Valuation of unlisted direct investment equity [[electronic resource] /] / Emmanuel Kumah, Jannick Damgaard, and Thomas Elkjaer |
Autore | Kumah Emmanuel O |
Pubbl/distr/stampa | [Washington, D.C.], : International Monetary Fund, 2009 |
Descrizione fisica | 73 p. : ill |
Altri autori (Persone) |
DamgaardJannick
ElkjaerThomas |
Collana | IMF working paper |
Soggetto topico |
Investments, Foreign
Investment analysis |
Soggetto genere / forma | Electronic books. |
ISBN |
1-4623-9712-3
1-282-84442-3 1-4518-7389-1 1-4527-7629-6 9786612844423 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Record Nr. | UNINA-9910463703203321 |
Kumah Emmanuel O
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[Washington, D.C.], : International Monetary Fund, 2009 | ||
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Lo trovi qui: Univ. Federico II | ||
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Valuation of unlisted direct investment equity / / Emmanuel Kumah, Jannick Damgaard, and Thomas Elkjaer |
Autore | Kumah Emmanuel O |
Edizione | [1st ed.] |
Pubbl/distr/stampa | [Washington, D.C.], : International Monetary Fund, 2009 |
Descrizione fisica | 73 p. : ill |
Disciplina | 338.1589 |
Altri autori (Persone) |
DamgaardJannick
ElkjaerThomas |
Collana | IMF working paper |
Soggetto topico |
Investments, Foreign
Investment analysis |
ISBN |
1-4623-9712-3
1-282-84442-3 1-4518-7389-1 1-4527-7629-6 9786612844423 |
Formato | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto | Cover Page -- Title Page -- Copyright Page -- Contents -- I. Introduction -- II. Valuation of Equity -- A. Equity Valuation Theory -- Absolute Valuation Models -- Relative Valuation Models -- B. Valuation in International Macroeconomic Statistical Manuals -- C. Issues Related Particularly to Valuation of Unlisted Equity -- III. Study Design and Data -- A. Selection of Valuation Methods -- B. Estimation Techniques -- C. Data -- IV. Empirical Modeling of Market Value Estimates -- A. Estimation of Regression Models -- B. Estimation of Valuation Multiples -- C. Discussion of the Estimated Valuation Models -- V. Application of Models to the Danish International Investment Position -- VI. Conclusion and Recommendations -- Annex 1: BPM6-Recommended Valuation Methods -- (A) Recent Transaction Price -- (B) Net Asset Value -- (C1) Present Value of Earnings -- (C2) Price to Earnings -- (D) Price to Book Value -- (E) Own Funds at Book Value (OFBV) -- (F) Apportioning Global Value -- Annex 2: Issues Related Particularly to Valuation of Unlisted Equity -- Illiquidity Discounts -- The Value of Control -- Treatment of Negative Positions -- Annex 3: Model Assumptions -- Annex 4: Practical Estimation Considerations -- Annex 5: Descriptive Statistics for Unlisted Direct Investment Enterprises -- Annex 6: Practical Advice for Compilers -- VII. References -- Footnotes. |
Record Nr. | UNINA-9910826146803321 |
Kumah Emmanuel O
![]() |
||
[Washington, D.C.], : International Monetary Fund, 2009 | ||
![]() | ||
Lo trovi qui: Univ. Federico II | ||
|