Landsman, Wayne R.; Miller, Bruce L.; Yeh, Shu - In: Journal of Business Finance & Accounting 34 (2007-04) 3-4, pp. 650-675
This study addresses three research questions relating to total exclusions, special items, and other exclusions. Are each of these pro forma exclusion components forecasting irrelevant? Are each of the exclusion components value irrelevant? Are the valuation multiples on the exclusion components...