Schmid, Mariana.,

Redefining shareholder value : demystifying the valuation myth / Mariana Schmid and Milan Frankl. - First edition. - New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2015. - 1 online resource (122 pages) - Finance and financial management collection, .



1. Shareholder value, a review of best valuation methods -- 2. Prevalence of themes in the M&A literature -- 3. Case study, Turquoise Hill resources, previously known as Ivanhoe Mines -- 4. Conclusions and recommendations -- References -- Bibliography -- Index.

Measuring shareholder value has become crucial in the current economic environment, especially following the consistent pressure from institutional shareholders on companies to create shareholder value in an adverse economic environment. Maximizing the company's value will make the company less appealing to hostile takeovers. Takeovers are a capital market mechanism designed to control the conflicts of interest between shareholders and managers of the company. In this study, we will examine the best methods used in measuring shareholder value and, furthermore, explore the process of shareholder value creation in the years prior and following the creeping takeover of Ivanhoe Mines by Rio Tinto Plc. We have based our study on data and ratio analytics from ThomsonONE (Reuters), information that is publicly available through press releases, analyst coverage, and financial news. Our study includes an in-depth analysis of the creeping takeover of Ivanhoe Mines by Rio Tinto Plc. Ivanhoe Mines' discovery of Oyu Tolgoi Project will leave a most impressive legacy to the Mongolian people. Ever since the discovery of Oyu Tolgoi, the city of Ulan Bator has been growing and Mongolia has posted increasing annual gross domestic product with a growth rate of 11.50 percent for the year 2013 alone.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781631571671


Aĭvenkhou Maĭnz Mongolia, Ink.
Rio Tinto PLC.


Stockholder wealth.

added shareholder value cost of equity created shareholder value equity market value Ivanhoe Mines optimal capital structure Oyu Tolgoi required return Rio Tinto Plc shareholder return valuation using multiples

HG4028 / .R434 2015