Performance of valuation methods in financial transactions / David Heller.

Format:

Book

Author/Creator:

Heller, David, author.

Series:

Modern finance, management innovation and economic growth set ; Volume 4.

Language:

English

Subjects (All):

Business enterprises--Valuation.

Business enterprises.

Physical Description:

1 online resource (x, 208 pages)

Place of Publication:

London : ISTE, [2021]

Summary:

MODERN FINANCE, MANAGEMENT INNOVATION & ECONOMIC GROWTH SET Coordinated by Faten Ben Bouheni Financial operations depend on potential value creation, the nature of the shareholder base, the level of development of the company and its growth prospects. They result from different commercial and financial strategies that must integrate the interest of the capital holders, the influence and strategy of the group in the initiative and the structure of the offer. This book examines how, in practice, a companys capital is structured, taking into account the interests of various stakeholders. The performance of valuation methods, which serve investors in their decision-making and financial arrangements, is developed in detail. Depending on the contexts present in the control market, the methods of stock market and transactional comparables, discounted cash flows and the patrimonial approach, will be favored to assess the value of a companys shares. Performance of Valuation Methods in Financial Transactions is an in-depth analysis of equity transactions and is aimed at students and corporate finance professionals.

Contents:

Cover

Half-Title Page

Title Page

Copyright Page

Contents

Introduction

1. Traditional Valuation Methods and Ways of Applying Them

1.1. Introduction

1.2. The cost of financial structure

1.2.1. Financial asset valuation

1.2.2. Financial asset valuation

1.2.3. Theories of organizations

1.3. Valuation measures and follow-up measures

1.3.1. Evaluation by comparative approach

1.3.2. Flow assessment

1.3.3. Valuation through propriety and mixed approaches

1.4. The perspectives of assessment: control operations

1.4.1. The shareholder

1.4.2. Control negotiations

1.4.3. Leveraged buyout operations

1.5. Conclusion

2. The Performance of the Assessment and the Creation of Value from Control Operations

2.1. Introduction

2.2. Theoretical adjustments

2.2.1. Reconciliation of the traditional view with the Modigliani-Miller theorem

2.2.2. Optimizing the valuation methods

2.3. Contextual impacts and adjustments

2.3.1. Leverage transactions

2.3.2. Stock market multiples: from the impact of structures to anticipating profitability

2.3.3. Two delicate contexts for valuation: the bankruptcy situation and the start-up company

2.4. The creation of value resulting from control operations

2.4.1. The creation of value from the buyout of companies in bankruptcy

2.4.2. Abnormal returns resulting from control operations

2.4.3. The motivation of buyers to initiate control operations

2.5. Conclusion

Conclusion

Appendix: Demonstrating the Terminal Value (TV) of DCFs

References

Index

Other titles from iSTE in Innovation, Entrepreneurship and Management

EULA.

Notes:

Description based on print version record.

Includes bibliographical references and index.

ISBN:

9781119821427

1119821428

9781119821434

1119821436

9781119821410

111982141X

OCLC:

1243542720