Preface

Chapter 1. Introduction
1. Statement of Problem of the Study
1) Statement of Problem
2) Purpose of the Study
2. Method and Structure of the Study
1) Method of the Study
2) Structure of the Study

Chapter 2. Theoretical Background of Business Value
1. Concept of Business Value
1) Meaning and of Business Value
2) Classification of Business Value Access Method
2. Evaluation Model of Business Value
1) Traditional Valuation Model
3. Previous Studies
1) Foreign Studies
2) Domestic studies
3) Preceding studies of domestic hotel companies

Chapter 3. Study design and model
1. Data collection and analysis method
1) Data collection
2) Analysis method
2. Study design
1) Study method
2) Subject of study
3. Research Models
1) Business Valuation Models using Discounted Cash Flow Models
2) Business valuation model using the Hamada Model

Chapter 4. Analysis result and interpretation
1. Result of positive analysis
1) Value evaluation of DCF model applied business place
2) Income statement comparison of sample hotels' business places
3) DCF of sample hotel and comparison, evaluationof estimated income statements(A, B Hotel)

Chapter 5. Conclusion and Suggestions

References
Appendix