Schüler, Andreas; Wünsche, Sebastian - In: Schmalenbach journal of business research : SBUR 75 (2023) 2, pp. 239-266
The objective of our paper is to analyze, how valuation practice deals with inflation especially for the terminal value …, and how company value is influenced by assumptions set by practitioners. For that reason, we examine how vulnerable … assumed for the steady-state (terminal value) by comparing them to different estimators for the inflation rate expected at the …