Valuation: Measuring and Managing the Value of Companies, Fourth Edition

David received his PhD from the University of California at Los Angeles.. He received a PhD in finance from Erasmus University Rotterdam.David Wessels is an adjunct Professor of Finance and director of executive education at the Wharton School of the University of Pennsylvania. Named by BusinessWeek as one of America's top business school instructors, he teaches c

Excellent new edition of one of the best valuation texts around C. Ang The 6th edition is still an excellent valuation textbook. I've read every edition since the third, and I think Koller et al. doed a good job describing and explaining the valuation process from a fundamentally sound perspective. Many valuation textbo. John Stricklett said The best corporate finance book.. Though more colloquially written than a textbook, this book has been more interesting and helpful than any corporate finance textbook I've read. Strongly recommended for those who already know what's in the standard corporate finance textbook but wou. Love the content, The book is well written but is geared for executives with mid level accounting and finance. I am very much a fan of the book itself, but not the Kindle format. I would highly recommend people buy the print copy and not the kindle version due to the

S. If you want to hone your valuation skills today and improve them for years to come, look no further than the Fourth Edition of Valuation.. It contains a solid framework for valuation:Analyzing historical performance, including reorgan-izing a company's financial statements to reflect economic rather than accounting performanceForecasting performance, with emphasis on not just the mechanics of forecasting but also how to think about a company's future economicsEstimating the cost of capital with practical tips that aren't found in textbooksInterpreting the results of a valuation in light of a company's competitive situationLinking a company's valuation multiples to the core drivers of its performanceValuation, Fourth Edition remains true to its roots with an extensive discussion on the complexity of measuring corporate performance to assess historical financial results properly and to gain insight int

This edition contains the solid framework that managers at all levels, investors, and students have come to trust.. and IFRS), and an enhanced global perspective. Valuation provides up-to-date insights and practical advice on how to create, manage, and measure an organization's value. Hailed by financial professionals worldwide as the single best guide of its kind, Valuation, Fourth Edition is thoroughly revised and expanded to reflect business conditions in today's volatile global economy. S. Along with all-new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect the events of the Internet bubble and its effect on stock markets, new developments in academic finance, changes in accounting rules (both U