The financial-economic crisis and value of equity capital: A case study of Slovenian public limited companies 2006–2011

作者:

Highlights:

• We analyse fundamental value of equity capital in Slovenian public traded companies.

• We examine the difference between market value and fundamental value of equity capital.

• The equity capital of the company before the crisis was overvalued.

• We explain the importance of the market stock price for the economic activity.

• A large decline in trust has threatened the operations of financial institutions.

摘要

•We analyse fundamental value of equity capital in Slovenian public traded companies.•We examine the difference between market value and fundamental value of equity capital.•The equity capital of the company before the crisis was overvalued.•We explain the importance of the market stock price for the economic activity.•A large decline in trust has threatened the operations of financial institutions.

论文关键词:Financial and economic crisis,Fundamental and market values of equity of companies,Management,Equity value,Slovenian public limited companies

论文评审过程:Available online 24 July 2013.

论文官网地址:https://doi.org/10.1016/j.eswa.2013.07.055