Britzelmaier, Bernd; Kraus, Patrick; Häberle, Michael; … - In: EuroMed Journal of Business 8 (2013) 1, pp. 4-16
Purpose – The purpose of this paper is to discuss the applicability of value based management (VBM) concepts for small to medium‐sized enterprises (SMEs) and to identify obstacles for its implementation. Estimating cost of capital is central to all VBM concepts, it is hence intended to...