Comparative business valuation of SME in Europe

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Autor:in (Körperschaft)
Publikationsdatum
2019
Typ der Arbeit
Semesterarbeit
Studiengang
Typ
11 - Studentische Arbeit
Herausgeber:innen
Herausgeber:in (Körperschaft)
Betreuer:in
Übergeordnetes Werk
Themenheft
DOI der Originalpublikation
Link
Reihe / Serie
Reihennummer
Jahrgang / Band
Ausgabe / Nummer
Seiten / Dauer
Patentnummer
Verlag / Herausgebende Institution
Hochschule für Wirtschaft FHNW
Verlagsort / Veranstaltungsort
Brugg-Windisch
Auflage
Version
Programmiersprache
Abtretungsempfänger:in
Praxispartner:in/Auftraggeber:in
Zusammenfassung
SMEs represent 99% of all businesses in the European Union (EU). They are no longer bound solely to national operations. Instead, they are internationally and globally active and represent attractive cross-border target companies. This increasing attractiveness raises the question for many entrepreneurs about their company’s value. Different opinions on valuation techniques and methods result in different expectations on value and price which makes it harder to compare and does not provide transparency. Research on the evaluation of SMEs is predominantly nationally oriented and illustrates the practice of individual countries. Comparative research is complicated by the fact that national standards are only available in the national language, as in Italy, or at best in English, as in Spain but is limited towards the basic principals. Carland and White (1980) compared national and international standards for company valuation in a first approach but did not address the valuation practices or the unique features of SMEs. Fleischer examined comparative literature in several articles published since 2012 but limited himself to stock corporation and valuation law cash settlement claims. As for Italy, a newer approach by the Organismo Italiano di Valutazione (2018) tries to close this gap by publishing topics of cross-border interest in English in the Business Valuation Journal. However, there is a need for a comparative study on the valuation methods of SMEs across Europe for more transparency in terms of valuation.
Schlagwörter
Fachgebiet (DDC)
330 - Wirtschaft
Projekt
Veranstaltung
Startdatum der Ausstellung
Enddatum der Ausstellung
Startdatum der Konferenz
Enddatum der Konferenz
Datum der letzten Prüfung
ISBN
ISSN
Sprache
Englisch
Während FHNW Zugehörigkeit erstellt
Ja
Publikationsstatus
Begutachtung
Open Access-Status
Lizenz
Zitation
DREIER, Pascal, Benjamin FOPMA, Sebastian HORNER, Sandro LENZIN und Pascal STREBEL, 2019. Comparative business valuation of SME in Europe. Brugg-Windisch: Hochschule für Wirtschaft FHNW. Verfügbar unter: https://irf.fhnw.ch/handle/11654/40486