Corporate value creation : an operations framework for nonfinancial managers / / Lawrence C. Karlson
| Corporate value creation : an operations framework for nonfinancial managers / / Lawrence C. Karlson |
| Autore | Karlson Lawrence C. <1942-> |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, , [2015] |
| Descrizione fisica | 1 online resource (650 p.) |
| Disciplina | 658.15 |
| Collana | Wiley Corporate F&A |
| Soggetto topico |
Corporations - Valuation
Corporations - Finance Stockholder wealth |
| ISBN | 1-119-00044-0 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| 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 |
| Record Nr. | UNINA-9910788107803321 |
Karlson Lawrence C. <1942->
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, , [2015] | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
Corporate value creation : an operations framework for nonfinancial managers / / Lawrence C. Karlson
| Corporate value creation : an operations framework for nonfinancial managers / / Lawrence C. Karlson |
| Autore | Karlson Lawrence C. <1942-> |
| Edizione | [1st edition] |
| Pubbl/distr/stampa | Hoboken, New Jersey : , : John Wiley & Sons, , [2015] |
| Descrizione fisica | 1 online resource (650 p.) |
| Disciplina | 658.15 |
| Collana | Wiley Corporate F&A |
| Soggetto topico |
Corporations - Valuation
Corporations - Finance Stockholder wealth |
| ISBN | 1-119-00044-0 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| 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 |
| Record Nr. | UNINA-9910810791303321 |
Karlson Lawrence C. <1942->
|
||
| Hoboken, New Jersey : , : John Wiley & Sons, , [2015] | ||
| Lo trovi qui: Univ. Federico II | ||
| ||