Valuing the Closely Held Firm Hardback
by Michael S. (Professor of Finance, Professor of Finance, Rutgers Business School) Long, Thomas A. (The Bollinger Family Endowed Chair in Entrepreneurship, The Bollinger Family Endo Bryant
Part of the Financial Management Association Survey and Synthesis Series series
Hardback
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Description
A closely held firm is not a smaller version of a large public firm, anymore than a child is a miniature adult.
While realizing that like large corporations, value comes from a business's ability to generate future cash flows, Long and Bryant emphasize the differences between the two.
The primary question is does a separate entity exist or is the business just an extension of its principal owner or manager?
If yes, how does this business vary from a large publiclytraded firm with market and not management control? This book gets to the fundamental differences between the two and the adjustments made to correctly value.
It avoids thetraditional multiples of earnings or multiple of sales and other cookie-cutter approaches, to focus on the basic ability to create value.
The book also avoids specifics in tax laws as they change and vary between countries.
While providing a conceptual process, Valuing the Closely Held Firm provides numerous examples to lead the reader to understand the concepts.
Information
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Out of StockMore expected soonContact us for further information
- Format:Hardback
- Pages:288 pages, numerous tables
- Publisher:Oxford University Press Inc
- Publication Date:29/11/2007
- Category:
- ISBN:9780195301465
Information
-
Out of StockMore expected soonContact us for further information
- Format:Hardback
- Pages:288 pages, numerous tables
- Publisher:Oxford University Press Inc
- Publication Date:29/11/2007
- Category:
- ISBN:9780195301465