An accessible guide to the essential issues of corporate finance While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Value explores the core of corporate finance without getting bogged down in numbers and is intended to give managers an accessible guide to both the foundations and applications of corporate finance.
Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Valuation Wiley FinanceWiley #ad - There is no room for weak points, and excellence is mandatory. This workbook reviews all things valuation, with chapter-by-chapter summaries and comprehensive questions and answers that allow you to test your knowledge and skills. Valuation has become central to corporate financial strategy, and practitioners must be exceptional at every aspect of the role.
Master value creation, and other vital calculations test your understanding before putting it to work in the real world Designed specifically to reinforce the material presented in the book, this workbook provides independent learners with the opportunity to try their hand at critical valuation skills, and analyze results Estimate the cost of capital, M&A, forecast performance, and more Analyze historical information, continuing value, joint ventures, value metrics, and helps students master the material so they can enter the job market ready to perform.
A vital companion to the #1 best-selling guide to corporate valuation Valuation Workbook is the ideal companion to McKinsey's Valuation, helping you get a handle on difficult concepts and calculations before using them in the real world. This workbook helps you practice, review, and test yourself until you are absolutely solid in every concept, study, every technique, and every aspect of valuation as demanded in today's economy.
Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Valuation Wiley Finance #ad - . Useful both in the classroom and for self-study, this must-have guide is essential for reviewing and applying the renowned McKinsey & Company approach to valuation and reinforces the major topics discussed in detail in the book. For financial professionals and students seeking deep, comprehensive understanding, Valuation Workbook is an essential part of the McKinsey Valuation suite.
Fully updated to align with the sixth edition of Valuation, this workbook is an invaluable learning tool for students and professionals alike.
Valuation: Measuring and Managing the Value of Companies Wiley FinanceWiley #ad - This guide shows you everything you need to know, and gives you the understanding you need to be effective. Valuation stands ahead of the field for its reputation, and prestige, quality, putting the solutions you need right at your fingertips. In today's economy, it has become an essential role — and one that requires excellence at all points.
. Estimate the value of business strategies to drive better decision making understand which business units a corporate parent is best positioned to own Assess major transactions, including acquisitions, divestitures, and restructurings Design a capital structure that supports strategy and minimizes risk As the valuation function becomes ever more central to long- and short-term strategy, analysts and managers need an authoritative reference to turn to for answers to challenging situations.
Valuation: Measuring and Managing the Value of Companies Wiley Finance #ad - Valuation lies at the crossroads of corporate strategy and finance. This new sixth edition provides insights on the strategic advantages of value-based management, emerging markets, complete detailed instruction, and nuances managers should know about valuation and valuation techniques as applied to different industries, and other special situations.
Mckinsey & company's #1 best-selling guide to corporate valuation, managing, now in its sixth edition Valuation is the single best guide of its kind, helping financial professionals worldwide excel at measuring, and maximizing shareholder and company value.
Valuation: Measuring and Managing the Value of Companies, University Edition Wiley FinanceWiley #ad - New to the fully revised and updated sixth edition: new case studies that clearly illustrate how vital valuation techniques and principles are applied in real-world situations Expanded content on advanced valuation techniques New content on the strategic advantages of value-based management that reflect the economic events of the past decade For twenty-five years Valuation has remained true to its core principles and offers a step-by-step approach to valuation, including: Analyzing historical performance Forecasting performance Estimating the cost of capital with practical tips Interpreting the results of a valuation in light of a company's competitive situation Linking a company's valuation multiples to the core drivers of its performance The University Edition contains End-of-Chapter Review Questions, helping students master key concepts from each chapter.
Www. Wileyvaluation. Com. Wiley also offers an online Instructor's Manual with a full suite of learning resources for professors and students. Mckinsey's trusted guide to teaching corporate valuation, university edition, now in its 25th year valuation, sixth Edition, is filled with the expert guidance from McKinsey & Company that students and professors have come to rely on.
Expectations Investing: Reading Stock Prices for Better ReturnsHarvard Business Review Press #ad - And they add an important twist: they suggest that rather than forecasting cash flows, investors should begin by estimating the expectations embedded in a company's stock price. Investors who use expectations Investing will have a fundamentally new way to evaluate all stocks, setting them on the path to success.
Rappaport and mauboussin provide everything the reader needs to utilize the discounted cash flow model successfully. An investor who has a fix on the market's expectations can then assess the likelihood of expectations revisions. Managers will be able to use the book to devise, adjust, and communicate their company's strategy in light of shareholder expectations.
Expectations Investing: Reading Stock Prices for Better Returns #ad - . Expectations investing offers a unique and powerful alternative for identifying value-price gaps. To help investors anticipate such revisions, costs, Rappaport and Mauboussin introduce an "expectations infrastructure" framework for tracing the process of value creation from the basic economic forces that shape a company's performance to the resulting impact on sales, and investment.
Quality Investing: Owning the best companies for the long termHarriman House #ad - Perhaps through some combination of vision, or business philosophy, scale, these companies uncannily come out ahead. In our view, three characteristics indicate quality. These are strong, predictable cash generation; sustainably high returns on capital; and attractive growth opportunities. Think about those of your peers who seem a lot like you but somehow always catch a break.
Yet articulating a clear definition of quality is challenging. The best companies often appear to be characterized by an ineffable something, much like that of people who seem graced by a lucky gene. Chalk it up to fate or plain dumb luck. Businesses can be similar. The concept of quality is familiar. People make judgments about it every day.
Quality Investing: Owning the best companies for the long term #ad - They are not obviously smarter, smoother, or better-looking than you, yet they are admitted to their university of choice, richer, get their dream job, and earn considerable wealth. They may not appear to be savvier acquirers, or bolder pioneers, more adept marketers, launch products more successfully, yet they integrate new businesses better, and open new markets with fewer mishaps.
Try to discern what they have that you don't, and you are stumped. For reasons that are not always evident, some end up doing the right things with better results than average.
Strategy Beyond the Hockey Stick: People, Probabilities, and Big Moves to Beat the OddsWiley #ad - This movement does not happen by magic—it depends on your company’s current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy’s real odds of future success.
This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development. Frans van houten, ceo, Royal Philips N. V. The authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made.
Strategy Beyond the Hockey Stick: People, Probabilities, and Big Moves to Beat the Odds #ad - Inspiring new insights on the facts of what it takes to move a company’s performance, combined with practical advice on how to deal with real-life dynamics in management teams. Jane fraser, ceo, Citigroup Latin America. A different kind of book—I couldn’t put it down. Beat the odds with a bold strategy from mckinsey & company “every once in a while, uclamckinsey & company’s newest, most definitive, a genuinely fresh approach to business strategy appears” – legendary business professor Richard Rumelt, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies.
Strategy beyond the Hockey Stick is spearheading an empirical revolution in the field of strategy.
Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really MeanHarvard Business Review Press #ad - Readers agree, saying it’s exactly “what I need to know” and calling it a “must-read” for decision makers without expertise in finance. Since its release in 2006, financial intelligence has become a favorite among managers who need a guided tour through the numbers—helping them to understand not only what the numbers really mean, but also why they matter.
. This new, completely updated edition brings the numbers up to date and continues to teach the basics of finance to managers who need to use financial data to drive their business. Inc. Magazine calls it one of “the best, clearest guides to the numbers” on the market. It also addresses issues that have become even more important in recent years—including questions around the financial crisis and those around broader financial and accounting literacy.
Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really Mean #ad - Accessible, and filled with entertaining stories of real companies, jargon-free, Financial Intelligence gives nonfinancial managers the confidence to understand the nuance beyond the numbers—to help bring everyday work to a new level.
No Ordinary Disruption: The Four Global Forces Breaking All the TrendsPublicAffairs #ad - The cost of capital may rise. Our intuition on how the world works could well be wrong. Asset prices were rising, labour and resources were abundant, cost of capital was falling, and generation after generation was growing up more prosperous than their parents. But the Great Moderation has gone. Based on years of research by the directors of the mckinsey global institute, an aging world population, the accelerating impact of technology on the natural forces of market competition, No Ordinary Disruption: The Four Forces Breaking all the Trends is a timely and important analysis of how we need to reset our intuition as a result of four forces colliding and transforming the global economy: the rise of emerging markets, and accelerating flows of trade, capital and people.
Our intuitions formed during a uniquely benign period for the world economy—often termed the Great Moderation. The price of everything from grain to steel may become more volatile. The world's labor force could shrink. The data tell us it is different. Trend lines resemble saw-tooth mountain ridges. The world not only feels different.
No Ordinary Disruption: The Four Global Forces Breaking All the Trends #ad - Individuals, particularly those with low job skills, are at risk of growing up poorer than their parents. What sets no ordinary disruption apart is depth of analysis combined with lively writing informed by surprising, memorable insights that enable us to quickly grasp the disruptive forces at work.
The Granularity of Growth: How to Identify the Sources of Growth and Drive Enduring Company PerformanceWiley #ad - While growth is a top priority for companies of all sizes, it can be extremely difficult to create and maintain—especially in today’s competitive business environment. The granularity of growth will put you in a better position to succeed as it reveals why growth is so important, what enables certain companies to grow so spectacularly, and how to ensure that growth comes from multiple sources as you take both a broad and a granular view of your markets.
Stakeholder Theory: Concepts and Strategies Elements in Organization TheoryCambridge University Press #ad - Freeman, harrison and zyglidopoulos discuss the foundation concepts and implementation of stakeholder management as well as the advantages this approach provides to firms and their managers. The element concludes by discussing how managers can create stakeholder oriented control systems and by examining some of the important stakeholder-related issues that are worthy of future scholarly and managerial attention.
The stakeholder perspective is an alternative way of understanding how companies and people create value and trade with each other. They present a number of tools that managers can use to implement stakeholder thinking, better understand stakeholders and create value with and for them.