Kaleidos è impegnata nelle seguenti aree di ricerca:
- Utilizzo dell’intelligenza artificiale ( sistemi esperti fuzzy) per la valutazione delle acquisizioni e del rischio di dissesto.
- Modelli quantitativi di valutazione del grado di solvibilità di un’impresa (modelli di rating e credit scoring).
- Modelli di valutazione di prodotti derivati di finanza strutturata (swaps su tassi di interesse e valute, obbligazioni strutturate tipo CDO ed altri, derivati creditizi tipo credit default swap, obbligazioni strutturate).
- Modelli di stima della creazione di valore d’impresa (reddito residuale, valore aggiunto economico), metriche innovative per la valutazione degli investimenti di capital budgeting, per l’analisi di portafogli finanziari e indici di ranking relativi alle performance.
Business Valuation
Stefano Malagoli.
La valutazione nelle acquisizioni.
Sistemi esperti e logica fuzzy.
Eegea 2006.
Equity Rating
Magni CA, Malagoli S, Marchioni A, Mastroleo G. (2020).
Rating firms and sensitivity analysis
Journal of the Operational Research Society, 71(12), 1940-1958.
Malagoli S., Magni C.A., Buttignon F., Mastroleo G. (2009).
Rating and ranking firms with fuzzy expert systems: the case of Camuzzi.
The IUP Journal of Applied Finance, 15(10) (November), 63−88.
Malagoli S., Magni C.A. and Mastroleo G. (2007)
The use of fuzzy logic and expert systems for rating and pricing firms: a new perspective on valuation.
Managerial Finance, 33(11), 836–852.
Magni C.A., Malagoli S. e Mastroleo G. (2006).
An alternative approach to firms’ evaluation: expert systems and fuzzy logic.
International Journal of Information Technology and Decision Making, 5(1), 195−225.
Valuation and Capital Budgeting
Magni C.A. (2010)
Residual income and value creation: An investigation into the lost-capital paradigm.
European Journal of Operational Research, 201(2) (May), 505-519.
Magni C.A., Vèlez-Pareja I. (2009)
Potential dividends versus actual cash flows in firm valuation.
The ICFAI Journal of Applied Finance, 15(7) (July), 51-66. 1374070
Magni C.A (2009)
A logical umbrella for firm evaluation: the fundamental relation.
La valutazione delle aziende, forthcoming.
Magni C. A. (2009).
Investment decisions, NPV and bounded rationality.
Quantitative Finance, forthcoming.
Magni C.A. (2009)
Opportunity cost, excess profit, and counterfactual conditionals.
Frontiers in Finance and Economics, 6(1) (April), 118−154.
Magni C.A. (2009)
Splitting up value: A critical review of residual income theories.
European Journal of Operational Research, 198(1) (October), 1−22.
Magni C.A. (2009)
Correct or incorrect application of the CAPM?
European Journal of Operational Research, 192(2) (January), 549-560.
Magni C. A. (2008)
Economic profit, NPV, and CAPM: biases and violations of Modigliani and Miller’s Proposition I
The ICFAI Journal of Applied Finance, 14(10) (October), 59-72.
Magni C.A. (2003)
Decomposition of Net Final Values: Systemic Value Added and residual income.
Bulletin of Economic Research 55(2), 149-176