Discussion of Who Is My Peer? A Valuation‐Based Approach to the Selection of Comparable Firms

Richard G. Sloan

Journal of Accounting Research, 2002, vol. 40, issue 2, 441-444

Abstract: Bhojraj and Lee present a new approach to deriving warranted valuation multiples and selecting comparable firms. Conference participants’ comments centered on two key issues. First, participants questioned the motivation for deriving warranted valuation multiples and selecting comparable firms. Second, participants questioned the procedure through which valuation theory was incorporated in the valuation multiple forecasting process.

Date: 2002
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Journal of Accounting Research is currently edited by Philip G. Berger, Luzi Hail, Christian Leuz, Haresh Sapra, Douglas J. Skinner, Rodrigo Verdi and Regina Wittenberg Moerman

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