M&A valuation for going concern: A case study using Samsung electronics’ adjusted EBITDA Multiple

AbstractThis study analyzes the limitations of EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) Multiple from the perspective of the going concern principle. A new Adjusted EBITDA Multiple that complements the limitations of the EBITDA Multiple is generated and applied to real...

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Bibliographic Details
Main Authors: Jee Woung Hong, Jan Erik Meidell, Hyun-Jung Kim
Format: Article
Language:English
Published: Taylor & Francis Group 2023-12-01
Series:Cogent Business & Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/23311975.2023.2209975