TY - JOUR AU - Rodríguez López, Ángel AU - Rubio Martín, Gracia María PY - 2019 DO - 10.3846/jbem.2019.8101 SN - 1611-1699 UR - https://hdl.handle.net/20.500.14352/93795 T2 - Journal of Business Economics and Management AB - The aim of this paper is to assess the fair marketability discount (MD) in the Spanish market for valuation multiples comparing public versus private transactions. The study finds that to obtain MD it is necessary previously to control by a battery of... LA - eng PB - VGTU Press KW - Valuation multiples KW - Ratios analysis KW - Marketability discount KW - Illiquidity discount KW - Market ratio valuation KW - EBITDA ratio TI - The marketability discount in spanish valuation multiples: investors' perception in listed companies versus private transactions TY - journal article VL - 20 ER -