The Handbook of Advanced Business ValuationMcGraw Hill Professional, 1999. gada 15. sept. - 512 lappuses International cost of capital...blockage discounts . . . valuation issues unique to ESOPs...specific valuation issues for sports teams...capital structure in emerging growth companies...methods for calculating equity risk premiums...These days, understanding the complex issues in advanced business valuation requires a team of experts. The HANDBOOK OF ADVANCED BUSINESS VALUATION is your team of valuation experts—nationally recognized practitioners and legal minds from across the country who provide authoritative answers and innovative solutions to your most perplexing valuation questions. Structured in a user-friendly, general-to-specific arrangement, The HANDBOOK OF ADVANCED BUSINESS VALUATION represents a broad cross section of the latest conceptual thinking on the subject. Only in this thought-provoking volume will you find: Abstracts and interpretations of recent empirical studies in lack of marketability, blockage, and more; In-depth treatment of specialized valuation issues from many industries—including healthcare, technology, and sports franchises; Lucid, intuitive explanations of complex and esoteric procedures for intercompany transfer pricing analyses and ad valorem property tax appraisals. Like its predecessor volume VALUING A BUSINESS—which covered basic business valuation concepts and practices in authoritative, all-encompassing fashion—The HANDBOOK OF ADVANCED BUSINESS VALUATION provides a new benchmark of advanced, contemporary discussions for investors and experienced business valuation practitioners. Valuation experts from PricewaterhouseCoopers, Ernst & Young, Willamette Management Associates, Arthur Andersen, American Appraisal Associates, and more combine their expertise in this well-written, thoughtful, and convincing reference—one with absolutely no close rival in the flourishing field of business valuation and security analysis. |
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1.–5. rezultāts no 9.
xxvii. lappuse
... ( Reasonable ) Capital Test . Projected Cash Flow Sensitivity Analysis . Black - Scholes Option Pricing Analysis . Sensitivity Methodology . Scenario I : Management's Best Estimate . Scenario II : Inflationary Sales Growth and Original ...
... ( Reasonable ) Capital Test . Projected Cash Flow Sensitivity Analysis . Black - Scholes Option Pricing Analysis . Sensitivity Methodology . Scenario I : Management's Best Estimate . Scenario II : Inflationary Sales Growth and Original ...
9. lappuse
... reasonable test of the equity value indication is to test it in the WACC . In other words , the analyst may start by estimating the value of the subject company's equity capital , then compare that weighting in the WACC to test its ...
... reasonable test of the equity value indication is to test it in the WACC . In other words , the analyst may start by estimating the value of the subject company's equity capital , then compare that weighting in the WACC to test its ...
15. lappuse
... reasonable expectations about such variables as rates of return and how capitalization rates are generated . There are no transaction costs ( i.e. , transaction costs are ignored in the model ) . There are no investment - related taxes ...
... reasonable expectations about such variables as rates of return and how capitalization rates are generated . There are no transaction costs ( i.e. , transaction costs are ignored in the model ) . There are no investment - related taxes ...
21. lappuse
... reasonable range of one another , even though the required rates of return on assets and capital are different . If the value indications were significantly different , we would reexam- ine all our calculations and assumptions . In the ...
... reasonable range of one another , even though the required rates of return on assets and capital are different . If the value indications were significantly different , we would reexam- ine all our calculations and assumptions . In the ...
26. lappuse
... reasonable U.S. base dis- count rate has been developed , applying the concepts of the weighted average cost of capital ( WACC ) and the capital asset pricing model ( CAPM ) for the cost of equity capital component . Inherent in the ...
... reasonable U.S. base dis- count rate has been developed , applying the concepts of the weighted average cost of capital ( WACC ) and the capital asset pricing model ( CAPM ) for the cost of equity capital component . Inherent in the ...
Saturs
xxix | |
xxxi | |
21 | |
Equity Risk Premiums | 51 |
Discounts for Lack of MarketabilityEmpirical Evidence Related to PreIPO Pricing | 77 |
Discounts Seen in Private Placements of Restricted Stock The Management Planning Inc LongTerm Study 19801996 | 91 |
Special Applications | 111 |
S Corporations Premium or Discount? | 113 |
Use of Alternative Equity Securities in the Capital Structure of ESOP Companies | 229 |
Valuation for Ad Valorem Taxation | 239 |
Economic Damages Use and Abuse of Business Valuation Concepts | 261 |
Fair Value for Oppressed and Dissenting Shareholders | 283 |
Fairness Opinions | 297 |
Solvency Opinions | 325 |
How Valuations Affect Transactions Psychological Powers of Financial Numbers | 341 |
Special Issues Related to Valuations in Specific Industries | 353 |
Blockage Discounts | 133 |
The Valuation of Family Limited Partnerships | 149 |
InProcess RD | 167 |
Special Issues Related to SpecificPurpose Valuations | 197 |
The Business Appraisers Role in Estate Planning | 199 |
Valuation Issues Unique to ESOPs | 211 |
Sports Team Valuation and Venue Feasibility | 355 |
Valuing Automobile Dealerships | 385 |
Valuing Radio Broadcasting Companies | 401 |
Valuation of Emerging Growth Companies | 425 |
Special Considerations in the Valuation of Closely Held Government Technology Service Firms | 447 |
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Handbook of Advanced Business Valuation Robert F. Reilly,Robert P. Schweihs Priekšskatījums nav pieejams - 1999 |
Bieži izmantoti vārdi un frāzes
acquisition adjustments after-tax applied appraisal average basis beta blockage discount bonds business valuation buyer capital structure capitalization rate CAPM closely held common stock company's corporation cost of capital Court damages debt discount for lack discount rate discounted cash flow dividend earnings economic income emerging growth companies equity risk equity risk premium ESOP estimate Exhibit expected factors fair market value fair value franchise guideline companies Ibbotson Associates income tax income tax rate industry intangible assets investment investors IPRD issues lack of marketability marketability discount minority ownership interest operating partnership Pass Pass Pass percent physician practice political risk portfolio present value present value discount pricing multiples profit projected publicly traded companies purchase radio broadcasting rate of return restricted stock risk premium securities shareholders shares subject company tion transaction typically valuation analyst valuation date value discount rate WACC Willamette Management Associates
Populāri fragmenti
203. lappuse - To examine any books, papers, records, or other data which may be relevant or material to such inquiry ; (2) To summon the person liable for tax or required to perform the act. or any officer or employee of such person, or any person having possession, custody, or care of books of account containing entries relating to the business of the person liable for tax...
117. lappuse - The fair market value is the price at which the property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.
100. lappuse - The purpose of this Revenue Ruling is to outline and review in general the approach, methods and factors to be considered in valuing shares of the capital stock of closely held corporations for estate tax and gift tax purposes.
xiv. lappuse - Department of the Wharton School of Finance and Commerce of the University of Pennsylvania.
203. lappuse - For the purpose of ascertaining the correctness of any return, making a return where none has been made, determining the liability of any person for any internal revenue tax or the liability at law or in equity of any transferee or fiduciary of any person in respect of any internal revenue tax, or collecting any such liability...
325. lappuse - ... insolvent" means — (A) with reference to an entity other than a partnership and a municipality, financial condition such that the sum of such entity's debts is greater than all of such entity's property, at a fair valuation...
132. lappuse - ... be submitted with the return. On the other hand, if the block of stock to be valued represents a controlling interest, either actual or effective, in a going business, the price at which other lots change hands may have little relation to its true value.
132. lappuse - If the executor can show that the block of stock to be valued is so large in relation to the actual sales on the existing market that it could not be liquidated in a reasonable time without depressing the market...
100. lappuse - restricted securities" means securities acquired directly or indirectly from the issuer thereof, or from an affiliate of such issuer, in a transaction or chain of transactions not involving any public offering or...
220. lappuse - Regulations 108) define fair market value, in effect, as the price at which the property would change hands between a willing buyer and a willing seller when the former is not under any compulsion to buy and the latter is not under any compulsion to sell, both parties having reasonable knowledge of relevant facts.
Atsauces uz šo grāmatu
Business Valuation and Taxes: Procedure, Law, and Perspective David Laro,Shannon P. Pratt Priekšskatījums nav pieejams - 2005 |