Detail výsledku
Sensitivity of business valuation to changes in valuation parameters
Putnová Anna, doc. RNDr., Ph.D., MBA, LPTP (FSI), ÚM (FP)
Videcká Zdeňka, Ing., Ph.D., ÚM (FP)
Value-Based Management is a management concept that helps in leading a company towards a more efficient use of all available resources and increase in the company value. The first prerequisite for introducing this concept in the company management is the definition of the company value as a quantifiable category. The authors' research indicates that the resulting value of the company is sensitive to changes in the parameters that were used to determine the value of the company. The submitted paper discusses the approach to defining the company value and presents the results of a sensitivity analysis of the resulting valuation to changes in the valuation parameters, i.e. the value drivers.
value of firm, discounted free cash flow, value drivers, sensitivity
@inproceedings{BUT101305,
author="Mária {Režňáková} and Anna {Putnová} and Zdeňka {Videcká}",
title="Sensitivity of business valuation to changes in valuation parameters",
booktitle="Proceedings of the 8th International Conference on New Horizons in Industry, Business and Education",
year="2013",
pages="309--314",
address="Crete",
isbn="978-960-99889-6-4"
}