Keywords: Multiples
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Journal Articles
Journal of Small Business and Enterprise Development (2026) 33 (1): 121–142.
Published: 27 January 2026
...Alberto Tron; Federico Colantoni; Giacomo Gotti; Salvatore Ferri Purpose This paper aims to investigate the role of stock liquidity in valuation metrics through market multiples by assessing how liquidity affects key valuation metrics such as enterprise value to sales (EV/Sales), enterprise value...

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