Author : Heidi Ann Hansel
Publisher :
ISBN 13 :
Total Pages : 150 pages
Book Rating : 4.:/5 (415 download)
Book Synopsis Optimal Equity Valuation of Closely Held Corporations by : Heidi Ann Hansel
Download or read book Optimal Equity Valuation of Closely Held Corporations written by Heidi Ann Hansel and published by . This book was released on 1999 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper defines valuation issues specific to closely held corporations by first identifying many factors necessary in the evaluation of a business, as identified in Revenue Ruling 59-60, such as the nature of the business and the history of the enterprise, the economic and industry's outlook, the book value of the stock and the financial condition of the business, the earnings capacity of the company, the dividend paying capacity, whether the enterprise has goodwill or other intangible value, sales of the stock, and the market price of stocks of corporations engaged in the same or a similar line of business. Then, several of the commonly used methods (the adjusted book value method, the discounted cash flows method, the earnings method, the comparative values method, the formula method, and the factor method) are identified, explained, and evaluated to determine their compliance with Revenue Ruling 59-60.