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Literature review

Abstract

Despite their widespread usage, only limited theory is available to guide the application of multiples. With a few exceptions, the finance and accounting literature contain inadequate support on how or why certain multiples or comparable firms should be chosen in specific contexts. Compared to the DCF and RIV approach, standard textbooks on valuation devote little space to discussing the multiples valuation method.9

Keywords

Standard Industrial Classification Target Firm Earning Growth Operate Cash Flow Valuation Accuracy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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© Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden 2007

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