Myrtle Beach, SC & Miami, FL (PRWEB) May 19, 2006

Highland Global, LLC and Thinking Outside the Boxe are pleased to announce that Robert M. Clinger III, AVA has had his informative business valuation article, “Direct Market Data Method: Value Disparity Issues (Part I),” published in the National Association of Certified Valuation Analysts’ publication The Value Examiner (March/April 2006 issue). Although the Direct Market Data Method is a logical approach to valuing a privately held company, because this method utilizes transaction data of comparable companies that have been acquired, under certain circumstances potential value disparities arise between the Direct Market Data Method and the multi-period discounted earnings method used as part of the income approach. In addition to illustrating the valuation conundrum arising from a high growth rate used in developing a forecast for the multi-period discounted earnings method relative to the Direct Market Data Method, the article includes five recommendations for business valuation professionals confronted with the dilemma of wide value ranges produced by the two approaches. Continue reading →