The Use of Valuation Models by UK Investment Analysts

By Shahed Imam, Richard William Barker, C. Clubb. 2008

177 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/51d6b4cc021ef92cf16e938dee53669cbcaa0548

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Danielle Lyssimachou
2. Pawel Bilinski
3. Martin Walker
4. K. Hussainey

In Finance

1. Danielle Lyssimachou
2. Pawel Bilinski
3. Martin Walker
4. K. Hussainey

In Strategy and Management

1. Danielle Lyssimachou
2. Pawel Bilinski
3. Martin Walker

Citations in the corpus

• Who Uses Financial Reports and for What Purpose? Evidence from Capital Providers (2014, unknown): “First, professional equity investors employ fundamental valuation models – particularly the price/earnings (P/E) ratio and, more recently, discounted cash flow (DCF) models (Barker, 1998, 1999b; Imam et al., 2008).”
• Does Valuation Model Choice Affect Target Price Accuracy? (2010, unknown): “The evidence from the interviews of Glaum and Friedrich (2006) is consistent with the contextual factors that Imam et al. (2008) report as motivating analysts’ valuation model choice.”
• Target price accuracy:international evidence (2013, background): “This is particularly important as (1) target prices reflect the analyst’s view of the firm’s current and future earnings, and as (2) discounted cash flow models and earnings-based valuation models are becoming more important among analysts to produce target prices (Imam et al. 2008).”