Quantitative Business Valuation: A Mathematical Approach for Today's Professionals - Couverture rigide

Abrams, Jay B.

Couverture rigide

ISBN 10 : 0070002150 ISBN 13 : 9780070002159

Editeur : Irwin Professional Publishing, 2000

Synopsis

A quantitative guide to lead professionals through the business valuation process. Using original research and mathematical material it covers many topics, including the integrated approach to forecasting cash flow, calculating discount rates, and calculating discounts and premiums.

A propos du livre

Quatrième de couverture

Praise for the First Edition of Quantitative Business Valuation

A Mathematical Approach for Today′s Professionals

"Jay Abrams′ book is close to the equivalent of several graduate dissertations rolled into one book. For each topic (covered), he presents a scholarly summary of past research, new empirical research of his own, and his conclusions. It is a well–documented contribution to in–depth understanding of important business valuation issues, and should not be overlooked by the serious practitioner."
Shannon Pratt, DBAManaging Director, Willamette Management AssociatesCoauthor, Valuing a Business

"A must–read for the serious business appraiser."
Jay E. Fishman, ASA, CBAPresident, Financial Research, Inc.

"The problem of simplified valuation procedures and coherent theory still remains complex and is ever evolving. Jay Abrams deals very effectively with this complexity through the use of mathematical formulas. Input to his models is explained with clarity and effectiveness, which adds to the overall value of this advanced text on business valuation."
Terry A. Isom, Chairman, National Association of Certified Valuation Analysts

"Jay Abrams′ book strives to provide mathematical modeling for what practitioners often do by reasoning alone. This book is a must–read for practitioners who are searching for additional techniques for dealing with some of business valuation′s imponderables."
David M. Bishop, FIBA, BVAL, ASA, MCBAPresident, American Business Appraisers, Inc.

"Jay Abrams′ book will not only challenge the top theoreticians in the field; his step–by–step explanations will make advanced quantitative techniques available to the many appraisers who are not capable of independently creating the underlying mathematical analysis."
Kent Osborne, ASAChairman, Editorial Review Board of the American Society of Appraisers

"While a proliferation of business valuation treatises and guides exists in the market, most are very general in nature and do nothing more than rehash fundamental concepts. I am unaware of any author who has stepped into the unknown as Jay Abrams has and compiled and developed a treatise of extremely useful analytical tools for the serious valuator."
Robert J. Grossman, CPA/ABV, ASA, CVAPartner, Grossman Yanak & Ford

"Jay Abrams develops unusual approaches which merit consideration when ′cookie cutter′ methodologies are inadequate. This manuscript contributes to the dialogue among practitioners and strengthens the theoretical foundations of business valuation."
Herbert T. SpiroPresident, American Valuation Group, Inc.

"There is no question about it, the use of rigorous quantitative methods is the cure for subjective valuation analysis. This book not only satisfies this need which has grown considerably in recent years but is chock–full of new tools that have been carefully developed."
Edward MurrayValuation Partner, Arthur Andersen, LLP

Présentation de l'éditeur

Essential reading for the serious business appraiser

Now in a Second Edition, Quantitative Business Valuation is an authoritative guide enabling you to value businesses from a mathematical perspective.

Written by leading valuation and litigation economist Jay Abrams, this all–inclusive quantitative guide to the valuation of privately held businesses provides you with valuation theory and applications, including development of dozens of useful valuation formulas, use of regression analysis in several contexts, developing discount rates from stock market returns, adjusting for control and marketability, empirical validation of model estimates, litigation issues, and ESOP valuation.

• Updated coverage of regression analysis
• Extensive analysis of new academic literature on growth versus value firms
• A new chapter on valuing ESOPs comparing the after–personal–tax wealth effects of selling to an ESOP versus selling with an S Corp premium to an outside party
• New chapters of litigation
• New chapter on Monte Carlo Simulation & Real Options Valuation

The clear, step–by–step explanations found in Quantitative Business Valuation, Second Edition make advanced quantitative techniques available to the many appraisers who are not capable of independently creating the underlying mathematical analysis.

Détails de l'édition

• Éditeur: Irwin Professional Publishing
• Date d'édition: 2000
• Langue: anglais
• ISBN 10: 0070002150
• ISBN 13: 9780070002159
• Reliure: Relié
• Nombre de pages: 508
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible