Functional business valuation – The theoretical foundation of argumentation value and its underlying function

Functional business valuation is the prevailing doctrine in theoretically well-founded German-language literature, because value of a company primarily dependent on purpose (function) valuation. This paper deals with one three main functions valuation: argumentation function. where determined. The function that has been least developed and accepted to date, but probably most commonly used real world. article shows for first time English-language literature core ideas theoretical foundation this