Empirical evidence shows holding period of major determinant of marketability discount

Business Valuation UpdateVol. 9 No. 4
April 2003
Shannon P. Pratt, CFA, ARM, ABAR, FASA, MCBA, CM&AA


An incorrect and misleading assertion was contained in the article "Predicting Lack of Marketability Discounts by Use of an Econometric (Statistical Regression) Model" by Dr. John Kania , a ...