Strategy, Value and Risk [electronic resource] : A Guide to Advanced Financial Management /
Rogers, J.author.
Updated and revised, the third edition frames strategy as delivering firm value in both the short and long term while maintaining a sustainable competitive advantage. These issues are examined through industry evolution, the rise of the information economy, financial analysis, corporate and quantitative finance, and risk management concepts.
Description based upon print version of record.
""Cover""; ""Half-Title""; ""Title""; ""Copyright""; ""Contents""; ""List of Figures and Tables""; ""Preface""; ""Acknowledgments""; ""List of Acronyms""; ""Introduction""; ""The external environment""; ""Strategy, value and risk""; ""References""; ""Part I The Evolution of Strategy, Value and Risk""; ""1 Strategy""; ""1.1 Innovation and the entrepreneur""; ""1.2 The evolution of industry sectors""; ""1.3 From corporate planning to shareholder value""; ""1.4 Strategy and value""; ""Appendix -- classifying industry sectors today""; ""References""; ""2 Value""; ""Overview""
""2.1 The accounting foundations""""2.2 Stocks and flows""; ""2.3 Ratio analysis""; ""2.4 Investments""; ""2.5 Firm value""; ""2.6 Optimizing the firm structure""; ""Appendix -- modularity""; ""References""; ""3 Risk""; ""3.1 Investment risk""; ""3.2 Why manage risk""; ""3.3 Defining and measuring risk""; ""3.4 The risk drivers""; ""3.5 Value and risk""; ""References""; ""Part II The Analysis of Performance and Investments""; ""4 The Analysis of Performance""; ""4.1 Valuation""; ""4.2 Residual earnings""; ""4.3 Free cash flows""; ""4.4 Pro forma analysis""; ""References""
""5 The Analysis of Investments""""Introduction""; ""5.1 Software""; ""5.2 Energy""; ""5.3 The pharmaceutical industry""; ""5.4 A growth firm""; ""5.5 Firm abandonment""; ""5.6 The sale of corporate real estate assets""; ""References""; ""Part III Quantitative Analytics and Methods""; ""6 Data Analysis""; ""6.1 Data and information""; ""6.2 Time series analysis""; ""6.3 Volatility""; ""6.4 The lognormal distribution""; ""6.5 Which volatility?""; ""References""; ""7 Derivatives""; ""7.1 Futures, forwards and options""; ""7.2 The replicating portfolio and risk-neutral valuation""
""References""""8 Option Pricing Methods""; ""8.1 A model for asset prices""; ""8.2 The Black--Scholes formula""; ""8.3 Numerical techniques""; ""References""; ""9 Implementing Derivative Models""; ""9.1 Spot price models""; ""9.2 Forward curve models""; ""9.3 Alternative real options methods""; ""9.4 Model risk""; ""9.5 Real options portfolios and complex payoffs""; ""Appendix -- parameter estimation for the Heston stochastic volatility model""; ""References""; ""10 Conclusion and Practical Implications""; ""References""; ""Index""
Includes bibliographical references and index.
Updated and revised, the third edition frames strategy as delivering firm value in both the short and long term while maintaining a sustainable competitive advantage. These issues are examined through industry evolution, the rise of the information economy, financial analysis, corporate and quantitative finance, and risk management concepts.
Leadership.
Accounting.
Bookkeeping .
Risk management.
Capital market.
Economics.
Management science.
Finance, Public.
Business Strategy/Leadership.
Accounting/Auditing.
Risk Management.
Capital Markets.
Economics, general.
Public Finance.