The Economics of Business Valuation : Towards a Value Functional Approach /

For decades, the market, asset, and income approaches to business valuation have taken center stage in the assessment of the firm. This book brings to light an expanded valuation toolkit, consisting of nine well-defined valuation principles hailing from the fields of economics, finance, accounting,...

Descripción completa

Detalles Bibliográficos
Autor principal: Anderson, Patrick (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Stanford, CA : Stanford University Press, [2020]
Temas:
Business enterprises > Valuation.
Economics.
Finance.
basic pricing equation.
business value.
firm.
net present value rule.
recursive model.
stochastic discount factor.
value functional equation.
value.
BUSINESS & ECONOMICS / Finance / General.
Acceso en línea:Texto completo
Texto completo
Tabla de Contenidos:
  • Frontmatter
  • Contents
  • Preface
  • 1. Modern Value Quandaries
  • 2. Theories of Value
  • 3. The Failure of the Neoclassical Investment Rule
  • 4. The Nature of the Firm
  • 5. The Organization and Scale of Private Business
  • 6. Accounting for the Firm
  • 7. Value in Classical Economics
  • 8. Value in Neoclassical Economics
  • 9. Modern Recursive Equilibrium and the Basic Pricing Equation
  • 10. Arbitrage-Free Pricing in Complete Markets
  • 11. Portfolio Pricing Methods
  • 12. Real Options and Expanded Net Present Value
  • 13. Traditional Valuation Methods
  • 14. Practical Application of the Income Method
  • 15. The Value Functional: Theory
  • 16. The Value Functional: Applications
  • 17. Applications: Finance and Valuation
  • 18. Applications: Law and Economics
  • Appendix A. Key Formula and Notation Summary
  • Appendix B. Guide to the Solutions Manual
  • Appendix C. Description of Subject Companies
  • Notes
  • References
  • Index

Ejemplares similares