Editorial Reviews
Review
“You will not devour it as fast as Midnight in the Garden of Good and Evil or Into Thin Air, but newly-published Business Valuations: Advanced Topics...is worth your reading....While Kasper puts emphasis on the conceptual foundations of valuation with a substantial number of mathematical proofs, he also covers practical matters and their meanings, such as fair market value, premiums and discounts, CAPM, debt-free valuations, valuations for tax purposes, and trial strategy. We found each chapter rather unique with ideas not found in the conventional texts.”–
“...critically examines the many common practices and assumptions accepted by certain appraisers and finds them wanting....Kasper does an excellent job in defining the valuation expert's role and purpose in the context of litigation....this book does have something to offer even the most seasoned business valuation practitioner.”–
“The author has paid meticulous attention to derivation of theformulas and equations that, in addition to application of intermediate algebra, involve theory of limits, differential calculus, and probability theory.”–
Book Description
Kasper's book is the first to explain the "why," not just the "how," in the valuation of privately held businesses, and as such makes a unique contribution to its field. Among its many points, the book makes clear that there is no small stock premium, current valuation practice produces business valuations that are too subjective, and tax precedents and laws do not govern business valuations for other purposes. A truly multidisciplinary approach to the advanced study of valuation theory and practice, the book critically examines the many common practices and assumptions accepted by certain appraisers and finds them wanting. It is thus an in-depth exploration of the foundation of current valuation practice, and the evidence that supposedly supports or refutes "traditional wisdom." With easily grasped numerical examples and case studies from Kasper's wide professional experience, this work is an important source of information, knowledge, and applications for professional and academics alike, not only in accounting and related fields, but also in management, investment, and law.
Business Valuations
Business Valuations,Larry J. Kasper,Quorum Books,0899309542,Business & Economics,Business / Economics / Finance,Business enterprises,Business/Economics,Corporate Finance,Corporations,Finance,Law and legislation,Valuation,Budgeting & financial management,Business & Economics / Finance,Investment & securities
English Books:
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