Diese Dissertationsschrift hat die in der Praxis beliebte Unternehmensbewertung mit Multiplikatoren börsennotierter …This dissertation is concerned with company valuation using the practically popular trading multiple approach. To … analytical connection between multiples and fundamental valuation. Furthermore, I propose an adjustment framework to …

We present a machine learning approach to firm valuation that requires only historical accounting data as input. The … value (22.4%). We show that subsequent market valuations move towards the model valuation, generating return predictability …

We investigate the idea that firms' choices of M&A evaluation methods are influenced by two socio-political factors … that arise in the behavioral theory of the firm-uncertainty and controversy. In doing so, we investigate boundary …-makers. The analysis highlights four approaches to M&A evaluation that vary with combinations of uncertainty and controversy …

up is known as Sum-Of-The-Parts (SOTP) valuation and is commonly used in practice by stock market analysts and companies … themselves. However, it is rarely taught in MBA programs or broached in valuation textbooks. Yet the application of the method …