Equity Valuation: A Survey of Professional Practice
Preprint
- 7 September 2015
- preprint
- Published by Elsevier BV in SSRN Electronic Journal
Abstract
This paper reports the results of a scientific survey of the equity valuation practices of CFA Institute members with equity analysis job responsibilities. Using an instrument designed to minimize biases in prior valuation surveys and sampling a larger group than in any previous study (13,500 investment professionals, resulting in 1,980 valid completed questionnaires), this paper documents professional practices in the selection of equity valuation approaches, including specific model variations and key input preferences.This publication has 18 references indexed in Scilit:
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