series in Finance
Author: Martin L. Leibowitz, Stanley Kogelman
This monograph develops the franchise value approach to analyzing the prospective cash flows that determine a company's price-to-earnings ratio. The franchise factor model retains the simplicity and intuitive appeal of the dividend discount model, but it offers the advantages of flexibility in application and insight into the components of P/E g...  more »
ISBN-13: 9780943205212
ISBN-10: 0943205212
Pages: 241
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Publisher: Research Foundation of AIMR & Blackwell Publishers
Book Type: Paperback
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