Koller / Dobbs / Huyett Value

The Four Cornerstones of Corporate Finance
1. Auflage 2010
ISBN: 978-0-470-94906-1
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 272 Seiten, E-Book

An accessible guide to the essential issues of corporatefinance
While you can find numerous books focused on the topic ofcorporate finance, few offer the type of information managers needto help them make important decisions day in and day out.
Value explores the core of corporate finance withoutgetting bogged down in numbers and is intended to give managers anaccessible guide to both the foundations and applications ofcorporate finance. Filled with in-depth insights from experts atMcKinsey & Company, this reliable resource takes a much morequalitative approach to what the authors consider a lost art.
* Discusses the four foundational principles of corporatefinance
* Effectively applies the theory of value creation to oureconomy
* Examines ways to maintain and grow value through mergers,acquisitions, and portfolio management
* Addresses how to ensure your company has the right governance,performance measurement, and internal discussions to encouragevalue-creating decisions
A perfect companion to the Fifth Edition ofValuation, this book will put the various issues associatedwith corporate finance in perspective.

Autoren/Hrsg.

Koller, Tim

Dobbs, Richard

Huyett, Bill

Inhaltsverzeichnis

About the Authors.
Preface.
Acknowledgments.
Part One The Four Cornerstones.
1 WhyValueValue?
2 The Core of Value.
3 The Conservation of Value.
4 The Expectations Treadmill.
5 The Best Owner.
Part Two The Stock Market.
6 Who Is the Stock Market?
7 The Stock Market and the Real Economy.
8 Stock Market Bubbles.
9 Earnings Management.
Part Three Managing Value Creation.
10 Return on Capital.
11 Growth.
12 The Business Portfolio.
13 Mergers and Acquisitions.
14 Risk.
15 Capital Structure.
16 Investor Communications.
17 Managing for Value.
Appendix A The Math of Value.
Appendix B The Use of Earnings Multiples.
Index.

Über Autor(innen)

McKINSEY & COMPANY is a global management consultingfirm that helps leading private, public, and social-sectororganizations make distinctive, lasting, and substantialperformance improvements. With consultants deployed from more thanninety offices in over fifty countries, McKinsey advises companieson strategic, operational, organizational, financial, andtechnological issues.
TIM KOLLER leads the firm's research activities invaluation and capital market issues. He advises clients globally oncorporate strategy, capital markets, M&A, and value-basedmanagement. Tim is a coauthor of Valuation: Measuring andManaging the Value of Companies.
RICHARD DOBBS is a director of the McKinsey GlobalInstitute, the firm's business and economics research arm. Headvises Korean and other Asian companies and governments onstrategy, economics, and M&A issues. Richard is an associatefellow of University of Oxford's Saïd Business School.
BILL HUYETT advises clients in healthcare and othertechnology-intensive industries on corporate strategy, M&A,product development and commercialization, and corporateleadership. Bill is active on several not-for-profit boards inbasic life sciences research.