
Creating Investor Demand for Company Stock
A Guide for Financial Managers
Richard Altman(Author)
Praeger Publishers Inc
Published on 20. June 1988
Book
Hardback
413 pages
978-0-89930-173-0 (ISBN)
Description
This volume focuses on smoothing the road to success for the emerging small, publicly held company through an equity valuation strategy. The author provides a `how-to' guide for achieving an efficient market value for a publicly held company's securities, one that clearly reflects the future earnings power of the company's underlying assets. The volume focuses on three broad areas: investor's perceptions of the company's future earning power, who management can shape that perception; and hwo that desired perception can be communicated through Wall Street's distribution channels. Journal of the American Society of CLU and ChFC
This lively book focuses on smoothing the road to success for the emerging small, publicly held company through equity valuation strategy. The author provides a `how-to' guide for achieving an efficient market value for a publicly held comapany's securities, one that clearly reflects the future earning power of the company's underlying assets. The book focuses on three broad areas: investors' perceptions of the company's future earning power; how management can shape that perception; and how that desired perception can be communicated through Wall Street's distribution channels. Combining theory and practice, Altman introduces the reader to the results of academic research on the four influences on security returns and variations in share price. He demonstrates its applicability to the scheduling of equity offerings and reveals the aftermarket equity valuation strategy which management should incorporate into any, and every, public offering.
This lively book focuses on smoothing the road to success for the emerging small, publicly held company through equity valuation strategy. The author provides a `how-to' guide for achieving an efficient market value for a publicly held comapany's securities, one that clearly reflects the future earning power of the company's underlying assets. The book focuses on three broad areas: investors' perceptions of the company's future earning power; how management can shape that perception; and how that desired perception can be communicated through Wall Street's distribution channels. Combining theory and practice, Altman introduces the reader to the results of academic research on the four influences on security returns and variations in share price. He demonstrates its applicability to the scheduling of equity offerings and reveals the aftermarket equity valuation strategy which management should incorporate into any, and every, public offering.
More details
Language
English
Place of publication
United States
Publishing group
Bloomsbury Publishing Plc
Target group
College/higher education
Interest Age: From 7 to 17 years
ISBN-13
978-0-89930-173-0 (9780899301730)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
RICHARD M. ALTMAN is the Director of Altman & Co., an equity valuation training and strategy firm. Prior to this he was Director of Investor Marketing Services at a national financial communications firm and a manager of Investor Relations/Financial Communications at two New York Stock Exchange companies.
Content
Share of Market, Share of Mind Risk, Expected Returns, and Share Prices Creating Investor Demand Begins Before an Initial Public Offering Creating Investor Demand is a Marketing Function Wanted: Cash Flow Communicator Sending Signals to Wall Street Lead Investors--Prioritizing Buying Power Dominant Sponsors--Prioritizing Selling Power Market Value, Sponsorship, and Ownership Credibility Bibliography Index