Since 2014
THE VALUATION OF INITIAL SHARE PRICE USING THE FREE CASH FLOW TO FIRM METHOD AND THE REAL OPTION METHOD IN INDONESIA STOCK EXCHANGE
Journal of Management and Entrepreneurship
View Archive Info| Field | Value | |
| Title |
THE VALUATION OF INITIAL SHARE PRICE USING THE FREE CASH FLOW TO FIRM METHOD AND THE REAL OPTION METHOD IN INDONESIA STOCK EXCHANGE
|
|
| Creator |
Paramitha, Adhy Listya
Hartoyo, Sri Maulana, Nur Ahmad |
|
| Subject |
—
IPO, Free Cash Flow to Firm, Real Option |
|
| Description |
The purposes of this study were to determine fair share value, to analyze the factors that influence undervalue and overvalue, and to determine the best valuation method. This study made valuation using real options method and free cash flow to firm method. The results of partial logistic regression on Free Cash Flow to Firm showed that tenor variable and equity variable had positive and significant effects, while dummy variable had a negative and significant effect. In the real option model, tenor variable and implied volatility variable had positive and significant effects, while sheets of share variable had a negative and significant effect
|
|
| Publisher |
Institute of Research and Community Outreach - Petra Christian University
|
|
| Contributor |
—
|
|
| Date |
2014-02-17
|
|
| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
|
| Format |
application/pdf
|
|
| Identifier |
http://jurnalmanajemen.petra.ac.id/index.php/man/article/view/18881
10.9744/jmk.16.1.9-16 |
|
| Source |
Jurnal Manajemen dan Kewirausahaan; Vol 16, No 1 (2014): MARCH 2014; 9-16
1411-1438 |
|
| Language |
eng
|
|
| Relation |
http://jurnalmanajemen.petra.ac.id/index.php/man/article/view/18881/18561
|
|
| Coverage |
—
— — |
|