A Race to the Bottom: Is that Where Business Valuators are Headed?

Business Valuation UpdateVol. 12 No. 7
July 2006
Lance Hall, ASA

Summary

Financial scandals surround us. Tainted “buy” recommendations; manipulation of earnings; after-hours mutual fund trading; back-dating option grants; pay-to-play; biased fairness opinions—these and other professional abuses are current fodder for the pres ...