Patrick Anderson Business Valuation All Books sku-19510134

Patrick Anderson's hardcover The Economics of Business Valuation: Towards a Value Functional Approach is listed under All Books (SKU sku-19510134). It examines market, asset and income approaches to valuing a firm alongside nine valuation principles drawn from economics, finance, accounting, taxation and management.

The book argues that the value functional approach better reflects stakeholders' motivations and information, while addressing shortcomings of competing approaches. It applies the approach to large firms and to companies without publicly traded stocks or bonds, including businesses with borrowing constraints and entrepreneurs who both finance and manage operations.

Historical notes from international sources and examples run throughout the text. The book is intended for economics and finance scholars and academically minded valuation practitioners.