First edition entered under: Copeland, Thomas E.

Includes bibliographical references and index.

Part One Foundations of Value -- 1 Why Value Value? -- 2 Finance in a Nutshell -- 3 Fundamental Principles of Value Creation -- 4 Risk and the Cost of Capital -- 5 The Alchemy of Stock Market Performance -- 6 Valuation of ESG and Digital Initiatives -- 7 The Stock Market is Smarter Than You Think -- 8 Return on Invested Capital -- 9 Growth -- Part Two Core Valuation Techniques -- 10 Frameworks for Valuation -- 11 Reorganizing the Financial Statements -- 12 Analyzing Performance -- 13 Forecasting Performance -- 14 Estimating Continuing Value -- 15 Estimating the Cost of Capital -- 16 Moving from Enterprise Value to Value per Share -- 17 Analyzing the Results -- 18 Using Multiples -- 19 Valuation by Parts -- Part Three Advanced Valuation Techniques -- 20 Taxes -- 21 Nonoperating Items, Provisions, and Reserves -- 22 Leases -- 23 Retirement Obligations -- 24 Measuring Performance in Capital-Light Businesses -- 25 Alternative Ways to Measure Return on Capital -- 26 Inflation -- 27 Cross-Border Valuation -- Part Four Managing for Value -- 28 Corporate Portfolio Strategy -- 29 Strategic Management: Analytics --30 Strategic Management: Mindsets and Behaviors -- 31 Mergers and Acquisitions -- 32 Divestitures -- 33 Capital Structure, Dividends, and Share Repurchases -- 34 Investor Communications -- Part Five Special Situations -- 35 Emerging Markets -- 36 High-Growth Companies -- 37 Cyclical Companies -- 38 Banks -- 39 Flexibility -- Appendix A Discounted Economic Profit Equals Discounted Free Cash Flow -- Appendix B Derivation of Free Cash Flow, Weighted Average Cost of Capital, and Adjusted Present Value -- Appendix C Levering and Unlevering the Cost of Equity -- Appendix D Leverage and the Price-to-Earnings Multiple -- Appendix E Other Capital Structure Issues --Appendix F Technical Issues in Estimating the Market Risk Premium -- Appendix G Global, International, and Local CAPM -- Appendix H A Valuation of Costco Wholesale -- Appendix I Two-Stage Formula for Continuing Value -- Index.

"Valuation lies at the crossroads of corporate strategy and finance. In today's economy, it has become an essential role -- and one that requires excellence at all points. This guide shows you everything you need to know, and gives you the understanding you need to be effective. Valuation is the single best guide of its kind, helping financial professionals worldwide excel at measuring, managing, and maximizing shareholder and company value. This new seventh edition provides insights on the strategic advantages of value-based management, complete detailed instruction, and nuances managers should know about valuation and valuation techniques as applied to different industries, emerging markets, and other special situations"--