{"id":"W2765417906","doi":"10.5430/afr.v7n1p1","title":"Calculating a Consistent Terminal Value in Multistage Valuation Models","year":2017,"lang":"en","type":"article","venue":"Accounting and Finance Research","topic":"Financial Reporting and Valuation Research","field":"Business, Management and Accounting","cited_by":0,"is_retracted":false,"has_abstract":true,"ca_institutions":"","funders":"","keywords":"Terminal value; Valuation (finance); Dividend; Economics; Cash flow; Econometrics; Stock (firearms); Forecast period; Financial economics; Microeconomics; Operating cash flow; Finance","routes":{"ca_aff":false,"ca_fund":false,"ca_venue":true,"about_ca":false,"invisible_to_affiliation_only":true},"retraction":null,"screen":null,"direct_labels":[],"prediction":{"model_version":"codex-gemma-dda1882f352a","candidate_categories":["sts","scholarly_communication"],"consensus_categories":[],"category_scores_codex":[0.009730084,0.0001647933,0.0002610509,0.0005119809,0.00198142,0.001649441,0.0004283737,0.0001293373,0.00001581874],"category_scores_gemma":[0.005657407,0.0001623088,0.00005645086,0.0003716281,0.0003169865,0.001724266,0.0005846779,0.0006200589,0.00007941275],"about_ca_system_candidate":false,"about_ca_system_consensus":false,"about_ca_system_score_codex":0.00008441678,"about_ca_system_score_gemma":0.000147722,"about_ca_topic_candidate":true,"about_ca_topic_consensus":false,"about_ca_topic_score_codex":0.01246493,"about_ca_topic_score_gemma":0.0004382636,"domain_scores_codex":[0.9970261,0.00006025474,0.0005019697,0.0005644945,0.001085874,0.000761279],"domain_scores_gemma":[0.9980681,0.0002151516,0.0003951598,0.0005743809,0.0007317095,0.00001551857],"domain_codex":null,"domain_gemma":null,"domain_candidate":null,"domain_consensus":null,"study_design_codex":"observational","study_design_gemma":"simulation_or_modeling","study_design_scores_codex":[0.0001241165,0.0002065073,0.4757515,0.0004923184,0.000015625,0.0002852405,0.000432301,0.004900899,0.001056851,0.2046562,0.0006437396,0.3114346],"study_design_scores_gemma":[0.0007253171,0.00001394523,0.3022506,0.0003367503,0.000006555053,0.000006932134,0.0002150385,0.6635394,0.00003126888,0.02901507,0.003643343,0.0002158193],"study_design_candidate":"observational","study_design_consensus":null,"genre_codex":"empirical","genre_gemma":"empirical","genre_scores_codex":[0.97937,0.0001821619,0.0003002226,0.001015033,0.0001395174,0.0004239966,0.000001387701,0.00003733884,0.01853033],"genre_scores_gemma":[0.9979094,0.00007970648,0.0004972107,0.00008751674,0.0004953269,0.00008582159,0.000007784058,0.00002628625,0.0008109889],"genre_candidate":"empirical","genre_consensus":"empirical","teacher_disagreement_score":0.6586384,"threshold_uncertainty_score":0.999387,"prediction_status":"machine_predicted_unvalidated"},"machine_scores":{"provisional":true,"baseline":true,"maturity_gate_passed":false,"score_opus":0.2249018655841791,"score_gpt":0.4115991714571861,"score_spread":0.186697305873007,"validation_status":"score_only:v0-immature-baseline","note":"Baseline scores from an immature model (maturity gate not passed). Scores rank; they never assert a category."}}