2009 Reading List Easton 3

Research Design Issues: Valuation and the Cost of Capital

Papers on which the presentation will be based:

Easton, P. (2007) "Estimating the Cost of Capital Implied by Market Prices and Accounting Data." Foundations and Trends in Accounting: 2(4): 241-364.

Liu, J., D. Nissim, and J. Thomas (2002) "Equity Valuation Using Multiples." Journal of Accounting Research 40(1):135-172.

Deng, M., P. Easton, and J. Yeo (2009) "Another Look at Equity and Enterprise Valuation Using Multiples." CARE Working Paper Series.