This is a 2nd hand copy. Very good condition. No underlinings, markings whatsoever.
By Christopher G. Glover
Share valuation is an interdisciplinary study; it draws on law, economis, finance, investment, and accounting. In this second edition of Valuation of Unquoted Companies, Christopher Glover has delved into all these fields to develop a sound rational basis for share valuation. He identifies teh different steps in a valuation and exposes each subjective judgement to critical review, enabling the valuer to achieve greater consistency in his valuations.
This edition will be invaluable for the practitioner - both the occasional sharevaluer who has to get involved for tax purposes and the specialist. It will also be of interest to Finance Directors and other directors in industry, as well as anyone involved in the financing of unquoted companies, such as bankers, stockbrokers and venture capitalists.
- Valuation theory
- Concepts of property value
- The legal framework
- The right of minorities
- The influence of The Stock Exchange
- The efficient markt hypothesis
- Risk and the rate of return
- Goodwill and other intangibles
- The dividend basis of valuation
- The earnings basis of valuation
- Other valuation bases
- Choosing the appropriate valuation basis
- Options, warrants and convertibles
- Fixed interest securities and miscellaneous valuation topics
- Legal or binding valuations
- Fiscal valuation - statutory open market value
- Fiscal valuation - some practical points
- Analysis of the company and other preliminaries
Appendices: Case Studies
Table of Cases