Details

Autor(en) / Beteiligte

• Pricer, Robert W
• Johnson, Alec C

Titel

The accuracy of valuation methods in predicting the selling price of small firms.(Special Section: Valuation and Initial Public Offerings)

Ist Teil von

• Journal of small business management, 1997-10, Vol.35 (4), p.24

Ort / Verlag

Milwaukee: Wiley Subscription Services, Inc

Erscheinungsjahr

1997

Link zum Volltext

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• A study compares the predicted selling price with the actual selling price of a sample of small businesses. The first full year before sale, financial statement information was used to predict the value of the small firms in the sample using 12 valuation techniques frequently discussed in the literature. The value predictions were compared with the actual selling price of the firm. The results show that while no single valuation method is dominant in estimating the selling price of a particular business, some methods are clearly better than others. Also, the results suggest that it may be possible to identify a single valuation method that is a reasonable predictor of the selling price of a business.