Valuation Methods and Shareholder Value Creation

Author:   Pablo Fernandez (IESE Business School, University of Navarra, Madrid, Spain)
Publisher:   Elsevier Science Publishing Co Inc
ISBN:  

9780122538414


Pages:   631
Publication Date:   11 September 2002
Format:   Hardback
Availability:   Out of print, replaced by POD   Availability explained
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Valuation Methods and Shareholder Value Creation


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Full Product Details

Author:   Pablo Fernandez (IESE Business School, University of Navarra, Madrid, Spain)
Publisher:   Elsevier Science Publishing Co Inc
Imprint:   Academic Press Inc
Dimensions:   Width: 15.20cm , Height: 3.60cm , Length: 22.90cm
Weight:   1.010kg
ISBN:  

9780122538414


ISBN 10:   0122538412
Pages:   631
Publication Date:   11 September 2002
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of print, replaced by POD   Availability explained
We will order this item for you from a manufatured on demand supplier.

Table of Contents

Basic Concepts; Company Valuation Methods; Price-Earnings Ratio, Profitability, Cost of Capital, and Growth; Splitting the Price-Earnings Ratio: Franchise, Growth, Interest, and Risk Factors; Market Value and Book Value; Dividends and Market Value; Interest Rates; Valuation Using Multiples; Cash Flow and Net Income; Inflation and Value; Cost of Equity; Valuations of Internet Companies; Proposed Measures of Value Creation, Economic Profit, MVA, CVA, CFROI, and TSR; EVA, Economic Profit, and Cash Value Added do not Measure Shareholder Value Creation; The RJR Nabisco Valuation; Valuation and Value Creation in Internet-Related Companies; Discounted Cash Flow Valuation Methods; Optimal Capital Structure; Financial Literature about Discounted Cash Flow Valuation; Application of the Different Theories to RJR Nabisco; Eight Methods and Seven Theories for Valuing Companies by Cash Flow Discounting; Real Options; Valuation of Brands and Intangibles; Appendix A: Capital Asset Pricing Model (CAPM).

Reviews

This book is an impressive synthesis of sound theory and best practice, accessible to the novice and yet of such depth as to be compelling to the advanced practitioner. It is an important addition to the professional library of both the aspirant to senior executive positions, and to the finance specialist. Acquire it without hesitation. --Robert F. Bruner, Distinguished Professor of Business Administration and Executive Director of the Batten Institute, University of Virginia, Charlottesville Pablo Fernandez's Valuation Methods and Shareholder Value Creation is an ambitious and comprehensive managerial treatment of valuation. Valuing projects and firms is critical to the work of executives, investors, bankers and others, and this book provides these decision-makers with a valuable road map through this difficult terrain. --Peter Tufano, Sylvan C. Coleman Professor of Financial Management and Chair, Finance Area, Harvard Business School


This book is an impressive synthesis of sound theory and best practice, accessible to the novice and yet of such depth as to be compelling to the advanced practitioner. It is an important addition to the professional library of both the aspirant to senior executive positions and to the finance specialist. Acquire it without hesitation. -Professor Robert F. Bruner, University of Virginia, U.S.A. Pablo Fernandez's Valuation Methods and Shareholder Value Creation is an ambitious and comprehensive managerial treatment of valuation. Valuing projects and firms is critical to the work of executives, investors, bankers, and others, and this book provides these decision-makers with a valuable road map through this difficult terrain. -Professor Peter Tufano, Harvard Business School, Boston, U.S.A.


This book is an impressive synthesis of sound theory and best practice, accessible to the novice and yet of such depth as to be compelling to the advanced practitioner. It is an important addition to the professional library of both the aspirant to senior executive positions, and to the finance specialist. Acquire it without hesitation. --Robert F. Bruner, Distinguished Professor of Business Administration and Executive Director of the Batten Institute, University of Virginia, Charlottesville Pablo Fernandez's Valuation Methods and Shareholder Value Creation is an ambitious and comprehensive managerial treatment of valuation. Valuing projects and firms is critical to the work of executives, investors, bankers and others, and this book provides these decision-makers with a valuable road map through this difficult terrain. --Peter Tufano, Sylvan C. Coleman Professor of Financial Management and Chair, Finance Area, Harvard Business School


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