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The Private Company Discount
3 references·2 citing·22 second hop
The Private Company Discount (2000)The Private Company DiscountTHE MARKET PRICING OF CASH FLOW FORECASTS: DISCOUNTED CASH FLOW VS. THE METHOD OF “COMPARABLES” (1996)THE MARKET PRICING OF CASH FL…Market Discounts and Shareholder Gains for Placing Equity Privately (1993)Market Discounts and Sharehol…Discounts on Restricted Stock: The Impact of Illiquidity on Stock Prices (1991)Discounts on Restricted Stock…Private Ownership and the Cost of Debt: Evidence from the Bond Market (2015)Private Ownership and the Cos…Earnings Management in Takeovers of Privately Held Targets (2007)Earnings Management in Takeov…The effects of management buyouts on operating performance and value (1989)The Cross-Section of Expected Stock Returns (1992)The Valuation of Cash Flow Forecasts: An Empirical Analysis (1995)Principles of Private Firm Valuation (2005)Does consistency improve accuracy in multiple—based valuation? (2015)Best Practices in Applying Multiples for Valuation Purposes (2016)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)Sorting things out: valuation of new firms in uncertain markets (2003)Business Groups and Tunneling: Evidence from Private Securities Offerings by Korean Chaebols (2006)Uncertainty, Financial Frictions, and Investment Dynamics (2014)Stock price effects and costs of secondary distributions (1985)How Much Can Marketability Affect Security Values? (1995)Liquidity shocks and equilibrium liquidity premia (2003)Paper millionaires: how valuable is stock to a stockholder who is restricted from selling it? (2003)Investment banking, reputation, and the underpricing of initial public offerings (1986)Earnings Management During Import Relief Investigations (1991)Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Stock prices and earnings management around M&A transactions (2020)Determinants of corporate borrowing (1977)Limited-dependent and qualitative variables in econometrics (1983)
this work references cited by second hop

References

  • 1993Market Discounts and Shareholder Gains for Placing Equity Privately662 cited
  • 1991Discounts on Restricted Stock: The Impact of Illiquidity on Stock Prices307 cited
  • 1996THE MARKET PRICING OF CASH FLOW FORECASTS: DISCOUNTED CASH FLOW VS. THE METHOD OF “COMPARABLES”54 cited

Cited by

  • 2007Earnings Management in Takeovers of Privately Held Targets18 cited
  • 2015Private Ownership and the Cost of Debt: Evidence from the Bond Market14 cited

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