Valuing the Closely Held Firm

by Michael S. Long, Thomas A. Bryant

Overview

A closely held firm is not a smaller version of a large public firm, anymore than a child is a miniature adult. Recognizing that value comes from the ability to generate future cash flows, this book emphasizes the differences between the large and small firms when presenting the concepts to value the closely held firm.

Product Details

ISBN-13:	9780198041276
Publisher:	Oxford University Press
Publication date:	11/26/2007
Series:	Financial Management Association Survey and Synthesis
Sold by:	Barnes & Noble
Format:	eBook
File size:	1 MB

About the Author

Rutgers Business School

Nicholls State University

Table of Contents

Foreword1. Why Bother Valuing a Private Business? 2. Is It a Business - or Just a Pile of Assets?Special Questions and Adjustment in the Valuation of Closely Held Firms3. Valuation When a Firm Is NOT a Going Concern4. Valuation of a Going Concern5. Growth Options and Valuation6. Inflation and Valuation Measurement7. Calculating the Discount Rate for Closely Held Firms8. Planning to Buy? Considerations from the Other Side of the Sale9. The Exit Strategy10. What We Know; Where to Go NextAfterwordAppendicesA1. Glossary of Key TermsA2. Useful Publications and WebsitesA3. Annotated BibliographyA4. How the IRS sees valuation of private firmsA5. WorksheetsA5i Likely buyersA5ii Valuation scenariosA5iii Valuation worksheetIndex