Valuation: Measuring and Managing the Value of Companies by McKinsey & Company, Inc., Tim Koller, Marc Goedhart, David Wessels

From the Publisher

The #1 guide to corporate valuation is now better than ever!

Hailed by financial professionals worldwide as the single best guide of its kind, Valuation provides crucial insights into how to measure, manage, and maximize a company's value. This long-awaited Third Edition has been updated and expanded to reflect business conditions in today's volatile global economy. In addition to all new case studies, it now includes in-depth coverage of real options and insurance companies, along with detailed instructions on how to drive value creation, and expert advice on how to manage difficult situations.

• Describes techniques for multibusiness valuations, valuation within an international context, and valuation for restructurings and mergers and acquisitions
• Includes a companion Web site featuring an interactive valuation-modeling application

Tom Copeland leads Monitor, Inc.'s corporate finance division. Previously, he was a partner at McKinsey & Company and a professor of finance at UCLA's Anderson School of Management. Tim Koller is a partner at McKinsey & Company specializing in restructuring, mergers and acquisitions, and corporate strategy. Jack Murrin is Senior Vice President of Travelers, Inc.

New York Times Book Review

THE #1 GUIDE TO CORPORATE VALUATION IS NOW BETTER THAN EVER! A 'how-to' guide for corporate executives who want to get at the unrealized shareholder values trapped in public companies.

What People Are Saying

J. Fred Weston
J. Fred Weston, Cordner Professor of Money and Financial Markets, Graduate School of Management, UCLA
This book on valuation represents fresh new thinking. The writing is clear and direct, combining the best academic principles with actual experience to arrive at value-increasing solutions.This book on valuation represents fresh new thinking. The writing is clear and direct, combining the best academic principles with actual experience to arrive at value-increasing solutions.

Product Details

• ISBN: 0471702188
  
• ISBN-13: 9780471702184
• Format: Hardcover, 739pp
• Publisher: Wiley, John & Sons, Incorporated
• Pub. Date: June 2005
• Edition Description: Updated Edition
• Edition Number: 44
• Sales Rank: 14,985
• Series: Wiley Finance, #294

• Table of Contents
• Read an Excerpt

Table of Contents

Read an Excerpt

In addition to all new case studies, Valuation now includes in-depth coverage on valuing dot.coms, cyclical companies, and companies in emerging markets, along with detailed instructions on how to drive value creation and apply real options to corporate valuation. Here is expert guidance that management and investment professionals and students alike have come to trust, including:

• Valuation's acclaimed chapter devoted to insights into the strategic advantages of value-based management
• Strategies for multibusiness valuation, and valuation for corporate restructuring, mergers, and acquisitions
• International comparisons of the cost of capital, differences in accounting procedures, and how valuation works in different countries
• Detailed, actual case studies showing how valuation techniques and principles are applied This timeless, respected book on valuation allows you to face the crossroads where corporate strategy and finance meet with more confidence and winning strategies than ever before.

Please visit us at www.WileyValuation.com

WileyValuation.com is a premier Web site devoted to all things valuation. At this unique online community for financial professionals, you will enjoy the following features:

• New information on valuation topics and links to key valuation sites
• Valuation message boards and chats
• Downloadable valuation spreadsheets