1.

Record Nr.

UNINA9910810791303321

Autore

Karlson Lawrence C. <1942->

Titolo

Corporate value creation : an operations framework for nonfinancial managers / / Lawrence C. Karlson

Pubbl/distr/stampa

Hoboken, New Jersey : , : John Wiley & Sons, , [2015]

©2015

ISBN

1-119-00044-0

Edizione

[1st edition]

Descrizione fisica

1 online resource (650 p.)

Collana

Wiley Corporate F&A

Disciplina

658.15

Soggetti

Corporations - Valuation

Corporations - Finance

Stockholder wealth

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Corporate Value Creation; Contents; Preface; Acknowledgments; Foreword; Chapter 1: Basic Concepts; Introduction; Financial Statements; The Income Statement; The EBITDA, EBIT, EBT, and Net Income Relationships; Special Case: Ignoring the Interest Component; Example 1-1: Calculating Net Income; Why EBITDA?; Industry Multiple; Example 1-2: Using EBITDA to Value a Company; The Balance Sheet; Return on Capital Employed; Capital Employed; Example 1-3: Calculating ROCE; Drivers of Return on Capital Employed; Working Capital; Example 1-4: Calculating the Working Capital for a Company

Example 1-5: Calculating the Change in Working CapitalThe Cash Flow Statement; What Drives Cash Flow and Value?; Defining Cash Flow; Investments and Cash Flow after Investing Activities; Example 1-6: Calculating CFaIA and CGU; Required Revenue for a Given Level of Net Income; Example 1-7: Calculating Required Revenue; Case Study: Advanced Solar Systems Corporation; Chapter 2: The Envelope Equations; Introduction; ROCE and NiROCE; Underlying Assumptions; Applying the Equations; Net Investments; Investment Rate; Special Case: Constant Investment Rate

Incorporating the IR and NiROCE into the Expression for Net IncomeIncorporating IR into the Expression for Cash Flow after Investing Activities; NI and CFaIA-A Sequential Year-by-Year Analysis;



Net Investment (NetInvest) Model or Form; Investment Rate (IR) Model or Form; NI and CFaIA-The General Model; Special Case: Constant Investment Rate and Net Income Return on Capital Employed; Special Case: Focus on Operational Cash Flows; Estimating Growth Rates of Cash Flow after Investing Activities and Net Income; Growth Rate of CFaIAg with Constant IR and NiROCE; Growth Rate of Net Income (NIg)

Net Income Growth Rate (NIg) with Constant IR and NiROCEEnvelope Equations Methodology for Estimating Net Income, Cash Flow after Investing Activities, and Growth Rates; Required Revenue Revisited; Growing the Net Income; Case Study: American Technology Corporation; Chapter 3: The Weighted Average Cost of Capital; Why Is a Company's Weighted Average Cost of Capital Important?; Weighted Average Cost of Capital Defined; Operating and Capital Leases; Weighting of the Components of Capital Structure; Market Value of Debt and Equity; Public Companies; Non-Public Companies or Business Units

Impact of Taxes on the Weighted Average Cost of CapitalEstimating the Cost of Debt and Equity and the Capital Asset Pricing Model; General Equations for Estimating the WACC for a Company with One Class of Debt and Equity; Levered and Unlevered Betas; Estimating Beta for Non-Public Companies or Business Units; Industry Comparisons; Comparable Companies; Significance and Uses of the WACC; Rate of Return from a Project or Investment = WACC; Rate of Return from a Project or Investment  WACC; Origin of the Coefficients Used in Calculating a WACC

Multiple Hurdle Rates

Sommario/riassunto

A detailed crash course in business management for value creation  Corporate Value Creation provides an operations framework that management can use to optimize the impact decisions have on creating value by growing revenue and profitability. Designed to assist professionals without a strong business or financial education, this book provides a thorough understanding of the qualitative and quantitative aspects of managing a business for the purpose of value creation. Readers will find detailed information on financial reports, valuation, modeling and forecasting, and more, including discussion



2.

Record Nr.

UNINA9910818693103321

Autore

Howe Jan Niklas

Titolo

Monstrosität : abweichungen in literatur und wissenschaften des 19. jahrhunderts / / Jan Niklas Howe

Pubbl/distr/stampa

Berlin, [Germany] ; ; Boston, [Massachusetts] : , : De Gruyter, , 2016

©2016

ISBN

3-11-047841-2

3-11-047886-2

Descrizione fisica

1 online resource (240 p.)

Collana

WeltLiteraturen =, , 2198-9370 ; ; Band 10 World Literatures

Classificazione

EC 2490

Disciplina

809

Soggetti

Literature - History and criticism

Literature - History and criticism - 19th century

Modernism (Literature)

Lingua di pubblicazione

Tedesco

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Frontmatter -- Dank -- Inhalt -- 1. Man sieht sie nicht mehr -- 2. Teratologische Folgerungen -- 3. Defiguration, Refiguration: E. T. A. Hoffmann -- 4. Psychiatrische Defiguration -- 5. Der Monolog des Triebs: Edgar Allan Poe -- 6. Perfektion und Caprice -- 7. Deviantes Self-Fashioning: Henry James -- Das Monströse überlebt seine Banalisierung -- Bibliographie -- Index

Sommario/riassunto

"The study examines the parallel emergence of a new paradigm of deviation in literature and science. From Hoffmann and Poe to Henry James, from medical teratology and early psychiatry to the theory of evolution, the book traces the development of a modern dialectic of the defiguration and refiguration of monstrous forms."--



3.

Record Nr.

UNINA9910969850003321

Autore

Bell Gerwin

Titolo

The Size of Government and U.S.-European Differences in Economic Performance / / Gerwin Bell, Norikazu Tawara

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

9786612843129

9781462337613

1462337619

9781452702650

1452702659

9781451872392

1451872399

9781282843127

1282843125

Edizione

[1st ed.]

Descrizione fisica

1 online resource (53 p.)

Collana

IMF Working Papers

Altri autori (Persone)

TawaraNorikazu

Disciplina

332.1

Soggetti

Economic development - Political aspects

Economic stabilization - Econometric models

Demand and Supply of Labor: General

Fiscal Policy

Income economics

Labor Economics Policies

Labor economics

Labor Economics: General

Labor market policy

Labor market

Labor markets

Labor supply

Labor

Labour

Macroeconomics

Manpower policy

Marginal effective tax rate

Public finance & taxation

Tax administration and procedure

Tax policy

Taxation

Taxation, Subsidies, and Revenue: General



United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. The Basic Model; Tables; 1. GDP Level Accounting relative to the U.S; III. The Economic Effects of Government; A. The Base Case; B. The Welfare Effect of Government in International Perspective; Figures; 1. Key Parameters of the Baseline Model by Country, 1970-2001; C. Assessing the Fit of the Model; 2. Incremental Welfare Improvement for Different Tax Policies; D. Different Preference Structures; 3. Goodness of Fit over the Period 1970-99; IV. A Role for Efficiency-Enhancing Government; A. Frictions in the Labor Market; 4. Goodness of Fit of the Friction Model

B. Labor Market Frictions, Productivity, and Policy 2. Calibrated Vacancy Cost and Match Productivity (1990-99); 3. Bivariate Relations between Labor Market Policies and Efficiency; 5. OLS Regression of Labor Market Efficiency Indicators and Policies; V. Concluding Remarks; References; Appendices; I. Labor Supply in Balanced Growth Models; II. Analysis of Welfare Effects of Different Government Size; III. Introducing Risk Aversion and Capital; IV. Calibrating Labor Market Search Frictions for European Countries Using a Search Model

Sommario/riassunto

An influential strand of recent research has claimed that large governments in European countries explain their weaker long-term economic performance compared to the U.S. On the other hand, despite these alleged costs, large governments have been popular with electorates. This paper seeks to shed light on this apparent inconsistency; it confirms an adverse effect of taxes on labor supply, but also finds evidence of efficiency-increasing government intervention. However, and especially in the core "Rhineland-model" European countries, actual government policies often depart from such efficient interventions, pointing to the possibility that voters prefer redistribution even at the cost of allocational efficiency.