The Valuation Book contains the tools needed by anyone who wants to make a robust valuation of a business. No detailed prior knowledge of business valuation is required – the book covers everything you need to know, including how to read relevant parts of company accounts and the valuation tools (including DCF and multiples) that are used by professionals. Written by academics who are also practitioners, The Valuation Book provides a unique mix of theory and practical application. It is designed around the authors’ experience of teaching thousands of people about valuation principles over the last two decades. Short, accessible chapters with a consistent structure and layout allow readers to build up their knowledge step by step. And the book is fully up to date, with accessible specialist chapters on integrating ESG into valuations, valuing immature companies, identifying flaws in valuation models, valuation for mergers and acquisitions, and more. The Valuation Book is a comprehensive introductory valuation guide for investors, managers, accountants, lawyers and anyone else who needs to value a business.

In 1997 the United States accepted more legal immigrants than all other countries combined. This large influx of newcomers, however, has alarmed many Americans. Immigration is a controversial issue because it intersects with the most contentious issues of our time: multiculturalism, bilingualism, unemployment, crime, etc. Opinion polls since 1965 show that a strong majority want to reduce immigration. Yet our government has refused to respond to the public's wish. In 1996, Congress scuttled a proposal to reduce immigration by a third. (Earlier, in 1990, Congress voted to increase immigration by a whopping 40 percent.) This is all the more surprising because the United States has had no qualms about severely restricting immigration in the past. Kenneth Lee explains why recent immigration policy has failed to reflect the public opinion by approaching the question from a broad, historical outlook, and from a focused, contemporary perspective. He traces several momentous historical changes that have abetted the pro-immigration block and weakened the restrictionists' clout (mainly, the rise of conservative economics in the 1970s and the growing racial liberalism in America). He also examines immigration policy on a micro-level: detailing the intense lobbying that went on for the 1990 and 1996 immigration bills, and he also shows how unlikely players as, for example, Christian Coalition's Ralph Reed, helped defeat the restrictionist bill in 1996.

International experts in the field of oil spill response, including reprsentatives from 26 NATO countries, participated in a workshop in Canada to discuss their experience in the development and application of current and emerging technologies for oil spill response in the marine environment. These presentations which form the basis of chapters in this book provide a practical viewpoint of methods used to deal with oil spills under the variety of environmental conditions found in the marine environment. In particular, focus is given to the evaluation of oil spill countermeasures for use under arctic conditions in light of anticipated regional increases in marine traffic (e.g. Northwest Passage) and industrial activities (e.g. offshore oil and gas exploration) in the future.

This book provides a timely international perspective on applied research and development, technology transfer, and lessons learned from field trials and actual case studies associated with recent spill events. Topics include Preparedness/Contingency Planning, (Eco-terrorism); Oil Spill Fate and Transport (Environmental Persistence, Remote Sensing, modelling, Biodegradation), Biological Effects (Environmental Effects Monitoring and Environmental Risk Assessment); and Operational Response (Containment/Recovery Treating Agents, Shoreline Cleanup, In-situ Burning, Emerging Response Strategies). This book provides a synopsis as to the methods currently employed to deals with spills and an insight on future technologies under development. "

This title includes state-of-the-art review of scientific knowledge on the environmental risk of ocean discharge of produced water and advances in mitigation technologies. In offshore oil and gas operations, produced water (the water produced with oil or gas from a well) accounts for the largest waste stream (in terms of volume discharged). Its discharge is continuous during oil and gas production and typically increases in volume over the lifetime of an offshore production platform. Produced water discharge as waste into the ocean has become an environmental concern because of its potential contaminant content. Environmental risk assessments of ocean discharge of produced water have yielded different results. For example, several laboratory and field studies have shown that significant acute toxic effects cannot be detected beyond the 'point of discharge' due to rapid dilution in the receiving waters. However, there is some preliminary evidence of chronic sub-lethal impacts in biota associated with the discharge of produced water from oil and gas fields within the North Sea. As the composition and concentration of potential produced water contaminants may vary from one geologic formation to another, this conference also highlights the results of recent studies in Atlantic Canada.

Originally published in 1977, this book explored some of the major problems besetting the Health Service during the second half of the twentieth century. Now, as then, they offer both historical perspective on contemporary difficulties and invite debate about the future development of health services. The main themes are the medical care system and its organisational structures; the managers and the providers of the system, their tasks and responses; the resources available whether financial, human or material; and finally the consumers and their influence upon the overall direction of the system.

Bioassays are among the ecotoxicologist's most effective weapons in the evaluation of water quality and the assessment of ecological impacts of effluents, chemicals, discharges, and emissions on the aquatic environment. Information on these assessment aids is needed throughout the international scientific and environmental management community. This comprehensive reference provides an excellent overview of the small-scale aquatic bioassay techniques and applications currently in use around the world.
This special volume is the result of several years of collaboration between Environment Canada and Fisheries and Oceans Canada. Internationally recognized research scientists at many institutions have contributed to this state-of-the-art examination of the exciting, environmentally important field of microscale testing in aquatic toxicology.
Microscale Testing in Aquatic Toxicology contains over forty chapters covering relevant principles, new techniques and recent advancements, and applications in scientific research, environmental management, academia, and the private sector.

This open access textbook introduces the emerging field of Development Engineering and its constituent theories, methods, and applications. It is both a teaching text for students and a resource for researchers and practitioners engaged in the design and scaling of technologies for low-resource communities. The scope is broad, ranging from the development of mobile applications for low-literacy users to hardware and software solutions for providing electricity and water in remote settings. It is also highly interdisciplinary, drawing on methods and theory from the social sciences as well as engineering and the natural sciences. The opening section reviews the history of "technology-for-development" research, and presents a framework that formalizes this body of work and begins its transformation into an academic discipline. It identifies common challenges in development and explains the book's iterative approach of "innovation, implementation, evaluation, adaptation." Each of the next six thematic sections focuses on a different sector: energy and environment; market performance; education and labor; water, sanitation and health; digital governance; and connectivity. These thematic sections contain case studies from landmark research that directly integrates engineering innovation with technically rigorous methods from the social sciences. Each case study describes the design, evaluation, and/or scaling of a technology in the field and follows a single form, with common elements and discussion questions, to create continuity and pedagogical consistency. Together, they highlight successful solutions to development challenges, while also analyzing the rarely discussed failures. The book concludes by reiterating the core principles of development engineering illustrated in the case studies, highlighting common challenges that engineers and scientists will face in designing technology interventions that sustainably accelerate economic development. Development Engineering provides, for the first time, a coherent intellectual framework for attacking the challenges of poverty and global climate change through the design of better technologies. It offers the rigorous discipline needed to channel the energy of a new generation of scientists and engineers toward advancing social justice and improved living conditions in low-resource communities around the world.

Korea has had a long, great civilization, with four "golden ages." Destruction caused by foreign powers has failed to extinguish the Korean spirit for survival. Korea, at least its southern part, is at the threshold of another golden age, despite the handicap of being a divided nation. To understand Korea's present situation, one must look back at many thousands of years of Korean history. The purpose of this study is to look squarely at that history, including the atrocities committed against Koreans by several countries, especially Japan in the periods of 1592-1598 and 1895-1945. Some of the questions addressed in this study are: How did Koreans rebuild their country time after time, following destruction by foreign invaders? How could Koreans, in recent years, rebuild their economy in such a short time? What motivates them? Why is North Korea so different from South Korea? What is the potential of Korea in the twenty-first century? Why do Koreans have such difficulty unifying their country?

A state-of-the-art review of scientific knowledge on the environmental risk of ocean discharge of produced water and advances in mitigation technologies. In offshore oil and gas operations, produced water (the water produced with oil or gas from a well) accounts for the largest waste stream (in terms of volume discharged). Its discharge is continuous during oil and gas production and typically increases in volume over the lifetime of an offshore production platform. Produced water discharge as waste into the ocean has become an environmental concern because of its potential contaminant content. Environmental risk assessments of ocean discharge of produced water have yielded different results. For example, several laboratory and field studies have shown that significant acute toxic effects cannot be detected beyond the "point of discharge" due to rapid dilution in the receiving waters. However, there is some preliminary evidence of chronic sub-lethal impacts in biota associated with the discharge of produced water from oil and gas fields within the North Sea. As the composition and concentration of potential produced water contaminants may vary from one geologic formation to another, this conference also highlights the results of recent studies in Atlantic Canada.

International experts in the field of oil spill response, including reprsentatives from 26 NATO countries, participated in a workshop in Canada to discuss their experience in the development and application of current and emerging technologies for oil spill response in the marine environment. These presentations which form the basis of chapters in this book provide a practical viewpoint of methods used to deal with oil spills under the variety of environmental conditions found in the marine environment. In particular, focus is given to the evaluation of oil spill countermeasures for use under arctic conditions in light of anticipated regional increases in marine traffic (e.g. Northwest Passage) and industrial activities (e.g. offshore oil and gas exploration) in the future.

This book provides a timely international perspective on applied research and development, technology transfer, and lessons learned from field trials and actual case studies associated with recent spill events. Topics include Preparedness/Contingency Planning, (Eco-terrorism); Oil Spill Fate and Transport (Environmental Persistence, Remote Sensing, modelling, Biodegradation), Biological Effects (Environmental Effects Monitoring and Environmental Risk Assessment); and Operational Response (Containment/Recovery Treating Agents, Shoreline Cleanup, In-situ Burning, Emerging Response Strategies). This book provides a synopsis as to the methods currently employed to deals with spills and an insight on future technologies under development.

The influence of International Financial Reporting Standards (IFRS) on accounting across the world is stronger than ever. Most importantly, this stems from the mandatory adoption of IFRSs in many parts of the world, including Europe, Canada, Australia, Brazil and, with some relatively small exceptions, China. Additionally, foreign registrants in the US are also permitted to use IFRS by the SEC. The impact of IFRSs also extends to accounting developments as the IASB and the FASB work closely together to formulate new standards such as those recently issued on leasing and revenue recognition. It is clear that investors, analysts and valuers need to understand financial statements produced under IFRS to feed in to their valuations and broader investment decisions. Written by practitioners for practitioners, the book addresses valuation from the viewpoint of the analyst, the investor and the corporate acquirer. It starts with valuation theory: what is to be discounted and at what discount rate? It explains the connection between standard methodologies based on free cash flow and on return on capital. And it emphasizes that, whichever method is used, accurate interpretation of accounting information is critical to the production of sensible valuations. The authors argue that forecasts of cash flows imply views on profits and balance sheets, and that non-cash items contain useful information about future cash flows - so profits matter. The book addresses the implications for analysis, modelling and valuation of key aspects of IFRS, all updated for recent developments, including: - Pensions - Stock options - Derivatives - Provisions - Leases - Revenue recognition - Foreign currency The text also sets out the key differences between IFRS and US GAAP treatments of these issues, in addition to their implications for analysis. A detailed case study is used to provide a step-by-step valuation of an industrial company using both free cash flow and economic profit methodologies. The authors then address a range of common valuation problems, including cyclical or immature companies, as well as the specialist accounting and modelling knowledge required for regulated utilities, resource extraction companies, banks, insurance companies, real estate companies and technology companies. Accounting for mergers and disposals is first explained and then illustrated with a detailed potential acquisition.

In 1983 The Economics of Health in Devloping Countries was published. This was a basic text, designed to illuminate ways in which economic concepts and techniques can be applied to health and health services, each chapter reviewing the state of the art' in a particular area. Since 1983, there has been a rapidly growing interest in this field. One striking feature has been considerably increased research effort, providing the basis for this publication which presents a number of empirical studies in order both to clarify research methodologies and report research results that are of key importance to policy-makers. Those economists most active in researching the health sector in developing countries were invited to contribute chapters: all have direct experience of working in developing countries, whether for governments, educational institutions, or international agencies.
This book will be of use to all those interested (as policy-makers, managers, academics, and students) in economic issues concerning the health sector, and in the application of the concepts and techniques of health economics to improve the efficiency and equity of resource use in the developing world.

This book arises from the challenges and difficulties involved in the evaluation and management of concussions in wheelchair athletes. Concussions are most readily identified in the ambulatory population via identifying gross motor instability or when athletes lose their balance and stumble after a blow to the head or neck region. Because wheelchair athletes participate in sport while sitting down and using a wheelchair, clinicians must be extra attentive to identify a potential concussion. Once a potential concussion is identified, there are many challenges in evaluation of the wheelchair athlete population due to their comorbidities. At baseline, they may have signs and symptoms that mimic a concussion, and their impairments can also alter their cognitive and balance assessments. Therefore, it is critical to make a distinction between these athletes' baseline comorbid impairments and potential new exam findings in a concussion. Filling in a critical gap in the literature, this is a concise pocket guide for any clinician, trainer, or rehabilitation specialist who is involved in wheelchair sports. It focuses on the unique challenges in evaluating a concussion in the wheelchair athlete, including baseline testing, the process of evaluating the signs and symptoms of a concussion, cognitive and vestibular examination, new clinical techniques specific to wheelchair athletes, and the return to play process. A Concussion Management Program (CMP) for use on the sideline as well as in the office is included. Practical and timely, Concussion Management for Wheelchair Athletes is a valuable resource to increase awareness, provide guidance on the unique challenges within this population, and generate interest in future research and investigation.