The Quest for Value: A Guide for Senior Managers
| Author | : | |
| Rating | : | 4.94 (521 Votes) |
| Asin | : | 0887304184 |
| Format Type | : | paperback |
| Number of Pages | : | 800 Pages |
| Publish Date | : | 2017-02-16 |
| Language | : | English |
DESCRIPTION:
in Electrical Engineering from Princeton University. Before co-founding Stern Stewart in 1982 with Joel Stern, he was a vice president of the financial advisory arm of the Chase Manhattan Bank. Stewart and his colleagues based on years of experience advising corporate clients on valuations, restructurings/recapitalizations, acquisitions and divestitures, and management incentive compensation plans. Bennett Stewart, III, is a senior partner of Stern Stewart & Co. He is a principal speake
Kirk, director, corporate strategy, corporate development, Westinghouse Electric Corporation"After more than forty experiences over ten years, we firmly believe that corporations that are owned by their managementand their board and are prudently leveraged will produce superior investment returns. McCormick Distinguished Service Professor, Graduate School of Business, The University of Chicago, 1990 Nobel Prize winner""The Quest for Value" is the definitive handbook on how to enhance shareholder value. It is my belief that companies may well come to be structured in the manner he prescribes, by necessity if not by choice."-- George J. It presents new, leading-edge planning paradigms in a practical,
Truly insightful I read this book my senior year in undergrad as part of my finance curriculum in 2010. Now with Truly insightful bav I read this book my senior year in undergrad as part of my finance curriculum in 2010. Now with 4 years as a finance professional, I still find myself referencing this book's most useful insights, which in my opinion is the idea that a business truly does have an "economic" value that is far more important than the book value.When it comes to practica. years as a finance professional, I still find myself referencing this book's most useful insights, which in my opinion is the idea that a business truly does have an "economic" value that is far more important than the book value.When it comes to practica. A Holy-Priced Book, Though Not Valuation's Holy Grail This book brings emphasis to the importance of Return on Invested Capital as a valuation metric in security analysis, although the author purports to substantially refine and expand on your prosaic understanding of this concept. It is an ambitious work that has a couple of inexplicable shortcomings, given its length, price, and its author's flair for . Is a must read!! This is one of the best books about EVA. Good explainations. This book goes beyond the GAAP and does a more accurate measurement of corporate profitability and efficiency. Highly recommended for accountants and investors alike!!
In this bestselling classic of financial management, G. At the forefront of this revolution is the consulting firm of Stern Stewart & Co., of which G. Bennett Stewart, III, raises and answers these provocative questions:Do dividends matter?Are earnings per share really accurate measures of corporate performance?What is the engine that really drives share prices?More than that, Stewart lays the foundation for EVAr, the financial management and incentive system now in place at nearly 300 companies around the world, and which is rapidly becoming the global standard for corporate governance.Managers, confused about what investors really want, often find it difficult to reach informed decisions regarding business strategy, acquisitions and divestitures, financial structure, dividend policy, and executive compensation. But now an EVAr -based revolution is providing a practical framework that managers can use to build a premium-valued company. Bennett Stewart, III, author of The Quest for Value, is senior partner and cofounder.The Quest for Value is written for senior management, key operating people, and planning and financial staff. This bible of financial management will assist managers in goal setting, resource allocation, strategy development, valuation of acquisitions, financial policy setting, incentive compensation planning, and building shareholder value.The Quest for Value cuts sharply through the myths that to this day misinform corpo