Business Valuation Discounts and Premiums

3.71 avg rating
( 7 ratings by Goodreads )
 
9780471394488: Business Valuation Discounts and Premiums
View all copies of this ISBN edition:
 
 

Business Valuation Discounts and Premiums

There is often more money in dispute in determining the discounts and premiums in a business valuation than in arriving at the pre-discount valuation itself. Discounts and premiums affect not only the value of the company but also play a crucial role in determining the risk involved, control issues, marketability, contingent liability, and a host of other factors that can make or break a deal. It is essential that every appraiser know when discounts and premiums apply and how to quantify them.

Shannon Pratt's Business Valuation Discounts and Premiums compiles all the key information you need to successfully and accurately determine discounts and premiums in business valuations. It explores the three areas of discounts and premiums-income valuation, market valuation, and the asset approach-explaining how different discounts or premiums may be applicable, depending on the basic valuation approach used, and how each approach can affect the outcome.

Filled with many never-before-published studies, the comprehensive coverage includes:
* Strategic acquisitions
* Extensive empirical data
* Pre-IPO marketability discount studies
* Merger and acquisition negotiations, empirical evidence from completed transactions, and positions taken by courts in litigation
* Strategic acquisitions on premiums
* Studies on minority discounts, available for the first time
Written by a recognized authority on business valuation, this book will help you master the complex issues and exploit the numerous uses for premiums and discounts to their utmost.

www.wiley.com

"synopsis" may belong to another edition of this title.

From the Inside Flap:

The most frequently contested money issue in business valuation disputes relates to discounts and premiums. When a valuation is conducted, the three basic approaches are the income approach, the market approach, and the asset approach, and different discounts or premiums may be applicable, depending on the basic valuation approach used.

It is essential for every business appraiser to become well-versed in discounts and premiums, when they apply, and how to quantify them. In Business Valuation Discounts and Premiums, Shannon Pratt, one of the nation’s leading business valuation consultants, brings together for the first time the collective wisdom and knowledge about all of the major business valuation discounts and premiums.

Clearly written and thorough, this book offers you guidance that applies to every major evaluation case you might face in any deal. You’ll learn:

  • The differences between "entity level" versus "shareholder level" discounts and premiums
  • How the valuation approaches used affect the level of value
  • How the standard of value affects discounts and premiums
  • What factors affect degree of control
  • Strategic merger and acquisition negotiations
  • The conceptual basis for the discount or premium that applies
  • Factors affecting the magnitude of the discount or premium
  • The empirical research results to support concept of portfolio discounts
  • Courts’ treatment of the discount or premium
  • How to determine acceptability or rejection
  • What legal mandates apply with regard to federal gift, estate, and income taxes; marital dissolutions; dissenting stockholder actions; corporate or partnership dissolution; employee stock ownership plans (ESOPs); bankruptcy reorganizations, and more

Most useful in this book are the many never-before-published new studies that provide real-world benchmarks that can be applied to your own cases.

Detailed, authoritative, and complete in its coverage, Business Valuation Discounts and Premiums demystifies one of the more complex challenges faced by business appraisers, and arms you with the understanding and techniques you need to perform your job to the satisfaction of all involved.

About the Author:

SHANNON P. PRATT is a founder and Managing Director of Willamette Management Associates, one of the oldest and largest independent valuation consulting, economic analysis, and financial advisory services firms, with offices in cities across the United States.

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9780470371480: Business Valuation Discounts and Premiums

Featured Edition

ISBN 10:  047037148X ISBN 13:  9780470371480
Publisher: John Wiley & Sons, 2009
Hardcover

Top Search Results from the AbeBooks Marketplace

1.

Pratt, Shannon P.
Published by Wiley (2001)
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Hardcover Quantity Available: 2
Seller:
Murray Media
(NORTH MIAMI BEACH, FL, U.S.A.)
Rating
[?]

Book Description Wiley, 2001. Hardcover. Condition: New. Never used!. Seller Inventory # P110471394483

More information about this seller | Contact this seller

Buy New
US$ 54.07
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

2.

Shannon P. Pratt
Published by Wiley (2001)
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Wiley, 2001. Hardcover. Condition: New. 1. Seller Inventory # DADAX0471394483

More information about this seller | Contact this seller

Buy New
US$ 55.09
Convert currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, rates & speeds

3.

Shannon P. Pratt
Published by Wiley (2001)
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Portland, ME, U.S.A.)
Rating
[?]

Book Description Wiley, 2001. Condition: New. book. Seller Inventory # M0471394483

More information about this seller | Contact this seller

Buy New
US$ 63.39
Convert currency

Add to Basket

Shipping: US$ 3.27
Within U.S.A.
Destination, rates & speeds

4.

Pratt, Shannon P.
Published by Wiley
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Hardcover Quantity Available: 1
Seller:
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description Wiley. Hardcover. Condition: New. 0471394483 New Condition. Seller Inventory # NEW99.1177749

More information about this seller | Contact this seller

Buy New
US$ 69.99
Convert currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, rates & speeds

5.

Shannon P. Pratt
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Quantity Available: 1
Seller:
East West Academic Books LLC
(Burlington, NC, U.S.A.)
Rating
[?]

Book Description Condition: New. New, Fast Delivery , 100 % money back if any problem with product and services. Seller Inventory # ABECA21253

More information about this seller | Contact this seller

Buy New
US$ 99.25
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

6.

Shannon P. Pratt
Published by Wiley (2001)
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Hardcover Quantity Available: 1
Seller:
Books Express
(Portsmouth, NH, U.S.A.)
Rating
[?]

Book Description Wiley, 2001. Hardcover. Condition: New. 1. Ships with Tracking Number! INTERNATIONAL WORLDWIDE Shipping available. Buy with confidence, excellent customer service!. Seller Inventory # 0471394483n

More information about this seller | Contact this seller

Buy New
US$ 102.87
Convert currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, rates & speeds

7.

Shannon P. Pratt
ISBN 10: 0471394483 ISBN 13: 9780471394488
New Quantity Available: 1
Seller:
BennettBooksLtd
(San Diego, CA, U.S.A.)
Rating
[?]

Book Description Condition: New. New. Seller Inventory # STR-0471394483

More information about this seller | Contact this seller

Buy New
US$ 107.64
Convert currency

Add to Basket

Shipping: US$ 4.95
Within U.S.A.
Destination, rates & speeds