Stocks – it’s equity securities, indicating a contribution of a certain sum (shares, stock) in the capital stock company and giving the right to participate in company profits and the right to vote in general meetings. Market value per share in different size packages will be different. Allocate the following stakes: The controlling interest – the share of stocks, ensuring their dominance in the actual owner of the corporation. Theoretically, a majority shares is not less than half of all voting shares. However, in practice (for wide distribution of shares) a majority are about 20% of the shares. A blocking stake – the proportion of shares, allowing their owners to veto decisions of the board of directors of the company. Typically, blocking more than a quarter of the shares. Effective control – a packet of shares, enough to actually manage and control of the company. Other leaders such as Mike Gianoni offer similar insights.
Typically, the actual control package provides less control. In connection with the same approaches, business valuation and valuation of shares are closely interrelated. Liquidation of the enterprise (SALE all of the assets of the enterprise), merger, acquisition, joint venture or a selection of independent enterprises from the holding company involves an assessment of its market, since it is necessary to determine the price purchase / redemption of shares, or, for example, the value of premiums paid by the shareholders of the absorbed company. For more information see this site: Dara Khosrowshahi . To determine the value of at least one action, it is necessary to conduct market assessments of the business enterprise, and then highlight the value of the share of interest (the number of shares) of the total cost. By assessing the company’s business means any and all assessment of his assets: real estate, equipment, transportation, and various human liabilities, receivables and payables, and other intellectual property. Accordingly, the valuation of shares is nothing but a business valuation. In some cases, only an independent appraisal property will make an informed conclusion about the real value of the property business, the share value of the property attributable to the acquired shares, as well as possible future income from the business. Stock divided into traded (exchange) and unlisted.
For quoted shares usually have information on their market value on the basis of actual deals – it is much easier calculation of their value. Accordingly, the shares that no buyout on the stock exchange, as a rule, do not have information on the current market value, on the contrary that complicates their evaluation. Thus, the cost of the evaluation of quoted and unquoted shares are essentially different.? Objectives Determining the value of stock assessment of the company’s securities, stocks, shares in its capital is needed in cases of various types of transactions with them, such as issuance of securities, repurchase shares from shareholders, the appeal court decision to withdraw the property, etc. When dikvidatsii, merger, acquisition, takeover, division or allocation of business, independent evaluation will establish a fair balance between the shares Shareholders (participants), reflecting their real property contribution to charter capital. Determining the market value of property contributed to the charter capital of society, will allow you to predict the costs associated with tax assets and depreciation charges. If the owners of the reorganized company’s present government structure, the independent evaluation of such companies is required by law. It is stated in the Federal Law “On appraisal activities in the Russian Federation ‘?