Transcription of Corporate Valuations - update 11-07-07 - …
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Lecture Series 6 - 11 Corporate Valuations in the Hospitality Business 4th Edition Prof. Chris Droussiotis, , Fairleigh Dickinson University International School of Hospitality Management 2 Corporate Valuations Corporate Valuations OVERVIEW The Importance of Corporate Valuations : The most important objective of management is to increase the value of the company . Many different constituencies are interested in shareholder value. Shareholders Employees Management Future Investors Future Acquirers Creditors (Banks, Subordinated Debt Holders, Trade Creditors) The Community How do you Measure Corporate valuation ?
3 Different Measurements of Valuation There are number of ways to value a company. These will differ in their appropriateness depending on who is interested in the valuation.
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