Value: The Four Cornerstones of Corporate Finance

by Bill Huyett, Richard Dobbs, and Tim Koller
Value: The Four Cornerstones of Corporate Finance cover
Good Books rating 4.0
Business and Economics
Technical
  • ID: 5080
  • Added: 2025-10-22
  • Updated: 2025-10-22
  • ISBN: 9780470949085
  • Publisher: John Wiley & Sons
  • Published: 2010-10-26
  • Reviews: 3

Value is an essential guide for managers seeking to understand the core principles of corporate finance without getting lost in complex numbers. Written by experts at McKinsey & Company, this book takes a qualitative approach to the often-overlooked art of value creation. It explores the four foundational principles of corporate finance, applying them to the modern economy and providing practical advice on maintaining and growing value through mergers, acquisitions, and portfolio management. Beyond theory, Value delves into the practical aspects of corporate governance, performance measurement, and internal discussions that foster value-creating decisions. It serves as a perfect companion to the Fifth Edition of Valuation, offering a comprehensive perspective on the issues associated with corporate finance.

Reviews
European Business Review · Tim Koller, Richard Dobbs, and Bill Huyett · 2024-10-05
great 4.00

The book is noted for its practical insights into creating shareholder value, making it a valuable read for executives. The principles discussed are seen as actionable and relevant to modern business challenges.

Executives and business leaders find this book particularly useful due to its focus on practical strategies for creating value. The authors provide a clear framework that can be applied to real-world business decisions, making it a go-to resource for those in leadership roles. The book's emphasis on the four cornerstones of corporate finance offers a structured approach to understanding and implementing value creation strategies. While some readers might find the content somewhat basic, the clarity and applicability of the principles make it a worthwhile read.

Quick quotes

    Most executives have figured out how to create value for shareholders through experience, but this book provides a structured approach.

    The principles discussed are seen as actionable and relevant to modern business challenges.

    The book's emphasis on the four cornerstones of corporate finance offers a structured approach to understanding and implementing value creation strategies.

McKinsey & Company · 2010-11-01
excellent 4.50

The book is commended for its comprehensive coverage of corporate finance principles, making it a valuable resource for executives. The conservation-of-value principle is particularly noted as a useful tool for decision-making.

This book is highly regarded for its thorough exploration of corporate finance principles, providing executives with a robust framework for decision-making. The conservation-of-value principle is highlighted as an excellent reality check for ensuring that acquisitions create value for shareholders. The book's structured approach and practical insights make it a valuable resource for those involved in strategic financial decisions. While some readers might find the content dense, the depth of information and the practical applications discussed make it a worthwhile investment for professionals in the field.

Quick quotes

    The conservation-of-value principle is an excellent reality check for executives who want to make sure their acquisitions create value for their shareholders.

    The book's structured approach and practical insights make it a valuable resource for those involved in strategic financial decisions.

    The depth of information and the practical applications discussed make it a worthwhile investment for professionals in the field.

Goodreads · 2010-10-19
good 3.50

This book is praised for its accessible approach to complex corporate finance topics, making it suitable for both professionals and students. The practical examples and clear explanations are particularly highlighted as strengths.

Many readers appreciate how this book breaks down intricate financial concepts into understandable segments. The use of real-world examples and case studies helps illustrate the theoretical points effectively. However, some feel that the book could delve deeper into certain advanced topics, but overall, it serves as a solid introduction to corporate finance principles. The authors' expertise shines through, providing a reliable resource for those looking to grasp the fundamentals of value creation in business.

Quick quotes

    An accessible guide to the essential issues of corporate finance.

    The practical examples and clear explanations are particularly highlighted as strengths.

    The authors' expertise shines through, providing a reliable resource.

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