Value by Richard Dobbs audiobook

Value: The Four Cornerstones of Corporate Finance

By Richard Dobbs , Bill Huyett , and Tim Koller
Read by Todd McLaren

Gildan Media 9780470424605

Unabridged

Format : Library CD (In Stock)
  • ISBN: 9798200555550

  • ISBN: 9798200555543

  • ISBN: 9798200555567

Runtime: 8.19 Hours
Category: Nonfiction/Business & Economics
Audience: Adult
Language: English

Summary

Summary

Value is intended to give managers an accessible and short guide to first the foundations and then the applications of corporate foundations. Not bogged down in math equations or heavy analysis, the book is a much more qualitative approach to what the authors consider a lost art. The first section discusses the four foundational principles of corporate finance: 1. Value is driven by growth, ROIC, and the sustainability of these; 2. Share price is driven by expectations for future performance; 3. Price is driven by the value conceived by others; and 4. One must use the pizza principal to decide whether value has really been created. The pizza principal says you can get more pizza by either making the pie bigger or by taking a share of other pies. The second section applies the theory of value creation to our economy. The authors argue that real value creation comes from innovation and competitive advantage, which manifests into high returns on capital and growth. In the third section of the book, the authors discuss ways to maintain and grow value through mergers, acquisitions, and portfolio management. The final section addresses how to ensure that your company has the right governance, performance measurement, and internal discussions to encourage value-creating decisions.

Reviews

Reviews

Author

Author Bio: Richard Dobbs

Author Bio: Richard Dobbs

Titles by Author

Author Bio: Bill Huyett

Author Bio: Bill Huyett

Titles by Author

Author Bio: Tim Koller

Author Bio: Tim Koller

Titles by Author

Author Bio: Tim McKinsey & Company Inc.

Author Bio: Tim McKinsey & Company Inc.

Titles by Author

Details

Details

Available Formats : CD, Library CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 8.19
Audience: Adult
Language: English