Company Value Evaluation -- An Effective Tool for Assessment and Decision-Making: An Effective Tool for Assessment and Decision-Making

Author: Bradford Cornell
Publisher:
Publication Date: 2001-01-01
Features: This book provides fundamental insights for managers, directors, bankers, and other stakeholders involved in value maximization, enabling them to enhance corporate value through effective decision-making. It also offers practical techniques for calculating a company's market value. In today's business environment, shareholder participation is increasing, and the holders of company securities will compel the board of directors and management to take responsibility for value maximization. But how can value-increasing decisions be made without understanding how value is determined in the market? Corporate Value Assessment introduces the theory, principles, and calculation tools of value assessment, bridging the gap between financial theory and assessment practice. By reading this book, business decision-makers can gain a deeper understanding of the key factors influencing corporate value, and staff involved in assessment practice will also benefit from the valuable insights it provides. Corporate Value Assessment introduces managers to four value assessment methods, the most widely used methods by professional assessors and investment bankers, helping them better understand the strengths and weaknesses of their companies. As readers of this book will discover, a detailed example runs throughout, demonstrating key assessment issues through its evaluation. Additionally, for complex non-central issues in assessment, such as option pricing, the book briefly explains them with limited space. The book focuses on the understanding and application of financial models rather than emphasizing their derivation, emphasizing intuitive discussions, analogies, and examples.