{"id":"W4255938564","doi":"10.1092/y51r-c3yf-mt0t-bwe2","title":"On Comparing Residual Income and Discounted Cash Flow Models of Equity Valuation: A Response to Penman 2001 (CAR, Winter 2001)","year":2001,"lang":"en","type":"article","venue":"Contemporary Accounting Research","topic":"Financial Reporting and Valuation Research","field":"Business, Management and Accounting","cited_by":10,"is_retracted":false,"has_abstract":false,"ca_institutions":"","funders":"","keywords":"Dividend; Valuation (finance); Equity (law); Free cash flow; Discounted cash flow; Earnings; Actuarial science; Residual income valuation; Economics; Cash flow; Econometrics; Mathematics; Accounting; Political science; Equity risk; Finance; Law","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":true,"about_ca":false,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"metacan-v3-hybrid-931329e0061c","candidate_categories":[],"consensus_categories":[],"category_scores_codex":[0.01765271,0.0009553827,0.001463174,0.001542107,0.002148242,0.006690658,0.00280906,0.005721631,0.01018824],"category_scores_gemma":[0.08795413,0.0004712635,0.001363655,0.003377744,0.002382345,0.008432399,0.003493239,0.007821892,0.001195738],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.006637993,"about_ca_system_score_gemma":0.002808904,"about_ca_topic_candidate":false,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.01395803,"about_ca_topic_score_gemma":0.01407269,"domain_scores_codex":[0.9950531,0.003278387,0.0001891317,0.0004441831,0.0008569025,0.0001783451],"domain_scores_gemma":[0.9129583,0.07545222,0.001374431,0.001750359,0.00773013,0.0007346085],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"theoretical_or_conceptual","study_design_gemma":"theoretical_or_conceptual","study_design_scores_codex":[0.0007802669,0.0003696345,0.006310652,0.0006696157,0.0002229113,0.0003898395,0.002427028,0.02046042,0.0005954992,0.5030689,0.351131,0.1135742],"study_design_scores_gemma":[0.0001220986,0.0002131483,0.008197514,0.001234742,0.0002201193,0.0001896379,0.006628522,0.04414723,0.00111329,0.8112952,0.1264504,0.0001880577],"study_design_candidate":"theoretical_or_conceptual","study_design_consensus":"theoretical_or_conceptual","genre_codex":"commentary","genre_gemma":"empirical","genre_scores_codex":[0.1081513,0.05950034,0.0903849,0.6673225,0.01410982,0.0002477954,0.001595738,0.000380393,0.05830715],"genre_scores_gemma":[0.7200376,0.04057569,0.06790677,0.1218173,0.01019967,0.0005946162,0.002306524,0.0007711964,0.03579065],"genre_candidate":"empirical","genre_consensus":null,"teacher_disagreement_score":0.01765271,"threshold_uncertainty_score":0.09335756,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.2814449029595585,"score_gpt":0.4253413136617933,"score_spread":0.1438964107022349,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}