Here’s what you’ll see:
- Restricted Stock Studies That Back Up the DLOM (BVU Editor). One of the most convincing types of evidence that supports the concept of a discount for lack of marketability (DLOM) is found in studies of restricted stock. At least 16 articles have been published since 2000 that report discounts along with their analysis.
- Valuing Shareholder Loans in Divorce: What Is It Worth? (Christine Baker, CPA/ABV/CFF). After a shareholder loan has been deemed to be a bona fide debt of the company, payable to the shareholder, the valuation analyst has yet another task: determining the fair market value of that debt.
- Avoiding the Valuation of Referrals in a Healthcare Context (BVU Editor). A recent jury award illustrates the pitfalls of valuing an arrangement that involves a healthcare entity and physicians. Various valuation contexts are discussed.
- Using Oracle Crystal Ball for Monte Carlo Simulation (Steve Hoye, CFA, MBA). Perspectives on the experiences and interactions with valuation analysts over the use of Oracle Crystal Ball.
To read these articles—plus a digest of the latest court cases—see the November issue of Business Valuation Update (subscription required).
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