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Capm Und Tax-Capm Im Mehrperiodenfall

Capm Und Tax-Capm Im Mehrperiodenfall

          
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About the Book

Für den Mehrperiodenfall mit diskreten Zeitpunkten wird eine Variante des (µ, σ)-Kriteriums eingeführt, die vergleichbare Glättungseigenschaften wie das Entscheidungskriterium der erwarteten Nutzenmaximierung hat. Unterstellt man, dass die Investitionsmöglichkeiten zu jedem Zeitpunkt unabhängig vom Umweltzustand sind, so gelten die Aussagen des CAPM analog auch im Mehrperiodenfall. Steffen Hüper zeigt auf, dass das Tax-CAPM von Brennan analog zum CAPM auf den Mehrperiodenfall erweitert werden kann. Als Ergebnis leitet er eine Bewertungsformel ab, welche die vom IDW bei gesellschaftsrechtlichen und vertraglichen Bewertungsanlässen geforderte explizite Berücksichtigung persönlicher Steuern im Mehrperiodenfall ermöglicht.


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Product Details
  • ISBN-13: 9783658259303
  • Publisher: Springer Fachmedien Wiesbaden
  • Binding: Paperback
  • Language: German
  • Returnable: Y
  • Weight: 163 gr
  • ISBN-10: 3658259302
  • Publisher Date: 04 Apr 2019
  • Height: 210 mm
  • No of Pages: 109
  • Spine Width: 7 mm
  • Width: 148 mm


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