| You are visitor # Peter C Dawson Publishing Ridgefield, Connecticut 06877 USA www.petercdawson.us petercdawson [at] yahoo [dot] com Dawson, Peter C. 2010. The Economics of Business Valuation Discounts and the Competitive Risk-Return Paradigm. Ridgefield, Connecticut: Peter C Dawson Publishing. Hardcover, 450 pages, ISBN: 978-0-9844919-0-2. Readers will find that it provides significant contributions to the fields of Business Valuation and Financial Economics. Although some in business valuation have not endorsed this book, appraisers who have (actually) read the book are discussing its important contributions. Even though the author is not an accredited appraiser, the book's contributions are being acknowledged based on their merits. It is becoming recognized as an important resource for practicing appraisers. Although this is a business valuation text, the foundation for the discount for lack of a market (or marketability)--i.e., the DLOM--is Finance's Traditional CAPM. Therefore, the author is ultimately led to ask, and answer, important questions of the CAPM. Its most important contribution for academics in Economics and Finance may be its extension of the Traditional CAPM in Chapters 14, 15 and 16.
on-line bookstores (e.g., see Link 1, Link 2). List Price is US$90.00, but expect to pay about $60.00 on-line (with free shipping). Third printing is now available. -------------------------------------------------------- Cover photos: Copyright 2007 Peter C. Dawson. It is not about the girl. It is about the footprints she creates in the sand. Similarly, this book is not about the author; it is about its content. Will the establishment in Business Valuation and Financial Economics wash away its contributions, like ocean waves over the sand? Will its contributions endure man’s natural inclination to uphold the status quo? -------------------------------------------------------- [updated April 22, 2012] |
