Инвестиционная оценка. Инструменты и методы оценки любых активов

Krallinger, J. C. 1997. Mergers and acquisitions: Managing the transaction. New York: McGraw-Hill.

Lewellen, W. G. 1971. A pure financial rationale for the conglomerate merger.

Journal of Finance 26:521–537.

Lindenberg, E., and M. P. Ross. 1999. To purchase or to pool: Does it matter?

Journal of Applied Corporate Finance 12:32–47.

Linn, S., and J. J. McConnell. 1983. An empirical investigation of the impact of anti-takeover amendments on common stock prices. Journal of Financial Economics 11:361–399.

Michel, A., and I. Shaked. 1984. Does business diversification affect performance?

Financial Management 13:5-14.

Mitchell, M. L., and K. Lehn. 1990. Do bad bidders make good targets? Journal of Applied Corporate Finance 3:60–69.

Myers, S. C., and N. S. Majluf. 1984. Corporate financing and investment decisions when firms have information that investors do not have. Journal of Financial Economics 13:187–221.

Nail, L. A., W. L. Megginson, and C. Maquieira. 1998. Wealth creation versus wealth redistributions in pure stock-for-stock mergers. Journal of Financial Economics 48:3-33.

Parrino, J. D., and R. S. Harris. Takeovers, management replacement and postacquisition operating performance: Some evidence from the 1980s. Journal of Applied Corporate Finance 11:88–97.

Roll, R. 1986. The hubris hypothesis of corporate takeovers. Journal of Business 59:197–216.

Sirower, M. L. 1996. The synergy trap. New York: Simon 8t Schuster.

Stapleton, R. C. 1985. A note on default risk, leverage and the MM theorem. Journal of Financial Economics 2:377–381.

Varadarajan, P. R., and V. Ramanujam. 1987. Diversification and performance: A reexamination using a new two-dimensional conceptualization of diversity in firms. Academy of Management Journal 30:369–380.

Weston, J. F., K. S. Chung, and J. A. Siu. 1998. Takeovers, restructuring and corporate governance. New York: Simon & Schuster.

Глава 26. ОЦЕНКА НЕДВИЖИМОСТИ

Fama, E. F., and G. W. Schwert. 1977. Asset returns and inflation. Journal of Financial Economics 5:115–146.

Ibbotson, R. G., and G. P. Brinson. 1993. Global investing. New York: McGraw-Hill.

Глава 27. ОЦЕНКА ПРОЧИХ АКТИВОВ

Mei, J., and M. Moses. 2001. Art as an investment and the underperformance of masterpieces: Evidence from 1875–2000. Working paper. Stern School of Business, New York University.

Глава 28. ОПЦИОН НА ОТСРОЧКУ И ВЫВОДЫ ДЛЯ ОЦЕНКИ

Avellaneda, M., and P. Lawrence. 2000. Quantitative modeling of derivative securities. New York: Chapman & Hall.

Brennan, M. J., and E. S. Schwartz. 1985. Evaluating natural resource investments.

Journal of Business 58:135–158.

Siegel, D., J. Smith, and J. Paddock. 1993. Valuing offshore oil properties with option pricing models. In The new corporate finance, ed. D. H. Chew Jr. New York: McGraw-Hill.

Глава 29. ОПЦИОНЫ НА РАСШИРЕНИЕ И НА ОТКАЗ: ВЫВОДЫ ДЛЯ ОЦЕНКИ

Amram, M., and N. Kulantilaka. 1998. Real options: Managing strategic investments in an uncertain world. New York: Oxford University Press.

Copeland, T. E., and V. Antikarov. 2001. Real options: A practitioners guide. New York: Texere.

Mauboussin, M. 1998. Get real. Credit Suisse First Boston.

Глава 30. ОЦЕНКА СОБСТВЕННОГО КАПИТАЛА ПРОБЛЕМНЫХ ФИРМ

Copeland, T. E., and V. Antikarov. 2001. Real options: A practitioners guide. New York: Texere.

Глава 31. УВЕЛИЧЕНИЕ СТОИМОСТИ: ГРАНИЦЫ ОЦЕНКИ ДИСКОНТИРОВАННЫХ ДЕНЕЖНЫХ ПОТОКОВ

Brickley, J., C. Smith, and J. Zimmerman. 1995. The economics of organizational architecture. Journal of Applied Corporate Finance 8:19–31.

Copeland, T. E., T. Koller, and J. Murrin. 1999. Valuation: Measuring and managing the value of companies. New York: John Wiley & Sons.

Damodaran, A. 1999. Value enhancement: Back to the future. Contemporary Finance Digest 3:2-47.

Fruhan, W. E. 1979. Financial strategy: Studies in the creation, transfer and destruction of shareholder value. Homewood, IL: Irwin.

Grant, R. M. 1998. Contemporary strategy analysis. Malden, MA: Blackwell.

Levin, R. C., A. K. Klevorick, R. R. Nelson, and S. G. Winter. 1987. Appropriating the returns from industrial research and development. Brookings Paper on Economic Activity.

McConnell, J. J., and C. J. Muscarella. 1985. Corporate capital expenditure decisions and the market value of the firm. Journal of Financial Economics 14:399–422.

Porter, M. E. 1980. Competitive strategy: Techniques for analyzing industries and competitors. New York: Free Press.

Rappaport, A. 1998. Creating shareholder value. New York: Free Press.

Schipper, K., and A. Smith. 1983. Effects of recontracting on shareholder wealth: The case of voluntary spin-offs. Journal of Financial Economics 12:437–468.