The Four Cornerstones of Corporate Finance

The four cornerstones of corporate finance start with the axiom that companies exist to meet customer needs in a way that translates into reliable returns to investors. Together, the cornerstones form a foundation upon which executives can ground decisions about strategy, M&A, budgets, financial policy, technology, and performance measurement—even as markets, economies, and industries change around them.

Modernizing the Board’s Role in M&A

Active involvement can help companies capture more value—and develop a competitive advantage in deal making.

Finding the Courage to Shrink

Spinning off businesses can have real advantages in creating value—if executives understand how.

How CFOs can Keep Strategic Decisions on Track

The finance chief is often well placed to guard against common decision-making biases.

The CEO’s Guide to Corporate Finance

Four principles can help you make great financial decisions—even when the CFO’s not in the room.

Richard Dobbs, Bill Huyett, and Tim Koller

No business has an inherent value in and of itself; it has a different value to different owners or potential owners—a value based on how they manage it and what strategy they pursue.

Extreme Competition

The forces of globalization, technology, and economic liberalization are combining to make life harder than ever for established companies.