Quantitative Business Valuation

Praise for the First Edition of Quantitative BusinessValuation A Mathematical Approach for Today's Professionals "Jay Abrams' book is close to the equivalent of several graduatedissertations rolled into one book. For each topic (covered), hepresents a scholarly summary of past research, new empiricalresearch of his own, and his conclusions. It is a well-documentedcontribution to in-depth understanding of important businessvaluation issues, and should not be overlooked by the seriouspractitioner." --Shannon Pratt, DBAManaging Director, Willamette ManagementAssociatesCoauthor, Valuing a Business "A must-read for the serious business appraiser." --Jay E. Fishman, ASA, CBAPresident, Financial Research,Inc. "The problem of simplified valuation procedures and coherenttheory still remains complex and is ever evolving. Jay Abrams dealsvery effectively with this complexity through the use ofmathematical formulas. Input to his models is explained withclarity and effectiveness, which adds to the overall value of thisadvanced text on business valuation." --Terry A. Isom, Chairman, National Association of CertifiedValuation Analysts "Jay Abrams' book strives to provide mathematical modeling forwhat practitioners often do by reasoning alone. This book is amust-read for practitioners who are searching for additionaltechniques for dealing with some of business valuation'simponderables." --David M. Bishop, FIBA, BVAL, ASA, MCBAPresident, AmericanBusiness Appraisers, Inc. "Jay Abrams' book will not only challenge the top theoreticiansin the field; his step-by-step explanations will make advancedquantitative techniques available to the many appraisers who arenot capable of independently creating the underlying mathematicalanalysis." --Kent Osborne, ASAChairman, Editorial Review Board of theAmerican Society of Appraisers "While a proliferation of business valuation treatises andguides exists in the market, most are very general in nature and donothing more than rehash fundamental concepts. I am unaware of anyauthor who has stepped into the unknown as Jay Abrams has andcompiled and developed a treatise of extremely useful analyticaltools for the serious valuator." --Robert J. Grossman, CPA/ABV, ASA, CVAPartner, Grossman Yanak& Ford "Jay Abrams develops unusual approaches which meritconsideration when 'cookie cutter' methodologies are inadequate.This manuscript contributes to the dialogue among practitioners andstrengthens the theoretical foundations of businessvaluation." --Herbert T. SpiroPresident, American Valuation Group,Inc. "There is no question about it, the use of rigorous quantitativemethods is the cure for subjective valuation analysis. This booknot only satisfies this need--which has grown considerably inrecent years--but is chock-full of new tools that have beencarefully developed." --Edward MurrayValuation Partner, Arthur Andersen, LLP