Principles of Private Firm Valuation

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John Wiley & Sons, Inc. Principles of Private Firm Valuation STANLEY J. FELDMAN 12249_Feldman_4p_ffirst.r.qxd 2/9/05 9:49 AM ...

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Principles of Private Firm Valuation 12249_Feldman_4p_ffirst.r.qxd 2/9/05 9:49 AM Page i ...

Founded in 1807, John Wiley & Sons is the oldest independent publishing com- pany in the United States. With offices in Nort ...

John Wiley & Sons, Inc. Principles of Private Firm Valuation STANLEY J. FELDMAN 12249_Feldman_4p_ffirst.r.qxd 2/9/05 9:49 AM ...

Copyright © 2005 by Stanley J. Feldman. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Publ ...

v Contents CHAPTER Preface vii The Value of Fair Market Value CHAPTER Creating and Measuring the Value of Private Firms CHA ...

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vii T he intended audience for Principles of Private Firm Valuationis CPAs, valuation analysts, and CFOs of private firms. Many ...

its ability to do so effectively depends on the capacity of valuation experts to articulate the logic underlying their valuation ...

Over the next several years, the U.S. economy will experience an unprecedented volume of wealth transfers. Most analysts have fo ...

support. I owe a debt of gratitude to my university colleagues, to the admin- istrators, and to the Bentley College sabbatical c ...

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1 The Value of Fair Market Value CHAPTER 1 P rivate firms can be valued under multiple standards of value, the most notable stan ...

concepts. Other standards of value differ from FMV in that they do not incorporate all of the criteria that an FMV standard requ ...

would not be fair if groups of participants were disadvantaged in the sense that their access to information is limited or the q ...

Being reasonably informed also means that parties to a transaction have performance expectations that are fully consistent with ...