...Kristian D. Allee; Devon Erickson; Adam M. Esplin; Teri Lombardi Yohn SYNOPSIS We provide insights into the inputs and valuation models used by valuation specialists. We survey 172 valuation specialists and conduct several follow-up interviews covering various topics, including the valuation...

.... This disaggregation is possible because fair value earnings embodies the expected return on the firm's assets, as well as changes in expectations of future cash flows and risk. Although we demonstrate the disaggregation of fair value earnings into components can be informative for valuation, we leave...

... indicate that R&D, especially R&D accumulated over time, not only contributes to the increasing trend of negative-book-value incidences, but also plays an important role in the market's valuation of firms that concurrently report negative earnings and negative book value. Data Availability...