Company life cycle models and business valuation

Future free cash flow is a crucial element of most business valuation tools, such as the Discounted Cash Flow model, with the quality of the valuation depending heavily on its forecast accuracy. This paper explores the theory on business life cycle (and growth) models in an aim to improve that quali...

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Bibliographic Details
Main Authors: Michael Corbey, Frans de Roon, Stef Hinfelaar
Format: Article
Language:English
Published: Pensoft 2019-10-01
Series:MAB
Online Access:https://mab-online.nl/article/37561/download/pdf/