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Informationen zum Autor LUIS E. PEREIRO is a consultant who has steered several strategic change projects in multinational corporations such as Bank of America, Union Carbide, and Nissho Iwai. He is Professor of Entrepreneurship & Strategy and Director of the Center for Entrepreneurship and Business Venturing at Universidad Torcuato Di Tella in Buenos Aires, Argentina. He is also a visiting professor at HEC-School of Management in Paris. His numerous articles have appeared in many prestigious business journals and books. Klappentext Ein praxisorientierter Leitfaden zur Unternehmensbewertung in Emerging Markets. Behandelt wird die Bewertung von Publikumsgesellschaften und personenbezogenen Aktiengesellschaften in Schwellenländern für Fusions- und Akquisitionszwecke. Der Schwerpunkt liegt eindeutig auf Bewertungsfragen rund um Emerging Markets. "Valuation of Companies in Emerging Markets" schließt damit die Lücke zwischen Theorie und Praxis bei der Unternehmensbewertung in aufstrebenden Märkten. Der Band vermittelt aber nicht nur die besten praxiserprobten Bewertungsmethoden für Industrie- und Schwellenländer, sondern liefert auch die notwendigen Tools für die Bewertung von Technologieunternehmen in Emerging Markets. Mit Links zu relevanten Internet Resources. Zusammenfassung This title takes a practical, step-by-step approach to valuing both public and closely-held companies in emerging economies for merger or acquisition purposes. It bridges the gap between theory and the practice of company valuation in transitioning markets. Focuses on the valuation issues for emerging markets. Inhaltsverzeichnis FOREWORD xvii CHAPTER 1 Valuing Companies in Emerging Markets: Importance and Challenges 1 CHAPTER 2 Valuing Companies in Developed Markets: A Review 32 CHAPTER 3 Fundamental Discounted Cashflow Valuation in Emerging Markets: Cashflows and the Cost-of-Equity Capital 92 CHAPTER 4 Fundamental Discounted Cashflow Valuation in Emerging Markets: Unsystematic Risk and Synthetic Company Value 175 CHAPTER 5 Valuing Companies in Emerging Markets via Real Options 222 CHAPTER 6 Relative Valuation in Emerging Markets: Comparable Companies and Transactions 247 CHAPTER 7 Valuing Technology Startups in Emerging Markets 319 APPENDIX A Valuation Parameters in the Reference Emerging Markets 429 APPENDIX B Valuation Parameters in the United States 438 APPENDIX C Valuation Parameters in Argentina 449 APPENDIX D Sources of Data on Comparable Companies and Transactions 462 APPENDIX E Valuation Parameters of U.S. Internet Companies 464 APPENDIX F Present Value of Asset/Present Value of Exercise Price 483 APPENDIX G Best Valuation Practices in the United States and Argentina 488 INDEX 497 ...
