An alternative formula for the constant growth model
Purpose - The traditional one-stage constant growth formula has two main underlying assumptions: a company will be able to maintain its competitive advantage for completed investments in perpetuity, and each year in the future, it will be able to generate new investment opportunities with the same c...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2019-11-01
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| Series: | Journal of Economics Finance and Administrative Science |
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| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/JEFAS-07-2018-0067/full/pdf?title=an-alternative-formula-for-the-constant-growth-model |