{"id":"https://openalex.org/W1900561305","doi":"https://doi.org/10.2469/faj.v41.n6.60","title":"Some Evidence on the Value of Dividend Discount Models","display_name":"Some Evidence on the Value of Dividend Discount Models","publication_year":1985,"publication_date":"1985-11-01","ids":{"openalex":"https://openalex.org/W1900561305","doi":"https://doi.org/10.2469/faj.v41.n6.60","mag":"1900561305"},"language":"en","primary_location":{"id":"doi:10.2469/faj.v41.n6.60","doi":"https://doi.org/10.2469/faj.v41.n6.60","is_oa":false,"landing_page_url":"https://doi.org/10.2469/faj.v41.n6.60","pdf_url":null,"source":{"id":"https://openalex.org/S162525099","display_name":"Financial Analysts Journal","issn_l":"0015-198X","issn":["0015-198X","1938-3312"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Financial Analysts Journal","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5050115523","display_name":"Eric H. Sorensen","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Eric H. Sorensen","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":null,"display_name":"David A. Williamson","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"David A. Williamson","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":66,"citation_normalized_percentile":{"value":0.292257,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":99},"biblio":{"volume":"41","issue":"6","first_page":"60","last_page":"69"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.5429999828338623,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.5429999828338623,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.423799991607666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.02710000053048134,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dividend-discount-model","display_name":"dividend discount model","score":0.8980000019073486},{"id":"https://openalex.org/keywords/stock-valuation","display_name":"stock valuation","score":0.9330000281333923},{"id":"https://openalex.org/keywords/portfolio-management","display_name":"portfolio management","score":0.703000009059906},{"id":"https://openalex.org/keywords/price-earnings-ratio","display_name":"price earning ratio","score":0.8550000190734863},{"id":"https://openalex.org/keywords/stock-ranking","display_name":"stock ranking","score":0.8320000171661377},{"id":"https://openalex.org/keywords/risk-adjustment","display_name":"risk adjustment","score":0.9089999794960022},{"id":"https://openalex.org/keywords/model-performance-comparison","display_name":"model performance comparison","score":0.36000001430511475}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7261514663696289},{"id":"https://openalex.org/C116168712","wikidata":"https://www.wikidata.org/wiki/Q181201","display_name":"Dividend","level":2,"score":0.7183810472488403},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.7141035795211792},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6042349338531494},{"id":"https://openalex.org/C2781426361","wikidata":"https://www.wikidata.org/wiki/Q5326940","display_name":"Earnings","level":2,"score":0.592251181602478},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5362932085990906},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.4932095408439636},{"id":"https://openalex.org/C125889939","wikidata":"https://www.wikidata.org/wiki/Q2294672","display_name":"Dividend payout ratio","level":4,"score":0.4305438697338104},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.42544063925743103},{"id":"https://openalex.org/C6927289","wikidata":"https://www.wikidata.org/wiki/Q1100466","display_name":"Present value","level":2,"score":0.42394518852233887},{"id":"https://openalex.org/C59399099","wikidata":"https://www.wikidata.org/wiki/Q5284040","display_name":"Dividend policy","level":3,"score":0.3298652768135071},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.19373631477355957},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.16398939490318298},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.09228169918060303}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.2469/faj.v41.n6.60","doi":"https://doi.org/10.2469/faj.v41.n6.60","is_oa":false,"landing_page_url":"https://doi.org/10.2469/faj.v41.n6.60","pdf_url":null,"source":{"id":"https://openalex.org/S162525099","display_name":"Financial Analysts Journal","issn_l":"0015-198X","issn":["0015-198X","1938-3312"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-2","jufo-1","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Financial Analysts Journal","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":2,"referenced_works":["https://openalex.org/W2104964789","https://openalex.org/W2148590948"],"related_works":["https://openalex.org/W4365518877","https://openalex.org/W2260033314","https://openalex.org/W2907228915","https://openalex.org/W2215691389","https://openalex.org/W2594730304","https://openalex.org/W2101818174","https://openalex.org/W4323786527","https://openalex.org/W3098977378","https://openalex.org/W2787904908","https://openalex.org/W7025009932"],"abstract_inverted_index":{"Systematic":[0],"use":[1],"of":[2,20],"dividend":[3,41],"discount":[4,42],"models":[5,28],"has":[6],"the":[7,13,23,53,63,82],"potential":[8],"to":[9,12,38,48,58],"add":[10],"value":[11],"portfolio":[14],"management":[15],"process.":[16],"Using":[17],"consensus":[18],"forecasts":[19],"earnings":[21],"growth,":[22],"authors":[24],"tested":[25],"four":[26],"valuation":[27],"ranging":[29],"in":[30,79],"complexity":[31],"from":[32,52],"a":[33,39],"simple":[34],"price-earnings":[35],"ratio":[36],"model":[37,45,65,74],"threeperiod":[40],"model.":[43],"Each":[44],"was":[46,66],"used":[47,67,78],"rank":[49],"150":[50],"stocks":[51],"SP":[54],"this":[55],"difference":[56],"increased":[57],"35.63":[59],"per":[60],"cent":[61],"when":[62,77],"three-period":[64],"for":[68,71],"ranking.":[69],"Adjustment":[70],"risk":[72],"improved":[73],"performance,":[75],"especially":[76],"conjunction":[80],"with":[81],"more":[83],"complex":[84],"models.":[85]},"counts_by_year":[{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":4},{"year":2020,"cited_by_count":3},{"year":2019,"cited_by_count":3},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":6},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":2}],"updated_date":"2026-09-29T14:09:16.559479","created_date":"2016-06-24T00:00:00"}
