Corporate valuation : theory, evidence & practice /

Bibliographic Details
Main Authors:	Holthausen, Robert W., 1947- (Author), Zmijewski, Mark E. (Author)
Format:	Book
Language:	English
Published:	[Cambridge, Massachusetts] : Cambridge Business Publishers, [2019]
Edition:	Second edition.
Subjects:	Corporations > Valuation. Corporations > Valuation > Accounting.

Table of Contents:

Introduction to valuation
Financial statement analysis
Measuring free cash flows
Creating a financial model
The adjusted present value and weighted average cost of capital discounted cash flow valuation methods
Measuring continuing value using the constant-growth perpetuity model
The excess earnings (residual income) valuation method
Estimating the equity cost of capital
Measuring the cost of capital for debt and preferred securities
Levering and unlevering the cost of capital and beta
Measuring the weighted average cost of capital and related valuation issues
The effects of stock-based compensation and other equity-linked securities on discounted cash flow valuations
Introduction to market multiple valuation methods
Market multiple measurement and implementation
Leveraged buyout transactions
Mergers and acquisitions
Valuing businesses across borders.