Title: UK Size Premium - Latest Updates
Presented by Carla Nunes and Jim Harrington (KROLL)
Topics covered in the webinar:
During this engaging session, Carla Nunes and James Harrington will delve into the fascinating topic of the size effect in business valuation. They will explore how the size effect is typically measured and provide insights into whether it still exists from a UK perspective.
Moreover, this webinar will offer a unique opportunity to gain valuable knowledge about small stock premium data, examining it from both a European and UK standpoint. Attendees will have the privilege of being the first to access updated figures from a groundbreaking study conducted by Prof. Erik Peek from Erasmus University Rotterdam.
Additionally, Carla Nunes and James Harrington will discuss a compelling study conducted by Kroll, which utilizes data from a London Business School database maintained by Professors Elroy Dimson, Paul Marsh, and Mike Staunton. The findings of this study promise to shed light on intriguing aspects of the UK size premium.
About the Speakers:
Carla S. Nunes, CFA, ABV is a Managing Director in the Office of Professional Practice of Kroll and a Kroll Institute Fellow. In addition, Carla is the Global Leader of Kroll's Valuation Digital Solutions group, which produces cost of capital thought leadership content and data housed in the Cost of Capital Navigator online platform. She has over 25 years of experience in valuation, financial reporting and tax, conducting numerous business and asset valuations for a variety of purposes including purchase price allocations, goodwill and asset impairments, mergers & acquisitions, tax restructuring, debt analysis, and gift and estate tax planning. Carla also has extensive experience working with multinational companies, having addressed complex tax, international cost of capital, and foreign exchange issues. She is a co-author of various articles, studies, and books, including the “Valuation Handbook” series and is a co-creator of the Kroll Cost of Capital Navigator. She is also a contributing author to “Cost of Capital: Applications and Examples”, 5th edition, by Shannon Pratt and Roger Grabowski. Carla is a Practitioner Director in the Board of the Financial Management Association (FMA) International and a member of the Education Committee of the International Institute of Business Valuers (iiBV).
James P. Harrington is a director in Kroll Digital Valuation Solutions practice, based in Chicago. James provides technical support on client engagements involving cost of capital and business valuation matters and is a leading contributor to Kroll’ efforts in the development of studies, surveys, online content and tools and firmwide valuation models. Previously, James was Director of Valuation Research in Morningstar's Financial Communications business, and led the group that produced the Ibbotson Stocks, Bonds, Bills and Inflation® (SBBI®) Valuation Yearbook; Ibbotson Stocks, Bonds, Bills and Inflation® (SBBI®) Classic Yearbook; Ibbotson Cost of Capital Yearbook; and various international cost of capital reports.
James is a co-author of the Valuation Handbook series along with Kroll colleagues Carla Nunes and Roger Grabowski. These include: the Valuation Handbook – International Guide to Cost of Capital; the Valuation Handbook – International Industry Cost of Capital; the Valuation Handbook – U.S. Guide to Cost of Capital; and the Valuation Handbook – U.S. Industry Cost of Capital. The information and data in the valuation handbooks are now available exclusively through the Kroll's (formerly Duff & Phelps) online Cost of Capital Navigator platform at dpcostofcapital.com.
James is a contributing author to the Cost of Capital: Applications and Examples, 5th Edition and is a Kroll contributor to the Stocks, Bonds, Bills and Inflation® (SBBI®) Yearbook. James holds an MBA in finance and economics from the University of Illinois at Chicago and a B.S. in business administration from The Ohio State University.
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