| dc.contributor.author | Janas, Krzysztof | |
| dc.contributor.editor | Urbanek, Piotr | |
| dc.date.accessioned | 2016-06-21T08:48:18Z | |
| dc.date.available | 2016-06-21T08:48:18Z | |
| dc.date.issued | 2016 | |
| dc.identifier.citation | K. Janas, One-off events in the market comparison method, [in:] Economy Today. An Interdisciplinary Approach to Contemporary Economic Challenges, ed. P. Urbanek, Ser. “Economy”, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2016, p. 169–186. | pl_PL |
| dc.identifier.isbn | 978-83-8088-012-2 | |
| dc.identifier.uri | http://hdl.handle.net/11089/18466 | |
| dc.description | The book fits into a multidisciplinary research approach. The articles are the result of research conducted by eminent international economists, authors representing academic centres in different countries. The articles address current phenomena observed in the global economy. The authors do not aspire to comprehensively explain all the very complex and multi-dimensional economic developments, but illustrate many of these phenomena in an original way. The multi-threaded and multi-dimensional nature of the discussion in particular articles deserves attention. These include theoretical and methodological articles as well as the results of empirical research presented by the authors. The book is addressed to those persons interested in issues of economics, finance, regional economy, and the management sciences. It can be valuable for economic practitioners, members of management and supervisory boards of companies, and financial analysts, and the articles may also be useful for academicians and students. | pl_PL |
| dc.description.abstract | The aim of the article One-off events in the market comparison method
is to focus on one-off events occurring in public companies on the
basis of which ratios are calculated to estimate companies’ value by the
market comparison method. The author of the publication tries also
to answer how these events should be taken into account in the calculation
of market multiples. In the first part of the paper, single economic
events are defined, the occurrence of which causes significant
changes in the underlying indicators. With the aid of examples from
the Polish capital market it is shown what influences the final result of
the estimation of the value of a company. Based on a critical review of
practical approaches to consider the one-off events in the comparative
method and based on the simulation of the variability of the final result
of the valuation depending on the adopted approach, the author presents a solution to the problem approached in the article. The presented
work is an especially important topic from a practical point of
view. It complements the company valuation theories in the field of
application of the method of market comparisons for estimating the
value of the company. | pl_PL |
| dc.language.iso | en | pl_PL |
| dc.publisher | Wydawnictwo Uniwersytetu Łódzkiego | pl_PL |
| dc.relation.ispartof | “Economy Today. An Interdisciplinary Approach to Contemporary Economic Challenges”, ed. P. Urbanek, Ser. “Economy”, Wydawnictwo Uniwersytetu Łódzkiego, Łódź 2016; | |
| dc.title | One-off events in the market comparison method | pl_PL |
| dc.type | Book chapter | pl_PL |
| dc.rights.holder | © Copyright by Krzysztof Janas, Łódź 2016; © Copyright for this edition by Uniwersytet Łódzki, Łódź 2016 | pl_PL |
| dc.page.number | [169]–186 | pl_PL |
| dc.contributor.authorAffiliation | Institute of Statistics and Demography, Department of statistical methods, University of Lodz. | pl_PL |
| dc.identifier.eisbn | 978-83-8088-013-9 | |
| dc.references | Byrka-Kita K. (2013), Dylematy szacowania premii z tytułu kontroli w wycenie przedsiębiorstwa, CeDeWu, Warszawa. | pl_PL |
| dc.references | Dunal P. (2014), Rynkowe metody wyceny przedsiębiorstw, (in:) Future of Finance. Część II. Przyszłość finansów przedsiębiorstw i ubezpieczeń, “Folia Oeconomica”, Vol. 2, No. 300. | pl_PL |
| dc.references | English J.R. (2001), Applied Equity Analysis, McGraw-Hill, New York. | pl_PL |
| dc.references | Fama E.F. (1970), Efficient capital market: A review of theory and empirical work, “Journal of Finance”, Vol. 25, p. 383–417. | pl_PL |
| dc.references | Głębocki M., Grudziński M., Kundera M., Sylwestrzak M. (2011), Studium metodyki wyceny przedsiębiorstw stosowanej w rekomendacjach giełdowych, Zeszyty Naukowe Uniwersytetu Szczecińskiego No. 639, Finanse, Rynki Finansowe, Ubezpieczenia No. 37, Szczecin. | pl_PL |
| dc.references | Hirschleifer J. (1965), Investment Decision under Uncertanity: Choice – Theoretic Approaches, “Quarterly Journal of Economics”, Vol. LXXIX, November, No. 4. | pl_PL |
| dc.references | Jajuga K., Jajuga T. (2006), Inwestycje. Instrumenty finansowe, ryzyko finansowe, inżynieria finansowa, Polskie Wydawnictwo Naukowe PWN, Warszawa. | pl_PL |
| dc.references | Jajuga K. (2007), Zarządzanie ryzykiem, Polskie Wydawnictwo Naukowe PWN, Warszawa. | pl_PL |
| dc.references | Jajuga K. (2006), Akcje i instrumenty pochodne, Seria Anatomia sukcesu. Instytucje i zasady funkcjonowania rynku kapitałowego, Fundacja Edukacji Rynku Kapitałowego, Warszawa. | pl_PL |
| dc.references | Kachniewski M., Majewski B., Wasilewski P. (2008), Rynek kapitałowy i giełda papierów wartościowych, Fundacja Edukacji Rynku Kapitałowego, Warszawa. | pl_PL |
| dc.references | Kamela-Sowińska A. (2006), Wycena przedsiębiorstw i ich mienia, Wyższa Szkoła Handlu i Rachunkowości, Poznań. | pl_PL |
| dc.references | Malewicz A. (1993), Zarządzanie finansami w przedsiębiorstwach państwowych i spółkach, cz. 1: Sprawozdawczość i analiza finansowa, zarządzanie kapitałem, IOiZwP “Orgmasz”, Warszawa. | pl_PL |
| dc.references | Nowak M. (2010), Wycena przedsiębiorstw, Centrum Edukacji Ekspert, Warszawa. | pl_PL |
| dc.references | Panfil M. (2009), Wycena biznesu w praktyce, Poltext, Warszawa. | pl_PL |
| dc.references | Sieben G., Löcherbach G., Matschke M.J. (1974), Bewertungstheorie, (in:) E. Grochla, W. Wittmann (eds.), Handwörterbuch der Betriebswirtschaft, Band 1, 4, Stuttgart, sp. 841–845. | pl_PL |
| dc.references | Sudarsanam S. (1999), Fuzje i przejęcia, WIG-Press, Warszawa. | pl_PL |
| dc.references | Szablewski A., Tuzimek R. (2008), Wycena i zarządzanie wartością firmy, Poltex, Warszawa. | pl_PL |
| dc.references | Szczepankowski P. (2007), Wycena i zarządzanie wartością przedsiębiorstwa, Wydawnictwo Naukowe PWN, Warszawa. | pl_PL |
| dc.references | Zadora H. (2010), Wycena przedsiębiorstwa w teorii i praktyce, Stowarzyszenie Księgowych w Polsce, Warszawa. | pl_PL |
| dc.references | Zarzecki D. (2008), Indeks ryzyka w wycenie przedsiębiorstw, Szczecin. | pl_PL |
| dc.identifier.doi | 10.18778/8088-012-2.10 | |
