Valuation Measuring and Managing the Value of Companies 5th by McKinsey & Company Inc.

Valuation Measuring and Managing the Value of Companies 5th by McKinsey & Company Inc.By: McKinsey & Company Inc., Tim Koller, Marc Goedhart, David Wessels Publisher: John Wiley & Sons P&T Print ISBN: 9780470424650, 0470424656 other ISBN: 9780470889930, 0470889934 Edition: 5th Copyright year: 2010At the crossroads of corporate strategy and finance lies valuation. And in Today’s economywhether you?re a seasoned manager or a budding business professionalit?s essential to excel at measuring, managing, and maximizing shareholder and company value. Valuation, hailed by financial professionals worldwide as the single best guide of its kind, will show you how to do just that and much more. Thoroughly revised and expanded to reflect business conditions in Today’s volatile global economy, Valuation, Fifth Edition continues the tradition of its bestselling predecessors by providing up-to-date insights and practical advice on how to create, manage, and measure the value of an organization. Along with all new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect the events of the real estate bubble and its effect on stock markets, new developments in corporate finance, changes in accounting rules, and an enhanced global perspective. Valuation, Ffith Edition is filled with expert guidance that managers at all levels, investors, and students have come to trust. It contains a solid framework for valuation: analyzing historical performance, including reorganizing a company?s financial statements to reflect economic rather than accounting performance; forecasting performance, with emphasis on not just the mechanics of forecasting but also how to think about a company?s future economics; estimating the cost of capital with practical tips that aren?t found in textbooks; interpreting the results of a valuation in light of a company?s competitive situation; and linking a company?s valuation multiples to the core drivers of its performance. Valuation, Fifth Edition remains true to its roots with an extensive discussion on the complexity of measuring corporate performance to assess historical financial results properly and to gain insight into a company?s ability to create value in the future (its corporate ?health?). New chapters are dedicated to finding the real engines behind value cration, wheteher it be key management decisions or mergers and acquistions. The authors have also written a new chapter on corporate finance fundamentals that they feel are missing from everyday business decisions. Additional ISBNs 9780470889961, 9780470889954, 9786612708077, 9786612708084, 9780470889923, 9780470889930, 0470889969, 0470889950, 6612708077, 6612708085, 0470889926, 0470889934