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

McKinsey & Company Inc.; Koller, Tim; Goedhart, Marc; Wessels, David

Hardcover

ISBN 10: 0470424699 ISBN 13: 9780470424698

Publisher: John Wiley & Sons, 2010

Synopsis

Bundle Package Includes McKinsey Valuation Fifth Edition and the McKinsey DCF Valuation Model via website download.

McKinsey′s Valuation + DCF Model Download: Measuring and Managing the Value of Companies, Fifth Edition, provides the knowledge executives need to make value–creating decisions and McKinsey s own proprietary discounted cash flow model to help them apply the techniques in the real world.

Thoroughly revised and expanded to reflect business conditions in today′s volatile global economy, the long–awaited Valuation, Fifth Edition provides up–to–date insights and practical advice on how to create, manage, and measure the value of an organization. Features include:

• ALL NEW CASE STUDIES that illustrate how valuation techniques and principles are applied in real–world situations
• NEW CONTENT on the strategic advantages of value–based management
• EXPANDED to include advanced valuation techniques
• UPDAZTED to reflect the events of the real estate bubble and its effect on stock markets, new developments in corporate finance, changes in accounting rules, and an enhanced global perspective
• PROVEN McKINSEY APPROACH gives strategies for multi–business valuation, corporate restructuring, mergers, acquisitions, and more using the McKinsey discounted cash flow approach.
• INTERACTIVE DCF VALUATION MODEL completes computations automatically promoting error–free analysis and real world application of McKinsey strategies and methods

By combining the dynamic flexibility of a DCF Model Download with the depth and breadth of a classic text, this package will help you hone your valuation skills today and improve them for years to come.

About this title

From the Back Cover:

The #1 guide to corporate valuation is back . . . and better than ever!

"The best valuation book just got better. This edition′s greater emphasis on what drives value and how to measure it will improve the way practitioners conduct financial analysis and, ultimately, make strategic decisions. It is required reading for all executives." Professor Benjamin C. Esty, Harvard Business School, author of Modern Project Finance: A Casebook

"The bible in its field. Anyone wanting to understand what drives corporate value should read this latest edition." Dr. Raymund Breu, former chief financial officer, Novartis AG

"Valuation gets to the heart of how to measure and manage value in a company. Whether you are evaluating an acquisition, restructuring a corporation, or formulating strategy, this book will help you do it well." John A. Manzoni, Chief Executive Officer, Talisman Energy Inc.

"A ′how–to′ guide for corporate executives who want to get at the unrealized shareholder values trapped in public companies." New York Times

"The book′s clarity and comprehensive coverage make it one of the best practitioners′ guides to valuation." Financial Times

Also available from McKinsey′s suite of Valuation, Fifth Edition products:

Interactive Discounted Cash Flow (DCF) Valuation Model: Available as a companion CD–ROM (978–0–470–42457–5) or DCF Model Download (978–0–470–89455–2), this interactive version of McKinsey′s DCF Valuation model allows readers to conduct, with the guidance of McKinsey′s valuation techniques, their own valuation analysis of companies.

Valuation Workbook, Fifth Edition: Part of McKinsey′s esteemed Valuation approach, this companion workbook (978–0–470–42464–3) is a must–have guide to reviewing and applying the valuation concepts and techniques discussed in Valuation, Fifth Edition.

Value: The Four Cornerstones of Corporate Finance: Value (978–0–470–42460–5) offers an executive overview of the core concepts of corporate finance and their ties to value. Intended for managers and students, this accessible guide offers a solid foundation to valuation.

About the Author:

McKINSEY & COMPANY is a management consulting firm that helps leading corporations and organizations make distinctive, lasting, and substantial improvements in their performance. Over the past seven decades, the firm′s primary objective has remained constant: to serve as an organization′s most trusted external advisor on critical issues facing senior management.

TIM KOLLER is a partner in McKinsey′s New York office. Tim has served clients in North America and Europe on corporate strategy and issues concerning capital markets, M&A transactions, and value–based management. He leads the firm′s research activities in valuation and capital markets issues. He received his MBA from the University of Chicago.

MARC GOEDHART is an associate principal in McKinsey′s Amsterdam office. Marc has served clients across Europe on portfolio restructuring, issues concerning capital markets, and M&A transactions. He received a PhD in finance from Erasmus University Rotterdam.

DAVID WESSELS is an adjunct professor of finance and director of executive education at the Wharton School of the University of Pennsylvania. Named by BusinessWeek as one of America′s top business school instructors, he teaches corporate valuation at the MBA and Executive MBA levels. David received his PhD from the University of California at Los Angeles.

About this edition

• Publisher: John Wiley & Sons
• Publication date: 2010
• ISBN 10: 0470424699
• ISBN 13: 9780470424698
• Binding: Hardcover
• Edition number: 5
• Number of pages: 840