The Biggest Business Valuation Myth

BVResearch Pro
American Society of Appraisers Business Valuation Review™
Fall 2011 Volume 30, Issue 3 pp. 88-99
Eric W. Nath, ASA


The traditional capital asset pricing model and buildup method have failed to adequately quantify the required rates of return for equity holders. This paper discusses how profoundly business appraisers, the courts, investors, auditors, and the general public have been misled into thinking that these methods are valid, and suggests a way forward.
The Biggest Business Valuation Myth
PDF, Size: 287 KB

Copyright American Society of Appraisers

The information contained in this product is based on content obtained by ASA from sources considered to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. BVR and ASA accept no liability for the use of such information which is provided "AS IS" and with no warranties, express or implied.