haku: @author Johnson, P. / yhteensä: 16
viite: 6 / 16
| Tekijä: | Mauboussin, M. Johnson, P. |
| Otsikko: | Competitive advantage period: The neglected value driver |
| Lehti: | Financial Management
1997 : SUMMER, VOL. 26:2, p. 67-74 |
| Asiasana: | COMPETITIVE ADVANTAGE VALUE ANALYSIS STRATEGY FINANCE |
| Kieli: | eng |
| Tiivistelmä: | Although competitive advantage period has great importance in valuation, it is a subject that has not been explicitly addressed in finance textbooks in a way commensurate with its importance. Many analysts and strategic planners that adhere to a DCF framework reduce the model's validity by using explicit forecast periods that do not reflect competitive advantage period. Competitive advantage period can play an important role in linking valuation theory and practice. |
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