Based on seven
years of in depth research, Economic Value Management
is a must read for corporate board members, especially members of the
Audit Committee. Clear, thorough, easy to follow and rich with real-life
case examples and exhibits, this book takes value concepts to the next
level and offers practical approaches to get
behind the numbers and truly understand what is happening inside an
organization.
What is Economic Value Management?
Five Reasons to Employ Economic Value Management
Mary Schapiro, SEC chair: "Educated
investors are essential to successfully functioning capital markets. At
this critical time in our financial history, restoring the confidence in
our financial system lost over the past year will depend upon financial
advisers and investors truly understanding the companies they invest in.
As Economic Value Management shows, being educated means more than
understanding the unique language of the stock market, it is more than
reading a prospectus or an annual report, it is more than listening to an
analyst's opinions. Being educated requires a genuine understanding of the
value of a company."
From Harvard Business School's HBS Working Knowledge:
"Most corporate leaders and investors would agree at some level that
companies should be run for the long term, not just quarter by
quarter... As author Bloxham sees it, we all scurry around each day
checking off items on our to-do lists without lifting our heads to
see the big picture...Can the system be changed?... The book
outlines new methods for performance assessment, value-based
strategy, process, and technology, organizational structure, the
reward process, and training and communication. A good read for
managers who want to see the horizon as well as a foot in front of
them."
"An authoritative guide for corporate leaders who want to break out of
financial ratio boxes to build sustainable value."
Alexandra R. Lajoux, Editor in Chief of Director's Monthly and co-author
(with J. Fred Weston) of
The Art
of M&A: Financing and Refinancing
Selected as a late edition candidate for best books of
2002 by CEO Refresher
and chosen as a
Featured Book Recommendation by Harvard Business School's
HBS
Working Knowledge.
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