Topic
Embedded value
About: Embedded value is a research topic. Over the lifetime, 343 publications have been published within this topic receiving 8853 citations.
Papers published on a yearly basis
Papers
1 Sep 2012
TL;DR: In this article, the use of mutual fund's net asset value measurement which is referred to mark to market is still limited Mostly, it is using historical cost In fact net asset values of mutual funds that invested on stocks and obligations, which is daily published on mass media, is not as high as shown It is caused of the value of obligations that lower than historical cost.
Abstract: At the moment, in indonesia; the usage of mutual fund’s net asset value measurement which is refers to mark to market is still limited Mostly, it is using historical cost In fact net asset value of mutual funds that invested on stocks and obligations, which is daily published on mass media, is not as high as shown It is caused of the value of obligations that lower than historical cost Since net asset value is not using fair market value or market value, it inflicted a loss upon the investors According to mutual fund regulation that released by bapepam and psak, the investment manager required to use fair market value or present value for net asset value measurement
1 Jan 2008
TL;DR: In this paper, the authors show that using profits as a fundamental input is subject to criticism because profits are no actual cash flows and instead of creating more transparency, it could end up in creating more confusion.
Abstract: Since the beginning of the development of the socalled embedded value methodology, actuaries have been using the present value of future profits as yardstick when valuing life insurance activities. However, using profits as a fundamental input is subject to criticism because profits are no actual cash flows. In an attempt to create more transparency and robustness the CFO forum (2008) has set a definition for market consistent embedded value (MCEV). Nevertheless, this definition refers again to the present value of future profits. In this note we show that such a definition is misleading and, instead of creating more transparency, it could end up in creating more confusion. 12
20 Oct 2015
TL;DR: In this article, an application of least-squares Monte Carlo concept to calculation of time value of options and Guarantees - Market Consistent Embedded Value component is presented, which proved to be an effective and time-saving tool.
Abstract: Article presents an application of least-squares Monte Carlo concept to calculation of Time Value of Options and Guarantees - Market Consistent Embedded Value component. Previously used in options' valuation method proved to be an effective and time-saving tool. Paper summarizes analysis performed on an theoretical Open Pension Fund portfolio (based on market average data).
1 Jan 2011
TL;DR: In this article, the influence of R&D investment on ROV(Real Option Value), corporate value and market value by analyzing the ROV investment, ROV, corporate value, and the market value of machine and material industry in the perspective of ex post.
Abstract: In this study, I have tried to analyze an influence of R&D investment on ROV(Real Option Value), corporate value and market value by analyzing R&D investment, ROV, corporate value and market value of machine and material industry in the perspective of ex post. As a result of this study, corporate value, which has been deduced by real option according to R&D investment, reflects market value well and possesses a strong correlation with R&D investment, ROV, corporate value and market value. This implication demonstrates this study result is corresponding with existing theories.
Related Topics (5)
Performance Metrics
| Year | Papers |
|---|---|
| 2021 | 3 |
| 2020 | 2 |
| 2019 | 2 |
| 2018 | 3 |
| 2017 | 14 |
| 2016 | 20 |