| 1 | 2/1/2009 | BVResearch |
Size Premia in the Canadian Equity Market
One of the most remarkable discoveries of empirical capital market research is that of a relationship between firm size and equity return. Many studies have shown that risk-adjusted equity returns of public firms are higher for small firms than for...
Klemens Wilhelm
CICBV Publications (6,169 words)
|
| 2 | 3/31/2010 | BVResearch |
Using the 2010 Duff & Phelps Report: Learn from the Master
Using the 2010 Duff & Phelps Report: Learn from the Master Using the 2010 Duff & Phelps Report: Learn from the Master Teleconference Handbook February 18, 2010 Presenter: Roger Grabowski, ASA Please note: This Handbook does not qualify for self...
Teleconference Transcripts (25,420 words)
|
| 3 | 1/26/2007 | BVResearch |
The Equity Risk Premium: A New Assessment
CICBV/ASA Joint Business Valuation Conference October 19-20, 2006 Toronto, Ontario...
Lorne N Switzer
Presentations (1,531 words)
|
| 4 | 11/7/2004 | BVResearch |
Cost of Capital
A complete analysis of the cost of capital from concept to calculations.
Shannon P Pratt
Presentations (4,794 words)
|
| 5 | 10/3/2001 | BVLaw |
B & D Foundations, Inc. v. CIR
The Tax Court considered expert testimony regarding reasonable compensation deductions. Both parties’ experts based their conclusions on data from RMA, Watson Wyatt, the Conference Board, or studies they performed. The court rejected their conclusions bec...
United States Tax Court US, Action: Federal Taxation
Full Text of Court Cases (16,084 words)
|
| 6 | 7/15/2007 | BVResearch |
The Equity Risk Premium in the U.S. and Canada: a New Look
This paper provides updated estimates of the equity risk premium as it applies to both large North American large cap stocks as well as small-caps over the past half-century. Some discussion of alternative explanations of the equity risk premium ôpuzzleö...
Lorne N Switzer
CICBV Publications (5,815 words)
|
| 7 | 1/28/2008 | BVUpdate |
Editor’s Note: This article clarifies the differences between methods of calculating ERP; expands upon the derivation of supply side ERP; demonstrates that both the historical and supply models yield similar, not contradictory, results; and introduces so...
Peng Chen, James Harrington
Data and Publications Update (2,219 words)
Business Valuation Update, January 2008
|
| 8 | 7/15/2007 | BVResearch |
Developing Discount Rates in a Global Environment
The role of the valuation consultant is to communicate supportable findings, taking into consideration the wide variety of market data, academic writings, and market participant views. Country risk adjustment is not just for war or expropriation but...
James T Budyak
CICBV Publications (16,762 words)
|
| 9 | 7/15/2003 | BVResearch |
Ibbotson Risk Premia: Under the Microscope
Ibbotson Associates is the premier provider of risk premium data used in business valuation settings. The focus of this article is to examine the various risk premia presented in Ibbotson’s various publications; specifically, the equity risk premium, size...
Michael Barad
CICBV Publications (5,886 words)
|
| 10 | 11/28/2005 | BVUpdate |
Are you aware of recent research questioning the use of those realized equity premiums as an estimate of the equity risk premium (ERP)? Or do you simply choose to ignore the research?
Roger J Grabowski
Guest Article (4,496 words)
Business Valuation Update, November 2005
|
| 11 | 3/12/2009 | BVResearch |
The Triad Entities Valuation Report November 29, 2000
Valuation Reports
|
| 12 | 6/29/2001 | BVLaw |
Wagner Construction, Inc. v. CIR
The Tax Court considered the amount of reasonable and deductible compensation of two shareholders. The expert for both parties used diverse methods to arrive at positions supporting their respective parties. The Tax Court found that the testimony of the e...
United States Tax Court US, Action: Federal Taxation
Full Text of Court Cases (15,639 words)
|
| 13 | 5/1/2004 | BVResearch |
Estimating Discount Rates and Capitalization Rates
In intellectual property analysis, the terms "discount rate" and "capitalization rate" are often used interchangeably. Such use is an error. The terms discount rate and capitalization rate, although related, are not synonyms. However, the terms (1) disc...
Timothy Meinhart
Willamette Insights (4,070 words)
|
| 14 | 3/20/2006 | BVResearch |
Cost of Capital: How to Use Ibbotson Data And Other Controversial Issues
November 2003 Teleconference Transcript; Panel: Shannon Pratt (Moderator), Roger Grabowski, Doug Lamdin, Alina Niculita, and Ron Seigneur...
Teleconference Transcripts (14,295 words)
|
| 15 | 1/28/2005 | BVUpdate |
This article discusses and compares two sources of size premium data and it touches on the subject of the supply-side equity risk premium.
James R Hitchner, Katherine E Morris
Guest Article (2,670 words)
Business Valuation Update, January 2005
|
| 16 | 6/1/2001 | Free Downloads | |
| 17 | 11/1/2006 | BVResearch |
The Use of Empirical Data to Estimate Discount Rates for Business Valuation and/or Economic Damages Analysis
The process of estimating the present value discount rate is a deceptively simple process. However, a small change in the discount rate can often have a significant impact on (1) the valuation conclusion (for a business valuation engage-ment) or (2) a l...
Craig A Jacobson
Willamette Insights (4,207 words)
|
| 18 | 10/24/2008 | BVResearch |
A Rate/Flow Model An Alternative Approach to Determining Active/Passive Appreciation in Marital Dissolutions
A Rate/Flow Model An Alternative Approach to Determining Active/ Passive Appreciation in Marital Dissolutions By Z. Christopher Mercer, ASA, CFA A presentation from BVR/ASA Divorce: A Hands-On Workshop for BV Practitioners September 16-17, 2008 At...
Christopher Z Mercer
Presentations
|
| 18 | 2/14/2006 | BVResearch |
Rate and Flow
An Alternative Approach to Determining Active/Passive Appreciation in Marital Dissolution...
Articles (7,906 words)
|
| 20 | 3/26/2009 | BVResearch |
The 1997 IRS Valuation Training for Appeals Officers
The 1997 IRS Valuation Training for Appeals Officers provides valuation professionals with IRS approaches to business valuation methodologies and concepts. Some of the lessons in this 195 page document include Introduction to Valuation of Closely Held Bus...
Articles
|
My Bookshelf