Uncertainty in firm valuation and a cross-sectional misvaluation measure

HIGHLIGHTS

  • who: Giulio Bottazzi from the Institute of Economics and EMbeDS Department, Scuola Superiore Sant`Anna, Piazza Martiri della Libertu00e0, Pisa, Italy Department of Economics, Royal Holloway University of London, Egham , EX, UK have published the research work: Uncertainty in firm valuation and a cross-sectional misvaluation measure, in the Journal: (JOURNAL) of September/28,/2018
  • what: The authors propose an original and robust methodology for company market valuation which replaces the traditional point estimate of the conventional Discounted Cash Flow model with a probability distribution of fair values that convey information about both the expected . . .

     

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