Keywords: Diversification discount
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Journal Articles
Critical Finance Review (2024) 13 (1-2): 1–44.
Published: 14 February 2024
...) methodology and the return-weighted discount is zero. For most firms, the diversification discount is an artifact of the methods used to create it. * We appreciate comments received from Valentin Dimitrov, Alex Edmans, Karl Lins, Gordon Phillips, Jeff Pontiff, James Ryans, Denis Sosyura, Belén...

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