This book contains a solid framework for valuation: analyzing historical performance, including reorganizing a company's financial statements to reflect economic rather than accounting performance; forecasting performance, with emphasis on not just the mechanics of forecasting but also how to...

Intro -- Valuation Measuring and Managing the Value of Companies -- Contents -- About the Authors -- Preface -- Acknowledgments -- Part One. Foundations of Value -- 1. Why Value Value? -- What Does It Mean to Create Shareholder Value? -- Short-Termism Runs Deep -- Shareholder Capitalism Cannot...

"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...