Published on Oct 1, 2015
In the last month (August 31, 2015 to September 30, 2015), Volkswagen has lost almost 40% of its market capitalization, almost entirely as a result of revelations that it had cheated on emissions tests with the EPA. I examine whether the market reaction is over done, under done or just right.
(Sorry about the sound shift at about the 7th minute. Had to switch microphones)
Slides: http://www.stern.nyu.edu/~adamodar/pd…
Pre scandal valuation: http://www.stern.nyu.edu/~adamodar/pc…
Post scandal valuation: http://www.stern.nyu.edu/~adamodar/pc…
Blog post: http://bit.ly/1RixK4V
