Open AccessTopics In Finance Part IV - Valuation
Author(s) -
Judy Laux
Publication year - 2010
Publication title -
american journal of business education
Language(s) - English
Resource type - Journals
eISSN - 1942-2512
pISSN - 1942-2504
DOI - 10.19030/ajbe.v3i9.473
Subject(s) - valuation (finance) , creditor , shareholder , business , actuarial science , financial economics , finance , bond , utility maximization , economics , accounting , debt , corporate governance , mathematical economics
This article looks at security valuation from the perspective of the financial manager, accenting the relationships to stockholder wealth maximization (SWM), risk and return, and potential agency problems. It also covers some of the pertinent literature related to how investors and creditors price the stocks and bonds of corporations.