When Capital Follows Profitability: Non-linear Residual Income Dynamics

• 1 January 2001
• journal article
• Published by Springer Nature in Review of Accounting Studies
• Vol. 6  (2/3) , 229-265
• https://doi.org/10.1023/a:1011666926073

Abstract

Keywords

• RESIDUAL INCOME
• OHLSON
• CAPITAL FOLLOWS PROFITABILITY
• CONVEX
• VALUATION
• LID
• GUIDED
• FELTHAM