Income-based Corporate Valuation Approaches And Adjustments For Specific Markets.

This paper reviews the main and most commonly used models to estimate the value of a business under the going concern premise, alongside with common adjustments proposed by academic and empirical literature dealing with this key topic covering a fundamental and complicated task for various parties aiming at a variety of purposes. In addition to the drawbacks and critiques addressed to the standard versions of valuation models, many considerations have to be observed by valuation practitioners before applying these models and valuation techniques for companies operating in different and specific economic landscapes.