{"product_id":"focus-on-value-a-corporate-and-investor-guide-to-wealth-creation-hardback-9780471216582","title":"Focus on Value; A Corporate and Investor Guide to Wealth Creation (Hardback) 9780471216582","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFocus on Value\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eA Corporate and Investor Guide to Wealth Creation\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eEconomic profit is one of the most useful managerial tools as well as a key to understanding the valuation of companies. Focus on Value is an outstanding piece of work. It captures the full spectrum of the Metric Wars without ever confusing the reader. The serious student of economic profit will be richly rewarded by reading this excellent book from cover to cover. ( Mario A. Corti, Chairman and Chief Executive Officer, Swissair Group, Zurich)  \u003cp\u003eMessrs. Abate, and Grant have provided an analytical tool for corporate executives and investment managers which takes the concepts of economic profit and value maximization to the next level. ( Suresh Thadhani, Chief Financial Officer and Executive Vice President, Alcan, Inc.)\u003c\/p\u003e \u003cp\u003eThis book makes a real contribution to the most critical element in helping companies implement efficient capital resource allocation by highlighting the direct linkage between economic profit and stock price. (Jack Warner, Chairman, Kerry Inc.)\u003c\/p\u003e \u003cp\u003eThe authors have put together an excellent piece of work and finally provide readers seriously interested in applying economic profit with a practical, market-oriented approach to integrate the basic building blocks of economic profit with valuation and market expectations. (David King, Director of Research, North America, PricewaterhouseCoopers, Corporate Value Consulting)\u003c\/p\u003e \u003cp\u003e In an era of following the herd toward indexation and price momentum, it is refreshing to see thinking out of the box and substantiating the tenets of an investment process that equates value with real investment opportunity. (Eric Colson, Senior Vice President, Callan Associates)\u003c\/p\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJames L. Grant (Author), James A. Abate (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471216582, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 16 October 2001\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e200 pages, Exhibits: 77 B\u0026amp;W, 0 Color\u003cbr\u003e24 x 16.1 x 1.9 cm, 0.449 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003ePraise for Focus on Value\u003cbr\u003e \"Focus on Value-with its theoretical and practical focus on economic profit fundamentals-is a modern day 'Graham and Dodd' primer on company and equity securities analysis.\"-Robert S. Hamada, Edward Eagle Brown Distinguished Service Professor of Finance, The University of Chicago Graduate School of Business\u003cbr\u003e \"Now that investors have abandoned momentum and are migrating back to fundamental investing, the market has become a more rational place. This book is a manual for serious investors who believe that identifying growing corporate earning power is the foundation of value creation. Those following its precepts should minimize risk and be rewarded over the long term.\"-Byron R. Wien, Chief U.S. Investment Strategist, Morgan Stanley Dean Witter \u0026amp; Co.\u003cbr\u003e \"Economic profit is one of the most useful managerial tools as well as a key to understanding the valuation of companies. Focus on Value is an outstanding piece of work. It captures the full spectrum of the 'Metric Wars' without ever confusing the reader. The serious student of economic profit will be richly rewarded by reading this excellent book from cover to cover.\"-Mario A. Corti, Chairman and Chief Executive Officer, Swissair Group, Zurich\u003cbr\u003e \"Messrs. Grant and Abate have provided an analytical tool for corporate executives and investment managers which takes the concepts of economic profit and value maximization to the next level.\"-Suresh Thadhani, Chief Financial Officer and Executive Vice President, Alcan, Inc.\u003cbr\u003e \"This book makes a real contribution to the most critical element in helping companies implement efficient capital resource allocation by highlighting the direct linkage between economic profit and stock price.\"-Jack Warner, Chairman, Kerry Inc.\u003cbr\u003e \"The authors have put together an excellent piece of work and finally provide readers seriously interested in applying economic profit with a practical, market-oriented approach to integrate the basic building blocks of economic profit with valuation and market expectations.\"-David King, Director of Research, North America, PricewaterhouseCoopers, Corporate Value Consulting\u003cbr\u003e \"In an era of following the herd toward indexation and price momentum, it is refreshing to see thinking out of the box and substantiating the tenets of an investment process that equates value with real investment opportunity.\"-Eric Colson, Senior Vice President, Callan Associates\u003cbr\u003e www.wileyfinance.com\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eAbout the Authors.\u003cbr\u003e \u003cbr\u003e Preface.\u003cbr\u003e \u003cbr\u003e Reenergizing Economic Profit.\u003cbr\u003e \u003cbr\u003e The Tribes of Economic Profit.\u003cbr\u003e \u003cbr\u003e Basic Economic Profit Link to Valuation.\u003cbr\u003e \u003cbr\u003e Economic Profit View of Indexing and Equity Styles.\u003cbr\u003e \u003cbr\u003e Debunking Equity Style Fundamentals.\u003cbr\u003e \u003cbr\u003e Economic Profit Approach to Enterprise Valuation.\u003cbr\u003e \u003cbr\u003e Estimating the Return on Invested Capital.\u003cbr\u003e \u003cbr\u003e Economic Profit and the Cost of Capital.\u003cbr\u003e \u003cbr\u003e External Influence on Economic Profit.\u003cbr\u003e \u003cbr\u003e Strategic Role of Invested Capital Growth.\u003cbr\u003e \u003cbr\u003e Reconciling Market Implied Growth Expectations.\u003cbr\u003e \u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52516142022936,"sku":"9780471216582","price":29.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471216582.jpg?v=1786676643","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/focus-on-value-a-corporate-and-investor-guide-to-wealth-creation-hardback-9780471216582","provider":"Freshly Printed Books","version":"1.0","type":"link"}