scholarly journals Viability of residential properties in Ota, Ogun state Nigeria using modified break-even valuation technique

2021 ◽  
Vol 655 (1) ◽  
pp. 012087
Author(s):  
C. O. Iroham ◽  
S. A. Oni ◽  
H. I. Okagbue ◽  
M. E. Emetere ◽  
A. O. Oluwunmi ◽  
...  

ABSTRACT The ecosystem services provided by wetlands can be direct or indirect. The direct services can be mostly valued through market prices, but the indirect service like aesthetic beauty and its impact on property prices surrounding the natural resource cannot be directly measured. To single out the economic effect of particular amenity which influenced the land property prices, the advanced valuation technique Hedonic property pricing was most popularly used. In this study, it was attempted to assess using the hedonic property pricing technique, the impact of the presence of the freshwater body, the Vellayani Lake on land property prices surrounding it. The results revealed that the marginal implicit price of getting one cent of land with lake view evaluated at mean property price of Rs. 2,44250 was Rs.79171. The total aesthetic value of land with the scenic beauty of the lake was Rs. 275.92 crores.


2020 ◽  
Vol 24 (04) ◽  
pp. 750-754
Author(s):  
Omeje Maxwell ◽  
Olusegun Adewoyin O ◽  
Joel Emmanuel S ◽  
Akinwumi S.A ◽  
Omeje Uchechukwu A

Coronaviruses ◽  
2020 ◽  
Vol 01 ◽  
Author(s):  
Olanrewaju Samson Olaitan ◽  
Olowoporoku Oluwaseun

Background: It is against the background of the emerging incidence of coronavirus pandemic in Nigeria, and the need for its management that this study adapts gravity model for predicting the risk of the disease across states of the country. Methods: The paper relied on published government data on population, and gross domestic product, while the distance of town to the nearest international airport was also obtained. These data were log transformed and further used in the calculation of gravity scores for each state of the federation. Results: The study discovered that with the gravity score ranging from 2.942 to 4.437, all the states of the federation have the risk of being infected with the pandemic. Meanwhile Ogun State (4.837) has a very high risk of being infected with the disease. Other states with high risks are Oyo (4.312), Jigawa (4.235), Niger (4.148) and Katsina (4.083). However, Taraba State has the least infection risk of the pandemic in Nigeria. Factors influencing the risk level of the pandemic are proximity, porous boundary between states, and elitism. Conclusion: The paper advocates border settlement planning, review of housing standards, and advocacy for sanitation in different states. It therefore concludes that adequate urban planning in unison with economic and epidemiology techniques will provide a strong strategy for the management of the disease.


2000 ◽  
Vol 14 (2) ◽  
pp. 169-189 ◽  
Author(s):  
Leonard C. Soffer

One of the cornerstones of financial statement analysis is the discounted cash flow valuation. Despite the broad use of this valuation technique, and the economic importance of employee stock options to firm values, there is little guidance on how employee stock options should be incorporated in a valuation. This paper provides a comprehensive approach to doing so, including consideration of the income tax implications of option exercises, the simultaneity of equity and option valuation, and the use of the disclosures that were mandated recently by Statement of Financial Accounting Standards No. 123. The paper provides a comprehensive example using Microsoft's fiscal 1997 financial statements and employee stock option disclosure. This paper should be of interest to academics and practitioners involved in corporate valuation and financial statement analysis.


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