Discounted or disrupted cash flow: impact of digitisation on company valuation
Loading...
Author (Corporation)
Publication date
2019
Typ of student thesis
Course of study
Collections
Type
04B - Conference paper
Editors
Editor (Corporation)
Supervisor
Parent work
Special issue
DOI of the original publication
Link
Series
Series number
Volume
Issue / Number
Pages / Duration
Patent number
Publisher / Publishing institution
Place of publication / Event location
Bali
Edition
Version
Programming language
Assignee
Practice partner / Client
Abstract
This paper discusses the impact of digitisation on Business Valuation. In order to become and remain "digital", investments are necessary whose return on investment (ROI) often remains vague. This uncertainty is contradictory for a valuation that rely on predictable cash flows, fixed capital structures and the steady state. However, digitisation does not make a company valuation impossible, but traditional approaches must be reconsidered. First and above the valuation objects – the companies – will change: Their value drivers are more and more intangible if not invisible and the business models become finite. The valuation process will change: Predictive Analysis and Planning allow valuations in real time. Thus, the values and prices will vary more than we have seen in the past. After all and at the moment, man is still needed. There are some bottlenecks, where the human brain still beats robots and algorithms, at least when it comes to cost.
Keywords
Subject (DDC)
Event
International Conference on Business, Accounting, Finance and Economics (ICBAFE 2019)
Exhibition start date
Exhibition end date
Conference start date
25.10.2019
Conference end date
26.10.2019
Date of the last check
ISBN
ISSN
Language
English
Created during FHNW affiliation
Yes
Strategic action fields FHNW
Publication status
Published
Review
Peer review of the complete publication
Open access category
Closed
License
Citation
Härri, M., Hüttche, T., & Kustner, C. (2019). Discounted or disrupted cash flow: impact of digitisation on company valuation. International Conference on Business, Accounting, Finance and Economics (ICBAFE 2019). https://irf.fhnw.ch/handle/11654/42557