000			03803cam a2200337 i 4500
001			on1151521816
003			OCoLC
007			ta
008			210602s2020 njua b 001 0 eng
010			_a 2020013692
020			_a9781119610885 (hardcover)
020			_a1119610885 (hardcover)
035			_a(OCoLC)1151521816
050			_aHG4028.V3 _bC67 2020
245	0	0	_aValuation : _bmeasuring and managing the value of companies / _cMcKinsey & Company, Tim Koller, Marc Goedhart, David Wessels.
250			_a7th ed.
260			_aHoboken, N.J. : _bWiley, _cc2020.
300			_axviii, 878 p. : _bill.
490	1		_aWiley finance series
500			_aFirst edition entered under: Copeland, Thomas E.
504			_aIncludes bibliographical references and index.
505	0		_aPart 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.
520			_a"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"--
650		4	_aCorporations _xValuation _xHandbooks, manuals, etc.
700	1		_aKoller, Tim.
700	1		_aGoedhart, Marc H.
700	1		_aWessels, David.
710	2		_aMcKinsey and Company.
830		0	_aWiley finance series.
942			_2lcc _cBK
999			_c3076 _d3076