Contemplating the Future of Business Enterprise Valuation


Business enterprise value continues to be a perplexing issue. On the positive side, its conceptual validity is generally accepted, and it has attracted a number of advocates over the years within the appraisal discipline. On the negative side, it is not easily estimated, and it has caused considerable doubt among many appraisers concerning when and how to best deal with it. This article addresses major problem areas with the estimation of business enterprise value and offers three possible scenarios for the future. Of the scenarios presented, one is recommended as the best approach for addressing BEV issues. [ABSTRACT FROM AUTHOR] Copyright of Appraisal Journal is the property of Appraisal Institute and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)


Finance and General Business

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Appraisal Journal