Because the issuer determines the fair value of the CVR by designating a discount rate that purportedly estimates the likelihood that the milestones will or will not occur, the fair valuemeasurement itself is highly controversial.
The radio-ratings company saw its stock lose a fifth of its value on Tuesday after it delayed the expanded use of an audience-measurement device that is meant to replace written diaries.
Efficiency developers need to hasten efforts to standardize measurement methodologies and data reporting, helping investors and building owners confidently understand the value of their efficiency reserves.