The valuation of firms

This pathbreaking book demonstrates that not only is the value of the firm a fundamentally important economic concept but that the way in which it is presently calculated is in many cases simplistic and misleading. Luigi Guatri has developed the new and powerful concept of Economic Equity which ties together the theoretical and practical considerations involved in valuing a complex entity like the firm.

For students, researchers and practitioners in industrial economics, finance and banking, the book provides the most effective method for creating a standard for evaluating firms in different sectors and national economies.