Finance
The Changing Landscape of Accrual Accounting
The authors’ objective is to explore the temporal changes in the correlation between the cash flow from operations and the accounting accruals. They find that non-timing-related accruals offset the generally accepted negative relationship between cash […]
Visa invites lenders to test a system for sending money over blockchain
Taking its first step towards disrupting the market for payments between banks, Visa (NYSE:V) will invite lenders today to test a system for sending money over blockchain, the technology underpinning bitcoin. The credit card company, […]
SolarCity was undervalued by investment bankers in Tesla’s planned takeover
Tesla has a planned takeover of SolarCity for $2.6 billion in an all-stock deal. However, the investment bank that advised on the deal, Lazard, has apparently made a “computational error” by accidentally discounting SolarCity by […]
Uber’s path to IPO could be rocky
Uber’s $69 billion valuation and large quarterly losses will make for a difficult initial public offering, John Divine argues. The company is valued at about 17.9 times sales, and it would presumably seek an even […]
Blockchain leaders urge collaborative government adoption
Leaders of blockchain companies and projects want municipal, state, federal and supranational officials to develop a strategy for adoption and governance. “Perhaps this is the beginning of some new collaborations that are specifically intended to […]
HBR Tools – Business Valuation (Book)
Are you looking to buy or sell a business, or stock in a business, but you aren’t entirely sure how to calculate its potential value? The HBR Tools for Business Valuation walks you through the […]
ETFs – Fundamentals and Risks (Video)
In this 30-minute pre-recorded webinar, ETF.com explains what ETFs are, how they work and how you can use them in a portfolio. Pick up powerful tips on how to trade ETFs, and how to avoid […]
LBS – Disruptive FinTech: fear or future?
Are we resigned to a future where disruption rather than stability is the new normality? We saw what Amazon did to record shops and booksellers. We are seeing Uber decimate the cab industry. This fate, […]
Adjusted valuations indicate Facebook as a superior investment
Using Adjusted Earnings and Assets, FB’s Adjusted Return on Assets was 43% in 2015 – roughly five times the traditional 9% ROA most financial databases report. This difference is primarily caused by FB’s $18.0bn goodwill, […]