Value:The Four Cornerstones of Corporate Finance

价值:企业融资的四大基石

管理经济学

售   价:
198.00
作      者
出  版 社
出版时间
2010年10月21日
装      帧
精装
ISBN
9780470424605
复制
页      码
272
语      种
英文
综合评分
暂无评分

该图书目前无货

  • 图书详情
  • 目次
  • 买家须知
  • 书评(0)
  • 权威书评(0)
图书简介
Value is intended to give managers an accessible and short guide to first the foundations and then the applications of corporate foundations. Not bogged down in math equations or heavy analysis, the book is a much more qualitative approach to what the authors consider a lost art. The first section discusses the four foundational principles of corporate finance: 1. Value is driven by growth, ROIC, and the sustainability of these; 2. Share price is driven by expectations for future performance; 3. Price is driven by the value conceived by others; and 4. One must use the pizza principal to decide whether value has really been created. The pizza principal says you can get more pizza by either making the pie bigger or by taking a share of other pies. The second section applies the theory of value creation to our economy. The authors argue that real value creation comes from innovation and competitive advantage, which manifests into high returns on capital and growth. In the third section of the book, the authors discuss ways to maintain and grow value through mergers, acquisitions, and portfolio management. The final section addresses how to ensure that your company has the right governance, performance measurement, and internal discussions to encourage value-creating decisions.
馆藏图书馆
Yale University Library
本书暂无推荐
本书暂无推荐
看了又看
  • 上一个
  • 下一个