Business Valuation: An Integrated Theory

<p><b>A guide that demystifies modern valuation theory and shows how to apply fundamental valuation concepts</b></p> <p>The revised and updated third edition of <i>Business Valuation: An Integrated Theory</i> explores the core concepts of the integrated theory of business valuation and adapts the theory to reflect how the market for private business actually works.</p> <p>In this third edition of their book, the authors—two experts on the topic of business valuation—help readers translate valuation theory into everyday valuation practice. This important updated book:</p> <ul> <li>Includes an extended review of the core concepts of the integrated theory of business valuation and applies the theory on a total capital basis</li> <li>Explains “typical” valuation discounts (marketability and minority interest) and premiums (control premiums) in the context of financial theory, institutional reality and the behavior of market participants</li> <li>Explores evolving valuation perspectives in the context of the integrated theory</li> <li>Written by two experts on valuation theory from Mercer Capital</li> </ul> <p>The third edition of <i>Business Valuation</i> is the only book available regarding an integrated theory of business valuation—offering an essential, unprecedented resource for business professionals.</p>