The market approach to valuing businesses /

Bibliographic Details
Main Author:	Pratt, Shannon P.
Format:	Book
Language:	English
Published:	New York : John Wiley, [2001]
Subjects:	Corporations > Valuation. Corporations > Valuation > Law and legislation > United States.
Online Access:	Contributor biographical information Publisher description Table of Contents

Table of Contents:

Defining market multiples and market approach methods. Defining market value multiples
The guideline public company method
The guideline merged and acquired company method
Other market methods
Finding and analyzing comparative market transaction data. Finding public company market transaction data
Finding merger and acquisition market data
Adjusting financial statements
Comparative financial analysis
Compiling market value tables and reaching a value conclusion. Compiling useful market value tables
Selecting, weighting, and adjusting market value multiples
Control premiums and minority discounts
Discounts for lack of marketability
Sample market approach cases. Small-size service company sample case- sub shop
Medium-size service company sample case-software developer
Important aspects of using the market approach. Reconciling market approach values with income and asset approach values
Does size matter? Evidence from empirical data
Common errors in implementing the market approach
The dismal track record of U.S. market acquisitions
The market approach in the courts.