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Equity Valuation and Negative Earnings

Ana Paula Matias Gama , Marco Antonio Figueiredo Milani Filho , Liliane Cristina Segura

Building upon Feltham and Ohlson models, this book examines positive loss-earnings within the context of the dot.com bubble during the boom years of the late 1990s bull market. The strong demand for equity financing captured the imagination of investors from Europe and...