Entrepreneurship Chapter 10
90% of all the businesses in Canada and the U.S. are family owned.
Are reported to be 1/3 of the fortune 500 list of large firms
Family Business: Defined as a business in which 51% of the business is owned by a
Entrepreneurship Chapter 9
International Market Entry
See table 3.1 pg 424 for overview on different market entry strategies.
Elements to consider
To select the best strategy, companies must consider the markets they have selected, the
products or service
Entrepreneurship Chapter 8
Intrapreneurship: Development of entrepreneurship within a corporate context.
Term intrapreneur created to describe those who acted like entrepreneurs within
Interest for this has risen bec
Entrepreneurship Chapter 7
Intellectual property: The core ideas about the entrepreneurs new product or service.
Important for entrepreneurs to protect this because most of the time, the only advantage
they have over large existing
EXAM EXERCISES TOPICS 1 & 2
1. A given firm all equity financed announces an issue of shares of 25% via subscription
rights. The issue is with a 20% discount on the price of the shares. If the value of a
subscription right is equal to 1.2, find the share
EXERCISES TOPIC 3 AND 4
1. From the Gordon-Shapiro formula, calculate the risk premium for shares of a
company of which you know the following data: shares are traded at 12 euros, the
last year dividend has been 1.2, its average ROE over the past 5 years
Chapter 3: Valuing Firms
In finance, everything is about the
future return, risk and value
BREALEY, R.A. y MYERS, S.C. (2003): Principles of Corporate Finance". 7th Ed.
A. DAMODARAN (2001): Corporate Finance. Theory and Practice. John Wiley a
Vault Guide to Finance Interviews
How Much is it Worth?
Imagine yourself as the CEO of a publicly traded company that makes
widgets. Youve had a highly successful business so far and want to sell the
company to an