Strategic financial management: managing for value creation

Chapter 1: Corporate Valuation: A Primer
Chapter 2: Corporate Objective
Chapter 3: Performance Measurement and Analysis
Chapter 4: Strategy and Business Model
Chapter 5: Capital Allocation
Chapter 6: Strategic Financing Decisions
Chapter 7: Organizational Architecture
Chapter 8: Cost Management
Chapter 9: Corporate Risk Management
Chapter 10: Mergers, Acquisitions, and Restructuring
Chapter 11: Corporate Governance

OVERVIEW
From the 1980 onwards, there has been a remarkable transformation in the global business and financial scene, thanks to deregulation, liberalization, globalization, automation, privatization, and the ascendance of the services sector.
In the wake of these developments, competition has intensified, investment and financing avenues have expanded, corporates have grown in size and complexity, capital has become more mobile, institutional investors (who are, in general, more demanding than individual investors) have become an important force, financial prices have become more volatile, and intangible assets have assumed greater significant.
In response to these opportunities and challenges, shareholder value has become the central corporate agenda and corporates are becoming more focused on value creation.


In this context, every manager would like to learn about the key levers of value creation. The thrust of this book is on discussing the eight levers of value creation reflected in what the author calls the ‘Value Octagon,’ comprising strategy and business model; capital allocation; strategic financing decisions; organizational architecture; cost management; corporate risk management; mergers, acquisitions and restructuring; and corporate governance.