Has the Size Effect Disappeared?

Business Valuation UpdateVol. 16 No. 12
December 2010
Dr. Michael A. Crain, CPA/ABV, CFA, CFE


Many researchers have documented that the size effect has diminished since the 1980’s, says Mike Crain, speaking at the AICPA National Business Valuation Conference in DC. He offered the following academic studies on this point: • Eleswarapu and Rein ...