In Search of Shareholder Value: Managing the Drivers of Performance - Hardcover

Maskall, Mike; Wright, Philip; Black, Dr Andrew; Bachman, John.E.; Davies, Dr John

Hardcover

ISBN 10: 027363027X ISBN 13: 9780273630272

Publisher: Financial Times/ Prentice Hall, 1997

Synopsis

In Search of Shareholder Value examines the whole philosophy of value. By using the drivers of shareholder value, in sales, operating profit margin, cash tax rate, working capital, fixed assets, cost of capital and growth duration period, managers will be able to identify where their own businesses are strong and weak in the creation shareholder value.

About this title

Review

"Read this and never again will the financial reports from the markets go over your head."   Business Money   "In Search of Shareholder Value accumulates our global experience of helping companies to enhance shareholder value. CEOs, CFOs and other senior executives tell us that this continues to be a key priority. I believe this book demonstrates our commitment to contributing to their success."   Jim Schiro, CEO, PricewaterhouseCoopers  "This is very much a how to book, with plenty of original ideas. The application of its concepts should make a significant contribution to raising management performance."   Sir Brian Pitman, Chairman, Lloyds TSB Group plc  "SHV creation has become the flag waved by large corporates aiming to build international franchise through easier access to global financing. Philip Wright and Andrew Black enlighten the complexity of the concept... Their book provides an invitation to business managers to think how they may contribute to creating a sound and sustainable basis for economic growth within a balanced social organization."   Gerard de la Martiniere, CFO, Axa  "Traditional accounting methods do not allow proper assessment of intrinsic value of stocks. Cash is what counts! Value-based analysis is essential for investors to evaluate potential opportunities, and for corporates to run their business more efficiently. [This book] should contribute to make these necessary changes happen."   Francois Langlade-Demoyen, Director of European Strategy, Credit Suisse First Boston  "ABB has always supported the concept of shareholder value and the time is now right to focus on Value Based Management throughout the business. It provides a good health check for the organization and reassures shareholders that there is alignment of resources around a common goal."   Renato Fassbind, CFO, ABB  "Creating shareholder value is the objective of every company today. PricewaterhouseCoopers' experience in helping companies on this continuous journey is invaluable. Getting started on the process is sometimes mysterious. This book can help you begin the journey."   Steven S. Reinemund, Chairman and CEO, Frito-Lay Inc.   "In Search of Shareholder Value gave me the reasons and clear road map for the journey of introducing a value mindset and value management into TPG."   Peter Braake, CFO, TPG

From the Publisher

Financial Times Prentice Hall
Why is shareholder value so important? Any investor putting money into a company will expect financial return as good, if not better, than what they can obtain elsewhere.

With widespread deregulation, and the availability of sophisticated financial information for investors, there is a new global imperative for business and managers alike: maximise value for shareholders.

"Creating shareholder value is the objective of every company today. Getting started on the process is sometimes mysterious. This book can help you begin the journey" - Steven S Reinemund, Chairman & CEO, Frito-Lay Inc

"This is very much a how to book, with plenty of original ideas. The application of its concepts should make a significant contribution to raising management performance" - Sir Brian Pitman, Chairman, LLoyds TSB Group plc

Edition details

• Publisher: Financial Times/ Prentice Hall
• Publication date: 1997
• ISBN 10: 027363027X
• ISBN 13: 9780273630272
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 304