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The Value of Private Businesses in the United States | Semantic Scholar

@article{Anderson2009TheVO,
  title={The Value of Private Businesses in the United States},
  author={Patrick L. Anderson},
  journal={Business Economics},
  year={2009},
  volume={44},
  pages={87-108},
  url={https://api.semanticscholar.org/CorpusID:154743445}
}

The vast majority of businesses in the United States are privately held, and approximately 99 percent meet a common government definition of “small.” However, we know surprisingly little about the market values of these organizations. In this paper, we estimate the market value of privately held firms in the United States from sources on earnings, assets, and reported market value of multiple forms of business entities, including corporations, partnerships, LLCs, and sole proprietorships. We… 

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