Waardebepaling van ondernemingen volgens de tweestapsmethode

Translated title of the contribution: Valuation of enterprises using the two steps approach

L Traas, H.B.A. Steens

Research output: Chapter in Book / Report / Conference proceedingChapterProfessional


The paper outlines and substantiates an approach for determining the value of an enterprise that is based on the assumption of different risk profiles for operational activities (requiring and generating free cash flows) and financing activities (requiring and generating financing cash flows).
Translated title of the contributionValuation of enterprises using the two steps approach
Original languageDutch
Title of host publicationHandboek Management Accounting
ISBN (Print)90 YFA 000 15
Publication statusPublished - Jul 2014


  • Tweestapsmethode
  • ondernemingswaardering
  • economsche waarde
  • free cash flow to firm


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