About the Book :
In order to be a successful CEO or corporate strategist, or an analyst properly valuing competing firms, Damodaran on Valuation stands out as the most comprehensive book on these subtle but critical valuation questions. Now completely revised and updated, it is the ideal book on valuation for CEOs and corporate strategists, and a perfect complement to the widely popular nuts and bolts valuation classic, Investment Valuation 2/e. Damodaran on Valuation will not only convince you of the vitality of the many valuation models available to you, it will help ensure that you develop the acumen needed for the most complex and subtle valuation scenarios.
About the Author :
Aswath Damodaran is Professor of Finance at New York Universitys Leonard N. Stern School of Business. He has been the recipient of numerous awards for outstanding teaching, including the NYU university-wide Distinguished Teaching Award, and was named one of the nations top business school teachers by Business Week in 1994. In addition, Damodaran teaches training courses in corporate finance and valuation at many leading investment banks. His publications include Investment Valuation; Corporate Finance; Investment Management; Investment Philosophies; and Applied Corporate Finance, all published by Wiley, and The Dark Side of Valuation and Investment Fables.
Interesting Facts :
A widely popular book on valuation, completely revised with stronger content covering the most qualitative and subtle topics in valuation. Books new emphasis is on corporate strategy and more difficult, qualitative valuation issues (such as the value of transparency in corporate disclosures to shareholders, the value of a CEO and management team, value of good corporate ethics, value of sound environmental policy, etc.)Fresh real world examples and new valuation tools and issues are addressed, to reflect the more complex realities of corporate and investment valuation in todays marketplace.Valuation content is now targeting the essential big picture issues faced by CEOs and corporate strategists, such as understanding the links between corporate strategy and value, marketing and value, transparency and value, brands and value, and operational efficiency and value.Clear differentiation with Investment Valuation 2/e: Investment Valuation has become the "nuts and bolts" investment valuation book of choice for number crunching analysts and students, and Damodaran on Valuation 2/e becomes the corporate strategy valuation book geared directly CEOs, senior managers, and corporate strategists.
Introduction to ValuationEstimating Discount RatesMeasuring Cash FlowsForecasting Cash FlowsEquity Discounted Cash Flow ModelsFirm Valuation ModelsRelative Valuation: First PrinciplesEquity MultiplesValue MultiplesCash, Cross Holdings and Other AssetsEmployee Equity Options and CompensationThe Value of IntangiblesThe Value of ControlThe Value of LiquidityThe Value of SynergyThe Value of TransparencyThe Cost of DistressClosing Thoughts