Книга "Оценка стоимости компаний в нестабильные времена" представляет собой наиболее актуальные инструменты и методы для более точной оценки стоимости в условиях высокой волатильности, глобализации и риска в современной бизнес-среде. Авторы рассматривают мультидисциплинарный подход, учитывая как бухгалтерские, так и финансовые принципы, с практическим фокусом, используя кейс-стади и числовые примеры для иллюстрации основных концепций. Читатели ознакомятся с картой подходов к оценке, доказавшим свою эффективность после кризиса, с явным руководством по внедрению и улучшению при помощи продвинутых инструментов, а также изучат новые модели, методы и перспективы нового значения стоимости. Основными темами, рассмотренными в книге, являются центральность риска и анализ сценариев. Сопутствующий веб-сайт предоставляет соответствующие электронные таблицы, модели и материалы для преподавателей. Современный бизнес осуществляется в быстром, более разнообразном и взаимосвязанном окружении, делая оценку стоимости все более сложной задачей. Новые виды рисков и конкуренции формируют операции и финансы, переопределяя важность управления неопределенностью как ключ к успеху. Книга предлагает новый взгляд на понятие "стоимость" с бухгалтерской и финансовой точек зрения, новые модели и методы оценки, включая сценарную оценку, анализ Монте-Карло и другие продвинутые инструменты, а также методы оценки для прав выпуска и гибридных ценных бумаг. Традиционные модели оценки не соответствуют современным условиям, и точность оценки требует сдвига в парадигме. Книга описывает этот сдвиг и то, как он переводится в более точные методы оценки.
Risk considerations are central to more realistic valuation after the crisis. Corporate Valuation provides the latest tools and techniques to estimate the value of businesses in highly unpredictable, globalised and risky business environments. This thought provoking guide adopts a multi-disciplinary approach, combining accounting and financial principals whilst applying practical arguments with examples and numerical illustrations. It dives into a range of valuation methods seen as particularly effective after the recent crisis, with dedicated guidance for implementation and improvement using advanced technologies, that also identify new models and techniques based on new perspectives of new value. Central to management of risks becomes a recurring theme across techniques covered in this book, with related spreadsheets and models also available on the accompanying website. Business operates in a more rapidly changing, diversified and interconnected world, challenging traditional valuation practices. New risks of different types are shaping business operations and funding, changing the imperative for managing uncertainties as the main driver towards success. Those perspectives are also used here to analyse valuation scenarios, providing the reader with a fresh appreciation of the concept of "value" from both an accounting and finance perspective. You will discover new valuation techniques such as scenario-driven valuation, Monte Carlo analyses and advanced tools. Further, you will study valuation multiples, adjusted for risks over cycles, and understand how deal multiples are analysed. Traditional valuation techniques use models based on an idea of predictable successes and very small adjustments to projections. The past fails to reflect reality because these models fail to encompass uncertainties facing modern business. Corporate Valuations explains this paradigm shift, how it affects current methods for valuation and provides a framework for organisations to use for realistic business value estimations.
The book deals with how to measure the value of companies in turbulent times taking a multidisciplinary and practical approach. The author considers both accounting principles and financial ones. Readers will be provided with proper guidance to implement techniques using advanced analytical approaches.
Электронная Книга «Corporate Valuation. Measuring the Value of Companies in Turbulent Times» написана автором Mario Massari в году.
Минимальный возраст читателя: 0
Язык: Английский
ISBN: 9781119003359
Описание книги от Mario Massari
Risk consideration is central to more accurate post-crisis valuation Corporate Valuation presents the most up-to-date tools and techniques for more accurate valuation in a highly volatile, globalized, and risky business environment. This insightful guide takes a multidisciplinary approach, considering both accounting and financial principles, with a practical focus that uses case studies and numerical examples to illustrate major concepts. Readers are walked through a map of the valuation approaches proven most effective post-crisis, with explicit guidance toward implementation and enhancement using advanced tools, while exploring new models, techniques, and perspectives on the new meaning of value. Risk centrality and scenario analysis are major themes among the techniques covered, and the companion website provides relevant spreadsheets, models, and instructor materials. Business is now done in a faster, more diverse, more interconnected environment, making valuation an increasingly more complex endeavor. New types of risks and competition are shaping operations and finance, redefining the importance of managing uncertainty as the key to success. This book brings that perspective to bear in valuation, providing new insight, new models, and practical techniques for the modern finance industry. Gain a new understanding of the idea of «value,» from both accounting and financial perspectives Learn new valuation models and techniques, including scenario-based valuation, the Monte Carlo analysis, and other advanced tools Understand valuation multiples as adjusted for risk and cycle, and the decomposition of deal multiples Examine the approach to valuation for rights issues and hybrid securities, and more Traditional valuation models are inaccurate in that they hinge on the idea of ensured success and only minor adjustments to forecasts. These rules no longer apply, and accurate valuation demands a shift in the paradigm. Corporate Valuation describes that shift, and how it translates to more accurate methods.
