EAN: 9783031380884

ANALYSING PLANNING AND VALUING PRIVATE FIRMS - ...

Corporate finance plays a vital role in every business as it pertains to an array of financing
and investment decisions. Where most corporate finance books provide tools for public companies
this book presents new approaches and methods for planning and valuing private firms. Chapters
discuss how typical valuation methods may not be perfectly adaptable to private firms and their
investment decisions: in particular showing how the widely used Capital Asset Pricing Model
cannot be precisely applied for the estimation of cost of equity for private companies  and the
limitations of market multiples which may not match individual company features.The book
suggests new ways of financial forecasting that can be better tailored to private businesses 
such as by exploiting the concept of financial breakeven based on debt serviceability that
departs from the more traditionally used concept of the revenue-cost breakeven. Topics
including financial planning  working capital management  the cost of capital  and valuation
methods are all covered. This book will be of interest to consultants  analysts and accountants
working in private firms  as well as academics and students who are interested in an empirical
assessment of the role of corporate finance in private businesses versus larger public
companies.

Aktuelle Preise zur EAN 9783031380884

Produktinformationen zur 9783031380884