How can we value an enterprise, like a young internet start-up company, that has no earnings or cash flows, so that traditional and conventional valuation techniques are therefore not applicable? One of the most notable recent industrial revolutions has been the emergence of Biotechnology and Internet companies. Most of these technology companies are predominantly young with no history of earnings or cash flows to evaluate. This book addresses the problem, and presents a model for valuing enterprises that may have no existing assets but only growth opportunities.
Buy Valuation of Corporate Growth Opportunities book by Richard E. Ottoo from Australia's Online Bookstore, Boomerang Books.
(216mm x 140mm x 14mm)
Garland Publishing Inc
Publisher: Taylor & Francis Inc
Country of Publication:
Author Biography - Richard E. Ottoo
Richard E. Ottoo is Assistant Professor of Finance at Pace University.