The Quest for Value: A Guide for Senior Mangers - Hardcover

"Bennett Stewart's book is a notable example of what we at Chicago have always believed: Nothing is more practical than good theory. His neatly chosen, real-world illustrations bring the basic concepts of finance vividly to life. The book can be read with profit (and enjoyment) by anyone with an interest in corporate finance, from beginning student to senior executive."-- Merton H. Miller, Robert R. McCormick Distinguished Service Professor, Graduate School of Business, The University of Chicago, 1990 Nobel Prize winner""The Quest for Value" is the definitive handbook on how to enhance shareholder value. It provides senior managers with practical goals and guidelines to create value for their shareholders and for themselves." -- James J. Schiro, vice chairman, Price Waterhouse"Bennett Stewart challenges corporate management to focus on its principal mission of increasing shareholder wealth and shows how to do it. We are in the process of implementing a number of his recommendations for executive incentives."-- William W. McCarten, senior vice president, finance, corporate controller, Marriott Corporation""The Quest for Value" is an excellent work for the corporate strategist. It presents new, leading-edge planning paradigms in a practical, user-friendly way. Stewart's plan to restructure from within is of utmost importance to top management. It is my belief that companies may well come to be structured in the manner he prescribes, by necessity if not by choice."-- George J. Kirk, director, corporate strategy, corporate development, Westinghouse Electric Corporation"After more than forty experiences over ten years, we firmly believe that corporations that are owned by their managementand their board and are prudently leveraged will produce superior investment returns. In this excellent work, Bennett Stewart skillfully explains why."-- Carl Ferenbach, general partner, Berkshire Partners""The Quest for Value" is a stimulating and insightful presentation of financial issues facing every CEO in the 1990s." -- J. Ira Harris, general partner, Lazard Fr?res & Co.