Essential reading for the serious business appraiser Now in a Second Edition, Quantitative Business Valuation is an authoritative guide enabling you to value businesses from a mathematical perspective. Written by leading valuation and litigation economist Jay Abrams, this all-inclusive quantitative guide to the valuation of privately held businesses provides you with valuation theory and applications, including development of dozens of useful valuation formulas, use of regression analysis in several contexts, developing discount rates from stock market returns, adjusting for control and marketability, empirical validation of model estimates, litigation issues, and ESOP valuation.
* Updated coverage of regression analysis * Extensive analysis of new academic literature on growth versus value firms * A new chapter on valuing ESOPs comparing the after-personal-tax wealth effects of selling to an ESOP versus selling with an S Corp premium to an outside party * New chapters of litigation * New chapter on Monte Carlo Simulation & Real Options Valuation The clear, step-by-step explanations found in Quantitative Business Valuation, Second Edition make advanced quantitative techniques available to the many appraisers who are not capable of independently creating the underlying mathematical analysis.
Jay B. Abrams is a leading valuation and litigation economist. He is the principal in Abrams Valuation Group, Inc. and is credited with numerous inventions, including the Abrams Log Size Model for calculating discount rates. He is also a popular finance lecturer and the author of numerous journal articles.