Book Description
Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords. But written information has often been biased and clouded by the authors’ hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions.
Customer Reviews:
Highly Recommended!.......2003-02-26
Kudos to S. David Young and Stephen F. O'Byrne, management consultants who largely steer clear of their industry's usual empty catchphrases and superficial hype. Instead, their lucid explanation of the importance of shareholder value takes center stage. The heftiness of EVA and Value-Based Management may be daunting, but most readers will be satisfied with Part I's strategic overview. The concepts reappear in Part II accompanied by a wealth of technical details, calculations and case studies to help finance professionals with nitty-gritty implementation of EVA (Economic Value Added) programs. The book honestly assesses EVA's power to motivate managers, noting that some companies just are not well-suited for this performance metric. We from getAbstract prescribe this book to corporate executives who have overdosed on consultant jargon but still want to drive value growth in their companies, and to finance specialists who seek a comprehensive roadmap to EVA implementation.
Excellent book.......2002-08-13
As an author, speaker and consultant on these topics, I highly recommend this book. Not only have the authors discussed the pros and cons of a number of approaches thoughfully and concisely, they also expand the level of understanding related to the calculations in an accessible way. Their book discusses both implementation issues and the nitty gritty of the mechanics. In sum, the book takes the reader to the next level of understanding. I highly recommend this book.
Fails to keep its promise: Metric War + Compensation.......2001-07-02
This book does NOT offer 'A practical guide to valuation' but a theoretical,oldfashioned discussion of the 'Metrics War'and some empirical research on EVA, Compensation and CFROI-Fade.
My rating has got these origins: Empirical research on Compensation,EVA and CFROI-Fade: A+. Discussion of EVA/CFROI: D-. Terminology: D value for 'Hands-on-valuation': F- Structure: F- Style: F-.
This book does contain interesting empirical research on EVA etc, but it does not offer 'A practical Guide to Implementation' because it does not contain a STAGE-Approach. Its terminology differs from any other book I've read, you must often guess, which formulas the authors used, because they did not have the courtesy to express their formulas. Some formulas are wrong nad their discussion of the 'metrics war' betweenn EVA and CFROI lags 5 years behind reality. They attack old methods of CFROI,which Boston Consulting and Holt Value published 5 (!) years ago. They fail to know, that BCG have refined CVA/CFROI and that BAYER. Lufthansa,and VEBA have implemented these refined CFROI-techniques,which are way better, than the old methods, which the book attacks.
Moreover, this book is terrible to read due to a lack of structure, the absence of clear definitions, the lack of formulas, a wordy style,which exhausts your nerves, and many value judgements....
The EVA Guide which holds nothing back!.......2001-02-07
This book, together with 'The Quest for Value'by G. Bennett Stewart, III and 'Valuation' by the Tom Copeland, provide a solid backgound on value-based management. S. David Young and Stephen F. O'Byrne give a fair description of their book: 'This book is not a intended to be a "teaser," which tries to tell you enough to whet your appetite so if you want to know more you will have to hire us as your consultants. We aim to be as comprehensive in our treatment of the subject as possible...We try to hold nothing back.' Thank you very much indeed.
is that right, EVA?.......2001-02-03
I had a great approach to EVA concept but it too much simple in finances. Any way it is a good point to start the trip through the EVA world. The principle of EVA appears sound, but this book is good at attempting to illustrate how to practically use it.
Average customer rating:
- Highly Recommended!
- Uneven, Academic, and Often Inaccurate
- Highly Recommended!
- Amazing book
- Detail and not for beginners.
|
The Risk Management Process: Business Strategy and Tactics
Christopher L. Culp
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
General
| Investing
| Business & Investing
| Subjects
| Books
Entrepreneurship
| Small Business & Entrepreneurship
| Business & Investing
| Subjects
| Books
Risk Assessment
| Management & Leadership
| Business & Investing
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Corporate
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Investing
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
All Amazon Upgrade
| Amazon Upgrade
| Stores
| Books
Business & Investing
| Amazon Upgrade
| Stores
| Books
Professional & Technical
| Amazon Upgrade
| Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Business & Investing
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Professional
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Similar Items:
-
Risk Management and Capital Adequacy
-
Risk Management
-
Understanding Market, Credit, and Operational Risk: The Value at Risk Approach
-
The ART of Risk Management
-
The Standard & Poor's Guide to Measuring and Managing Credit Risk
ASIN: 047140554X |
Book Description
Integrates essential risk management practices with practical corporate business strategies
Focusing on educating readers on how to integrate risk management with corporate business strategy-not just on hedging practices—
The Risk Management Process is the first financial risk management book that combines a detailed, big picture discussion of firm-wide risk management with a comprehensive discussion of derivatives-based hedging strategies and tactics.
An essential component of any corporate business strategy today, risk management has become a mainstream business process at the highest level of the world's largest financial institutions, corporations, and investment management groups. Addressing the need for a well-balanced book on the subject, respected leader and teacher on the subject Christopher Culp has produced a well-balanced, comprehensive reference text for a broad audience of financial institutions and agents, nonfinancial corporations, and institutional investors.
Download Description
Focusing on educating readers on how to integrate risk management with corporate business strategy-not just on hedging practices-The Risk Management Process is the first financial risk management book that combines a detailed, big picture discussion of firm-wide risk management with a comprehensive discussion of derivatives-based hedging strategies and tactics. An essential component of any corporate business strategy today, risk management has become a mainstream business process at the highest level of the world's largest financial institutions, corporations, and investment management groups. Addressing the need for a well-balanced book on the subject, respected leader and teacher on the subject Christopher Culp has produced a well-balanced, comprehensive reference text for a broad audience of financial institutions and agents, nonfinancial corporations, and institutional investors.
Customer Reviews:
Highly Recommended!.......2004-06-07
Christopher Culp definitively combines a thorough reference work on company-wide risk management with a sweeping discussion of the best hedging practices. Since this is also a textbook, you'll find the kind of math that would make even Einstein sweat. But, as the author notes, he's written this book for senior managers, so you have a note from the teacher that you can skip the math and statistics if you have a staff for that. Instead, apply your executive thinking skills to absorbing Culp's excellent lessons in risk management theory and practice. We recommend this book to senior managers and directors - in other words, any executives who create, implement or supervise risk management strategies.
Uneven, Academic, and Often Inaccurate.......2004-02-26
This seems to be a digestion of some articles on risk management without the practical experience to make it useful for practicing risk managers.
Forget that much of the theory is dated, the notion of how risk managment works is incorrect. This isn't a good resource. Try the GARP website for better resources.
Highly Recommended!.......2002-11-12
Christopher Culp definitively combines a thorough reference work on company-wide risk management with a sweeping discussion of the best hedging practices. Since this is also a textbook, you'll find the kind of math that would make even Einstein sweat. But, as the author notes, he's written this book for senior managers, so you have a note from the teacher that you can skip the math and statistics if you have a staff for that. Instead, apply your executive thinking skills to absorbing Culp's excellent lessons in risk management theory and practice. We from getAbstract recommend this book to senior managers and directors - in other words, any executives who create, implement or supervise risk management strategies.
Amazing book.......2002-02-24
Culp integrated the corporate risk management puzzle with great ability. With a solid theoretical background and valuable pratical insights, this easy-reading book is worth every dollar it costs - a positive NPV for sure. But it is far from an introductory text. You must be well educated in both corporate finance and statistics to maximize your utility from reading mr. culp's text. If you are, it's a must. Otherwise i would suggest you to improve your corpfin and stats skills before getting into The Risk Management Process.
Detail and not for beginners........2001-08-20
This book had more then what I was looking for.
I was looking for a book on general financial risk management theory and processes (especially market risk management). This book gave more then that. It gave me insight on the theories and rationales on the topic.
The coverage extended somewhat beyond financial risks, giving background on risk management to an organisation as a whole.
The structure of the book was easy and logical, first part being the background and theory or risk management as a whole, part two detailing into the maths of risk management, and the last discussing control processes.
One lacking part (which I was looking for) was that it did not discuss in detail the business processes themselves. I may have over expecting it, but the topic seem to have missed out.
Average customer rating:
- Great, great business book...
- Don't waste your $$$
|
Financing Technology's Frontier: Decision-Making Models for Investors and Advisors (Wiley Finance)
Richard P. Shanley
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover
Strategy & Competition
| Management & Leadership
| Business & Investing
| Subjects
| Books
General
| Popular Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Financial
| Accounting
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Accounting
| Industries & Professions
| Business & Investing
| Subjects
| Books
MIS
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Investing
| Business & Investing
| Subjects
| Books
General & Reference
| Technology
| Science
| Subjects
| Books
General
| Accounting
| Business
| Software
| Computers & Internet
| Subjects
| Books
Information Systems
| Software Engineering
| Computer Science
| Computers & Internet
| Subjects
| Books
General
| Accounting
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
All Amazon Upgrade
| Amazon Upgrade
| Stores
| Books
Business & Investing
| Amazon Upgrade
| Stores
| Books
Computers & Internet
| Amazon Upgrade
| Stores
| Books
Professional & Technical
| Amazon Upgrade
| Stores
| Books
Science
| Amazon Upgrade
| Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Business & Investing
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Computers & Internet
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Professional
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Science
| Qualifying Textbooks - Fall 2007
| Stores
| Books
ASIN: 0471444324 |
Book Description
An indispensable resource for anyone interested in the future of emerging technology industries
Financing Technology's Frontier draws upon the experiences of today's most successful venture capitalists and entrepreneurs to provide investment professionals expert insight and powerful tools for identifying and capitalizing on the most promising high-tech and biotech opportunities. It also includes proven business models and many fascinating and instructive case studies that help entrepreneurs, CEOs and CFOs learn from the successes and setbacks of other companies in their sectors.
Richard Shanley (New York, NY) is a partner in the Health Services and New Media division at Deloitte Touche Tohmatsu.
Download Description
An indispensable resource for anyone interested in the future of emerging technology industries
Financing Technology's Frontier draws upon the experiences of today's most successful venture capitalists and entrepreneurs to provide investment professionals expert insight and powerful tools for identifying and capitalizing on the most promising high-tech and biotech opportunities. It also includes proven business models and many fascinating and instructive case studies that help entrepreneurs, CEOs and CFOs learn from the successes and setbacks of other companies in their sectors.
Richard Shanley (New York, NY) is a partner in the Health Services and New Media division at Deloitte Touche Tohmatsu.
Customer Reviews:
Great, great business book..........2004-02-18
Covers financing from a variety of angles, with a number of different thought points I had not considered on the tax and workforce side. Liked the focus on biotech and pharma as well.
Don't waste your $$$.......2000-11-22
Despite the nice title of the book, it is not worth a $105.00. The decision making models are overviews and are very brief. This book lacks numeracy. The case studies in my opinion are underdeveloped. The author spends time talking about strategic partnerships and the need for venture portfolio companies, to develop them, but he doesn't provide any examples of those that worked. There is some information to be gleaned from this book, but if you can get it for under $30, then buy it. Otherwise at $105, you will be very disappointed. This book is totally overpriced. If I could photocopy it and return it, I would have.
Average customer rating:
- A real page turner
- Who Is Joel Stern? Fortune Has Smiled on Him.
|
Against the Grain: How to Succeed in Business by Peddling Heresy
Joel M. Stern , and
Irwin Ross
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover
Business
| Professionals & Academics
| Biographies & Memoirs
| Subjects
| Books
Strategy & Competition
| Management & Leadership
| Business & Investing
| Subjects
| Books
General
| Organizational Behavior
| Business & Investing
| Subjects
| Books
Job Hunting & Careers
| Business & Investing
| Subjects
| Books
| General
| Guides
| Interviewing
| Job Hunting
| Job Markets & Advice
| Resumes
| Vocational Guidance
| Volunteer Work
General
| Popular Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
All Amazon Upgrade
| Amazon Upgrade
| Stores
| Books
Biographies & Memoirs
| Amazon Upgrade
| Stores
| Books
Business & Investing
| Amazon Upgrade
| Stores
| Books
Professional & Technical
| Amazon Upgrade
| Stores
| Books
Similar Items:
-
The EVA Challenge: Implementing Value-Added Change in an Organization
-
The Quest for Value
-
EVA: The Real Key to Creating Wealth
ASIN: 0471216003 |
Book Description
The unique story of a business heretic and his concept of Economic Value Added (EVA)
In
Against the Grain, Joel Stern shares for the first time, not only the story of how EVA swept the corporate world, but the story behind the story-the intellectual underpinnings of EVA, how he and his colleagues at Stern Stewart & Co. promoted the concept, won its initial acceptance by major corporations, and later turned the concept into a revolution. He has for good reason been called a one-man catalyst for change. In an engaging memoir, he has given us not only an account of his business strategy, but also provided fascinating anecdotes and vignettes of encounters with leading businessmen on four continents.
Joel M. Stern (New York, NY) has been the Managing Partner of Stern Stewart & Co. since its founding in 1982 and was coauthor of The EVA Challenge (Wiley: 0-471-40555-8). A recognized authority on financial economics, corporate performance measurement, corporate valuation, and incentive compensation, he is a leading advocate of the concept of shareholder value.
Irwin Ross (New York, NY) was retained to write The EVA Challenge with Joel Stern and John Shiely. He is a former roving editor of Reader's Digest and over the years has written for Fortune and a variety of other magazines.
Download Description
Success does not come easily in the world of business, especially if you choose to challenge some of the most widely held beliefs in modern finance. Nobody knows this better than Joel Stern--a man who swam against the strong current of conventional financial dogma and ended up revolutionizing the way CEOs and money managers value and measure performance. By maintaining a steadfast belief in his concept of Economic Value Added (EVA) and convincing individuals, institutions, and companies of its validity, Stern has become a catalyst for change in the world of finance. He has also become the man who made EVA the most insightful measure of today's corporate performance. In Against the Grain: How to Succeed in Business by Peddling Heresy, Stern shares for the first time, not only the story of how EVA swept the corporate world, but the story behind the story--the intellectual underpinnings of EVA, how he and his colleagues at Stern Stewart & Co. promoted the concept, won its initial acceptance by major corporations, and later turned the concept into a revolution that has continued to grip the worlds of business and finance.
Customer Reviews:
A real page turner.......2007-07-25
I read the entire book in one sitting. Better written than most novels, it was a pleasure to lose some sleep over this great read. After reading it a friend mentioned that he was in Mr. Stern's class at Columbia? and just as he writes received a phone call from Mr. Stern on his travels upon receiving an A on his paper.
In addition his coverage of Judaism and South Africa are facinating.
Who Is Joel Stern? Fortune Has Smiled on Him........2004-02-07
If you know who Joel Stern is, you may want to read this book. If you do not, you will probably not enjoy the book.
If you know and love Mr. Stern, the book will add many amusing anecdotes to your story of tales about this peripatetic self promoter.
Mr. Stern was originally known for visiting CEOs and telling them that "earnings per share don't count." That was a novel message to CEOs who usually got their bonuses for meeting budget targets for earnings. Intrigued by the comment, Mr. Stern would usually go on to explain that the stock market was highly efficient and followed the lead of "steers" like Warren Buffett who knew how to assess the economic effectiveness of an organization's performance. The book contains a copy of an early op-ed piece he wrote to explain his ideas.
What Mr. Stern wanted people to do was to focus on making the cash flow of their organizations that they did not have to reinvest grow ("free cash flow"). Turned into English, he wanted companies to make more money with their investments and invest as little as possible. He now characterizes that concept as "heresy." That's strange since businesses have been employing discounted cash flow as a discipline to making new investments since around 1890.
Since then, Mr. Stern has worked with his colleagues at Stern Stewart (his financial consulting firm) to turn these concepts into elaborate measures of economic performance called EVA and MVA that adjust for the cost of capital (something that has been around since the Capital Asset Pricing Model was introduced many decades ago). Mr. Stern also thinks of this as "heresy."
Few others than CEOs would have heard of Mr. Stern if he didn't constantly teach, speak and write about his work. The book has some elements of Adventure Capitalist as he describes his nomadic life.
His main prominence occurred after 1993 when Fortune Magazine made him the feature of a cover story. Why did Fortune do that? The book doesn't tell, but I once asked a friend who is an editor there. Stern Stewart was a tiny firm at the time, and barely breaking even (as Mr. Stern acknowledges in this book). The ideas were ones that had been around in academia for decades. What was so special? The editor told me that Roberto Goizueta, then chairman and CEO of Coca-Cola, had written to suggest the idea. Since Fortune had never received a letter like that from a CEO, they felt that they had to write the article. The Wall Street Journal later reported that Mr. Goizueta typically spent more than half his day writing letters to analysts and publications to get more exposure for his company's stock. Since then, Mr. Stern's firm continues to be published annually in Fortune, and prominent Fortune editors appear at his marketing conferences.
In that story, you get the essence of the book. Mr. Stern is a genius at persuading high profile people to endorse him and his work and help promote his career. This began while he was at Chase Manhattan Bank. I first met him in 1975 after the lending officer to our Fortune 200 company suggested we hire Mr. Stern to come speak to us. At the end of the presentation after Mr. Stern left, his internal sponsor in our company noted that Chase Manhattan did not use his concepts.
Not surprisingly, Mr. Stern eventually left Chase to start his own firm in 1982. Since then, his contribution has been to take the two groups of executives in our society who read the least (CEOs and CFOs) and teach them about the financial theory that is taught in every business school in the world. Before you dismiss that contribution, remember Peter Drucker's advice: There is no single measure of company performance that is any good. You should add more and use them all. In that vein, Mr. Stern has helped. He now has many competitors who provide reasonably similar versions of the same measurements.
If you want to know more about these measures, read The Quest for Value by Bennett Stewart rather than this book.
The most controversial part of his work is a compensation method based on EVA. I was amused to find out from this book that Stern Stewart does not use this method for its own compensation, although EVA is one part of the compensation determination.
If you are interested in how to be a high-profile consultant in the world of finance, you will get a good sense of the type of networking among academia, finance and senior executives that is required. If you want to live that nomadic life, cut off from your family, then the world is yours.
Average customer rating:
- Advanced theoretical real options applications
|
Real Options in Capital Investment: Models, Strategies, and Applications
Manufacturer: Praeger Publishers
ProductGroup: Book
Binding: Hardcover
General
| Popular Economics
| Business & Investing
| Subjects
| Books
Public Finance
| Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
General
| Investing
| Business & Investing
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Corporate
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Investing
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
All Amazon Upgrade
| Amazon Upgrade
| Stores
| Books
Business & Investing
| Amazon Upgrade
| Stores
| Books
Professional & Technical
| Amazon Upgrade
| Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Business & Investing
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Professional
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Similar Items:
-
Real Options and Investment under Uncertainty: Classical Readings and Recent Contributions
-
Real Options: Managing Strategic Investment in an Uncertain World (Financial Management Association Survey and Synthesis Series)
ASIN: 0275946169 |
Book Description
This compilation integrates various new contributions to the growing "real options" literature. Recent developments in the valuation of capital investment opportunities seen as real options (e.g. to defer, expand, abandon, or switch use) have provided the tools and unlocked the possibilities to revolutionize the field of capital budgeting. The resulting insights, strategies, and techniques enable quantifying the thus far elusive elements of managerial flexibility and various strategic interactions. In an uncertain and constantly changing world marketplace, managerial operating flexibility and strategic adaptability are vital to successfully capitalize on favorable future investment opportunities or limit losses from adverse market developments. This book presents various models and operating strategies, and a variety of applications ranging from acquisitions and divestitures, to natural resource development and pollution compliance. The book's contributions are divided into five parts, covering sections on real options and alternative valuation paradigms for capital investment analysis; on the analysis of general exchange or switching options, and interdependencies among multiple such options; on strategic acquisitions, infrastructure, and foreign investment options; on mean reversion/ alternative formulations in natural resource investments, shipping, and start-up ventures; and on other applications in pollution compliance, land development, flexible manufacturing, and financial default options. Both academic and practitioner interest in these developments is unusually high. The book can serve as supplementary material for the academic market, e.g., in advanced finance courses in option pricing or capital budgeting, in doctoral seminars, and as a library resource. It may also be of interest to the professional market (e.g. corporate planners and finance executives in the oil, pharmaceutical, auto and a variety of other industries), academics from related areas (e.g. decision analysts or economists), as well as to international readers (academics, doctoral students, and professionals).
Customer Reviews:
Advanced theoretical real options applications.......1997-01-05
The editor of this book, Lenos Trigeorgis, earned his Ph.D.
from Harvard University, and has since that published several
articles in distinguished journals on one of his favourite
research subjects - real options.
By using basic option pricing principles in capital investments,
a practicing manager as well as an academic can develop financial
models that handle stochastic information, for instance oil prices.
The capital investment theories explained in this book is the
greatest breakthrough in capital investments since the 60's.
The widely accepted DCF-method should partly be replaced by
Option Pricing Models, OPM, as this is the first method that
can handle volatility and uncertainty in a theoretically
consistent way. Several academics are finding this difficult
to accept - the old "truth" doesn't hold is a volatile environment!
If you believe in Discounted Cash Flow analysis - you MUST read this book!
If you want to stay ahead of your competitors, you SHOULD read
THIS comprehensive book on capital investments! It may require a lot more
maths that any other books on the subject, as the book is rather
theoretical with several real life examples. Most of the 20 authors
have a background in maths as well as economics, something
preferrable but not necessary for the reader of this excellent
book. The book could be recommended for MBA and PhD students.
Niklas Uddstrom (niklas.uddstrom@mandatum.fi)
Average customer rating:
- Linking strategy with the numbers
- Missing the point
- Excellent Job!
|
Business Portfolio Management: Valuation, Risk Assessment, and EVA Strategies
Michael S. Allen
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
General
| Accounting
| Industries & Professions
| Business & Investing
| Subjects
| Books
Investing
| Business & Investing
| Subjects
| Books
| Bonds
| Commodities
| Futures
| General
| Introduction
| Mutual Funds
| Options
| Real Estate
| Stocks
Decision-Making & Problem Solving
| Management & Leadership
| Business & Investing
| Subjects
| Books
Management
| Management & Leadership
| Business & Investing
| Subjects
| Books
Entrepreneurship
| Small Business & Entrepreneurship
| Business & Investing
| Subjects
| Books
General
| Accounting
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
Similar Items:
-
Portfolio Management for New Products
-
The Smart Organization: Creating Value Through Strategic R&D
ASIN: 047137640X |
Book Description
The Ultimate Guide to Applied Strategies for Managing Business Units and Portfolios Two of the most important business trends of recent years are increasing corporate acquisitions and managing business units as individual companies with a synergistic relationship to the parent company. Business Portfolio Management is an indispensable tool for corporate managers and strategists involved in these pursuits. This no-nonsense reference cuts through the competing claims and conventional wisdom to take a hard look at the realities of portfolio management. It provides the concepts and strategies necessary to create real strategic alternatives, estimate accurately the value of each alternative, and understand the risks involved in each. It supplies a framework for choosing between alternatives, for making tradeoffs between risks and opportunities, and for understanding how individual units in a portfolio will interact. From beginning to end, the concepts, techniques, and situations discussed in Business Portfolio Management are illustrated with detailed examples drawn from actual consulting engagements conducted by the author and his colleagues. These examples not only provide specific descriptions of how portfolio management concepts are implemented in the real world, they also give a real-world picture of the magnitude of value increases that are created through effective portfolio management.
Customer Reviews:
Linking strategy with the numbers.......2000-09-04
It's a book about strategy. The author shows how to establish a value-creating business portfolio stategy, stressing the importance of developing different strategic alternatives, including possible aquisitions, and assesing the risk involved. The book is an excellent choice for those facing the definition of an optimal non-financial portfolio.
Missing the point.......2000-05-24
The book was written probably some 15 years ago, when Real Options barely existed and the only tools available to consultants were efficient frontier and NPV. The treatment of risk vs. return is very simplistic, NPV concept does not hold any more (ROV is a way to go). In summary: an outdated book.
Excellent Job!.......2000-05-24
Michael Allen has portrayed the real meaning of portfolio management in a manner that is readily accessible to business executives. His concept of "full value" is a challenging one for anyone charged with creating value where portfolios of products, business units, R&D projects, and so on, are involved.
Average customer rating:
- Corporate Finance and Investment by Pike, R. and Neale, B.
|
Corporate Finance and Investment: Decisions & Strategies
Richard Pike , and
Bill Neale
Manufacturer: Financial Times/Prentice Hall
ProductGroup: Book
Binding: Hardcover
General
| Business & Investing
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
ASIN: 0273695614 |
Book Description
This popular text takes a practical approach to corporate finance, applying key concepts and techniques to a broad range of contemporary issues in finance. Examining financial issues from a managerial stand point, the authors demonstrate the role finance has to play in explaining and shaping business development rather than concentrating on quantitative aspects.
This book is suitable for second and third year undergraduate students of business studies, accounting, finance and economics. It is particularly valuable for those studying an MBA or MSc in Business.
"It is a thorough and well written book with good examples" Hugh Metcalf, University of Newcastle upon Tyne, UK "I immediately liked it" Ivar Bredesen, Oslo University College, Norway "This is a very good, reliable, easy to read text book" Anne Butchers, University of Warwick, UK
Customer Reviews:
Corporate Finance and Investment by Pike, R. and Neale, B........2005-08-05
The authors of "Corporate Finance and Investment", Richard Pike and Bill Neale produced a high quality textbook on corporate finance which is an excellent companion for those people delving into the subject. The simple and practical style used by the authors make the book suitable for a wide range of audiences including finance/accounting or business practitioners, students at undergraduate and postgraduate levels. Readers will benefit from extensive examples and illustrations on the application of concepts pertaining to finance and investments. The authors clearly show the relationship between corporate finance and strategic management. The theory is carefully blended with practice that, I as a practitioner, can clearly see how I can apply the concepts that I would have read. Although I am based in Kenya, I find the book very relevant and useful to the local environment.
Average customer rating:
|
Advanced Strategies in Financial Risk Management (New York Institute of Finance)
Robert J. Schwartz
Manufacturer: New York Institute of Finance
ProductGroup: Book
Binding: Textbook Binding
Public Finance
| Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Futures
| Investing
| Business & Investing
| Subjects
| Books
Options
| Investing
| Business & Investing
| Subjects
| Books
Decision-Making & Problem Solving
| Management & Leadership
| Business & Investing
| Subjects
| Books
General
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Investing
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
ASIN: 0130688835 |
Average customer rating:
- A book for beginner
- very helpful for studies
|
Corporate Finance and Investment: Decisions and Strategies
Richard Pike , and
Bill Neale
Manufacturer: Prentice Hall
ProductGroup: Book
Binding: Paperback
General
| Popular Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Investing
| Business & Investing
| Subjects
| Books
| Bonds
| Commodities
| Futures
| General
| Introduction
| Mutual Funds
| Options
| Real Estate
| Stocks
Management & Leadership
| Business & Investing
| Subjects
| Books
| Business Ethics
| Consolidation & Merger
| Decision-Making & Problem Solving
| Distribution & Warehouse Management
| Industrial
| Information Management
| Leadership
| Management
| Management Science
| Motivational
| Negotiating
| Operations Research
| Planning & Forecasting
| Pricing
| Production & Operations
| Project Management
| Quality Control
| Risk Assessment
| Statistics
| Strategy & Competition
| Systems & Planning
| Systems Analysis
| Teams
| Total Quality Management
| Training
ASIN: 0138531447 |
Customer Reviews:
A book for beginner.......2004-03-25
This book is very good for the beginner. It has explained the terminology of finance in easy to understand langauge.If you are looking for the detailed finance calculation then this book is not enough. You need to have advanced level book. This book is not useful for the students who are studying in USA as it addresses the UK's finanicial market and stock exchange.
very helpful for studies.......2000-06-21
I did buy this book when I studied at Leeds Met Uni. It was very helpful to learn for the exam in Financial Management. And I am using it still right now in Germany. English is the world language and so I am going to try to read as much as I can in English.
Pike & Neale are lecturers in Bradford close to Leeds. They wrote this book in an easy way to understand what is about Corporate Finance. I think it will be very helpful for me when I am going to start my job in the auditing with Ernst & Young.
Average customer rating:
|
Strategic Investment Decisions: A Comparison of Uk and German Practices in the Motor Components Industry (The Avebury Business Research Library)
Christopher Carr ,
Cyril Tomkins , and
Brian Bayliss
Manufacturer: Avebury
ProductGroup: Book
Binding: Hardcover
Strategy & Competition
| Management & Leadership
| Business & Investing
| Subjects
| Books
Decision-Making & Problem Solving
| Management & Leadership
| Business & Investing
| Subjects
| Books
Production & Operations
| Management & Leadership
| Business & Investing
| Subjects
| Books
Economics
| Business & Investing
| Subjects
| Books
| Agricultural
| Commercial Policy
| Comparative
| Consolidation & Merger
| Cooperatives
| Debt & Deficits
| Development & Growth
| Econometrics
| Economic Conditions
| Economic History
| Economic Policy & Development
| Exports & Imports
| Free Enterprise
| Inflation
| International
| Labor & Industrial Relations
| Macroeconomics
| Microeconomics
| Money & Monetary Policy
| Natural Resources
| Privatization
| Public Finance
| Statistics
| Sustainable Development
| Theory
| Unemployment
| Urban & Regional
General
| Popular Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Investing
| Business & Investing
| Subjects
| Books
| Bonds
| Commodities
| Futures
| General
| Introduction
| Mutual Funds
| Options
| Real Estate
| Stocks
General
| Industries & Professions
| Business & Investing
| Subjects
| Books
Industry
| Automotive
| Nonfiction
| Subjects
| Books
Automotive
| Engineering
| Professional & Technical
| Subjects
| Books
| General
| Safety Engineering
| Vehicle Design & Construction
ASIN: 1856289753 |
Books:
- Form Your Own Limited Liability Company 4th Edition
- Foundations of Financial Management (The Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
- Fundamentals of Financial Management (with Thomson ONE - Business School Edition)
- Fundamentals of Financial Management (with Thomson ONE - Business School Edition)
- Global Networks, Linked Cities
- Going Solo in the Kitchen
- Handbook on Ontologies (International Handbooks on Information Systems) (International Handbooks on Information Systems)
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
Books Index
Books Home
Recommended Books
- 1776
- Never Eat Alone: And Other Secrets to Success, One Relationship at a Time
- Companion guide to Infectious diseases of mice and rats
- Eileen Gray: Design and Architecture 1878-1976
- History: Fiction or Science
- Supervision of Police Personnel
- Nobody Loves a Centurion
- Cocktails In Tahiti
- Drafting House Plans: A Whole House Drafting System For Planning and Design
- Field Guide to Orchids of North America: From Alaska, Greenland, and the Arctic, South to the Mexica