A Valuation Model For Covenants Not To Compete

Main Article Content

Darlene A. Smith
Patrick A. Hennessee
Clifford E. Hutton

Keywords

covenants not to compete, tax legislation, valuation problem, valuation model

Abstract

Recent tax legislation has intensified the valuation problem related to covenants not to compete. With this paper the authors examine the issues and proposal a valuation model.

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