Environmental, social, and governance (“ESG”) investments have seen significant growth over the past two decades. Research has suggested that ESG status has important implications for equity valuations. In this article, we examine several studies that provide the building blocks for analysts who might consider incorporating ESG factors into an equity valuation.
The valuation of small businesses often requires the application of valuation methods that are somewhat distinct from those used to value large companies, although they adhere to the same valuation concepts. This article explores the distinctions between large and small businesses, various normalization adjustments that may be necessary, and the valuation approaches and methods commonly used to value small businesses.
In transferring assets from one enterprise to another, it may be important to distinguish between personal goodwill and entity goodwill for tax reasons. This article notes how closely-held-business owners can realize significant tax savings if they can allocate portions of the total transferred enterprise value between company-owned entity goodwill and individual shareholder or employee-owned personal goodwill.
Insights was Willamette’s noted APEX Award of Excellence winning publication from 2010 through Winter 2023 for the scholarly examination of the contemporary and complex issues in the areas of business valuation, forensic analysis, and financial advisory services. Each Insights issue focuses on a specific topic or theme, such as discussions related to transactions, taxation, financing, bankruptcy, litigation, and strategic planning. Below are links to articles from recent issues, and links to older issues.
Editor for this issue: Robert F. Reilly, CPA
Editor for this issue: Weston C. Kirk
Editor for this issue: Samuel S. Nicholls
Editors for This Issue: Connor J. Thurman and John C. Ramirez