TL;DR: Zhang et al. as discussed by the authors established the regression model based on the economic value added (EVA), refined economic value addition (REVA), net profit, net cash flow and other indicators selected from the financial data of power industry.
Abstract: The paper establishes the regression model based on the economic value added(EVA), refined economic value added(REVA), net profit, net cash flow and other indicators selected from the financial data of power industry. Correlation analysis indicates that, in comparison with traditional financial indicators, EVA and REVA are more efficient in studying the value of China’s electric power enterprises. And the interpretation to enterprise value will be more persuasive when combining EVA, REVA with traditional financial indicators. The study also finds out that the interpretative power of EVA-related indicators to enterprise value has been gradually increasing over the past seven years. Keywords-economic value added; refined economic value added; market value added; enterprise value
TL;DR: In this article, the authors define value as what the customer got divided by what it cost the customer (GOT/COST) to buy the product. And they argue that to be competitive, organizations must provide the minimum acceptabl..
Abstract: Ultimately, there is just one business issue: delivering value to customers. Value can be defined as what the customer got divided by what it cost the customer (GOT/COST). To be competitive, organizations must provide the minimum acceptabl..
TL;DR: Li et al. as discussed by the authors explored the application of the financial engineering techniques in the evaluation of total value risk on a sample-listed firm of China and applied Merton structural model and an experienced relation function to evaluate the firm's value.
Abstract: This paper explores the application of the financial engineering techniques in the evaluation of total value risk on a sample-listed firm of China. Merton structural model and an experienced relation function are applied to evaluate the firm's value. GARCH model is also employed to estimate both the return series and the volatility of the equity. Under this situation, the expected distribution of the firm value and the Value at Risk (VaR) can be obtained based on Monte Carlo simulation. Since the paper may be the first one trying to value the potential risk of firm value, it is very helpful for analyzing mergers and acquisitions in the capital market as well as controlling the risk of asset for those large state-owned asset management companies in China.
TL;DR: The present disclosure includes devices, methods, and systems for determining the strategic value of a life insurance strategy at a future point in time as discussed by the authors, which can include a processor, a memory coupled to the processor, and program instructions stored in the memory and executable by the processor.
Abstract: The present disclosure includes devices, methods, and systems for determining the strategic value of a life insurance strategy at a future point in time. One device embodiment can include a processor, a memory coupled to the processor, and program instructions stored in the memory and executable by the processor to perform a statistical sampling method to determine a strategic value of a life insurance strategy at a number of particular future points in time using a death benefit value of a life insurance policy, a cash surrender value of the policy, a mortality probability for an insured subject of the policy, and a projected investment return on a reinvestment of the death benefit value, at each of the number of particular future points in time.
TL;DR: The concept of value has existed since trade was invented and used in all fields as mentioned in this paper, and different ways to define the common denominator subjective estimation of a good size have been tried.
Abstract: The concept of value existed since trade was invented and used in all fields. Economists have tried different ways to define the common denominator subjective estimation of a good size. Studying the economic value of an asset has preoccupied economists at the early days of this discipline, trying to estimate the value of an individual and then extend to \r
goods that can be changed. Over time how to create and measure value had several forms: from profit indicators (economic and financial profitability, etc.) to indicators based on cash flow (cash flow, CFROI - Cash Flow Return on investment -cash return on investment, etc.) or indicators of value (EVA - Economicâ Value Added - Economic Value Added, MVA - Market value added - Market value added, etc.). Value creation is the most important goal for a company, and the development of economy and human society will bring new ways of creating value that is in step with time. The new ways of creating value refer to human capital, intellectual capital, information, goodwill, etc., which gives the opportunity to contribute to the sustainable development of society and thus to value creation. It is the result of a complex management of all aspects of the business. "Sustainability" means property of a system, where the emphasis is on maintaining a particular state of the system over time. Classification- M41, Q56, D46, G14.