Valuing a Business: The Analysis and Appraisal of Closely Held Companies (Sixth edition)

When it was first published in 1981, Valuing a Business set a new standard in business publishing. Now in its sixth edition, this landmark guide is essential for anyone involved in business valuation-from CEOs, accountants, and lawyers to judges, financial planners, and small-business owners.

Covering both the concepts of business valuation and practices for doing it right, this is by far the most comprehensive book on the subject. Valuing a Business, Sixth Edition provides detailed answers to virtually every question on the topic, ranging from executive compensation and lost profits analysis to ESOP issues and valuation discounts. Updates include:

* Hundreds of new court decisions shedding new light on aspects of valuation

* Checklists for reviewing reports-perfect for practitioners and attorneys

* Risk-measurement methods for estimating cost of capital

* Data sources for estimating discounts for lack of control, liquidity, and marketability

* New chapters on fairness opinions/solvency opinions and valuation of REITs