Valuation methods used by Moroccan firms : a survey of publicly held companies and brokerage firms
Dissertant
Thesis advisor
University
Al Akhawayn University
Faculty
The School of Business Administration
University Country
Morocco
Degree
Master
Degree Date
2007
English Abstract
This research paper studies valuation practices in the Moroccan context, especially of publicly held companies and brokerage firms.
/ measure the extent ٠؛ which valuation methodologies that are taught in financial textbooks ٠٢^ applied in practices.
I address the question ofvaluation methodologies that arefi'equently used, and how they are implemented.
I found that a significant number of financial analysts use discounted cashflows (DCF).
However, «٠/ all financial analysts that use DCF relate the discount rate to the cost ٠/ capital.
Some ٠/ them base their valuation technique using DCF by implying a subjective discount rate.
Additionally, analysts prefer to use more than one valuation methodology, !present evidence that there is ٠ positive correlation between objective methodologies that are ٠ محءءهه« fundamentals.
Similarly, the ،،ءء ofsubjective valuations that are based on subjective criteria is correlated with the use of other subjective methods.
Still, the awareness ٠/ fundamentals is not questionable.
Main Subjects
Topics
No. of Pages
70
Table of Contents
Table of contents.
Abstract.
Abstract in French.
Chapter One : Introduction.
Chapter Two : Valuation models’ overview.
Chapter Three : Problem statement.
Chapter Four : Objectives.
Chapter Five : Literature review.
Chapter Six : Research methodology.
Chapter Seven : End users.
Chapter Eight : Moroccan valuation practices.
Chapter Nine : Descriptive results.
Chapter Ten : Analytical results.
Chapter Eleven : Conclusion.
References.
American Psychological Association (APA)
Loukili, Maryami. (2007). Valuation methods used by Moroccan firms : a survey of publicly held companies and brokerage firms. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-628942
Modern Language Association (MLA)
Loukili, Maryami. Valuation methods used by Moroccan firms : a survey of publicly held companies and brokerage firms. (Master's theses Theses and Dissertations Master). Al Akhawayn University. (2007).
https://search.emarefa.net/detail/BIM-628942
American Medical Association (AMA)
Loukili, Maryami. (2007). Valuation methods used by Moroccan firms : a survey of publicly held companies and brokerage firms. (Master's theses Theses and Dissertations Master). Al Akhawayn University, Morocco
https://search.emarefa.net/detail/BIM-628942
Language
English
Data Type
Arab Theses
Record ID
BIM-628942
