Author Description

"Modern finance theory suggests that the primary objective of a firm should be to maximise shareholder wealth. Increasingly firms are targeting the creation of value for shareholders as their principal aim." "This book examines, in a balanced and objective fashion, the recent development of VBM, the principles on which it is based and the primary techniques that it involves. It provides sophisticated analysis of existing techniques based on up-to-date research, and goes far beyond the various introductory and how-to-do-it books currently available."--Jacket.