New feature in Business Valuation Update spotlights research

BVWireIssue #261-3
June 19, 2024

valuation methods & approaches
cost of capital, risk analysis, risk-free rate, equity risk premium (ERP), data, research resources

To promote more of a connection between valuation practice and financial research, BVR’s monthly Business Valuation Update now includes a recap of research and scholarly papers that should be of interest to valuation experts. Each month, one paper will be featured with a summary and there will be a listing of other papers along with a capsule description and links. These papers are either recently published or have just come to our attention.

For the July issue, the following papers are included.

Featured paper: “Beyond Subjective Weights—Risk Aware Reporting of Valuation Results for a Privately Held Business” Mikhail Munenzon, CFA, ASA, CAIA, PRM, MIA (InteleK Business Valuation & Advisory)

Other papers of note include the following topics:

  • ERPs and risk-free rates (Pablo Fernandez survey);
  • Valuation of data assets;
  • Quantitative disclosures and risk; and
  • Impact of founder-family succession on firm value.

If you know of a paper that should be included in this new feature, please contact the editor at

Please let us know if you have any comments about this article or enhancements you would like to see.