Written for senior management, key operating people, and planning and financial staff, The Quest For Value will assist managers in goal setting, resource allocation, strategy development, valuation of acquisitions, financial policy setting, incentive compensation planning, and building shareholder value.
The Quest For Value cuts sharply through the myths that to this day misinform corporate strategists in their pursuit of shareholder value.
Laying waste to inaccurate , yet widely used, methods of performance, Stewart demonstrates how the Stern Stewart value-oriented approach not only creates greater shareholder value, but provides a powerful framework for the broadest range of corporate decision making.
"The Quest For Value is a stimulating and insightful presentation of financial issues facing every CEO in the 1990s."
- J.Ira Harris, General Partner, Lazard Freres & Co.
"The Quest For Value is the definitive handbook on how to enhance shareholder value. It provides senior managers with practical goals and guidelines to create value for their shareholders and for themselves."
- James S. Schiro, Vice Chairman, Price Waterhouse
2. Market Myths
3. Market Reality
4. The EVA Financial Management System
5. The Stern Stewart Performance 1000
6. Making Managers into Owners
7. Valuation Concepts
8. The Valuation Contest
9. Acquisitions Pricing and Planning
Part Two - Static Finance
10. Financial Planning
11. Financing Instruments
12. The Cost of Capital
Part Three - Dynamic Finance
13. Financial Restructuring
14. Remaking the Public Corporation From Within
Part Four - The Capstone Case
15. A Recipe for Reviving The Campbell Soup Company