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Is it Time to Terminate the Traditional Terminal Value?

SSRN Electronic Journal, 2020
All corporate valuation models rely on very long forecasts of free cash flows. The only question is whether those forecasts are accounted for explicitly by using an extended valuation model or implicitly in an estimate of the terminal value after an explicit short-term forecast period of five to ten years.
Bradford Cornell, Richard Gerger
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On initial value and terminal value problems for Hamilton–Jacobi equation

Systems & Control Letters, 2007
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Arik Melikyan   +2 more
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The Terminal Value and Inflation Controversy

Journal of Applied Corporate Finance, 2012
This journal recently published what was effectively a debate between Gunther Friedl and Bernhard Schwetzler (hereafter “F&S”), on the one hand, and Michael Bradley and Gregg Jarrell (“B&J”). B&J initiated the first round of the debate by criticizing the constant growth valuation model, commonly known as the “Constant Growth Model” or ...
Daniel Kiechle, Niklas Lampenius
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Treating terminals as function values of time

1984
Motivated by the idea of describing parquet deformations using grammars, we define in this paper a terminal weighted grammar where the terminal generated at any step of a derivation is defined as a function of time. It is seen that terminal weighted regular grammars generate exactly the class of recursively enumerable sets.
Kamala Krithivasan, Anindya Das
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