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Showing 1 - 5 of 5 matches in All Departments
A closely held firm is not a smaller version of a large public
firm, anymore than a child is a miniature adult. While realizing
that like large corporations, value comes from a business's ability
to generate future cash flows, Long and Bryant emphasize the
differences between the two. The primary question is does a
separate entity exist or is the business just an extension of its
principal owner or manager? If yes, how does this business vary
from a large publicly traded firm with market and not management
control?
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