Drivers of Value: Do You Have What It Takes?
Numbers Investors Can Trust
What counts isn’t the bottom line but rather how it is calculated.
Content: Article | Author: Tim Koller | Source: McKinsey Quarterly | Subjects: Accounting, Finance | Industry: Investing
Time for CFOs to step up
As investors home in on business fundamentals and credible accounting, the CFO’s traditional oversight of planning and performance takes on new urgency.
Content: Article | Authors: Jonathan Peacock, Tim Koller | Source: McKinsey Quarterly | Subjects: Finance, Management
What Happened to the Bull Market?
By the time NASDAQ reached its peak in the recent bull market, many financial commentators had begun to accept the idea that stock market valuations were no longer driven solely by the traditional economic factors: earnings growth, inflation, and interest rates. Instead, they suggested, new factors—such as structural changes in the economy, new rules of economics, and the value of intangible assets and brands—justified the … [ Read more ]
Content: Article | Authors: Tim Koller, Zane D. Williams | Source: McKinsey Quarterly | Subjects: Economics, Market/Investment | Industry: Investment Banking