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. Stimmrechtsblöcken auf den Unternehmenswert ist bisher jedoch weder theoretisch noch empirisch eindeutig geklärt. Franca Ruhwedel nimmt …
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The paper presents an empirical verification of the main assumptions underlying the calculation of terminal value in DCF valuation models. The test results suggest that the volatility of free cash flows and the dynamism of the operating environment do not allow us to make a reliable long-term...
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