Blog
EACVA and IVSC launch the new European Business Valuation Magazine (EBVM)
In September 2022 EACVA and IVSC have launched the new European Business Valuation Magazine for valuation practitioners.
Click here to download the first addition and subscribe to future additions for free.
Buying Performance? The Impact of Multiple Arbitrage in B&B Strategies
The study by Heisig, Kick and Schwetzler is based on a sample of 161 buy & build acquisitions with valuation details on related add-on acquisitions. The research breaks down EBITDA growth as a value driver into three components: Organic, Inorganic and „Sourcing“.
[Read more…] about Buying Performance? The Impact of Multiple Arbitrage in B&B Strategies
The Relationship between Enterprise Risk Management and Cost of Capital
The article by M.K. Shad et. al. published in the Asian Academy of Management Journal (AAMJ) investigates the effect of enterprise risk management (ERM) implementation on the cost of capital (cost of debt, cost of equity, and weighted average cost of capital for the oil and gas industry. The research is conducted using panel data analysis from 2008-2017 for 41 oil and gas companies publicly listed on the Bursa Malaysia.
[Read more…] about The Relationship between Enterprise Risk Management and Cost of Capital
Terminal Value
Follow the link to an interesting podcast within the AICPA Podacast serie: Bradford Cornell on Terminal Value. Content:
- A brief history of the terminal value
- The challenges of using steady growth models
- How to use long-term growth models
- Litigation concerns
- Evaluating impact of long-term growth models
- Price vs. value
Follow this link.
