Valuation: Measuring and Managing the Value of Companies (Wiley Finance) - Hardcover

Über die Autorin bzw. den Autor

TIM KOLLER is a McKinsey partner and founder of McKinsey’s Strategy and Corporate Finance Insights team. In his 40 years of consulting, he has served clients globally on corporate strategy and capital markets, acquisitions and divestitures, and resource allocation.

MARC GOEDHART is a senior expert in McKinsey’s Strategy and Corporate Finance practice and an endowed professor of corporate valuation at Rotterdam School of Management (RSM), Erasmus University.

DAVID WESSELS is an adjunct professor of finance at the Wharton School of the University of Pennsylvania. He was named by Bloomberg Businessweek as one of America’s top business school instructors.

MCKINSEY & COMPANY is a global management consulting firm. McKinsey combines bold strategies and transformative technologies to help organizations innovate and achieve lasting gains in performance.

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Valuation has been the gold standard resource that financial professionals have relied on for over three decades to measure, manage, and maximize shareholder value. This new and up-to-date Eighth Edition offers practical tools you can use to solve real-world business problems. It reflects the latest developments in global financial markets, academic finance, and the authors’ latest research and experiences.

The book reviews the foundations of value and explains fundamental and advanced valuation techniques, and special or unusual business situations. You’ll learn how to develop a business portfolio strategy that considers which business units a corporation is best suited to own, and which might perform better under alternative ownership.

Valuation demonstrates how to accurately assess major transactions, like mergers, acquisitions, divestitures, and restructurings. It also shows you how to create a capital structure that integrates seamlessly with a company’s strategy at an appropriate level of risk. New, in-depth case studies explain critical and evolving concepts in valuation, including planning, resource allocation, digital assets, sustainability, and managing for the long term.

You’ll find proven valuation frameworks that McKinsey & Company has been using for decades in their consulting work. You’ll also become familiar with the practical judgments you’ll need to make when developing your own models and conducting valuations for yourself.

The newest edition of Valuation is a must-read for business analysts and managers, offering an insightful guide to long- and short-term strategy.

Aus dem Klappentext

Valuation has been the gold standard resource that financial professionals have relied on for over three decades to measure, manage, and maximize shareholder value. This new and up-to-date Eighth Edition offers practical tools you can use to solve real-world business problems. It reflects the latest developments in global financial markets, academic finance, and the authors' latest research and experiences.

The book reviews the foundations of value and explains fundamental and advanced valuation techniques, and special or unusual business situations. You'll learn how to develop a business portfolio strategy that considers which business units a corporation is best suited to own, and which might perform better under alternative ownership.

Valuation demonstrates how to accurately assess major transactions, like mergers, acquisitions, divestitures, and restructurings. It also shows you how to create a capital structure that integrates seamlessly with a company's strategy at an appropriate level of risk. New, in-depth case studies explain critical and evolving concepts in valuation, including planning, resource allocation, digital assets, sustainability, and managing for the long term.

You'll find proven valuation frameworks that McKinsey & Company has been using for decades in their consulting work. You'll also become familiar with the practical judgments you'll need to make when developing your own models and conducting valuations for yourself.

The newest edition of Valuation is a must-read for business analysts and managers, offering an insightful guide to long- and short-term strategy.