Peculiarities of Market Approach Application: Recent Research on developed and emerging markets

  • Евгений Владимирович Данилов HSE
  • Хазинат Курбан-Алиевна Ибрагимова HSE
  • Евгения Андреевна Нестеренко НИУ ВШЭ
  • Азиза Эриковна Улугова HSE http://orcid.org/0000-0001-6987-8418
  • Игорь Александрович Чалов НИУ ВШЭ
DOI: https://doi.org/10.17323/j.jcfr.2073-0438.7.2.2013.112-127
Keywords: emerging capital markets, market approach, multiples’ selection

Abstract

Evgeny Vladimirovich Danilov Authors:Khazinat Kurban-Alievna Ibragimova Evgenia Andreevna Nesterenko Aziza Erikovna Ulugova Igor A. Chalov

Market approach involves comparing market prices of comparables and actual financial results of the business under valuation. Although this method can easily be applied to valuation in comparison with income approach, several issues arise in connection with multiples’ selection and adjustments, peculiarities of different markets and accuracy of the estimates. This review is aimed at generalization of approaches to these issues and specific features of researches on developed and emerging markets.

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Published
2013-08-01
How to Cite
ДаниловЕ. В., ИбрагимоваХ. К.-А., НестеренкоЕ. А., УлуговаА. Э. and ЧаловИ. А. (2013) “Peculiarities of Market Approach Application: Recent Research on developed and emerging markets”, Journal of Corporate Finance Research / Корпоративные Финансы | ISSN: 2073-0438, 7(2), pp. 112-127. doi: 10.17323/j.jcfr.2073-0438.7.2.2013.112-127.
Issue
Vol 7 No 2 (2013)
Section
Reviews