IDEAS home Printed from https://ideas.repec.org/e/pfe23.html
   My authors  Follow this author

Pablo Fernandez

Personal Details

First Name:Pablo
Middle Name:
Last Name:Fernandez
Suffix:
RePEc Short-ID:pfe23
http://web.iese.edu/pablofernandez
IESE Business School Camino del Cerro del Aguila 3 28023 Madrid Spain
34-91-3570809

Affiliation

IESE Business School
Universidad de Navarra

Barcelona, Spain
http://www.iese.edu/

:

Av Pearson 21, 08034 Barcelona
RePEc:edi:ienaves (more details at EDIRC)

Research output

as
Jump to: Working papers Articles

Working papers

  1. Fernández, Pablo, 2013. "28 problemas sencillos de finanzas resueltos y 950 respuestas erróneas," IESE Research Papers D/1058, IESE Business School.
  2. Fernández, Pablo, 2013. "Algunos swaps de tipos de interés," IESE Research Papers D/1063, IESE Business School.
  3. Fernández, Pablo, 2013. "Valuing Companies by Cash Flow Discounting: Fundamental Relationships and Unnecessary Complications," IESE Research Papers D/1062, IESE Business School.
  4. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Rentabilidad de los fondos de inversión en España. 2001-2011," IESE Research Papers D/1061, IESE Business School.
  5. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
  6. Fernandez, Pablo & Aguirreamalloa, Javier, 2012. "La insolvencia de Lehman Brothers en septiembre de 2008: Sobre su previsibilidad y sobre algunos "profetas a posteriori"," IESE Research Papers D/950, IESE Business School.
  7. Fernandez, Pablo & Aguirreamalloa, Javier, 2012. "Bonos estructurados vendidos en España en los últimos años," IESE Research Papers D/951, IESE Business School.
  8. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2012. "Rentabilidad de los Fondos de Pensiones en España. 2001-2011," IESE Research Papers D/947, IESE Business School.
  9. Fernandez, Pablo, 2012. "Ten badly explained topics in most corporate finance books," IESE Research Papers D/954, IESE Business School.
  10. Fernández, Pablo, 2012. "Valuation of an Expropriated Company: the Case of YPF and Repsol in Argentina," IESE Research Papers D/1055, IESE Business School.
  11. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Prima de riesgo del mercado utilizada para España: Encuesta 2011," IESE Research Papers D/921, IESE Business School.
  12. Fernandez, Pablo & del Campo, Javier, 2011. "Market risk premium used in 2010 by professors: A survey with 1,500 answers," IESE Research Papers D/911, IESE Business School.
  13. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "IBEX 35: 1991-2010. Rentabilidad y creación de valor," IESE Research Papers D/890, IESE Business School.
  14. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "US market risk premium used in 2011 by professors, analysts and companies: A survey with 5.731 answers," IESE Research Papers D/918, IESE Business School.
  15. Fernandez, Pablo, 2011. "21 problemas sencillos de finanzas resueltos y 525 respuestas erróneas," IESE Research Papers D/910, IESE Business School.
  16. Fernandez, Pablo, 2011. "WACC: Definition, misconceptions and errors," IESE Research Papers D/914, IESE Business School.
  17. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Rentabilidad y creación de valor de 125 empresas españolas en 2010," IESE Research Papers D/892, IESE Business School.
  18. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Telefónica: 1991-2010. Creación de valor y rentabilidad," IESE Research Papers D/902, IESE Business School.
  19. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Ranking de gestoras de fondos de pensiones en España. 1990-2010," IESE Research Papers D/904, IESE Business School.
  20. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Shareholder value creators in the S&P 500: 1991-2010," IESE Research Papers D/909, IESE Business School.
  21. Fernandez, Pablo, 2011. "201 preguntas sobre finanzas," IESE Research Papers D/913, IESE Business School.
  22. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Ranking de gestoras de fondos de inversión en España. 1991-2010," IESE Research Papers D/903, IESE Business School.
  23. Fernandez, Pablo & del Campo, Javier, 2011. "Market risk premium used in 2010 by analysts and companies: A survey with 2.400 answers," IESE Research Papers D/912, IESE Business School.
  24. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Market risk premium used in 56 countries in 2011: A survey with 6,014 answers," IESE Research Papers D/920, IESE Business School.
  25. Fernandez, Pablo, 2010. "Tres sentencias con tremendos errores sobre valoración," IESE Research Papers D/842, IESE Business School.
  26. Fernandez, Pablo & del Campo, Javier, 2010. "Ranking de gestoras de fondos de inversión en España. 1994-2009," IESE Research Papers D/847, IESE Business School.
  27. Fernandez, Pablo & del Campo, Javier, 2010. "Rentabilidad y creación de valor de 125 empresas españolas en 2009," IESE Research Papers D/841, IESE Business School.
  28. Fernandez, Pablo & del Campo, Javier, 2010. "Rentabilidad de los fondos de inversión en España. 1991-2009," IESE Research Papers D/848, IESE Business School.
  29. Fernandez, Pablo, 2009. "Market risk premium used in 2008 by Professors: A survey with 1,400 answers," IESE Research Papers D/796, IESE Business School.
  30. Fernandez, Pablo, 2009. "IBEX 35: 1991-2008. Rentabilidad y creación de valor," IESE Research Papers D/786, IESE Business School.
  31. Fernandez, Pablo & Aguirreamalloa, Javier & Liechtenstein, Heinrich, 2009. "The equity premium puzzle: High required equity premium, undervaluation and self fulfilling prophecy," IESE Research Papers D/821, IESE Business School.
  32. Fernandez, Pablo, 2009. "La prima de riesgo del mercado según 100 Libros," IESE Research Papers D/823, IESE Business School.
  33. Fernandez, Pablo, 2009. "100 questions on finance," IESE Research Papers D/817, IESE Business School.
  34. Fernandez, Pablo, 2009. "Prima de Riesgo del Mercado: Histórica, Esperada, Exigida e Implícita
    [Equity Risk Premium: Historic, Expected, Required and Implied]
    ," MPRA Paper 14221, University Library of Munich, Germany.
  35. Fernandez, Pablo, 2009. "Información privilegiada según un tribunal español," IESE Research Papers D/827, IESE Business School.
  36. Fernandez, Pablo & Bermejo, Vicente, 2009. "Rentabilidad de los fondos de inversión en España. 1991-2008," IESE Research Papers D/788, IESE Business School.
  37. Fernandez, Pablo, 2009. "Betas used by professors: A survey with 2,500 answers," IESE Research Papers D/822, IESE Business School.
  38. Fernandez, Pablo & Bermejo, Vicente, 2009. "Rentabilidad y creación de valor de 136 empresas españolas en 2008," IESE Research Papers D/787, IESE Business School.
  39. Fernandez, Pablo, 2009. "Market risk premium used in 2008: A survey of more than a 1,000 professors," IESE Research Papers D/784, IESE Business School.
  40. Fernandez, Pablo & Bermejo, Vicente J., 2009. "Shareholder value creators in the Dow Jones: Year 2008," IESE Research Papers D/826, IESE Business School.
  41. Fernandez, Pablo & Bermejo, Vicente, 2009. "Rentabilidad de los fondos de pensiones en España. 1991-2008," IESE Research Papers D/819, IESE Business School.
  42. Fernandez, Pablo, 2009. "The equity premium in 150 textbooks," IESE Research Papers D/829, IESE Business School.
  43. Fernandez, Pablo & Bermejo, Vicente, 2009. "Betas utilizadas por directivos y profesores europeos en 2009," IESE Research Papers D/824, IESE Business School.
  44. Fernandez, Pablo & Bermejo, Vicente, 2009. "Beta = 1 does a better job than calculated betas," IESE Research Papers D/825, IESE Business School.
  45. Fernandez, Pablo & Bermejo, Vicente, 2009. "Rentabilidad y creación de valor de 136 empresas españolas en el primer semestre de 2009 y en 2008," IESE Research Papers D/818, IESE Business School.
  46. Fernandez, Pablo, 2009. "17 problemas de finanzas básicas resueltos y 307 respuestas erróneas," IESE Research Papers D/820, IESE Business School.
  47. Fernandez, Pablo, 2008. "160 preguntas sobre finanzas," IESE Research Papers D/770, IESE Business School.
  48. Fernandez, Pablo & Bermejo, Vicente J. & Bilan, Andrada, 2008. "Poor performance of mutual funds in Spain. 1991-2007," IESE Research Papers D/746, IESE Business School.
  49. Fernandez, Pablo, 2008. "The equity premium in 100 textbooks," IESE Research Papers D/757, IESE Business School.
  50. Fernandez, Pablo & Bermejo, Vicente J., 2008. "Las empresas españolas en 2007 (y en el periodo 1993-2007). Rentabilidad y creación de valor," IESE Research Papers D/732, IESE Business School.
  51. Fernandez, Pablo & Bermejo, Vicente J., 2008. "Eléctricas españolas: 1991-2007. Creación de valor y rentabilidad para los accionistas," IESE Research Papers D/743, IESE Business School.
  52. Fernandez, Pablo & Bermejo, Vicente, 2008. "Telefónica: 1991-2007. Creación de valor y rentabilidad," IESE Research Papers D/733, IESE Business School.
  53. Fernandez, Pablo & Bermejo, Vicente J., 2008. "Descensos de las cotizaciones de 154 empresas españolas. 1991-2008," IESE Research Papers D/755, IESE Business School.
  54. Fernandez, Pablo, 2008. "Dos sentencias con tremendos errores sobre valoración," IESE Research Papers D/763, IESE Business School.
  55. Fernandez, Pablo & Bermejo, Vicente J., 2008. "Rentabilidad y creación de valor de 125 empresas españolas en 2008 (hasta el 17 de septiembre)," IESE Research Papers D/767, IESE Business School.
  56. Fernandez, Pablo, 2008. "Métodos de valoración de empresas," IESE Research Papers D/771, IESE Business School.
  57. Fernandez, Pablo & Bermejo, Vicente, 2008. "Rentabilidad de los fondos de inversión en España. 1991-2007," IESE Research Papers D/737, IESE Business School.
  58. Fernandez, Pablo & Bermejo, Vicente J., 2008. "Rentabilidad de los fondos de pensiones en España. 1991-2007," IESE Research Papers D/741, IESE Business School.
  59. Fernandez, Pablo & Bermejo, Vicente, 2008. "BBVA: 1991-2007. Creación de valor y rentabilidad," IESE Research Papers D/736, IESE Business School.
  60. Fernandez, Pablo, 2008. "Valoración de opciones reales: Dificultades, problemas y errores," IESE Research Papers D/760, IESE Business School.
  61. Fernandez, Pablo, 2008. "Valoración de empresas por descuento de flujos: Diez métodos y siete teorías," IESE Research Papers D/766, IESE Business School.
  62. Fernandez, Pablo & Bermejo, Vicente J., 2008. "IBEX 35: 1992-2007 - Rentabilidad y creación de valor," IESE Research Papers D/725, IESE Business School.
  63. Fernandez, Pablo, 2008. "Prima de riesgo del mercado utilizada: Encuesta 2008," IESE Research Papers D/761, IESE Business School.
  64. Fernandez, Pablo & Bermejo, Vicente, 2008. "Banco Santander: 1991-2007. Creación de valor y rentabilidad," IESE Research Papers D/735, IESE Business School.
  65. Fernandez, Pablo & Bermejo, Vicente J., 2008. "Iberdrola: 1991-2007. Creación de valor y rentabilidad," IESE Research Papers D/742, IESE Business School.
  66. Fernandez, Pablo & Carabias, Jose M., 2007. "Rentabilidad y creación de valor de las empresas españolas en 2006 (y en el periodo 1993-2006)," IESE Research Papers D/676, IESE Business School.
  67. Fernandez, Pablo, 2007. "A more realistic valuation: APV and WACC with constant book leverage ratio," IESE Research Papers D/715, IESE Business School.
  68. Fernandez, Pablo & Carabias, Jose M., 2007. "Creación de valor para los accionistas de las eléctricas españolas (1991-2006)," IESE Research Papers D/679, IESE Business School.
  69. Fernandez, Pablo & Carabias, Jose M., 2007. "Creación de valor para los accionistas de bancos españoles (1991-2006)," IESE Research Papers D/680, IESE Business School.
  70. Fernandez, Pablo & Carabias, Jose M. & Miguel, Lucia, 2007. "Rentabilidad de los fondos de inversión en España. (1991-2006)," IESE Research Papers D/696, IESE Business School.
  71. Fernandez, Pablo & Carabias, Jose M., 2007. "Rentabilidad y creación de valor para los accionistas de las empresas españolas y del IBEX 35. 1993-2006," IESE Research Papers D/673, IESE Business School.
  72. Fernandez, Pablo, 2007. "120 errores en valoraciones de empresas," IESE Research Papers D/681, IESE Business School.
  73. Fernandez, Pablo, 2007. "Valoración de marcas e intangibles," IESE Research Papers D/686, IESE Business School.
  74. Fernandez, Pablo & Carabias, Jose M. & Miguel, Lucia, 2007. "Rentabilidad de los fondos de inversión de renta variable nacional en España (1991-2006)," IESE Research Papers D/695, IESE Business School.
  75. Fernandez, Pablo & Carabias, Jose M., 2007. "El peligro de utilizar betas calculadas," IESE Research Papers D/685, IESE Business School.
  76. Fernandez, Pablo & Carabias, Jose M., 2007. "Creación de valor para los accionistas de Repsol. 1991-2006," IESE Research Papers D/675, IESE Business School.
  77. Fernandez, Pablo & Carabias, Jose M., 2007. "Creación de valor para los accionistas de Bankinter (1991-2006)," IESE Research Papers D/678, IESE Business School.
  78. Fernandez, Pablo & Bilan, Andrada, 2007. "110 common errors in company valuations," IESE Research Papers D/714, IESE Business School.
  79. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas del Banco Santander," IESE Research Papers D/637, IESE Business School.
  80. Fernandez, Pablo, 2006. "Equity premium: Historical, expected, required and implied," IESE Research Papers D/661, IESE Business School.
  81. Fernandez, Pablo, 2006. "The equity premium in finance and valuation textbooks," IESE Research Papers D/657, IESE Business School.
  82. Fernandez, Pablo & Martinez, Jon, 2006. "Rentabilidad y creación de valor para los accionistas de las empresas españolas y del IBEX 35. 1993-2005," IESE Research Papers D/617, IESE Business School.
  83. Fernandez, Pablo, 2006. "A general formula for the WACC: A correction," IESE Research Papers D/663, IESE Business School.
  84. Fernandez, Pablo, 2006. "102 errores en valoraciones de empresas," IESE Research Papers D/631, IESE Business School.
  85. Fernandez, Pablo, 2006. "Cash flow is cash and is a fact. Net income is just an opinion," IESE Research Papers D/629, IESE Business School.
  86. Fernandez, Pablo, 2006. "Descensos memorables en las cotizaciones: Telepizza y Boston Chicken," IESE Research Papers D/660, IESE Business School.
  87. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de BBVA," IESE Research Papers D/638, IESE Business School.
  88. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de Endesa," IESE Research Papers D/641, IESE Business School.
  89. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de Repsol," IESE Research Papers D/643, IESE Business School.
  90. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas del Banco Popular," IESE Research Papers D/639, IESE Business School.
  91. Fernandez, Pablo, 2006. "The correct value of tax shields: An analysis of 23 theories," IESE Research Papers D/628, IESE Business School.
  92. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de Telefónica," IESE Research Papers D/635, IESE Business School.
  93. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de Unión Fenosa," IESE Research Papers D/642, IESE Business School.
  94. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de Iberdrola," IESE Research Papers D/640, IESE Business School.
  95. Fernandez, Pablo & Carabias, Jose M., 2006. "Creación de valor para los accionistas de Bankinter," IESE Research Papers D/646, IESE Business School.
  96. Fernandez, Pablo, 2005. "The value of tax shields with a fixed book-value leverage ratio," IESE Research Papers D/612, IESE Business School.
  97. Fernandez, Pablo & Villanueva, Alvaro, 2005. "EuroStoxx 50: 1997-2004. Shareholder value creation in Europe," IESE Research Papers D/583, IESE Business School.
  98. Fernandez, Pablo, 2005. "Financial literature about discounted cash flow valuation," IESE Research Papers D/606, IESE Business School.
  99. Fernandez, Pablo & Villanueva, Alvaro, 2005. "Rentabilidad y creación de valor para los accionistas de las empresas españolas y del Ibex 35. 1992-2004," IESE Research Papers D/587, IESE Business School.
  100. Fernandez, Pablo, 2005. "Valuing companies with a fixed book-value leverage ratio," IESE Research Papers D/614, IESE Business School.
  101. Fernandez, Pablo & Villanueva, Alvaro, 2005. "Shareholder value creators in the S&P 500: Year 2004," IESE Research Papers D/580, IESE Business School.
  102. Fernandez, Pablo, 2005. "La prima de riesgo del mercado (market risk premium)," IESE Research Papers D/585, IESE Business School.
  103. Fernandez, Pablo, 2005. "Discounted cash flow valuation methods: Examples of perpetuities, constant growth and general case," IESE Research Papers D/604, IESE Business School.
  104. Fernandez, Pablo, 2005. "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," IESE Research Papers D/579, IESE Business School.
  105. Fernandez, Pablo, 2005. "The value of tax shields depends only on the net increases of debt," IESE Research Papers D/613, IESE Business School.
  106. Fernandez, Pablo, 2005. "The value of tax shields is not equal to the present value of tax shields: A correction," IESE Research Papers D/581, IESE Business School.
  107. Fernandez, Pablo, 2004. "Market risk premium: Required, historical and expected," IESE Research Papers D/574, IESE Business School.
  108. Fernandez, Pablo, 2004. "Most common errors in company valuation," IESE Research Papers D/565, IESE Business School.
  109. Fernandez, Pablo, 2004. "Shareholder value creation of microsoft and GE," IESE Research Papers D/564, IESE Business School.
  110. Fernandez, Pablo, 2004. "Comments on "A reconsideration of tax shield valuation" by Enrique R. Arzac and Lawrence R. Glosten," IESE Research Papers D/578, IESE Business School.
  111. Fernandez, Pablo, 2004. "On the instability of betas: The case of Spain," IESE Research Papers D/548, IESE Business School.
  112. Fernandez, Pablo, 2004. "80 common and uncommon errors in company valuation," IESE Research Papers D/550, IESE Business School.
  113. Fernandez, Pablo, 2004. "Are calculated betas good for anything?," IESE Research Papers D/555, IESE Business School.
  114. Fernandez, Pablo & Villanueva, Alvaro, 2004. "Shareholder value creation in Europe. Eurostoxx 50: 1997-2003," IESE Research Papers D/547, IESE Business School.
  115. Fernandez, Pablo, 2004. "Value of tax shields and the risk of the net increase of debt, The. Year 2004," IESE Research Papers D/544, IESE Business School.
  116. Fernandez, Pablo, 2004. "Reply to "The value of tax shields is equal to the present value of tax shields"," IESE Research Papers D/576, IESE Business School.
  117. Fernandez, Pablo, 2004. "Equivalence of ten different discounted cash flow valuation methods," IESE Research Papers D/549, IESE Business School.
  118. Fernandez, Pablo & Reinoso, Laura, 2004. "Shareholder value creators in the S&P 500: Year 2003," IESE Research Papers D/545, IESE Business School.
  119. Fernandez, Pablo, 2004. "Rentabilidad y creación de valor para los accionistas de las empresas españolas y del IBEX 35. 1992-2003," IESE Research Papers D/541, IESE Business School.
  120. Fernandez, Pablo & Reinoso, Laura, 2003. "Shareholder value creators and shareholder value destroyers in USA. Year 2002," IESE Research Papers D/501, IESE Business School.
  121. Fernandez, Pablo, 2003. "Three residual income valuation methods and discounted cash flow valuation," IESE Research Papers D/487, IESE Business School.
  122. Fernandez, Pablo, 2003. "How to value a seasonal company by discounting cash flows," IESE Research Papers D/511, IESE Business School.
  123. Fernandez, Pablo & Villanueva, Alvaro, 2003. "Shareholder value creators and shareholder value destroyers in Europe. Year 2002," IESE Research Papers D/514, IESE Business School.
  124. Fernandez, Pablo & Reinoso, Laura, 2003. "Shareholder value creators and shareholder value destroyers in USA. Year 2001," IESE Research Papers D/485, IESE Business School.
  125. Fernandez, Pablo, 2003. "Levered and unlevered Beta," IESE Research Papers D/488, IESE Business School.
  126. Fernandez, Pablo, 2003. "75 common and uncommon errors in company valuation," IESE Research Papers Db/515, IESE Business School.
  127. Fernandez, Pablo, 2003. "Equivalence of ten different methods for valuing companies by cash flow discounting," IESE Research Papers D/524, IESE Business School.
  128. Fernández, Pablo, 2002. "Valuing real options: frequently made errors," IESE Research Papers D/455, IESE Business School.
  129. Fernández, Pablo, 2002. "Valuation of brands and intellectual capital," IESE Research Papers D/456, IESE Business School.
  130. Fernández, Pablo, 2002. "Internet valuations: The case of Terra-Lycos," IESE Research Papers D/452, IESE Business School.
  131. Fernández, Pablo, 2002. "EVA, Economic profit and cash value added do NOT measure shareholder value creation," IESE Research Papers D/453, IESE Business School.
  132. Fernández , Pablo, 2002. "The value of tax shields is not equal to the present value of tax shields," IESE Research Papers D/459, IESE Business School.
  133. Fernadez, Pablo, 2002. "Optimal capital structure: Problems with the Harvard and Damodaran Approaches," IESE Research Papers D/454, IESE Business School.
  134. Fernández, Pablo, 2002. "Company valuation methods. The most common errors in valuations," IESE Research Papers D/449, IESE Business School.
  135. Fernández , Pablo, 2002. "Valuing companies by cash flow discounting: Ten methods and nine theories," IESE Research Papers D/451, IESE Business School.
  136. Fernández, Pablo, 2002. "A definition of shareholder value creation," IESE Research Papers D/448, IESE Business School.
  137. Fernández, Pablo, 2002. "Valuation using multiples. How do analysts reach their conclusions?," IESE Research Papers D/450, IESE Business School.
  138. Fernandez, Pablo, 1999. "Beneficio económico, EVA y creación de valor de empresas españolas (1991-1997)," IESE Research Papers D/384, IESE Business School.
  139. Fernández, Pablo, 1999. "Equivalence of the different discounted cash flow valuation methods. Different alternatives for determining the discounted value of tax shields and their implications for the valuation," IESE Research Papers D/400, IESE Business School.
  140. Fernandez, Pablo, 1997. "Volatilidades, betas y alfas de empresas españolas. Periodos 1990-1996 y 1986-1989," IESE Research Papers D/350, IESE Business School.
  141. Fernandez, Pablo & Ariño, Miguel A., 1996. "Derivados exóticos," IESE Research Papers D/308, IESE Business School.
  142. Fernández, Pablo, 1996. "Convertible bonds in Spain: A different security," IESE Research Papers D/311, IESE Business School.
  143. Fernandez, Pablo & Ariño, Miguel A., 1996. "Divisas. Evolución y análisis de tipos de cambio (1980-1995)," IESE Research Papers D/315, IESE Business School.
  144. Fernandez, Pablo, 1996. "Valoración de opciones por simulación," IESE Research Papers D/309, IESE Business School.
  145. Fernández, Pablo, 1995. "Equivalence of the APV, WACC and flows to equity approaches to firm valuation," IESE Research Papers D/292, IESE Business School.
  146. Rahnema, Ahmad & Fernández, Pablo, 1993. "Initial public offerings (IPOs): The Spanish experience," IESE Research Papers D/243, IESE Business School.

Articles

  1. Pablo Fernández & Andrada Bilan, 2013. "110 Common Errors in Company Valuations," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 33-78.
  2. Pablo Fernandez, 2012. "Internet valuations: The case of Terra-Lycos," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 3-22.
  3. Pablo Fernandez, 2011. "How to Value a Seasonal Company’s Discounting Cash Flows," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 27-52.
  4. Fernandez, Pablo, 2009. "The equity premium in 150 textbooks," Journal of Financial Transformation, Capco Institute, vol. 27, pages 14-18.
  5. Pablo Fernández, 2007. "Valuing companies by cash flow discounting: ten methods and nine theories," Managerial Finance, Emerald Group Publishing, vol. 33(11), pages 853-876, October.
  6. Fernandez, Pablo, 2005. "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(1), pages 188-192, February.
  7. Fernandez, Pablo, 2004. "The value of tax shields is NOT equal to the present value of tax shields," Journal of Financial Economics, Elsevier, vol. 73(1), pages 145-165, July.
  8. Miguel A. Ariño & Pablo Fernández, 1992. "Valoración de activos financieros por el método de las martingalas," Investigaciones Economicas, Fundación SEPI, vol. 16(1), pages 89-97, January.

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Fernández, Pablo, 2002. "Valuation of brands and intellectual capital," IESE Research Papers D/456, IESE Business School.

    Mentioned in:

    1. Valoracion de marcas. El modelo de Interbrand.
      by Ramon Ananos in Ramon Ananos on 2006-08-01 21:42:00

Working papers

  1. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.

    Cited by:

    1. Marina Bertolini & Chiara D’Alpaos & Michele Moretto, 2016. "Investing in Photovoltaics: Timing, Plant Sizing and Smart Grids Flexibility," Working Papers 2016.60, Fondazione Eni Enrico Mattei.
    2. Anesten, Sebastian & Möller, Niclas & Skogsvik, Kenth, 2015. "The Accuracy of Parsimonious Equity Valuation Models - Empirical tests of the Dividend Discount, Residual Income and Abnormal Earnings Growth model," SSE Working Paper Series in Business Administration 2015:3, Stockholm School of Economics.
    3. Gabriel J Power & Charli D. Tandja M. & Josée Bastien & Philippe Grégoire, 2015. "Measuring infrastructure investment option value," Journal of Risk Finance, Emerald Group Publishing, vol. 16(1), pages 49-72, January.
    4. Chiara D'Alpaos & Marina Bertolini & Michele Moretto, 2016. "Do Smart Grids Boost Investment in Photovoltaics? The Prosumer Investment Decision," "Marco Fanno" Working Papers 0203, Dipartimento di Scienze Economiche "Marco Fanno".
    5. Xiong, Qizhou, 2015. "Censored Fractional Response Model: Estimating Heterogeneous Relative Risk Aversion of European Households," IWH Discussion Papers 11/2015, Halle Institute for Economic Research (IWH).

  2. Fernandez, Pablo, 2012. "Ten badly explained topics in most corporate finance books," IESE Research Papers D/954, IESE Business School.

    Cited by:

    1. Godbout, Luc & Trudel, Yves & St-Cerny, Suzie, 2013. "Le régime de rentes du Québec : le rendement différencié selon l’année de prise de la retraite de 1968 jusqu’en 2056," L'Actualité Economique, Société Canadienne de Science Economique, vol. 89(2), pages 89-113, Juin.
    2. Christian Koziol, 2014. "A simple correction of the WACC discount rate for default risk and bankruptcy costs," Review of Quantitative Finance and Accounting, Springer, vol. 42(4), pages 653-666, May.

  3. Fernandez, Pablo & del Campo, Javier, 2011. "Market risk premium used in 2010 by professors: A survey with 1,500 answers," IESE Research Papers D/911, IESE Business School.

    Cited by:

    1. Tor Brunzell & Eva Liljeblom & Mika Vaihekoski, 2013. "Determinants of capital budgeting methods and hurdle rates in Nordic firms," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 53(1), pages 85-110, March.
    2. Michalsky, Grzegorz, 2012. "Crisis Caused Changes in Intrinsic Liquidity Value in Non-Profit Institutions," MPRA Paper 43397, University Library of Munich, Germany, revised 19 Dec 2012.
    3. Grzegorz Michalski & Aleksander Mercik, 2013. "Polish and Silesian Non-Profit Organizations Liquidity Strategies," Papers 1301.3825, arXiv.org.
    4. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
    5. Fleten, Stein-Erik & Linnerud, Kristin & Molnár, Peter & Tandberg Nygaard, Maria, 2016. "Green electricity investment timing in practice: Real options or net present value?," Energy, Elsevier, vol. 116(P1), pages 498-506.
    6. Grzegorz Michalski, 2012. "Crisis Caused Changes In Intrinsic Liquidity Value In Non-Profit Institutions," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 7(2), pages 139-158, June.

  4. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "US market risk premium used in 2011 by professors, analysts and companies: A survey with 5.731 answers," IESE Research Papers D/918, IESE Business School.

    Cited by:

    1. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
    2. Peter Cauwels & Didier Sornette, 2011. "Quis pendit ipsa pretia: facebook valuation and diagnostic of a bubble based on nonlinear demographic dynamics," Papers 1110.1319, arXiv.org, revised Nov 2011.
    3. Peter Cauwels, Didier Sornette, "undated". "Quis pendit ipsa pretia: facebook valuation and diagnostic of a bubble based on nonlinear demographic dynamics," Working Papers ETH-RC-11-007, ETH Zurich, Chair of Systems Design.

  5. Fernandez, Pablo & del Campo, Javier, 2011. "Market risk premium used in 2010 by analysts and companies: A survey with 2.400 answers," IESE Research Papers D/912, IESE Business School.

    Cited by:

    1. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
    2. Péter Benczúr & Gábor Kátay & Áron Kiss, 2012. "Assessing changes of the Hungarian tax and transfer system: A general-equilibrium microsimulation approach," MNB Working Papers 2012/7, Magyar Nemzeti Bank (Central Bank of Hungary).
    3. Tetsuya Adachi & Takashi Asano & Tatsushi Okuda, 2016. "Simultaneous Estimation of Cost of Equity and Expected Earnings of Individual Firms with the Residual Income Model," IMES Discussion Paper Series 16-E-09, Institute for Monetary and Economic Studies, Bank of Japan.
    4. Fleten, Stein-Erik & Linnerud, Kristin & Molnár, Peter & Tandberg Nygaard, Maria, 2016. "Green electricity investment timing in practice: Real options or net present value?," Energy, Elsevier, vol. 116(P1), pages 498-506.
    5. Grzegorz Michalski, 2012. "Crisis Caused Changes In Intrinsic Liquidity Value In Non-Profit Institutions," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 7(2), pages 139-158, June.

  6. Fernandez, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2011. "Market risk premium used in 56 countries in 2011: A survey with 6,014 answers," IESE Research Papers D/920, IESE Business School.

    Cited by:

    1. Marina Bertolini & Chiara D’Alpaos & Michele Moretto, 2016. "Investing in Photovoltaics: Timing, Plant Sizing and Smart Grids Flexibility," Working Papers 2016.60, Fondazione Eni Enrico Mattei.
    2. Pengguo Wang & Wei Huang, 2015. "The implied growth rates and country risk premium: evidence from Chinese stock markets," Review of Quantitative Finance and Accounting, Springer, vol. 45(3), pages 641-663, October.
    3. Robert Simons & Yuval Arbel & Eugene Choi & Danny Ben Shahar, 2011. "Explaining the Variation in Residential Capitalization Rates Worldwide: A Preliminary Investigation," ERES eres2011_32, European Real Estate Society (ERES).
    4. Michalsky, Grzegorz, 2012. "Crisis Caused Changes in Intrinsic Liquidity Value in Non-Profit Institutions," MPRA Paper 43397, University Library of Munich, Germany, revised 19 Dec 2012.
    5. Gupta, Anshul & Akuzawa, Toshinao & Nishiyama, Yoshihiko, 2013. "Quantitative evaluation of contingent capital and its applications," The North American Journal of Economics and Finance, Elsevier, vol. 26(C), pages 457-486.
    6. Vit Posta, 2012. "Time-Varying Risk Premium in the Czech Capital Market: Did the Market Experience a Structural Shock in 2008–2009?," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 62(5), pages 450-470, November.
    7. Biondi, Tommaso & Moretto, Michele, 2015. "Solar Grid Parity dynamics in Italy: A real option approach," Energy, Elsevier, vol. 80(C), pages 293-302.
    8. Alfranseder, Emanuel & zhang, Xiang, 2015. "The Effect of Pessimism and Doubt on the Equity Premium," Knut Wicksell Working Paper Series 2015/5, Lund University, Knut Wicksell Centre for Financial Studies.
    9. Ekholm, Tommi & Ghoddusi, Hamed & Krey, Volker & Riahi, Keywan, 2013. "The effect of financial constraints on energy-climate scenarios," Energy Policy, Elsevier, vol. 59(C), pages 562-572.
    10. Mazet-Sonilhac, C. & Mésonnier, J.-S., 2016. "Le coût des capitaux propres des grandes entreprises non financières en zone euro : une évaluation sur la dernière décennie," Bulletin de la Banque de France, Banque de France, issue 207, pages 33-45.
    11. Grzegorz Michalski & Aleksander Mercik, 2013. "Polish and Silesian Non-Profit Organizations Liquidity Strategies," Papers 1301.3825, arXiv.org.
    12. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
    13. Péter Benczúr & Gábor Kátay & Áron Kiss, 2012. "Assessing changes of the Hungarian tax and transfer system: A general-equilibrium microsimulation approach," MNB Working Papers 2012/7, Magyar Nemzeti Bank (Central Bank of Hungary).
    14. Fleten, Stein-Erik & Linnerud, Kristin & Molnár, Peter & Tandberg Nygaard, Maria, 2016. "Green electricity investment timing in practice: Real options or net present value?," Energy, Elsevier, vol. 116(P1), pages 498-506.
    15. Vecchi, Veronica & Hellowell, Mark & Gatti, Stefano, 2013. "Does the private sector receive an excessive return from investments in health care infrastructure projects? Evidence from the UK," Health Policy, Elsevier, vol. 110(2), pages 243-270.
    16. Aschfalk-Evertz, Agnes & Oliver, Rüttler, 2013. "Goodwill impairment testing according to IFRS in the United Kingdom: An empirical analysis of the discount rates used by the thirty largest FTSE 100 companies," Working Papers 75, Berlin School of Economics and Law, Institute of Management Berlin (IMB).
    17. Chiara D'Alpaos & Marina Bertolini & Michele Moretto, 2016. "Do Smart Grids Boost Investment in Photovoltaics? The Prosumer Investment Decision," "Marco Fanno" Working Papers 0203, Dipartimento di Scienze Economiche "Marco Fanno".
    18. Gren, Ing-Marie & Carlsson, Mattias, 2013. "Economic value of carbon sequestration in forests under multiple sources of uncertainty," Journal of Forest Economics, Elsevier, vol. 19(2), pages 174-189.
    19. Grzegorz Michalski, 2012. "Crisis Caused Changes In Intrinsic Liquidity Value In Non-Profit Institutions," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 7(2), pages 139-158, June.

  7. Fernandez, Pablo, 2009. "Market risk premium used in 2008 by Professors: A survey with 1,400 answers," IESE Research Papers D/796, IESE Business School.

    Cited by:

    1. Michalsky, Grzegorz, 2012. "Crisis Caused Changes in Intrinsic Liquidity Value in Non-Profit Institutions," MPRA Paper 43397, University Library of Munich, Germany, revised 19 Dec 2012.
    2. Casper van Ewijk & Henri L.F. de Groot & Coos Santing, 2010. "A Meta-Analysis of the Equity Premium," Tinbergen Institute Discussion Papers 10-078/3, Tinbergen Institute.
    3. Grzegorz Michalski & Aleksander Mercik, 2013. "Polish and Silesian Non-Profit Organizations Liquidity Strategies," Papers 1301.3825, arXiv.org.
    4. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.

  8. Fernandez, Pablo & Aguirreamalloa, Javier & Liechtenstein, Heinrich, 2009. "The equity premium puzzle: High required equity premium, undervaluation and self fulfilling prophecy," IESE Research Papers D/821, IESE Business School.

    Cited by:

    1. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.

  9. Fernandez, Pablo, 2009. "The equity premium in 150 textbooks," IESE Research Papers D/829, IESE Business School.

    Cited by:

    1. Leiss, Matthias & Nax, Heinrich H. & Sornette, Didier, 2015. "Super-exponential growth expectations and the global financial crisis," Journal of Economic Dynamics and Control, Elsevier, vol. 55(C), pages 1-13.
    2. Casper van Ewijk & Henri L.F. de Groot & Coos Santing, 2010. "A Meta-Analysis of the Equity Premium," Tinbergen Institute Discussion Papers 10-078/3, Tinbergen Institute.
    3. Anjos, Fernando, 2010. "Costly refocusing, the diversification discount, and the pervasiveness of diversified firms," Journal of Corporate Finance, Elsevier, vol. 16(3), pages 276-287, June.
    4. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
    5. Leiss, Matthias & Nax, Heinrich H. & Sornette, Didier, 2015. "Super-exponential growth expectations and the global financial crisis," LSE Research Online Documents on Economics 65434, London School of Economics and Political Science, LSE Library.

  10. Fernandez, Pablo & Bermejo, Vicente J. & Bilan, Andrada, 2008. "Poor performance of mutual funds in Spain. 1991-2007," IESE Research Papers D/746, IESE Business School.

    Cited by:

    1. Del Giudice, Alfonso & Paltrinieri, Andrea, 2017. "The impact of the Arab Spring and the Ebola outbreak on African equity mutual fund investor decisions," Research in International Business and Finance, Elsevier, vol. 41(C), pages 600-612.

  11. Fernandez, Pablo, 2008. "The equity premium in 100 textbooks," IESE Research Papers D/757, IESE Business School.

    Cited by:

    1. Liu, Yuan-Chi, 2009. "The slicing approach to valuing tax shields," Journal of Banking & Finance, Elsevier, vol. 33(6), pages 1069-1078, June.

  12. Fernandez, Pablo, 2007. "A more realistic valuation: APV and WACC with constant book leverage ratio," IESE Research Papers D/715, IESE Business School.

    Cited by:

    1. Fernández, Pablo, 2013. "Valuing Companies by Cash Flow Discounting: Fundamental Relationships and Unnecessary Complications," IESE Research Papers D/1062, IESE Business School.

  13. Fernandez, Pablo & Bilan, Andrada, 2007. "110 common errors in company valuations," IESE Research Papers D/714, IESE Business School.

    Cited by:

    1. Dimiter Nenkov Nenkov, 2016. "An Analytical Approach to Comparing Actual Vs. 'Fundamental Price-to-Sales' and “Enterprise Value-to-Sales†Ratios on the European Stock Market," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 32-49.
    2. Wiktor Patena, 2011. "Company Valuation. How to Deal with a Range of Values?," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 7(3), pages 75-84, November.

  14. Fernandez, Pablo, 2006. "Equity premium: Historical, expected, required and implied," IESE Research Papers D/661, IESE Business School.

    Cited by:

    1. Jacob Oded & Allen Michel & Steven P. Feinstein, 2011. "Distortion in corporate valuation: implications of capital structure changes," Managerial Finance, Emerald Group Publishing, vol. 37(8), pages 681-696, July.
    2. Georges Prat, 2010. "Equity Risk Premium and Time Horizon : What do the U.S. Secular Data Say ?," EconomiX Working Papers 2010-22, University of Paris Nanterre, EconomiX.
    3. Leo Krippner & Sandra Eickmeier & Julia von Borstel, 2015. "The interest rate pass-through in the euro area during the sovereign debt crisis," Reserve Bank of New Zealand Discussion Paper Series DP2015/03, Reserve Bank of New Zealand.
    4. Fernandez, Pablo, 2008. "The equity premium in 100 textbooks," IESE Research Papers D/757, IESE Business School.
    5. Fernández, Pablo & Aguirreamalloa, Javier & Corres, Luis, 2013. "Market Risk Premium Used in 82 Countries in 2012: A Survey with 7,192 Answers," IESE Research Papers D/1059, IESE Business School.
    6. David Laidler & William B.P. Robson, 2007. "Ill-Defined Benefits: The Uncertain Present and Brighter Future of Employee Pensions in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 250, June.
    7. Peter Christoffersen & Kris Jacobs & Chayawat Ornthanalai, 2009. "Exploring Time-Varying Jump Intensities: Evidence from S&P500 Returns and Options," CIRANO Working Papers 2009s-34, CIRANO.
    8. Fernandez, Pablo, 2008. "The equity premium in finance and valuation textbooks," IESE Research Papers D/745, IESE Business School.

  15. Fernandez, Pablo, 2006. "The equity premium in finance and valuation textbooks," IESE Research Papers D/657, IESE Business School.

    Cited by:

    1. Fernandez, Pablo, 2008. "160 preguntas sobre finanzas," IESE Research Papers D/770, IESE Business School.

  16. Fernandez, Pablo, 2006. "A general formula for the WACC: A correction," IESE Research Papers D/663, IESE Business School.

    Cited by:

    1. André Farber & Roland Gillet & Ariane Szafarz, 2007. "A general formula for the WACC: a reply," Working Papers CEB 07-004.RS, ULB -- Universite Libre de Bruxelles.

  17. Fernandez, Pablo, 2006. "Cash flow is cash and is a fact. Net income is just an opinion," IESE Research Papers D/629, IESE Business School.

    Cited by:

    1. Negrea Laura Georgeta & Matis Dumitru & Mustata V. Razvan, 2011. "Cash Flow Reporting And Creative Accounting," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 597-602, December.

  18. Fernandez, Pablo, 2006. "The correct value of tax shields: An analysis of 23 theories," IESE Research Papers D/628, IESE Business School.

    Cited by:

    1. Dirk Beyer, 2018. "A matrix approach to valuation and performance measurement based on accounting information considering different financing policies," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 29(1), pages 37-61, March.

  19. Fernandez, Pablo, 2005. "Financial literature about discounted cash flow valuation," IESE Research Papers D/606, IESE Business School.

    Cited by:

    1. Wiktor Patena, 2011. "Company Valuation. How to Deal with a Range of Values?," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 7(3), pages 75-84, November.

  20. Fernandez, Pablo & Villanueva, Alvaro, 2005. "Shareholder value creators in the S&P 500: Year 2004," IESE Research Papers D/580, IESE Business School.

    Cited by:

    1. Gonul Colak, 2012. "IPO characteristics of index firms," Managerial Finance, Emerald Group Publishing, vol. 38(12), pages 1134-1159, October.

  21. Fernandez, Pablo, 2005. "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," IESE Research Papers D/579, IESE Business School.

    Cited by:

    1. Carlo Alberto, Magni, 2008. "Splitting Up Value: A Critical Review of Residual Income Theories," MPRA Paper 10506, University Library of Munich, Germany.
    2. Andrea Gamba & Leon Gordon & Carmen Aranda Leon, 2008. "Investment Under Uncertainty, Debt and Taxes," Working Papers wpn08-03, Warwick Business School, Finance Group.
    3. Sarmiento-Sabogal, Julio & Sadeghi, Mehdi, 2014. "Unlevered betas and the cost of equity capital: An empirical approach," The North American Journal of Economics and Finance, Elsevier, vol. 30(C), pages 90-105.

  22. Fernandez, Pablo, 2005. "The value of tax shields is not equal to the present value of tax shields: A correction," IESE Research Papers D/581, IESE Business School.

    Cited by:

    1. Fernandez, Pablo, 2005. "Financial literature about discounted cash flow valuation," IESE Research Papers D/606, IESE Business School.

  23. Fernandez, Pablo, 2004. "Market risk premium: Required, historical and expected," IESE Research Papers D/574, IESE Business School.

    Cited by:

    1. Shujie Yao & Dan Luo, 2009. "The Economic Psychology of Stock Market Bubbles in China," The World Economy, Wiley Blackwell, vol. 32(5), pages 667-691, May.
    2. Krzysztof DRACHAL, 2015. "The Structural Stability of a One-Day Risk Premium in View of the Recent Financial Crisis," Expert Journal of Economics, Sprint Investify, vol. 3(2), pages 136-142.

  24. Fernandez, Pablo, 2004. "Shareholder value creation of microsoft and GE," IESE Research Papers D/564, IESE Business School.

    Cited by:

    1. Pablo Fernandez, 2011. "How to Value a Seasonal Company’s Discounting Cash Flows," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 27-52.
    2. Mohsen Afsharian & Anna Kryvko & Peter Reichling, 2011. "Efficiency and Its Impact on the Performance of European Commercial Banks," FEMM Working Papers 110018, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    3. Borell, Mariela & Heger, Diana, 2013. "Sources of value creation through private equity-backed mergers and acquisitions: The case of buy-and-build strategies," ZEW Discussion Papers 13-094, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    4. Fernandez, Pablo, 2008. "The equity premium in finance and valuation textbooks," IESE Research Papers D/745, IESE Business School.

  25. Fernandez, Pablo, 2004. "Are calculated betas good for anything?," IESE Research Papers D/555, IESE Business School.

    Cited by:

    1. Wang, Daxue, 2008. "Herd behavior towards the market index: Evidence from 21 financial markets," IESE Research Papers D/776, IESE Business School.
    2. TILEAGA Cosmin & NITU Oana & NITU Claudiu Valentin, 2014. "Methods For Estimating The Cost Of Capital," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 66(4), pages 7-19.

  26. Fernandez, Pablo, 2004. "Reply to "The value of tax shields is equal to the present value of tax shields"," IESE Research Papers D/576, IESE Business School.

    Cited by:

    1. Dirk Beyer, 2018. "A matrix approach to valuation and performance measurement based on accounting information considering different financing policies," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 29(1), pages 37-61, March.
    2. Cooper, Ian A. & Nyborg, Kjell G., 2006. "The value of tax shields IS equal to the present value of tax shields," Journal of Financial Economics, Elsevier, vol. 81(1), pages 215-225, July.
    3. Andrea Gamba & Leon Gordon & Carmen Aranda Leon, 2008. "Investment Under Uncertainty, Debt and Taxes," Working Papers wpn08-03, Warwick Business School, Finance Group.
    4. Keef, Stephen P & Khaled, Mohammed S & Roush, Melvin L, 2011. "Miller's (2009) WACC model: An extension," Working Paper Series 1995, Victoria University of Wellington, School of Economics and Finance.
    5. el Alaoui, AbdelKader & Masih, Mansur & Bacha, Obiyathulla & Asutay, Mehmet, 2014. "Leverage, Sensitivity to Market Risk and Contagion: A Multi-Country Analysis for Shari’ah(Islamic) Stock Screening," MPRA Paper 57685, University Library of Munich, Germany.

  27. Fernandez, Pablo & Reinoso, Laura, 2003. "Shareholder value creators and shareholder value destroyers in USA. Year 2002," IESE Research Papers D/501, IESE Business School.

    Cited by:

    1. Sliman S. Alsoboa, 2017. "The Influence of Economic Value Added and Return on Assets on Created Shareholders Value: A Comparative Study in Jordanian Public Industrial Firms," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(4), pages 63-78, April.

  28. Fernandez, Pablo, 2003. "Three residual income valuation methods and discounted cash flow valuation," IESE Research Papers D/487, IESE Business School.

    Cited by:

    1. Angus O. Unegbu, 2016. "Redefining, measuring and disclosure of faculty intellectual capital," International Journal of Learning and Intellectual Capital, Inderscience Enterprises Ltd, vol. 13(1), pages 50-71.
    2. Nangia, Vinay Kumar & Agrawal, Rajat & Reddy, K. Srinivasa, 2011. "Business Valuation: Modelling Forecasting Hurdle Rate," MPRA Paper 60420, University Library of Munich, Germany, revised 2011.

  29. Fernandez, Pablo, 2003. "How to value a seasonal company by discounting cash flows," IESE Research Papers D/511, IESE Business School.

    Cited by:

    1. Fernandez, Pablo & Bilan, Andrada, 2007. "110 common errors in company valuations," IESE Research Papers D/714, IESE Business School.
    2. Fernandez, Pablo, 2003. "75 common and uncommon errors in company valuation," IESE Research Papers Db/515, IESE Business School.
    3. Fernandez, Pablo, 2004. "Most common errors in company valuation," IESE Research Papers D/565, IESE Business School.
    4. Fernandez, Pablo, 2004. "80 common and uncommon errors in company valuation," IESE Research Papers D/550, IESE Business School.

  30. Fernandez, Pablo, 2003. "Levered and unlevered Beta," IESE Research Papers D/488, IESE Business School.

    Cited by:

    1. el Alaoui, AbdelKader & Masih, Mansur & Bacha, Obiyathulla & Asutay, Mehmet, 2014. "Leverage, Sensitivity to Market Risk and Contagion: A Multi-Country Analysis for Shari’ah(Islamic) Stock Screening," MPRA Paper 57685, University Library of Munich, Germany.
    2. Kim-Duc NGUYEN & Sinh HAY & Ngoc-Thuy-Duong HUYNH & Cong-Nguyen-Bao TO, 2018. "The Suitability of Proxy Levered Beta in Business Valuation: Evidence from Vietnam," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 8(2), pages 248-268, February.

  31. Fernandez, Pablo, 2003. "75 common and uncommon errors in company valuation," IESE Research Papers Db/515, IESE Business School.

    Cited by:

    1. Collan, Mikael & Sell, Anna & Anckar, Bill & Harkke, Ville, 2005. "Approaches to Using e- and m-Business Components in Business," MPRA Paper 4332, University Library of Munich, Germany.
    2. Collan, Mikael, 2004. "Giga-Investments: Modelling the Valuation of Very Large Industrial Real Investments," MPRA Paper 4328, University Library of Munich, Germany.
    3. el Alaoui, AbdelKader Ouatik & Bacha, Obiyathulla Ismath & Masih, Mansur & Asutay, Mehmet, 2016. "Shari’ah screening, market risk and contagion: A multi-country analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 132(S), pages 93-112.

  32. Fernandez, Pablo, 2003. "Equivalence of ten different methods for valuing companies by cash flow discounting," IESE Research Papers D/524, IESE Business School.

    Cited by:

    1. Elion Jani & Martin Hoesli & André Bender, 2005. "Monte Carlo Simulations for Real Estate Valuation," ERES eres2005_212, European Real Estate Society (ERES).

  33. Fernández, Pablo, 2002. "Valuing real options: frequently made errors," IESE Research Papers D/455, IESE Business School.

    Cited by:

    1. Leh-Chyan So, 2014. "Are Real Options "Real"? Isolating Uncertainty From Risk In Real Options Analysis," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 9(01), pages 1-18.
    2. So, Leh-chyan, 2013. "Are Real Options “Real”? Isolating Uncertainty from Risk in Real Options Analysis," MPRA Paper 52493, University Library of Munich, Germany.
    3. Robert Fourt & Gianluca Marcato & Charles Ward, 2007. "Real Option Pricing in Mixed-use Development Projects," Real Estate & Planning Working Papers rep-wp2007-09, Henley Business School, Reading University.

  34. Fernández, Pablo, 2002. "EVA, Economic profit and cash value added do NOT measure shareholder value creation," IESE Research Papers D/453, IESE Business School.

    Cited by:

    1. Akalu, M.M. & Turner, J.R., 2001. "The Practice of Investment Appraisal," ERIM Report Series Research in Management ERS-2001-77-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    2. Elena Shakina & Maria Molodchik, 2013. "Intangible-driven value creation: supporting and obstructing factors," HSE Working papers WP BRP 24/FE/2013, National Research University Higher School of Economics.
    3. Akalu, M.M. & Turner, J.R., 2001. "Investment Appraisal Process," ERIM Report Series Research in Management ERS-2001-78-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    4. Saadet Kasman & Adnan Kasman, 2011. "Efficiency, Productivity and Stock Performance: Evidence from the Turkish Banking Sector," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(3), pages 355-372, September.
    5. Akalu, M.M. & Turner, J.R., 2002. "Adding Shareholder Value through Project Performance Measurement, Monitoring & Control," ERIM Report Series Research in Management ERS-2002-38-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    6. Herciu, Mihaela & Ogrean, Claudia & Belascu, Lucian, 2009. "La dynamique du binôme capital financier – capital intellectuel dans la création de la valeur de l’entreprise dans une société basée sur la connaissance
      [The dynamics of the financial capital – int
      ," MPRA Paper 16305, University Library of Munich, Germany.

  35. Fernández , Pablo, 2002. "The value of tax shields is not equal to the present value of tax shields," IESE Research Papers D/459, IESE Business School.

    Cited by:

    1. Pablo Fernandez, 2011. "How to Value a Seasonal Company’s Discounting Cash Flows," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 27-52.
    2. Dirk Beyer, 2018. "A matrix approach to valuation and performance measurement based on accounting information considering different financing policies," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 29(1), pages 37-61, March.
    3. André Farber & Roland Gillet & Ariane Szafarz, 2006. "A general formula for the WACC," ULB Institutional Repository 2013/6059, ULB -- Universite Libre de Bruxelles.
    4. Fernandez, Pablo, 2004. "Comments on "A reconsideration of tax shield valuation" by Enrique R. Arzac and Lawrence R. Glosten," IESE Research Papers D/578, IESE Business School.
    5. Fernandez, Pablo, 2003. "Equivalence of ten different methods for valuing companies by cash flow discounting," IESE Research Papers D/524, IESE Business School.
    6. Cooper, Ian A. & Nyborg, Kjell G., 2006. "The value of tax shields IS equal to the present value of tax shields," Journal of Financial Economics, Elsevier, vol. 81(1), pages 215-225, July.
    7. Voeller, Dennis & Overesch, Michael, 2008. "The Impact of Personal and Corporate Taxation on Capital Structure Choices," ZEW Discussion Papers 08-020, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    8. Liu, Yuan-Chi, 2009. "The slicing approach to valuing tax shields," Journal of Banking & Finance, Elsevier, vol. 33(6), pages 1069-1078, June.
    9. Cooper, Ian A. & Nyborg, Kjell G., 2005. "Tax-adjusted discount rates with investor taxes and risky debt," Discussion Papers 2005/15, Norwegian School of Economics, Department of Business and Management Science, revised 20 Sep 2007.
    10. Ignacio Velez-Pareja & Julian Benavides Franco, 2011. "Cost of Capital when Dividends are Deductible," Brazilian Review of Finance, Brazilian Society of Finance, vol. 9(3), pages 309-334.
    11. Fernandez, Pablo, 2007. "A more realistic valuation: APV and WACC with constant book leverage ratio," IESE Research Papers D/715, IESE Business School.
    12. Fernández, Pablo, 2002. "Company valuation methods. The most common errors in valuations," IESE Research Papers D/449, IESE Business School.
    13. Chua, Choong Tze & Eun, Cheol S. & Lai, Sandy, 2007. "Corporate valuation around the world: The effects of governance, growth, and openness," Journal of Banking & Finance, Elsevier, vol. 31(1), pages 35-56, January.
    14. Lahmann Alexander & Arnold Sven & Gmehling Philipp, 2017. "The Impact of Default on Tax Shield Valuation," Journal of Business Valuation and Economic Loss Analysis, De Gruyter, vol. 12(1), pages 41-62, February.
    15. Fernandez, Pablo, 2005. "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(1), pages 188-192, February.
    16. Fernandez, Pablo, 2005. "The value of tax shields depends only on the net increases of debt," IESE Research Papers D/613, IESE Business School.
    17. Fernandez, Pablo, 2005. "Financial literature about discounted cash flow valuation," IESE Research Papers D/606, IESE Business School.
    18. Robert Couch & Michael Dothan & Wei Wu, 2012. "Interest Tax Shields: A Barrier Options Approach," Review of Quantitative Finance and Accounting, Springer, vol. 39(1), pages 123-146, July.
    19. Fieten, Paul & Kruschwitz, Lutz & Laitenberger, Jorg & Loffler, Andreas & Tham, Joseph & Velez-Pareja, Ignacio & Wonder, Nicholas, 2005. "Comment on "The value of tax shields is NOT equal to the present value of tax shields"," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(1), pages 184-187, February.
    20. Rao Ramesh K. S. & Stevens Eric C, 2006. "The Firm's Cost of Capital, Its Effective Marginal Tax Rate, and the Value of the Government's Tax Claim," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 6(1), pages 1-57, January.
    21. Schosser, Josef, 2008. "Bewertung ohne "Kapitalkosten": Ein arbitragetheoretischer Ansatz zu Unternehmenswert, Kapitalstruktur und persönlicher Besteuerung," Passauer Diskussionspapiere, Betriebswirtschaftliche Reihe 13, University of Passau, Faculty of Business and Economics.
    22. Fernandez, Pablo, 2005. "The value of tax shields is not equal to the present value of tax shields: A correction," IESE Research Papers D/581, IESE Business School.
    23. Michael Overesch & Dennis Voeller, 2010. "The Impact of Personal and Corporate Taxation on Capital Structure Choices," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 66(3), pages 263-294, September.
    24. Fernández , Pablo, 2002. "Valuing companies by cash flow discounting: Ten methods and nine theories," IESE Research Papers D/451, IESE Business School.
    25. el Alaoui, AbdelKader & Masih, Mansur & Bacha, Obiyathulla & Asutay, Mehmet, 2014. "Leverage, Sensitivity to Market Risk and Contagion: A Multi-Country Analysis for Shari’ah(Islamic) Stock Screening," MPRA Paper 57685, University Library of Munich, Germany.
    26. Sarmiento-Sabogal, Julio & Sadeghi, Mehdi, 2014. "Unlevered betas and the cost of equity capital: An empirical approach," The North American Journal of Economics and Finance, Elsevier, vol. 30(C), pages 90-105.
    27. Fernandez, Pablo, 2005. "The value of tax shields with a fixed book-value leverage ratio," IESE Research Papers D/612, IESE Business School.
    28. Sven Arnold & Alexander Lahmann & Bernhard Schwetzler, 2018. "Discontinuous financing based on market values and the value of tax shields," Business Research, Springer;German Academic Association for Business Research, vol. 11(1), pages 149-171, February.
    29. Christian Bach, 2011. "Conservatism in Corporate Valuation," CREATES Research Papers 2011-32, Department of Economics and Business Economics, Aarhus University.
    30. Fernandez, Pablo, 2004. "Reply to "The value of tax shields is equal to the present value of tax shields"," IESE Research Papers D/576, IESE Business School.
    31. Fernandez, Pablo, 2004. "Equivalence of ten different discounted cash flow valuation methods," IESE Research Papers D/549, IESE Business School.
    32. Fernandez, Pablo, 2003. "Levered and unlevered Beta," IESE Research Papers D/488, IESE Business School.
    33. Fernandez, Pablo, 2004. "Value of tax shields and the risk of the net increase of debt, The. Year 2004," IESE Research Papers D/544, IESE Business School.
    34. Fernández, Pablo, 2013. "Valuing Companies by Cash Flow Discounting: Fundamental Relationships and Unnecessary Complications," IESE Research Papers D/1062, IESE Business School.
    35. Fernandez, Pablo, 2005. "Valuing companies with a fixed book-value leverage ratio," IESE Research Papers D/614, IESE Business School.
    36. Peter Reichling & Anastasiia Zbandut, 2017. "Costs of capital under credit risk," FEMM Working Papers 170003, Otto-von-Guericke University Magdeburg, Faculty of Economics and Management.
    37. Marko Volker Krause & Alexander Lahmann, 2016. "Reconsidering the appropriate discount rate for tax shield valuation," Journal of Business Economics, Springer, vol. 86(5), pages 477-512, July.
    38. Fernandez, Pablo, 2004. "80 common and uncommon errors in company valuation," IESE Research Papers D/550, IESE Business School.
    39. Fernandez, Pablo, 2006. "The correct value of tax shields: An analysis of 23 theories," IESE Research Papers D/628, IESE Business School.

  36. Fernández, Pablo, 2002. "Company valuation methods. The most common errors in valuations," IESE Research Papers D/449, IESE Business School.

    Cited by:

    1. Marc Vilanova & Josep Lozano & Daniel Arenas, 2009. "Exploring the Nature of the Relationship Between CSR and Competitiveness," Journal of Business Ethics, Springer, vol. 87(1), pages 57-69, April.
    2. Nangia, Vinay Kumar & Agrawal, Rajat & Reddy, K. Srinivasa, 2011. "Business Valuation: Modelling Forecasting Hurdle Rate," MPRA Paper 60420, University Library of Munich, Germany, revised 2011.
    3. Laimutė Urbšienė & Viktorija Nemunaitytė & Artūras Zatulinas, 2015. "Comparison Of Premiums Of Chinese And European Companies In Mergers And Acquisitions In Europe," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 6(2).
    4. Sofiane DELFOUF, 2016. "The Determinants of the Financing Decision: A panel Data Study of Listed Firm in Malaysian Stock Exchange (2005-2016)," Turkish Economic Review, KSP Journals, vol. 3(4), pages 668-676, December.
    5. Cindea Diana Marieta, 2009. "Methods Designed To Determine The Value Of The Firm And Their Deficiences," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 131-136, May.

  37. Fernández , Pablo, 2002. "Valuing companies by cash flow discounting: Ten methods and nine theories," IESE Research Papers D/451, IESE Business School.

    Cited by:

    1. Carlo Alberto, Magni, 2008. "Splitting Up Value: A Critical Review of Residual Income Theories," MPRA Paper 10506, University Library of Munich, Germany.
    2. Reddy, Kotapati Srinivasa, 2015. "Determinants of Cross-border Mergers and Acquisitions: A Comprehensive Review and Future Direction," MPRA Paper 63969, University Library of Munich, Germany, revised 2015.
    3. Nangia, Vinay Kumar & Agrawal, Rajat & Reddy, K. Srinivasa, 2011. "Business Valuation: Modelling Forecasting Hurdle Rate," MPRA Paper 60420, University Library of Munich, Germany, revised 2011.
    4. Xie, En & Reddy, K.S. & Liang, Jie, 2017. "Country-specific determinants of cross-border mergers and acquisitions: A comprehensive review and future research directions," Journal of World Business, Elsevier, vol. 52(2), pages 127-183.
    5. Jennergren, L. Peter, 2004. "Continuing Value in Firm Valuation by the Discounted Cash Flow Model," SSE/EFI Working Paper Series in Business Administration 2004:15, Stockholm School of Economics.
    6. Barajas, Angel, 2004. "Modelo de valoración de clubes de fútbol basado en los factores clave de su negocio
      [Valuation model for football clubs based on the key factors of their business]
      ," MPRA Paper 13158, University Library of Munich, Germany.
    7. Girish K. Nair & Lewlyn Lester Raj Rodrigues, 2013. "Dynamics of Financial System: A System Dynamics Approach," International Journal of Economics and Financial Issues, Econjournals, vol. 3(1), pages 14-26.
    8. Patrick Boisselier & Dominique Dufour, 2007. "Comptabilite Et Valorisation A L'Introduction Sur Alternext (2005-2006)," Post-Print halshs-00544917, HAL.
    9. Fernandez, Pablo, 2006. "The correct value of tax shields: An analysis of 23 theories," IESE Research Papers D/628, IESE Business School.

  38. Fernández, Pablo, 2002. "A definition of shareholder value creation," IESE Research Papers D/448, IESE Business School.

    Cited by:

    1. Jaros³aw Kaczmarek, 2014. "Measurement Of Creating Corporate Value For Shareholders – Development Of Measurements And Improvement Of Management Competence And Skills," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 9(1), pages 72-83, June.
    2. Sandeep Goel, 2015. "EVA as an Indicator of Shareholders' Value Creation," Accounting and Finance, Institute of Accounting and Finance, issue 1, pages 66-70, March.
    3. Sliman S. Alsoboa, 2017. "The Influence of Economic Value Added and Return on Assets on Created Shareholders Value: A Comparative Study in Jordanian Public Industrial Firms," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(4), pages 63-78, April.

  39. Fernández, Pablo, 2002. "Valuation using multiples. How do analysts reach their conclusions?," IESE Research Papers D/450, IESE Business School.

    Cited by:

    1. Welc Jacek, 2017. "EBITDA vs. Cash Flows in Bankruptcy Prediction on the Polish Capital Market," European Financial and Accounting Journal, University of Economics, Prague, vol. 2017(2), pages 91-103.
    2. Michael S. Long & Isuru Devaka Wijeyaratne, 2013. "Reaching Economies of Scale to Be a Viable Ongoing Entity," Review of Pacific Basin Financial Markets and Policies (RPBFMP), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 1-21.
    3. Juhász Jácint & Kovács Imola & Kovács Ildikó, 2010. "Comparable Valuation Method - A New Approach. Case Study: A Romanian Flexographic Printing Firm," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 571-577, December.
    4. Meitner, Matthias, 2003. "Option-Style Multi-Factor Comparable Company Valuation for Practical Use," ZEW Discussion Papers 03-76, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    5. Jacek WELC, 2014. "Impact of Earnings Smoothness on Stock Prices, Stock Returns and Future Earnings Changes - the Polish Experience," European Financial and Accounting Journal, University of Economics, Prague, vol. 2014(3).

Articles

  1. Pablo Fernández & Andrada Bilan, 2013. "110 Common Errors in Company Valuations," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 33-78.
    See citations under working paper version above.
  2. Pablo Fernandez, 2011. "How to Value a Seasonal Company’s Discounting Cash Flows," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 27-52.

    Cited by:

    1. Nangia, Vinay Kumar & Agrawal, Rajat & Reddy, K. Srinivasa, 2011. "Business Valuation: Modelling Forecasting Hurdle Rate," MPRA Paper 60420, University Library of Munich, Germany, revised 2011.

  3. Fernandez, Pablo, 2009. "The equity premium in 150 textbooks," Journal of Financial Transformation, Capco Institute, vol. 27, pages 14-18.
    See citations under working paper version above.
  4. Pablo Fernández, 2007. "Valuing companies by cash flow discounting: ten methods and nine theories," Managerial Finance, Emerald Group Publishing, vol. 33(11), pages 853-876, October. See citations under working paper version above.
  5. Fernandez, Pablo, 2005. "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(1), pages 188-192, February. See citations under working paper version above.
  6. Fernandez, Pablo, 2004. "The value of tax shields is NOT equal to the present value of tax shields," Journal of Financial Economics, Elsevier, vol. 73(1), pages 145-165, July. See citations under working paper version above.

More information

Research fields, statistics, top rankings, if available.

Statistics

Access and download statistics for all items

Rankings

This author is among the top 5% authors according to these criteria:
  1. Number of Works
  2. Number of Distinct Works
  3. Number of Distinct Works, Weighted by Number of Authors
  4. Number of Abstract Views in RePEc Services over the past 12 months
  5. Number of Downloads through RePEc Services over the past 12 months
  6. Number of Abstract Views in RePEc Services over the past 12 months, Weighted by Number of Authors
  7. Number of Downloads through RePEc Services over the past 12 months, Weighted by Number of Authors
  8. Record of graduates

Co-authorship network on CollEc

Featured entries

This author is featured on the following reading lists, publication compilations or Wikipedia entries:
  1. Mercados Derivados

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 120 papers announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-CFN: Corporate Finance (79) 2002-11-18 2002-11-18 2002-11-18 2002-11-18 2002-11-18 2002-11-18 2003-01-19 2003-04-02 2003-04-02 2003-04-02 2003-05-18 2003-10-05 2003-11-09 2003-11-09 2003-11-16 2004-03-28 2004-04-04 2004-04-04 2004-04-04 2004-04-04 2004-04-04 2004-04-18 2004-05-02 2004-09-30 2004-11-07 2005-03-06 2005-03-06 2005-04-09 2005-05-14 2005-05-14 2005-12-09 2005-12-09 2005-12-09 2006-02-12 2006-07-02 2006-07-02 2006-07-02 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-28 2007-05-19 2007-05-19 2007-05-19 2007-05-19 2007-05-19 2007-05-19 2008-02-02 2008-02-02 2008-03-01 2008-03-01 2008-10-21 2008-10-21 2009-02-07 2009-03-28 2009-05-30 2009-05-30 2009-05-30 2009-11-14 2009-11-14 2009-11-14 2009-11-14 2009-11-21 2009-11-21 2011-03-05 2011-03-05 2011-04-09 2011-04-09 2011-05-30 2011-05-30 2011-05-30 2011-05-30 2011-05-30 2011-05-30 2011-07-21 2012-07-01. Author is listed
  2. NEP-FMK: Financial Markets (29) 2004-04-04 2004-04-04 2004-04-18 2004-05-02 2005-12-09 2006-02-12 2006-04-29 2006-07-02 2006-07-02 2006-07-02 2006-07-02 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2007-02-17 2008-02-02 2008-10-21 2009-02-07 2009-05-30 2009-11-14 2009-11-14 2009-11-21 2011-05-30 2011-05-30 2011-05-30 2011-05-30. Author is listed
  3. NEP-FIN: Finance (27) 2004-04-04 2004-04-04 2004-04-04 2004-05-02 2004-12-20 2004-12-22 2005-04-09 2005-04-09 2005-05-14 2005-05-14 2005-09-29 2005-12-09 2005-12-09 2005-12-09 2006-02-12 2006-04-29 2006-07-02 2006-07-02 2006-07-02 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-28 2006-10-28. Author is listed
  4. NEP-ACC: Accounting & Auditing (17) 2002-11-18 2002-11-18 2002-11-18 2002-11-18 2002-11-18 2002-11-18 2004-05-02 2004-09-30 2004-11-07 2004-12-20 2004-12-20 2005-03-06 2005-03-06 2006-07-02 2006-07-02 2008-02-02 2011-04-09. Author is listed
  5. NEP-HIS: Business, Economic & Financial History (12) 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-14 2006-10-28 2006-10-28 2007-02-17 2007-05-04 2007-05-19 2009-11-21 2011-03-05. Author is listed
  6. NEP-UPT: Utility Models & Prospect Theory (10) 2006-12-01 2007-02-17 2008-10-21 2009-02-07 2009-03-28 2009-05-30 2009-09-11 2009-11-14 2009-11-21 2011-05-30. Author is listed
  7. NEP-RMG: Risk Management (8) 2002-11-18 2003-01-19 2003-11-16 2004-04-04 2004-12-20 2005-04-09 2005-04-09 2007-02-17. Author is listed
  8. NEP-EEC: European Economics (5) 2003-10-05 2005-04-09 2006-07-02 2008-06-07 2008-10-21. Author is listed
  9. NEP-BAN: Banking (1) 2011-05-30
  10. NEP-COM: Industrial Competition (1) 2002-11-18
  11. NEP-CWA: Central & Western Asia (1) 2009-09-11
  12. NEP-IFN: International Finance (1) 2007-02-17
  13. NEP-NET: Network Economics (1) 2002-11-18
  14. NEP-PUB: Public Finance (1) 2006-07-02

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. For general information on how to correct material on RePEc, see these instructions.

To update listings or check citations waiting for approval, Pablo Fernandez should log into the RePEc Author Service.

To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. There, details are also given on how to add or correct references and citations.

To link different versions of the same work, where versions have a different title, use this form. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically.

Please note that most corrections can take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.