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Completion and Further Issues

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Sustainability Valuation of Business

Part of the book series: SpringerBriefs in Finance ((BRIEFSFINANCE))

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Abstract

This chapter completes the valuation, which follows a straightforward calculation of the discounted present value of the future sustainability cashflows. It further discusses challenges and limitations, particularly regarding the feasibility of institutional support and the extended scope of work of a valuer. It emphasizes the need for valuing small and independent businesses. It should be noted that the actual implementation will require a certain degree of empirical adaption, while sustainability valuation would serve as a basis for valuation for virtually all businesses.

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Notes

  1. 1.

    Managers, employees, consumers, and the public sectors.

  2. 2.

    It is possible to enhance this mechanism through sustainability channels.

  3. 3.

    Examples include the “bail à céder”(in france) and “gwon-li-gum,” in Korea.

Further Readings

  • Dukes, J. (2001). Where do we stand on closely-held firm valuation. Journal of Entrepreneurial Finance., 6(1), 129–155.

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  • Liesen, A., Figge, F., & Hahn, T. (2013). Net present sustainable value: A new approach to sustainable investment appraisal. Strategic Change: Briefings in Entrepreneurial Finance, 22(3–4), 175–189.

    Article  Google Scholar 

  • Lloret, A. (2016). Modelling corporate sustainability strategy. Journal of Business Research, 69(2), 418–425.

    Article  Google Scholar 

  • Minna, Y., & Roland, Z. (2015). Sustainability and firm valuation: An international investigation. International Journal of Accounting and Information Management, 23(3), 289–307.

    Article  Google Scholar 

  • Morgan, J. (2017). Piketty and the Growth dilemma revisited in the context of ecological economics. Ecological Economics, 136, 169–177.

    Article  Google Scholar 

  • Weston, J., Chung, K., & Juan, S. (1998). Takeovers, restructuring and corporate finance. London: Prentice Hall.

    Google Scholar 

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Correspondence to Yonghyup Oh .

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© 2019 The Author(s), under exclusive license to Springer Nature Switzerland AG

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Oh, Y. (2019). Completion and Further Issues. In: Sustainability Valuation of Business. SpringerBriefs in Finance. Springer, Cham. https://doi.org/10.1007/978-3-030-18648-7_5

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