Why the Biggest and Best Struggle to Grow

The largest companies eventually find size itself an impediment to creating new value. They must recognize that not all forms of growth are equal.

All P/Es Are Not Created Equal

High price-to-earnings ratios are about more than growth. Understanding the ingredients that go into a strong multiple can help executives make the most of this strategic tool.

Where Mergers Go Wrong

Most buyers routinely overvalue the synergies to be had from acquisitions. They should learn from experience.