The 1930s saw a tremendous increase in skepticism about financial markets and corporate reporting, but also a dramatic growth in the appreciation for the application of more scientific methods to areas such as industry, economy, and finance. During the so-called Roaring Twenties, it seemed almost impossible not to succeed in investing on the financial markets. In the 1930s, those investors courageous enough to risk any of their remaining financial capital sought value like never before, and insisted in delving much more deeply into the sometimes arcane finances of publicly traded corporations. The discipline of finance was ripe for analysis based on greater scientific methodology.
KeywordsCash Flow Corporate Finance Capital Asset Price Model Average Opinion Future Cash Flow
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