Practice/Organization Description
Ashok Abbott is a tenured associate professor of finance at West Virginia University in Morgantown, West Virginia.
Ashok received his M.B.A. (Finance) at Virginia Polytechnic Institute and State University (VPI&SU), Blacksburg, VA, in 1984, followed by a Ph.D. in finance, also at VPI&SU, in 1987. His Ph.D. dissertation title was "The valuation effects of tax legislation in corporate sell-offs".
He has over 20 years of experience in the valuation of businesses . He has served as an expert witness in business valuation for 10 years. He has published extensively in scholarly research journals and made presentations at the national and international conferences. Core area for his research and analysis is corporate valuation in mergers and acquisitions, with emphasis on discounts for lack of liquidity and marketability.
Ashok provides analytical and research support to members of valuation community. His recent assignments include working with S&P, Duff & Phelps, and Willamette Management Associates.
Representative Assignments
Event study for identifying impact of death of a CEO on market value of a publicly traded software company.- Estate settlement
Event study to identify market over-reaction to merger of gas and electric utility companies- resulted in a major capital gains tax savings to selling stock holders.
Seasonality analysis to identify excessive pre-season discounting generating post-contract pre-takeover soft drink container sales in Latin America- favorable settlement in lost revenues dispute
Probability of IPO success and post-IPO performance evaluation for a valuation dispute.- favorable settlement
Analysis of active and passive components of appreciation in value of a closely held software company during marriage – resulting in a substantial beneficial settlement.
Discounts for lack of liquidity for blocks of stock in estate and gift tax matters- large family holdings of publicly traded firms. -favorable settlement
Professional Associations & Memberships
Rotary, bvdg.org, Business Valuation Resources, American Society of Appraisers, Institute of Business Appraisers, Financial Management Association, Eastern Finance Association
