McKinsey's Trusted Guide to Teaching Corporate Valuationis Back and Better than Ever Designed for classroom use, Valuation, University EditionFifth Edition is filled with the expert guidance from McKinsey& Company that students and professors have come to trust.Fully Revised and Updated, NEW FEATURES to the Fifth Editioninclude: * ALL NEW CASE STUDIES that illustrate how valuation techniquesand principles are applied in real-world situations * NEW CONTENT on the strategic advantages of value-basedmanagement * EXPANDED to include advanced valuation techniques * UPDATED to reflect the events of the real estate bubble and itseffect on stock markets, new developments in corporate finance,changes in accounting rules, and an enhanced globalperspective Valuation, Fifth Edition remains true to its roots with asolid framework for valuation through key concepts such as: * Analyzing historical performance, including reorganizing acompany's financial statements to reflect economic rather thanaccounting performance * Forecasting performance, with emphasis on not just themechanics of forecasting but also how to think about a company'sfuture economics * Estimating the cost of capital with practical tips that aren'tfound in textbooks * Interpreting the results of a valuation in light of a company'scompetitive situation * Linking a company's valuation multiples to the core drivers ofits performance. The University Edition contains the same key chapters asValuation Fifth Edition but expands on them to enhanceclassroom application with End of Chapter Summaries and ReviewQuestions to help students master key concepts from each chapterbefore moving on to the next. For professors, Wiley offers an Online Instructor's Manualwith a full suite of resources exclusive to adopting professors.Contact your rep for more information.weiterlesen