ESCP Europe

This book provides crucial insights into how to measure, manage, and maximize a company's value. It is organized into three parts. Part one provides a managerial perspective on valuation and managing shareholder value : the value manager, fundamental principles of value creation, mergers, acquisitions, joint ventures, ... ; part two is a step-by-step approach to valuing a company : cash flow valuations, historical performance, cost of capital, ... ; part three deals with more complex valuation issues and special cases : multibusiness companies, foreign subsidiaries, valuation outside the United States, in emerging markets, banks, insurances companies, ...