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出版商:
Springer
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出版日期:
2025-06-18
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售價:
$5,310
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貴賓價:
9.8 折
$5,204
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語言:
英文
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頁數:
654
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裝訂:
Hardcover - also called cloth, retail trade, or trade
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ISBN:
3031908465
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ISBN-13:
9783031908460
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相關分類:
投資理財 Investment
商品描述
Business valuation and company value play a very important role in making an informed investment decision; buying and selling shares and bonds of a company on the stock market; insurance; taxation, etc. This book develops new approaches to business valuation and company value. The existing methods of business and company valuation have many shortcomings, two of which are global, related to the impossibility of estimating one of the fundamental parameters of valuation - the discount rate, and the impossibility of correctly accounting for the retrospective period of valuation. Both of these shortcomings can currently be overcome only within the framework of the modern theory of Brusov-Filatova-Orekhova (BFO), which is done in this monograph, devoted to the development of a qualitatively new approach to the valuation of businesses and companies. The second most important method of business valuation - CAPM - was generalized by the authors to include financial risk along with business risk, and for the first time this was done correctly. A new model - CAPM 2.0 - was created and applied to many companies. And finally, CAPM 2.0 was included in the modern theory of Brusov-Filatova-Orekhova (BFO), which allows for a correct assessment of a business and a company, taking into account both business and financial risks, illustrating the practical application of the developed innovative approach.
商品描述(中文翻譯)
商業估值和公司價值在做出明智的投資決策、在股市上買賣公司的股票和債券、保險、稅務等方面扮演著非常重要的角色。本書發展了商業估值和公司價值的新方法。現有的商業和公司估值方法存在許多缺陷，其中兩個是全球性的，與無法估算估值的一個基本參數——折現率有關，以及無法正確考量估值的回溯期間有關。目前，這兩個缺陷只能在現代Brusov-Filatova-Orekhova (BFO) 理論的框架內克服，本專著致力於發展一種質量上全新的商業和公司估值方法。商業估值的第二重要方法——資本資產定價模型 (CAPM) 被作者進行了概括，將金融風險與商業風險一起納入考量，並且這是第一次正確地做到這一點。一個新的模型——CAPM 2.0 被創建並應用於許多公司。最後，CAPM 2.0 被納入現代Brusov-Filatova-Orekhova (BFO) 理論，這使得在考慮商業和金融風險的情況下，能夠正確評估一個商業和公司，並展示了所開發的創新方法的實際應用。
作者簡介
Peter Brusov is professor at the Financial University under the Government of the Russian Federation in Moscow (Russia). He is an expert in financial management, corporate finance, investments, ratings, taxation, business valuation. He is a co-author of the famous Brusov-Filatova-Orekhova theory, which replaced the well-known Modigliani-Miller theory. As well he is a co-author of the CAPM 2.0 model, which generalized the famous CAPM model for accounting the financial risk along with business risk. Peter Brusov is the author of the qualitatively new approach to business valuation. He has been a visiting Professor of Northwestern University (USA), Cornell University (USA), Osaka City University (Japan) and National Chung Cheng University (Taiwan) among other places. He is the author of over 550 research publications including nine monographs, numerous textbooks and articles. Tatiana Filatova is professor at the Financial University under the Government of the Russian Federation in Moscow (Russia). She is an expert in financial management, corporate finance, investments, ratings, taxation, business valuation. Tatiana Filatova is a co-author of the famous Brusov-Filatova-Orekhova theory, which replaced the well-known Modigliani-Miller theory. As well she is a co-author of the CAPM 2.0 model, which generalized the famous CAPM model for accounting the financial risk along with business risk. Tatiana Filatova is the author of the qualitatively new approach to business valuation. In the past 20 years, she has been Dean of the faculties of financial management, management, state and municipal government at the Financial University. Tatiana Filatova is the author of over 300 research publications including eight monographs, numerous textbooks and articles.
作者簡介(中文翻譯)
彼得·布魯索夫是俄羅斯聯邦政府金融大學（位於莫斯科）的教授。他是財務管理、企業財務、投資、評級、稅務和商業估值方面的專家。他是著名的布魯索夫-菲拉托娃-奧列赫娃理論的共同作者，該理論取代了知名的莫迪利安尼-米勒理論。此外，他還是CAPM 2.0模型的共同作者，該模型對著名的CAPM模型進行了概括，以考慮財務風險和商業風險。彼得 布魯索夫 提出了一種質量上全新的商業估值方法。他曾擔任美國西北大學、康奈爾大學、日本大阪市立大學和台灣國立中正大學等地的訪問教授。他擁有超過550篇研究出版物，包括九部專著、眾多教科書和文章。 塔季揚娜·菲拉托娃是俄羅斯聯邦政府金融大學（位於莫斯科）的教授。她是財務管理、企業財務、投資、評級、稅務和商業估值方面的專家。塔季揚娜·菲拉托娃是著名的布魯索夫-菲拉托娃-奧列赫娃理論的共同作者，該理論取代了知名的莫迪利安尼-米勒理論。此外，她還是CAPM 2.0模型的共同作者，該模型對著名的CAPM模型進行了概括，以考慮財務風險和商業風險。塔季揚娜 菲拉托娃 提出了一種質量上全新的商業估值方法。在過去的20年中，她擔任金融大學財務管理、管理、國家和市政政府學院的院長。塔季揚娜·菲拉托娃擁有超過300篇研究出版物，包括八部專著、眾多教科書和文章。
