Sources of Value: A Practical Guide to the Art and Science of Valuation
Autor Simon Woolleyen Limba Engleză Hardback – 13 mai 2009
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Specificații
ISBN-13: 9780521519076
ISBN-10: 0521519071
Pagini: 642
Ilustrații: 49 figures
Dimensiuni: 185 x 254 x 35 mm
Greutate: 1.41 kg
Ediția:New.
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom
ISBN-10: 0521519071
Pagini: 642
Ilustrații: 49 figures
Dimensiuni: 185 x 254 x 35 mm
Greutate: 1.41 kg
Ediția:New.
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom
Cuprins
List of figures; Preface; Acknowledgements; Part I. The Financial Building Blocks: 1. Economic value; 2. Financial markets; 3. Understanding accounts; 4. Planning and control; 5. Risk; Part II. The Three Pillars of Financial Analysis: Overview; 6. Modelling economic value; 7. Sources of value; 8. What sets the share price? Where from, where to?; Part III. Three Views of Deeper and Broader Skills: 9. Cost of capital; 10. Valuing flexibility; 11. When value is not the objective; Overall conclusions; Appendices: I. Suggested answers to individual assignments; II. Bibliography; III. Glossary; IV. Index; V. Annotated bibliography.
Recenzii
'If you want to calculate present values, turn on a computer. If you want to understand present values, and also know how to know when a calculated value is likely to disappoint, read this book.' Stewart C. Myers, Massachusetts Institute of Technology
'Recent problems in the financial sector, arising in part from the pursuit of growth without underlying value, should remind us of the importance of understanding the driving forces of value creation. Simon Woolley's Sources of Value approach throws light on this question in a deep yet practical way. The author is a thoughtful and experienced practitioner and his book draws on this to offer insights into the key features of value creating strategies. As well as providing a readily assimilable yet thorough grounding for beginners, Sources of Value contains nuggets which will be appreciated by the most seasoned of practitioners.' John Buchanan, Board member of AstraZeneca, BHPBilliton, Smith & Nephew, and Vodaphone, formally Group CFO, BP
'I firmly believe that a sound grasp of the theoretical underpinnings improves decision making greatly. Simon Woolley's book offers real help here. It brings financial theory to life in a practical way and offers some deep and new insights into the topic of shareholder value creation.' Chris Gibson-Smith, Chairman, London Stock Exchange
'Recent problems in the financial sector, arising in part from the pursuit of growth without underlying value, should remind us of the importance of understanding the driving forces of value creation. Simon Woolley's Sources of Value approach throws light on this question in a deep yet practical way. The author is a thoughtful and experienced practitioner and his book draws on this to offer insights into the key features of value creating strategies. As well as providing a readily assimilable yet thorough grounding for beginners, Sources of Value contains nuggets which will be appreciated by the most seasoned of practitioners.' John Buchanan, Board member of AstraZeneca, BHPBilliton, Smith & Nephew, and Vodaphone, formally Group CFO, BP
'I firmly believe that a sound grasp of the theoretical underpinnings improves decision making greatly. Simon Woolley's book offers real help here. It brings financial theory to life in a practical way and offers some deep and new insights into the topic of shareholder value creation.' Chris Gibson-Smith, Chairman, London Stock Exchange
Notă biografică
Descriere
An experienced senior practitioner shares the secrets of both the science and the art of financial decision making.