Browsing BI Open by Author "Simenstad, Markus Kristoffer"
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AF gruppen - valuation and case study on economic moats
Simenstad, Markus Kristoffer; Johnsen, Eirik Skaare (Master thesis, 2017)Economic moats represent sustainable competitive advantages that allow companies to protect their value and lead to excess returns over a long-term horizon (Morningstar, 2016). This sentence lays the fundament for this ...