The Role Of Due Diligence In The Business Valuation Process

The due diligence process enables investors to do a better job of determining the appropriate price to pay for a privately held firm.  This article delineates some factors that a prospective buyer should investigate thoroughly to determine the value of a small, privately held business under consideration for purchase.

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Maximizing The Value Of Your Small Business

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v4i10.2703 ◽

2011 ◽

Vol 4 (10) ◽

Author(s):

Terry Mullins ◽

Michael Adam ◽

Barry Thornton

Keyword(s):

Small Business ◽

Market Value ◽

Business Owners ◽

Due Diligence ◽

Font Size ◽

Valuation Process ◽

Fair Market ◽

Fair Market Value

This paper offers business owners a step-by-step valuation process for establishing the fair market value of their firms and stresses the importance of preparing for the due diligence process.

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Asset and Business Valuation in Estate Tax Cases: The Role of the Courts

Journal of the American Taxation Association ◽

10.2308/1558-8017-35.2.142 ◽

2013 ◽

Vol 35 (2) ◽

pp. 142-142

Author(s):

Mark Jackson ◽

Sonja Pippin ◽

Jeffery A. Wong

Keyword(s):

Estate Tax ◽

Business Valuation

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The UN Guiding Principles on Business and Human Rights: Implications for Corporate Social Responsibility Research

Business and Human Rights Journal ◽

10.1017/bhj.2021.2 ◽

2021 ◽

pp. 1-14

Author(s):

Andreas RASCHE ◽

Sandra WADDOCK

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Due Diligence ◽

Un Global Compact ◽

Business And Human Rights ◽

Institutional Infrastructure ◽

Guiding Principles ◽

Key Aspects ◽

Corporate Social

Abstract This article presents a review of the literature on the United Nations Guiding Principles (UNGPs) for the purpose of situating the UNGPs in the voluntary corporate social responsibility (CSR) infrastructure. We identify four key themes that underlie the debate: (1) a critical assessment of the UNGPs, (2) their application to different sectors, (3) a discussion of how to embed key aspects of the UNGPs into national and regional contexts, and (4) reflections on the role of due diligence. We discuss these themes and outline some practical and theoretical take-away messages. Our review highlights some similarities and differences to the discussion of voluntary initiatives in the field of CSR, especially the UN Global Compact. Our discussion helps to understand how the UNGPs are situated in the voluntary institutional infrastructure for CSR. Finally, we show how the theoretical and practical discourse on the UNGPs can be further advanced.

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Potential for optimising organisational structures in the technical due diligence for real estate transactions in Germany

Property Management ◽

10.1108/pm-04-2021-0027 ◽

2021 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Yannis Steffen Oetken ◽

Christian Hofstadler ◽

Felix Meckmann

Keyword(s):

Real Estate ◽

Transaction Management ◽

Due Diligence ◽

Content Type ◽

The Real ◽

The Real Estate ◽

Theoretical Approaches ◽

Transaction Process ◽

Organisational Structures

PurposeThe individual levels involved in real estate management are thoroughly discussed in the literature. This paper provides a structured meta-analysis of the different theoretical approaches in German-speaking countries. It also investigates the integration of transaction management and technical due diligence into the concepts of organisation theory. In this process, the interfaces are analysed and optimised models are developed for transferring the technical due diligence findings to the operational level.Design/methodology/approachInterviews with transaction management experts were conducted based on a narrative literature review. These interviews shed light on how the components of transaction management and due diligence are integrated into the transaction process, with a particular focus on technical due diligence. They also provide insights into how the related results are taken into account in relation to the transaction, and how they are transferred into the operational phase.FindingsIt becomes apparent that the role of transaction management is not clearly defined and delimited in the structural model of the real estate industry. Technical due diligence findings are usually transferred to the operation of the property via several, manual interfaces with corresponding losses of knowledge. The related models derived and developed for the purpose of operational optimisation define the role of transaction management against a technical background and identify the interfaces to be considered.Practical implicationsThe significance of transaction management for subsequent operations is discussed and elaborated on. More specifically, transferring safety-relevant, high-priority findings from the technical due diligence exercise plays a crucial role for the modelling stage. On the implementation level, the derived models serve as a basis for customising the internal organisational structure.Originality/valueIn Germany, there has hardly been any research into the involvement of technical experts in the real estate transaction process to date. This paper provides initial approaches to optimising organisational structures and sustainably integrating technical due diligence findings into real estate operations.

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I, Librarian

Information Technology and Libraries ◽

10.6017/ital.v24i3.3373 ◽

2005 ◽

Vol 24 (3) ◽

pp. 123 ◽

Cited By ~ 2

Author(s):

Hilda Kruger

Keyword(s):

Technological Change ◽

Information Society ◽

Technological Changes ◽

Font Size ◽

The Future ◽

Future Society ◽

Information Professionals ◽

To Come ◽

The Way

The fast and continuous technological change that is characteristic of the information society we find ourselves in has demonstrable impact on the way librarians go about their business. This paper offers a scenario of technological changes already in the pipeline and yet to come, and how those changes will impact the role of librarians in the future. One of the main concerns of this paper is the continued relevance of information professionals as infomediaries in our future society.<div> </div>

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Due diligence: Recognizing the role of patent research in the start-up life cycle

Journal of Business & Finance Librarianship ◽

10.1080/08963568.2017.1372014 ◽

2017 ◽

Vol 22 (3-4) ◽

pp. 222-230 ◽

Cited By ~ 1

Author(s):

Carmen Cole ◽

Lori Lysiak

Keyword(s):

Life Cycle ◽

Due Diligence ◽

Start Up

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Teaching the Basics of Negotiation in One Class

Management Teaching Review ◽

10.1177/2379298118758700 ◽

2018 ◽

Vol 4 (2) ◽

pp. 95-118

Author(s):

Edward Wertheim ◽

Leonard Glick ◽

Barbara Zepp Larson

Keyword(s):

Board Member ◽

Executive Education ◽

Decision Points ◽

Prospective Buyer ◽

Whole Class

This interactive negotiation exercise was primarily developed for situations where only one or two sessions could be devoted to teaching negotiations. The exercise, which is conducted by the instructor with the whole class, involves a two-party negotiation that puts the students in the role of a board member for a nonprofit camp, negotiating with a prospective buyer whose positions are presented sequentially by the instructor. There are multiple decision points during the exercise, each of which requires students to recommend specific tactics or offer amounts. Students come out of the exercise with a greater understanding of the basics of negotiation including negotiation planning; when to make a first offer; how to determine goals, targets, and walkaways; ZOPA; reciprocity; anchoring; emotions; overcoming impasses; and distributive versus integrative negotiations. The exercise has been used in graduate, undergraduate, and executive education settings and is also well suited to a onetime presentation or a workshop.

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Australian English: Its Evolution and Current State

International Journal of Language Translation and Intercultural Communication ◽

10.12681/ijltic.11 ◽

2012 ◽

Vol 1 ◽

pp. 75 ◽

Cited By ~ 2

Author(s):

Peter Collins

Keyword(s):

Social Role ◽

Middle Eastern ◽

Structural Features ◽

External Pressure ◽

National Standard ◽

Font Size ◽

Current State ◽

The Social ◽

Australian English

This paper provides a critical overview of research on Australian English (‘AusE’), and of the vexing questions that the research has grappled with. These include: What is the historical explanation for the homogeneity of the Australian accent? Was it formed by the fi rst generation of native-born Australians in the ‘Sydney mixing bowl’, its spread subsequently facilitated by high population mobility? Or is the answer to be found in sociolinguistic reconstructions of the early colony suggesting that a uniform London English was transplanted to Australia in 1788 and that speakers of other dialects quickly adapted to it? How is Australia’s national identity embodied in its lexicon, and to what extent is it currently under the infl uence of external pressure from American English? What are the most distinctive structural features of AusE phonology, morphosyntax and discourse? To what extent do allegedly unique Australian features such as sentence-final but and yeah-no in discourse serve the social role of indexing ‘Australianness’? What is the nature and extent of variation – regional, social and ethnic – in contemporary AusE? Are such regional phonological differences as /æ/~/a/ variation increasing or diminishing? Does there exist a pan-ethnic variety of AusE that is particularly associated with younger Australians of second generation Middle Eastern and Mediterranean background? Has contemporary AusE consolidated its own norms as an independent national standard?

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Valuation And Market Timing In Private M&A Transactions

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v1i8.3032 ◽

2011 ◽

Vol 1 (8) ◽

Author(s):

Ted Azarmi ◽

Florian Eisele ◽

Christine Haecker

Keyword(s):

Market Timing ◽

Point Of View ◽

Font Size ◽

Private Companies ◽

Maximum Price ◽

Business Conditions ◽

Privately Held Firms ◽

Time Required ◽

The Right ◽

Privately Held

The objective of this case is to teach and initiate a classroom discussion about the optimal market timing for the sale of a mid-cap privately held firm.  The discussion is facilitated by a real world case example that focuses on the sale of a Little Rock, AK based plastic injection molding company with approximately $20 million in revenues. Theoretical and practical issues central to receiving maximum price in relation to selling at the right time are addressed.  Considered are the desired time to close the deal from the owner’s point of view, the time required for successful completion of the sale process, business conditions in this industry, firm-specific business conditions, and ability of agents to time this market.   This case also discusses various reasons for the sale of private companies and the effect of respective sale motives on the placement of these firms.  Principally, the retirement decision by the owners of small privately held firms as the most frequent reason for the sale of these companies is explored.

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La oposición leal y la práctica del aikido

Revista de Artes Marciales Asiáticas ◽

10.18002/rama.v2i2.302 ◽

2012 ◽

Vol 2 (2) ◽

pp. 64

Author(s):

Jonathan Miller-Lane

Keyword(s):

Martial Arts ◽

Font Size ◽

Multicultural Society ◽

Martial Art ◽

Creative Tension ◽

Unique Manner ◽

Democratic Life

<span style="mso-ascii-font-family: Calibri; mso-fareast-font-family: Calibri; mso-hansi-font-family: Calibri; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-bidi-font-weight: bold;" lang="EN-US">Discussions regarding martial arts often focus on the unique manner in which different styles respond to a set of common attacks. Indeed, it is in these unique responses that most martial arts distinguish themselves. However, this paper examines the role of the aggressor during training; specifically, in the martial art of Aikido and draws an analogy between the role of an aggressor during Aikido practice and the actions of a member of the loyal opposition in a democracy. A commitment to a set of rules that govern and protect the participants and a commitment to maintain a rich, creative tension mark both the vibrant interactions of an Aikido dojo and democratic life in a multicultural society.

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