Control Premium
An amount paid to gain enough ownership to set policies, direct operations, and make decisions for a business
http://www.answers.com/topic/control-premium?cat=biz-fin

تحديد قيمة السيطرة
http://www.hrp-kw.com/U_spics/pdfs/Inve Diploma1.pdf

والله أعلم

فرق السعر الذي يدفعه المساهم لامتلاك حق التدخل في سياسات وقرارات الشركة.

Control Premium
An amount paid to gain enough ownership to set policies, direct operations, and make decisions for a business
http://www.answers.com/topic/control-premium?cat=biz-fin

والله أعلم

كلما كان أصحاب الأسهم أ السندلت من ذوي الحصة الأعلي في الصول كلما كانو يتمتعون بحق التمييز والإدارة والسيطرة المالية الأعلي في توجه أستراتيجية الشركة

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Note added at 45 mins (2007-10-28 14:33:37 GMT)
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What is control premium? It is the premium that you pay to gain control of the company.

Take a simple case of a company having free cashflows of Rs 100 crore. Suppose this company declares a dividend of just Rs 10 crore.

There is nothing you and I can do to make the company increase its dividends, as we are just minority shareholders. If, instead, you hold, say, 40 per cent stake in the company, you can make the company pay its entire free cashflows as dividends. The control premium in this case is the price you to pay to capture the additional dividends.

Of course, you will have to share the dividends with minority shareholders. But you will receive a substantial share of the higher dividends by the virtue of your share holdings in the company.

There are other reasons for existence of control premium. If you control the company, you can run the business the way you want it. Theory has it that you will be willing to pay a higher price (a premium if you will) to enjoy this control.

How is control premium quantified? Among other methods, you can, for instance, estimate the excess earnings that the company is likely to generate as a result of you gaining control.

If such excess profits is estimated at Rs 50 crore, the maximum you will be willing to pay as control premium is Rs 50 crore.

Then, there is the minority discount. Suppose the company's stock is valued at Rs 50 per share, inclusive of the control premium. If the minority shareholder who does not enjoy such control values the stock at Rs 30 per share, we can say that the minority discount is 40 per cent.

http://www.blonnet.com/iw/2002/05/26/stories/200205260034100...

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Note added at 46 mins (2007-10-28 14:34:10 GMT)
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sory for typo
الأسهم او السندات

السيطرة هنا هي الحق في الإدارة

عند تقييم أصول شركة يتم إضافة علاوة على القيمة وفقا لمدى جدارة الإدارة المسيطرة على الشركة ومدى كفاءتها في إدارة وتنمية أصول الشركة، وهذه اصطلح على تسميتها باللغة العربية - على الأقل فيما اطلعت عليه من بعض تقارير تقييم الشركات - "علاوة الإدارة"، وهذا نفس السياق الذي ورد في السؤال

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Note added at 1 day16 hrs (2007-10-30 06:07:12 GMT)
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نسيت أن أضيف: فإذا تم طرح الشركة للتداول في البورصةة تصبح تلك العلاوة هي الأساس في ا حتساب علاوة الإصدار.

السعر المتوجب دفعه للسيطرة على الشركة