Redefining shareholder value : demystifying the valuation myth / Mariana Schmid and Milan Frankl. [electronic resource]

By:

Schmid, Mariana [author.]

Contributor(s):

Frankl, Milan [author.]

Material type: Text

TextSeries: Finance and financial management collectionPublisher: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2015Edition: First editionDescription: 1 online resource (122 pages)ISBN:

9781631571671

Subject(s):

Genre/Form:

Electronic books.

Additional physical formats: Print version:: No titleDDC classification:

658.15 23

LOC classification:

HG4028.V3 S357 2015

Online resources:

Click to View

Contents:

1. Shareholder value, a review of best valuation methods -- 2. Prevalence of themes in the M&A literature -- 3. Case study, Turquoise Hill resources, previously known as Ivanhoe Mines -- 4. Conclusions and recommendations -- References -- Bibliography -- Index.

Abstract: Measuring shareholder value has become crucial in the current economic environment, especially following the consistent pressure from institutional shareholders on companies to create shareholder value in an adverse economic environment. Maximizing the company's value will make the company less appealing to hostile takeovers. Takeovers are a capital market mechanism designed to control the conflicts of interest between shareholders and managers of the company. In this study, we will examine the best methods used in measuring shareholder value and, furthermore, explore the process of shareholder value creation in the years prior and following the creeping takeover of Ivanhoe Mines by Rio Tinto Plc. We have based our study on data and ratio analytics from ThomsonONE (Reuters), information that is publicly available through press releases, analyst coverage, and financial news. Our study includes an in-depth analysis of the creeping takeover of Ivanhoe Mines by Rio Tinto Plc. Ivanhoe Mines' discovery of Oyu Tolgoi Project will leave a most impressive legacy to the Mongolian people. Ever since the discovery of Oyu Tolgoi, the city of Ulan Bator has been growing and Mongolia has posted increasing annual gross domestic product with a growth rate of 11.50 percent for the year 2013 alone.

Holdings ( 1 )
Title notes ( 6 )

Holdings
Item type	Current library	Call number	Status	Date due	Barcode
Ebook	TUS: Midlands, Main Library Athlone Online	eBook (Browse shelf(Opens below))	Available

Includes bibliographical references (pages 108-118) and index.

Access restricted to authorized users and institutions.

Measuring shareholder value has become crucial in the current economic environment, especially following the consistent pressure from institutional shareholders on companies to create shareholder value in an adverse economic environment. Maximizing the company's value will make the company less appealing to hostile takeovers. Takeovers are a capital market mechanism designed to control the conflicts of interest between shareholders and managers of the company. In this study, we will examine the best methods used in measuring shareholder value and, furthermore, explore the process of shareholder value creation in the years prior and following the creeping takeover of Ivanhoe Mines by Rio Tinto Plc. We have based our study on data and ratio analytics from ThomsonONE (Reuters), information that is publicly available through press releases, analyst coverage, and financial news. Our study includes an in-depth analysis of the creeping takeover of Ivanhoe Mines by Rio Tinto Plc. Ivanhoe Mines' discovery of Oyu Tolgoi Project will leave a most impressive legacy to the Mongolian people. Ever since the discovery of Oyu Tolgoi, the city of Ulan Bator has been growing and Mongolia has posted increasing annual gross domestic product with a growth rate of 11.50 percent for the year 2013 alone.

Title from PDF title page (viewed on August 6, 2015).

Electronic reproduction. Ann Arbor, MI : ProQuest, 2016. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries.