scispace - formally typeset
Search or ask a question
Topic

Market capitalization

About: Market capitalization is a research topic. Over the lifetime, 3583 publications have been published within this topic receiving 77288 citations. The topic is also known as: market cap & market value.


Papers
More filters
Posted Content
TL;DR: The authors provides the investing public, real estate practitioners, regulators, and real estate and finance academics with up-to-date information on what modern scholarly research tells us about Real Estate Investment Trusts (REITs).
Abstract: The book provides the investing public, real estates practitioners, regulators, and real estate and finance academics with up-to-date information on what modern scholarly research tells us about Real Estate Investment Trusts (REITs). REITs are credited to allow institutional and individual investors to invest in real estate via a corporate entity. The increasing interest in REITs as indicated by their growth in market capitalisation and institutional holdings in the United States and around the world suggests that REITs are becoming an increasingly important part of investors' diversified portfolio.

29 citations

Journal ArticleDOI
01 Jul 2012
TL;DR: In this article, the effect of corporate value, corporate performance and the opportunity to grow the company to stock returns on the stock returns was investigated in 175 manufacturing companies listed on the Indonesia Stock Exchange in the period 2006-2010.
Abstract: In the era of globalization of capital markets have a very important role in the economic activitiesof a state. The company is one of the forming of GDP within a state. Investors are oneof important components in the financing activities of a public company, and the return isvery important for investors because investors expect a high return on their infestations. Sothe value of the company, company performance and growth opportunities the company canbe used as benchmarks to know the stock return. The purpose of this study was to determinethe effect of corporate value, corporate performance and the opportunity to grow the companyto stock returns. The samples used in this study were 175 manufacturing companieslisted on the Indonesia Stock Exchange (BEI) in the period 2006-2010. Statistical tests usedwere multiple linier regression tests. Statistic test results indicate that the value of the companyand corporate performance affect stock returns. It can be seen from the F test and t testwhich showed positive results, which means the value of the company and corporate performancesignificantly to stock returns. The opportunity to grow the F test and t test showednegative results, which means that the company did not grow significantly on stock returns.This is because the opportunity to grow a company not only from the increase or decrease infixed assets but because of other factors.

29 citations

01 Jan 2005
TL;DR: In this paper, the authors examined both empirically and theoretically the growth of U.S. executive pay during the ten-year period 1993-2002 and examined alternative explanations for it under either the arm's length bargaining model of executive compensation or the managerial power model.
Abstract: This paper examines both empirically and theoretically the growth of U.S. executive pay during the ten-year period 1993-2002. During this period, pay has grown much beyond the increase that could be explained by changes in market capitalization and industry mix. Had the relationship of compensation to market capitalization and industry classification remained the same, mean compensation would have increased by less than 20% of its actual increase. During this period, there has been a great increase in the amount of equity-based compensation in both new economy and old economy firms that was not accompanied by a substitution effect, i.e., a reduction in the growth of other types of compensation. In addition, the connection between high compensation and weak shareholder rights has strengthened during the period. Aggregate compensation to top-five executives paid by public companies during the decade has added up to about 250 billion, with the economic significance of pay steadily increasing; during 1998-2002, the aggregate compensation paid by public firms to their top-five executives was about 10% of the aggregate profits of public firms, up from about 6% during 1993-1997. After presenting evidence about the growth of pay during the considered decade, we discuss alternative explanations for it. We examine how this growth could be explained under either the arm’s length bargaining model of executive compensation or the managerial power model. Among other things, we discuss the relevance of the parallel rise in market capitalizations and in the use of equity-based compensation.

28 citations

Journal ArticleDOI
TL;DR: The authors used the 1926 to 2002 Federal Tax code to generate tax-optimized after-tax returns that investors at different income levels would have realized on a set of benchmark portfolios, showing that for an investor at the 95% income level, the historical tax cost of holding SMB and HML is almost 3 and 17 times greater than the cost on the market premium.

28 citations

Journal ArticleDOI
TL;DR: In this paper, the authors used nonlinear neural-fuzzy model to predict the stock price of SAIPA auto-making company, which is a member of Iranian stock market.
Abstract: Today, investment by purchasing stock-share constitutes the greater part of economic exchanges of countries and a considerable amount of capital is exchanged through stock markets in the whole world. National economies are strongly influenced by the operation of stock markets; in addition, stock market as an available means for investment is of special importance for both investor and the receiver of investment. The most important part of this business is to obtain more profits through estimating future stock prices. This research with a probe in a sample of the whole population of the study involves the data and financial record of SAIPA auto-making company which is a member of Iranian stock, aims at the prediction of stock price. The prediction was done by the two linear and nonlinear models for one ahead and multi ahead in stock price by using exogenous variable of stock market cash index, and the results show the preference of nonlinear neural-fuzzy model to classic linear model and verify the capabilities of fuzzy-neural networks in this prediction. JEL Classification: C32-C45-C53. Key words: One-ahead forecast, multi-ahead forecast, ARIMA linear model, neural networks, fuzzy-neural model.

28 citations


Network Information
Related Topics (5)
Volatility (finance)
38.2K papers, 979.1K citations
87% related
Stock market
44K papers, 1M citations
86% related
Interest rate
47K papers, 1M citations
85% related
Corporate social responsibility
45.5K papers, 1M citations
82% related
Entrepreneurship
71.7K papers, 1.7M citations
82% related
Performance
Metrics
No. of papers in the topic in previous years
YearPapers
2023151
2022279
2021154
2020187
2019196
2018186