Valuation Report

Does Size Still Matter in Valuation?

Does Size Still Matter in Valuation?

For decades, valuation analysts have incorporated a “size premium” when calculating the cost of capital in their valuation engagements. A paper by Rolf Banz first documented the size effect in a 1981. Simply put, the theory asserts smaller companies have greater risks...

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New Rulings Provide Insight on Valuation Discounts

New Rulings Provide Insight on Valuation Discounts

While the pandemic has stymied many businesses, important valuation litigation has continued to make its way through the courts. The following provides an overview of a few cases of particular interest to the valuation community and the lessons we can learn from the...

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The Role of Forensic Accounting in Valuation

The Role of Forensic Accounting in Valuation

When valuation analysts dig into the numbers, they often rely on financial information provided by the target company. As the engagement proceeds, sometimes the numbers do not seem quite right. Maybe expenses seem too high or owner’s compensation seems too low....

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