The Economics of Business Valuation PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Economics of Business Valuation PDF full book. Access full book title The Economics of Business Valuation by Patrick Anderson. Download full books in PDF and EPUB format.
Author: Patrick Anderson
Publisher: Stanford University Press
ISBN: 0804783225
Category : Business & Economics
Languages : en
Pages : 441
Get Book Here
Book Description
For decades, the market, asset, and income approaches to business valuation have taken center stage in the assessment of the firm. This book brings to light an expanded valuation toolkit, consisting of nine well-defined valuation principles hailing from the fields of economics, finance, accounting, taxation, and management. It ultimately argues that the "value functional" approach to business valuation avoids most of the shortcomings of its competitors, and more correctly matches the actual motivations and information set held by stakeholders. Much of what we know about corporate finance and mathematical finance derives from a narrow subset of firms: publicly traded corporations. The value functional approach can be readily applied to both large firms and companies that do not issue publicly traded stocks and bonds, cannot borrow without constraints, and often rely upon entrepreneurs to both finance and manage their operations. With historical side notes from an international set of sources and real-world exemplars that run throughout the text, this book is a future-facing resource for scholars in economics and finance, as well as the academically minded valuation practitioner.
Author: Patrick Anderson
Publisher: Stanford University Press
ISBN: 0804783225
Category : Business & Economics
Languages : en
Pages : 441
Get Book Here
Book Description
For decades, the market, asset, and income approaches to business valuation have taken center stage in the assessment of the firm. This book brings to light an expanded valuation toolkit, consisting of nine well-defined valuation principles hailing from the fields of economics, finance, accounting, taxation, and management. It ultimately argues that the "value functional" approach to business valuation avoids most of the shortcomings of its competitors, and more correctly matches the actual motivations and information set held by stakeholders. Much of what we know about corporate finance and mathematical finance derives from a narrow subset of firms: publicly traded corporations. The value functional approach can be readily applied to both large firms and companies that do not issue publicly traded stocks and bonds, cannot borrow without constraints, and often rely upon entrepreneurs to both finance and manage their operations. With historical side notes from an international set of sources and real-world exemplars that run throughout the text, this book is a future-facing resource for scholars in economics and finance, as well as the academically minded valuation practitioner.
Author: Thomas M. Cooney
Publisher: Routledge
ISBN: 1351020323
Category : Business & Economics
Languages : en
Pages : 156
Get Book Here
Book Description
It is not widely understood that the importance of small businesses only became apparent with the publication of David Birch’s book The Job Generation Process in 1979. Over the past four decades, governments across the globe have struggled to design, implement and evaluate policies that benefit the development of small firms. Deciding whether macro or micro policies are more appropriate for a given context has usually created an initial challenge for policy-makers. However, a cause for even greater dispute has been determining and agreeing what might be the preferred outcomes of such policies (e.g. more firms, better performing firms, fewer firm failures, job creation, greater productivity, higher levels of innovation, inclusivity of disadvantaged groups). Furthermore, evaluating the impact of specific policies presents a wide range of difficulties since it is impossible to isolate a simple cause-and-effect relationship between policy and its stated goal. This book explores the development of small business policy in five countries across five continents and seeks to develop a deeper understanding regarding how small business policy has evolved in these countries and what we might learn from their experiences. This book was originally published as a special issue of Small Enterprise Research.
Author: Giorgio Calcagnini
Publisher: Springer Science & Business Media
ISBN: 3790828521
Category : Business & Economics
Languages : en
Pages : 269
Get Book Here
Book Description
This book seeks to analyze how small and medium businesses react to the economic and financial crisis. Its focus is on the activities and strategies of SMEs in the areas of innovation, R&D investment, labor markets and finance. The book takes an international perspective and includes both comparative and national analyses and policies, with authors representing acdemia and international institutions such as the ECB, OECD, Kauffman Foundation, Federal Reserve, and US Small Business Administration.
Author: Andrew Wood
Publisher: Routledge
ISBN: 1136899464
Category : Business & Economics
Languages : en
Pages : 194
Get Book Here
Book Description
The turbulence of the current times has dramatically transformed the world’s economic geographies. The scale and scope of such changes require urgent attention. With intellectual roots dating to the nineteenth century, economic geography has traditionally sought to examine the spatial distributions of economic activity and the principles that account for them. More recently, the field has turned its attention to a range of questions relating to: globalization and its impact on different peoples and places; economic inequalities at different geographic scales; the development of the knowledge-based economy; and the relationship between economy and environment. Now, more than ever, the changing fortunes of peoples and places demands our attention. Economic Geography provides a stimulating and innovative introduction to economic geography by establishing the substantive concerns of economic geographers, the methods deployed to study them, the key concepts and theories that animate the field, and the major issues generating debate. This book is the first to address the diverse approaches to economic geography as well as the constantly shifting economic geographies on the ground. It encompasses traditional approaches, albeit from a critical perspective, while providing a thorough, accessible and engaging examination of the concerns, methods and approaches of the ‘new economic geography’. This unique introductory text covers the breadth of economic geography while engaging with a range of contemporary debates at the cutting-edge of the field. Written in an accessible and lucid style, this book offers a thorough and systematic introductory survey. It is enhanced by pedagogical features throughout including case studies dealing with topics ranging from the head office locations of the Fortune 500, Mexico’s maquiladoras to China’s investments in Southern Africa. This book also contains exercises based on the key concepts and annotated further reading and websites.
Author: Earl H. Fry
Publisher: University of Toronto Press
ISBN: 1442603615
Category : Political Science
Languages : en
Pages : 239
Get Book Here
Book Description
Lament for America explores the major challenges to the status of the United States as a world superpower. In delving into the fundamental question of whether or not a relative decline is inevitable, the author recognizes that the changes faced over the next few decades will be more rapid and transformational than at any other period in American history. Lament for America offers concrete recommendations for renewal in areas such as defense policy, health care, education, and the environment, and serves as a useful guide to understanding how decisions will shape both the U.S. and global landscapes.
Author:
Publisher: Stacey Lawson
ISBN:
Category :
Languages : en
Pages : 49
Get Book Here
Book Description
Author: David B. Audretsch
Publisher: OUP USA
ISBN: 0199730377
Category : Business & Economics
Languages : en
Pages : 186
Get Book Here
Book Description
Entrepreneurs generally lack the marketing capabilities necessary to bring their new product to market. To engage the resources required to do this, they must somehow place a value on the enterprise. However, all of the methods of valuation currently available are based on the use of historical or current revenues, and therefore are not applicable to an entrepreneurial enterprise with a first-time product. In Valuing an Entrepreneurial Enterprise, Audretsch and Link present a valuation method uniquely tailored to emerging technology-based ventures that have no revenue history to lean on. Unlike many traditional methods, theirs does not take into account the track record of companies and products similar to that being valuated. Instead, it draws on economic theory to formulate a solution to the problem. The book develops conceptual ground, including trends in entrepreneurship, models of innovation, and the economics of standards and entrepreneurship policy. The authors review the traditional valuation methods and illustrate them numerically with case studies to show how the traditional approach produces an incorrect valuation. The core of the book presents the new methodology and demonstrates how it avoids the pitfalls of past approaches. The authors also show how public policy on technology and infrastructure changes valuations of start-up firms in areas such as stem-cell products and renewable fuels projects. Valuing an Entrepreneurial Enterprise will serve as a valuable resource for advanced students, economists, financial planners, and valuators interested in new valuation methods and the theory behind them, as well as those interested in entrepreneurship.
Author: Albert N. Link
Publisher: Edward Elgar Publishing
ISBN: 178536474X
Category : Business & Economics
Languages : en
Pages : 325
Get Book Here
Book Description
There is growing interest in the relationship between gender and entrepreneurial activity. In this book, 37 eminent scholars from diverse academic disciplines contribute cutting-edge research that addresses, from a gender perspective, three general areas of importance: key characteristics of entrepreneurs, key performance attributes of entrepreneurial firms, and the role of financial capital in the establishment and growth of entrepreneurial firms and in their growth.
Author: H. Kent Baker
Publisher: Oxford University Press
ISBN: 0199754659
Category : Business & Economics
Languages : en
Pages : 701
Get Book Here
Book Description
Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be divorced completely from international issues. International Finance reflects the new diversity of interest in international finance by bringing together a set of chapters that summarizes and synthesizes developments to date in the many and varied areas that are now viewed as having international content. The book attempts to differentiate between what is known, what is believed, and what is still being debated about international finance. The survey nature of this book involves tradeoffs that inevitably had to be made in the process given the vast footprint that constitutes international finance. No single book can cover everything. This book, however, tries to maintain a balance between the micro and macro aspects of international finance. Although each chapter is self-contained, the chapters form a logical whole that follows a logical sequence. The book is organized into five broad categories of interest: (1) exchange rates and risk management, (2) international financial markets and institutions, (3) international investing, (4) international financial management, and (5) special topics. The chapters cover market integration, financial crisis, and the links between financial markets and development in some detail as they relate to these areas. In each instance, the contributors to this book discuss developments in the field to date and explain the importance of each area to finance as a field of study. Consequently, the strategic focus of the book is both broad and narrow, depending on the reader's needs. The entire book provides a broad picture of the current state of international finance, but a reader with more focused interests will find individual chapters illuminating on specific topics.
Author: Paul Jones
Publisher: Emerald Group Publishing
ISBN: 1787430308
Category : Business & Economics
Languages : en
Pages : 393
Get Book Here
Book Description
Policymakers consider enterprise education, and the skills it develops, as increasing student’s employability skills. This book delivers further insight to validate this. Authors provide evidence to inform the entrepreneurial education discipline in terms of best practice, success stories and identify its future direction for key stakeholders.
