Corporate finance plays a vital role in every business as it
pertains to an array of financing and investment decisions. Where
most corporate finance books provide tools for public companies,
this book presents new approaches and methods for planning and
valuing private firms. Chapters discuss how typical valuation
methods may not be perfectly adaptable to private firms and their
investment decisions: in particular showing how the widely used
Capital Asset Pricing Model cannot be precisely applied for the
estimation of cost of equity for private companies, and the
limitations of market multiples which may not match individual
company features. The book suggests new ways of financial
forecasting that can be better tailored to private businesses, such
as by exploiting the concept of financial breakeven based on debt
serviceability that departs from the more traditionally used
concept of the revenue-cost breakeven. Topics including financial
planning, working capital management, the cost of capital, and
valuation methods are all covered. This book will be of interest to
consultants, analysts and accountants working in private firms, as
well as academics and students who are interested in an empirical
assessment of the role of corporate finance in private businesses
versus larger public companies.
General
Imprint: |
Palgrave Macmillan
|
Country of origin: |
Switzerland |
Release date: |
September 2023 |
First published: |
2023 |
Authors: |
Federico Beltrame
• Alex Sclip
|
Dimensions: |
210 x 148mm (L x W) |
Pages: |
166 |
Edition: |
1st ed. 2023 |
ISBN-13: |
978-3-03-138088-4 |
Categories: |
Books
Promotions
|
LSN: |
3-03-138088-6 |
Barcode: |
9783031380884 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!