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.
Customer Reviews:
Avg. Customer Rating: 3.5 / 5.0
A Must Have for Business Valuation:
This book is written by top experts in business valuations. I found the information to be well supported and fundamentally sound. Many valuation books talk about the same basic theory. The authors of this book dive into valuation areas that you don't get from other business valuation books. Some things that I found indispensable were valuations for economic damages, valuations for ad valorem taxation, sports team valuation and venue feasibility, valuation of automobile dealerships, valuations of radio... more info
rough going:
The author is obviously an expert in this field, but his book is very difficult to wade through, even for someone well-versed in finance. I had the same issue with the "Body of Knowledge" books. If all you do for a living is valuation, you might appreciate these tombs, but for practical use, one I like more is "Unlocking the Value of Your Business".
New information for the new economy:
A great addition to your reference library. The Handbook is an incredibly useful tool for valuation of the new companies and industries that have emerged in recent years. I highly recommend it.