Business Valuation Discounts and Premiums: Shannon P. Pratt
Business Valuation Discounts and Premiums:Business, Business CTI Reviews
The Choice of Tax Shields´ Discount Rate on Firm Valuation:A Case Study Ana Margarida Cordeiro Lopes
Praise for Damodaran on Valuation SECOND EDITION ´´Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do.´´ -Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places ´´Damodaran on Valuation is a marvel. The combination of expositional simplicity and conceptual rigor in this book is a rarity in the field of finance; rarer still is the clarity of ideas that simultaneously informs and delights. I do not believe that one can claim to be a serious practitioner-or, for that matter, teacher-of business valuation without mastering the ideas presented in this definitive piece of work.´´ -Professor Anant K. Sundaram, Faculty Director of Executive Education, Tuck School of Business at Dartmouth College ´´Professor Damodaran does an excellent job of incorporating public and private company valuation issues in one volume. It´s full of ´how tos´ in dealing with difficult technical issues not usually addressed in text books, making it a great discussion tool and resource for both the student and the valuation professional. This is a great addition to any valuation library or training program.´´ -Scott A. Nammacher, CFA, ASA, Managing Director, Empire Valuation Consultants, LLC In today´s no-room-for-error business environment, the ability to accurately value a company´s assets-both tangible and intangible-is essential for a wide variety of professionals, whether they are inside or outside that company. Damodaran on Valuation looks at valuation from the viewpoint of both the internal corporate strategist and the external portfolio manager, addressing issues related to models and techniques for valuing a business and, just as important, explaining their application in either the operation or acquisition of that business. Damodaran on Valuation explores all aspects of valuation, from the fundamentals of estimating cash flows and discount rates to the principles underlying the use of multiples. In addition, the book addresses what are often left as loose ends in valuation-the value of control and synergy; how best to deal with cash, non-operating assets, and employee stock options when valuing a company; and the consequences of illiquidity, distress, and lack of transparency for asset value. Whether you are a manager looking to maximize a company´s value or an investor looking to beat the market, Damodaran on Valuation will give you the detailed, logical, and sensible answers you need to arrive at an accurate valuation.
Social Valuation of Projects:Harberger´s Social Discount Rate and the Pricing of Risky Projects (Classic Reprint) Thierry F. Bollier
Private Firm Valuation and M&A:Calculating Value and Estimating Discounts in the New Market Environment Kerstin Dodel
Stock Valuation of Berger Paints by Using Fundamental Analysis:Economic Analysis, Industry Analysis, Company Analysis, Dividend Discount Model (DDM), Earning Multiplier Model (EMM) Md. Asaduzzaman Shovin
This book explores theoretical and practical implications of reflecting the fair value of liabilities for insurance companies. In addition, the contributions discuss the disclosure of these values to the financial and regulatory communities and auditing firms which are actually calculating this illusive but important variable. It combines contributions by distinguished practitioners from the insurance, accounting and finance fields, with those of prominent academics. One of the central themes of the collection is that adequate disclosure of the true economic value of insurance company liabilities is both possible and desirable. Wherever possible, the insurance valuation process is wedded with modern financial theory. For example, the use of option pricing theory is applied to insurance companies, where the true value of the firm´s liabilities is a critical variable. Methods such as cash flow, earned profit and indirect discount are explored.