2025 IAC BV - Financial and Risk Characteristics of Smaller Firms

Session Description

Earlier academic research has shown that smaller listed firms, which has been the basis for size premiums, tend to have different financial characteristics than larger listed firms such as profitability and leverage. This presentation will describe the speaker’s original research of the financial characteristics of smaller listed firms and compare them to characteristics of unlisted small- and medium-sized businesses that most in the business appraisal community value.

Speaker

Michael Crain

Continuing Education

Review of this session recording will award 1.2 CE hour. 

CPE credit is not awarded for this pre-recorded offering.