The Next Valuation Challenge: Unlocking Companies' Valuation Framework
Paris, France and Geneva, Switzerland
1 September 2010
Hosted By: NERA Economic Consulting
Valuation exercises are at the heart of any company's decision-making process. These exercises serve as the main quantitative tools to support decisions within a company being used in a wide range of contexts, including strategy, management, accounting, tax, and legal. The expression the "next valuation challenge" refers to the urgent necessity for companies to connect the dots between valuation exercises that they carry out in those different contexts.
In this presentation, NERA Associate Director Jean-Sébastien Lénik highlights the importance of a sound and consistent company valuation framework in managing for value creation. Mr. Lénik underlines the central role of "intercompany pricing" (the economic and financial discipline that looks at the determination of prices of transactions between entities of the same group) in all companies' valuation exercises.
After providing an overview on the framework of this challenge, Mr. Lénik uses real-life examples in various industries to illustrate how valuation exercises, conducted in isolation of each other, have led to significant exposures and/or missed opportunities for companies. Mr. Lénik's presentation can be viewed below.
An extended version of this presentation was delivered during a webinar hosted by the National Association of Certified Valuation Analysts (NACVA) and the Institute of Business Appraisers on 22 October 2010.
To contact us about this event, please click here.
