Harry Pattikawa has published valuation-related work in The European Business Valuation Magazine, a specialist European publication focused on business valuation practice and valuation thinking.
His article, “Rethinking the Cost of Equity: A Transparency-Based Framework for Decision-Useful Business Valuation,” discusses the role of transparency, interpretability and cash-flow-implied cost of equity methods in valuation practice.
The article examines how cost-of-equity estimates influence valuation and decision-making. It argues that discount-rate methodologies should be assessed not only by their statistical foundations, but also by their transparency, explainability and usefulness for decision-makers.
This publication reflects Harry’s broader valuation philosophy: valuation should not be a black-box technical exercise. It should help readers understand the economic assumptions behind value, including expected cash flows, long-term growth, risk and return assumptions embedded in market prices.
Harry’s publication work supports the same purpose as his valuation reports: to make business valuation more transparent, practical and accessible to a wider professional and educational audience.
Published in The European Business Valuation Magazine on transparency-based cost of equity frameworks for decision-useful business valuation.