Adriano, Alcalde; Paulo, Lopes Fávero Luiz; Renata, … - In: Contaduría y Administración 58 (2013) 2, pp. 197-220
This study explores the controversy between the business and academic perspectives regarding earnings before interest, taxes, depreciation, and amortization (EBITDA). Some authors argue that EBITDA is not useful as an indicator, except for comparing companies within the same sector (Assaf Neto,...