Capital Cash Flows: A Simple Approach to Valuing Risky Cash Flows

By Richard S. Ruback. 2002

271 citations recorded by the source corpus.

Subfields: Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5da40fbf9566d31a44c2596be7305a2f06ba8727

How researchers see this paper

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

In Finance

1. A. Damodaran
2. Ulrich Volz
3. Gerhard Kling
4. V. Murinde
5. Sibel Ayas

In Strategy and Management

1. A. Damodaran

Citations in the corpus

• Valuation Approaches and Metrics: A Survey of the Theory and Evidence (2007, background): “712 Discounted Cash Flow Valuation The trend toward stock buybacks is very strong, especially in the 1990s.”
• The Value of Tax Shields is Not Equal to the Present Value of Tax Shields (2004, unknown): “Inselbag and Kaufold (1997) and Ruback (2002) argue that if the firm targets the dollar values of debt outstanding, the VTS is given by the Myers (1974) formula.”
• Corporate Financial Distress and Bankruptcy: Predict and Avoid Bankruptcy, Analyze and Invest in Distressed Debt (2005, unknown): “A variant on this approach, known as the capital cash flow approach, uses the same discount rate for the unlevered firm cash flows and tax shields; see Ruback (1998):”
• Valuation of Bankrupt Firms (2000, unknown): “See Ruback 1998 for further discussion.”