Key value drivers throughout business life cycle

Andriy Saller

Master's thesis

Anotácia:

This research master’s thesis adapts the concept of business life cycle as the basis for valuation ofany company. Main characteristics, valuation approaches and methods for start-up, high-growth,mature and declining companies are discussed in order identify key drivers determining the firmvalue. Case study valuations are conducted for Qover, Netflix, Microsoft, and General Electric toprovide empirical evidence for the impact of key value drivers at each stage of business life cycle.

Abstract:

This research master’s thesis adapts the concept of business life cycle as the basis for valuation ofany company. Main characteristics, valuation approaches and methods for start-up, high-growth,mature and declining companies are discussed in order identify key drivers determining the firmvalue. Case study valuations are conducted for Qover, Netflix, Microsoft, and General Electric toprovide empirical evidence for the impact of key value drivers at each stage of business life cycle.

Kľúčové slová

Key Value Cycle, Valuation, Business life cycle

Keywords

Business life cycle, Key value drivers, Valuation

Jazyk práce: English

Datum vytvoření / odevzdání či podání práce: 2. 9. 2018

Obhajoba závěrečné práce

• Obhajoba proběhla 10. 9. 2019
• Vedúci: Marcela Zárybnická Žárová

Vysoká škola ekonomická v Praze

Master programme:
Finance and Accounting