Review: Discount for Lack of Marketability Guide and Toolkit

Business Valuation UpdateVol. 23 No. 3
March 2017
Harold Martin, MBA, CPA/ABV, ASA, CFE


When valuing companies under the fair market value standard, many practitioners devote the majority of their report to explaining the valuation approach but then deduct a discount for lack of marketability (DLOM) that materially reduces value without prov ...