Title :
Valuation methods of asset-type cyclical industry: A case study of steel industry
Author :
Chen, Xiaodan ; Jiang, Guan
Author_Institution :
Sch. of Econ., Yunnan Univ., Kunming, China
Abstract :
Cyclical industry is the pillar industry for the industrial structure and capital market in industrialized countries, yet the value of cyclical industry has always been the difficulty in world financial market and assets valuation. This paper studies the industrial profitability cyclical features of asset cyclical industry, explores into the valuation methods of asset industry by taking steel industry as the main research object.
Keywords :
asset management; industrial economics; profitability; steel industry; stock markets; asset industry valuation methods; asset-type cyclical industry; capital market; industrial profitability cyclical features; industrial structure; industrialized countries; pillar industry; steel industry; valuation methods; world financial market; Indexes; Industries; Market research; Reactive power; Steel; Testing; Cyclical industry; steel industry; valuation method;
Conference_Titel :
Information Management, Innovation Management and Industrial Engineering (ICIII), 2012 International Conference on
Conference_Location :
Sanya
Print_ISBN :
978-1-4673-1932-4
DOI :
10.1109/ICIII.2012.6339783