Towards and Effective Financial Management: Relevance of Dividend Discount Model in Stock Price Valuation
The aim of this paper is to analyze the relevance of dividend discount model, i.e. its specific form in stock price estimation known as Gordon growth model. The expected dividends can be a measure of cash flows returned to the stockholder. In this context, the model is useful for assessment of how...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute of Economic Sciences
2015-06-01
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| Series: | Economic Analysis |
| Subjects: | |
| Online Access: | http://www.library.ien.bg.ac.rs/index.php/ea/article/view/308/304 |