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Home > Business and Economics > Finance and accounting > Finance and the finance industry > Investment and securities > In Search of Shareholder Value: Managing the Drivers of Performance
In Search of Shareholder Value: Managing the Drivers of Performance

In Search of Shareholder Value: Managing the Drivers of Performance


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About the Book

Why is shareholder value so important? Any investor putting money into a company will expect a financial return as good, if not better, than they can obtain elsewhere. With widespread deregulation, and the availability of sophisticated financial information for investors, there is a new global imperative for business and managers alike: maximise value for shareholders.

About the Author :
Andrew Black is a director of the Value-Based Management/Mergers and Acquisitions Team in PricewaterhouseCoopers Management Consultancy Services. He has worked extensively on shareholder value models and their application to corporate clients. Previously he was an analyst and strategist for various banks and fund managers, and is the author of a number of articles and papers on subjects such as corporate governance and government industrial policy.  Philip Wright is the European Leader in PricewaterhouseCoopers for Financial Advisory Services (comprising mainly corporate finance and business recovery). Based in London, he has more than 20 years' experience on major international assignments in privatization, corporate finance, and shareholder value, including four years building the firm's German corporate finance business.  John Davies is a freelance journalist.

Review :
"Read this and never again will the financial reports from the markets go over your head." Business Money "In Search of Shareholder Value accumulates our global experience of helping companies to enhance shareholder value. CEOs, CFOs and other senior executives tell us that this continues to be a key priority. I believe this book demonstrates our commitment to contributing to their success." Jim Schiro, CEO, PricewaterhouseCoopers "This is very much a how to book, with plenty of original ideas. The application of its concepts should make a significant contribution to raising management performance." Sir Brian Pitman, Chairman, Lloyds TSB Group plc "SHV creation has become the flag waved by large corporates aiming to build international franchise through easier access to global financing. Philip Wright and Andrew Black enlighten the complexity of the concept... Their book provides an invitation to business managers to think how they may contribute to creating a sound and sustainable basis for economic growth within a balanced social organization." Gerard de la Martiniere, CFO, Axa "Traditional accounting methods do not allow proper assessment of intrinsic value of stocks. Cash is what counts! Value-based analysis is essential for investors to evaluate potential opportunities, and for corporates to run their business more efficiently. [This book] should contribute to make these necessary changes happen." Francois Langlade-Demoyen, Director of European Strategy, Credit Suisse First Boston "ABB has always supported the concept of shareholder value and the time is now right to focus on Value Based Management throughout the business. It provides a good health check for the organization and reassures shareholders that there is alignment of resources around a common goal." Renato Fassbind, CFO, ABB "Creating shareholder value is the objective of every company today. PricewaterhouseCoopers' experience in helping companies on this continuous journey is invaluable. Getting started on the process is sometimes mysterious. This book can help you begin the journey." Steven S. Reinemund, Chairman and CEO, Frito-Lay Inc. "In Search of Shareholder Value gave me the reasons and clear road map for the journey of introducing a value mindset and value management into TPG." Peter Braake, CFO, TPG


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Product Details
  • ISBN-13: 9780273650836
  • Publisher: FT Press
  • Publisher Imprint: FT Press
  • Height: 156 mm
  • No of Pages: 384
  • Spine Width: 28 mm
  • Weight: 717 gr
  • ISBN-10: 0273650831
  • Publisher Date: 03 Nov 2000
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: Managing the Drivers of Performance
  • Width: 233 mm


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