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Published in 2020 at "Journal of Business Economics"
DOI: 10.1007/s11573-020-01010-z
Abstract: Corporate valuation often relies on the assumption of a constant and homogenous growth rate. However, large firms frequently (re)balance their activities by diverting cash flows from some business units to fund investments in other units.…
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Keywords:
business units;
valuation firms;
business;
cross unit ... See more keywords