关于LOS79。t discount, valuation, corporate, necessary, represents

xuehao01

这段中间这些话我就是读不明白，请胡老师指点一二。

another factor to be considered is whether the block of shares being valued represents a controlling interest in the company. A discount for mnority interest may be necessary for valuing a position that lacks the ability to influence corporate decision making if the benchmark value is for a controlling interest in a private company. Likewise, a premium would be appropriate for the valuation of a controlling ownership position if the benchmark value is for publicy traded shares, which represent a minority interest.

The application of .........

这2段话完全没明天在说些什么，望高手和胡老师指点密经。

胡老师

我就解释你贴上的一段话。、

block of shares 大宗股份
controlling interest  控股权益，控股股份
mnority interest  少数股份权益
 position 头寸
benchmark value 基准价值，评估的一个比较标准
上述这段化的中心意思是，对于少数股份权益，估价的时候有折价，而对于上市公式的控股股份来说，如果以公共交易的股票作为评估基准的话，应该有个控股溢价，因为交易的股份是少数股份。