Hostname: page-component-7b7567c8c-fvjsw Total loading time: 0 Render date: 2026-11-15T09:34:25.034Z Has data issue: false hasContentIssue false
  • English
  • Français

Stock Evaluation Theory: Classification, Reconciliation, and General Model

Published online by Cambridge University Press:  19 October 2009

William R. Sloane and
Arnold Reisman
Get accessRights & Permissions [Opens in a new window]

Extract

This paper is another step in an attempt at unification, through generalization, of existing theories in various areas of finance. The subject treated here is the valuation of equity shares.

Information

Type
Research Article
Information
Journal of Financial and Quantitative Analysis , Volume 3 , Issue 2 , June 1968, pp. 171 - 204
Copyright
Copyright © School of Business Administration, University of Washington 1968

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable

References

1.Graham, B., and Dodd, D. L., Security Analysis (New York: McGraw-Hill Book Co., Inc., 1951).Google Scholar
2.Gordon, J. J., and Shapiro, E., “Capital Equipment Analysis: The Required Rate of Profit,” Management Science (10 1956).CrossRefGoogle Scholar
3.Miller, M. H., and Modigliani, F., “Dividend Policy, Growth and Valuation of Shares,” Journal of Business (10 1961).CrossRefGoogle Scholar
4.Reisman, Arnold, “On the Valuation of Growth Equity Shares,” Working Paper No. 63 (Los Angeles: Western Management Science Institute, University of California, February 1965).A paper presented at the international meeting of The Institute of Management Science,Vienna,09 1965.Google Scholar
5.Sloane, W. R., “Earnings, Dividends, and Stock Prices: Review and General Model,” Marquette Business Review (Fall 1967).Google Scholar
6.Solomon, E., The Theory of Financial Management (New York: Columbia University Press, 1963).Google Scholar
7.Walter, J. E., “Dividend Policies and Common Stock Prices,” Journal of Finance (03 1956).CrossRefGoogle Scholar
8.Weston, J. Fred, and Brigham, Eugene F., Managerial Finance (New York: Holt, Rinehart and Winston, 1966), Second Edition.Google Scholar
9.Reisman, Arnold, and Buffa, E. S., “A General Model for Investment Policy,” Management Science, Vol. 8, 04 1962, pp. 304–310; also, Reprint No. 16 (Los Angeles: Division of Research, Graduate School of Business Administration, University of California, 1962), and E. S. Buffa, Models for Production and Operations Management (New York: John Wiley & Sons, Inc., 1963), pp. 402–416.CrossRefGoogle Scholar
10.Reisman, Arnold, and Buffa, E. S., “A General Model for Production and Operations Systems,” Management Science, Vol. 11, 09 1964, pp. 64–79; also, Reprint No. 23 (Los Angeles: University of California, Western Management Science Institute), and pp. 53–72 in Readings in Production and Operations Management, edited by E. S. Buffa (New York: John Wiley & Sons, Inc., 1966).CrossRefGoogle Scholar
11.Reisman, Arnold, “The Cost of Capital: A Reconciliation of Some Existing Theories Through Generalization,” Mississippi Valley Journal of Business and Economics, Vol. I, No. 2, Spring 1966, pp. 67–82; also, Working Paper No. 57 (Los Angeles: Western Management Science Institute, University of California).Google Scholar
12.Fleischer, Gerald A., and Reisman, Arnold, “Investment Decisions Under Conditions of Inflation,” International Journal for Production Research, Vol. 6, No. 2, 1967, pp. 87–95.CrossRefGoogle Scholar
13.Reisman, Arnold, Managerial and Engineering Economy: A Unified Approach. To be published by the University of California Press.Google Scholar