Register your product to gain access to bonus material or receive a coupon.
Follow the Money: A Framework for Investors to Evaluate Management as Capital Allocators
- By Philip McCauley, Brett Neubert
- Published May 17, 2011 by FT Press. Part of the FT Press Delivers Shorts series.
eBook (Watermarked)
- Your Price: $4.79
- List Price: $5.99
- About Watermarked eBooks
This PDF will be accessible from your Account page after purchase and requires the free Adobe® Reader® software to read it.
The eBook requires no passwords or activation to read. We customize your eBook by discreetly watermarking it with your name, making it uniquely yours.
Description
- Copyright 2011
- Dimensions: 5-3/8" x 8-1/4"
- Edition: 1st
- eBook (Watermarked)
- ISBN-10: 0-13-266001-6
- ISBN-13: 978-0-13-266001-3
An objective framework for assessing management’s effectiveness in deploying capital to increase shareholder value.
Shareholders’ lack of direct control over cash flow represents a blind spot in traditional cash flow-based valuation. Management might deploy a company’s free cash flow in many ways that don’t add shareholder value. Management controls the balance sheet, retaining discretion over assets and power to borrow against future cash flows. This document will help investors evaluate management’s critical role as capital allocator.
More Information
Other Things You Might Like
Dark Side of Valuation, The: Valuing Young, Distressed, and Complex Businesses, 3rd Edition
- Book $47.99
Dark Side of Valuation, The: Valuing Young, Distressed, and Complex Businesses, 3rd Edition
- eBook (Watermarked) $38.39