Capital Allocation and Value Creation: A Market-Based Framework for Executives
English | 2023 | ISBN: 3031470478 | 302 Pages | PDF EPUB (True) | 18 MB
English | 2023 | ISBN: 3031470478 | 302 Pages | PDF EPUB (True) | 18 MB
By adopting a practical, market-oriented approach to capital allocation, this book sheds light on the complex issue of cash flow deployment and the creation of shareholder value. In order to run a company efficiently, it is not sufficient to simply be a competent businessperson. One must also possess the skills of a knowledgeable investor. The management must determine where to invest capital given the diverse range of investment options available, such as mergers and acquisitions (M&A), dividends, share repurchase programs, and organic growth opportunities.