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The decision to cooperate within R&D joint ventures is often based on expert advice such advice typically originates in a due diligence process, which assesses the R&D joint ventures profitability, for example, by appraising the achievability of synergies. We show that if the experts who advise...
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Effective risk management is a core competency of successful entrepreneurs and investors. The entrepreneur should determine what the most important uncertainties are and how to test and mitigate those uncertainties at the lowest cost. Getting Funded develops frameworks and tools for...
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While both public and private financial agencies supply asset markets with large quantities of information, they do not necessarily disclose all asset-related information to the general public. This observation leads us to ask what principles might govern the optimal disclosure policy for an...
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We determine the weighted average cost of capital (WACC) to be used in the valution of a firm if cash flows grow and …
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Alle modernen Verfahren der Unternehmensbewertung basieren auf der Diskontierung von risikobehafteten Größen …
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