The Variables That Influence Value: An Analysis of European Listed Companies

  • Anna Paola Micheli
  • Anna Maria Calce
  • Elisa Cafolla

Abstract

This paper proposes an analysis of the factors that most influence the corporate value of 64 European listed companies surveyed through Amadeus Bureau van Dijk's database over the 2020 period. Following the prevailing literature, for our study we adopt the multiple linear regression model with ROE, as dependent variable explicative of value, and LIQUID, LEVERAGE, SIZE, CFTA, DATA as explanatory variables. The result of our model indicates that value is positively affected by all explanatory variables except the SIZE variable.

Published
2022-11-20