Michael S. Long

Valuing the Closely Held Firm

A closely held firm is not a smaller version of a large public firm, anymore than a child is a miniature adult. Recognizing that value comes from the ability to generate future cash flows, this book emphasizes the differences between the large and small firms when presenting the concepts to value the closely held firm. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/0195301463/toc.html