21210168-2 - BUSINESS VALUATION II

The lessons provide an overview of the prevailing techniques, used to estimate the value of a company.
The first part is focused on the different valuation methods: framed by financial theorists or exploited by valuation practitioners.
The second part studies in deep different hypothesis of firm or intangible assets valuation.
The third part is taught in English; its goal is to point out how to value a company (applying the previously studied techniques) in an international environment.

Curriculum

scheda docente | materiale didattico

Programma

This part of the exam is taught in English.
Third part – Principles of Business Valuation
Cash Flow Management in the Value Creation Process.
Normalizing Operating Earnings.
Financing a Leveraged Buy-Out.
Managing a post-LBO acquired Company.
Valuing a Changing Perimeter Business.
Valuing Sport Franchises and Automobile Dealership.
The Mechanism of a Private Equity Fund.
A Private Equity Approach to Valuation.


Testi Adottati

A. DAMODARAN, The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Pearson, NJ, 2018.


Modalità Frequenza

Attendance at lessons is not mandatory, although it is highly recommended.

Modalità Valutazione

For students attending to the lessons: written exercises and questions (2 hours); oral questions. Students who attend to the lessons may decide to develop a group project (on the topic of valuing a business or a part of a business, following the instructions that will be take during the lessons) that will be presented to the classroom. For students who didn't attend to the lessons: written (2 hours) and oral questions. In case of health emergency for COVID-19, the lessons will be held following the directions that the University Rector will give.

scheda docente | materiale didattico

Mutuazione: 21210168-2 VALUTAZIONE D'AZIENDA II in Economia Aziendale LM-77 ARDUINI SIMONA

Programma

This part of the exam is taught in English.
Third part – Principles of Business Valuation
Cash Flow Management in the Value Creation Process.
Normalizing Operating Earnings.
Financing a Leveraged Buy-Out.
Managing a post-LBO acquired Company.
Valuing a Changing Perimeter Business.
Valuing Sport Franchises and Automobile Dealership.
The Mechanism of a Private Equity Fund.
A Private Equity Approach to Valuation.


Testi Adottati

A. DAMODARAN, The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Pearson, NJ, 2018.


Modalità Frequenza

Attendance at lessons is not mandatory, although it is highly recommended.

Modalità Valutazione

For students attending to the lessons: written exercises and questions (2 hours); oral questions. Students who attend to the lessons may decide to develop a group project (on the topic of valuing a business or a part of a business, following the instructions that will be take during the lessons) that will be presented to the classroom. For students who didn't attend to the lessons: written (2 hours) and oral questions. In case of health emergency for COVID-19, the lessons will be held following the directions that the University Rector will give.

scheda docente | materiale didattico

Mutuazione: 21210168-2 VALUTAZIONE D'AZIENDA II in Economia Aziendale LM-77 ARDUINI SIMONA

Programma

This part of the exam is taught in English.
Third part – Principles of Business Valuation
Cash Flow Management in the Value Creation Process.
Normalizing Operating Earnings.
Financing a Leveraged Buy-Out.
Managing a post-LBO acquired Company.
Valuing a Changing Perimeter Business.
Valuing Sport Franchises and Automobile Dealership.
The Mechanism of a Private Equity Fund.
A Private Equity Approach to Valuation.


Testi Adottati

A. DAMODARAN, The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Pearson, NJ, 2018.


Modalità Frequenza

Attendance at lessons is not mandatory, although it is highly recommended.

Modalità Valutazione

For students attending to the lessons: written exercises and questions (2 hours); oral questions. Students who attend to the lessons may decide to develop a group project (on the topic of valuing a business or a part of a business, following the instructions that will be take during the lessons) that will be presented to the classroom. For students who didn't attend to the lessons: written (2 hours) and oral questions. In case of health emergency for COVID-19, the lessons will be held following the directions that the University Rector will give.

scheda docente | materiale didattico

Mutuazione: 21210168-2 VALUTAZIONE D'AZIENDA II in Economia Aziendale LM-77 ARDUINI SIMONA

Programma

This part of the exam is taught in English.
Third part – Principles of Business Valuation
Cash Flow Management in the Value Creation Process.
Normalizing Operating Earnings.
Financing a Leveraged Buy-Out.
Managing a post-LBO acquired Company.
Valuing a Changing Perimeter Business.
Valuing Sport Franchises and Automobile Dealership.
The Mechanism of a Private Equity Fund.
A Private Equity Approach to Valuation.


Testi Adottati

A. DAMODARAN, The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Pearson, NJ, 2018.


Modalità Frequenza

Attendance at lessons is not mandatory, although it is highly recommended.

Modalità Valutazione

For students attending to the lessons: written exercises and questions (2 hours); oral questions. Students who attend to the lessons may decide to develop a group project (on the topic of valuing a business or a part of a business, following the instructions that will be take during the lessons) that will be presented to the classroom. For students who didn't attend to the lessons: written (2 hours) and oral questions. In case of health emergency for COVID-19, the lessons will be held following the directions that the University Rector will give.

scheda docente | materiale didattico

Mutuazione: 21210168-2 VALUTAZIONE D'AZIENDA II in Economia Aziendale LM-77 ARDUINI SIMONA

Programma

This part of the exam is taught in English.
Third part – Principles of Business Valuation
Cash Flow Management in the Value Creation Process.
Normalizing Operating Earnings.
Financing a Leveraged Buy-Out.
Managing a post-LBO acquired Company.
Valuing a Changing Perimeter Business.
Valuing Sport Franchises and Automobile Dealership.
The Mechanism of a Private Equity Fund.
A Private Equity Approach to Valuation.


Testi Adottati

A. DAMODARAN, The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Pearson, NJ, 2018.


Modalità Frequenza

Attendance at lessons is not mandatory, although it is highly recommended.

Modalità Valutazione

For students attending to the lessons: written exercises and questions (2 hours); oral questions. Students who attend to the lessons may decide to develop a group project (on the topic of valuing a business or a part of a business, following the instructions that will be take during the lessons) that will be presented to the classroom. For students who didn't attend to the lessons: written (2 hours) and oral questions. In case of health emergency for COVID-19, the lessons will be held following the directions that the University Rector will give.