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2009 | 46 | 1 | 243-253
Article title

Valuation Methods of Sports Companies

Content
Title variants
Languages of publication
EN
Abstracts
EN
The valuation of sports companies is indispensable during commercial buy and sell transactions, restructuring processes, determining premiums for the purposes of property insurance.For the valuation of sports companies four approaches are possible i.e. assets-based, income-based, market-based and mixed-valuation approaches. For each approach there are specific company valuation methods. Using real-life examples, this paper discusses the following sports companies' valuation methods: book value, adjusted book value, replacement, liquidation, capitalized profit, discounted cash flow, comparative worth, market multiples and German valuation method. The mixed approach using the German method is applied when the output prices from conventional company valuation methods vary too much, and differences in values exceed 25%.From the management accounting perspective the skilful application of valuation methods to sports companies should be regarded as one of the prerequisites for effective management of sports companies.
Publisher

Year
Volume
46
Issue
1
Pages
243-253
Physical description
Dates
published
1 - 12 - 2009
online
31 - 12 - 2009
Contributors
  • Warsaw School of Economics, Poland
  • Josef Pilsudski University of Physical Education in Warsaw, Poland
References
  • Herman, A., Szablewski, A. (Ed.) (1999). Company Value Management. Warsaw: Poltext Publishing House.
  • Jaki, A. (2004). Company Valuation. Premises, Procedures, Methods. Crocow: "Oficyna Ekonomiczna" Publishers.
  • Malinowska, U. (2001). Company Valuation Methods in Polish Realities. Warsaw: DIFIN Publishers.
  • Nita, B. (2007). Valuation and Company Value Management Methods. Warsaw: PWE Publishers.
  • Szczepkowski, P. J. (2001). Learning the Value of Own Business. Warsaw: JPiS Publishers.
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.-psjd-doi-10_2478_v10141-009-0021-1
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