RAVE™: Integrated Value Management for Customer, Human Supplier and Invested Capital
Many companies have introduced new value-based methods such as the EVA™ or CVA concept for strategic and operational control. However, they are still strongly focused on investment capital. This article presents a new, integrated value management concept (RAVE™) for managing human capital (Workonomics™), customer capital (Custonomics™) and supplier capital (Supplynomics), all in a value-oriented and quantitative way.
Editor’s Note: this is one of the best … [ Read more ]
Content: Article | Authors: Rainer Strack, Ulrich Villis | Source: European Management Journal | Subjects: Finance, Management
Keeping Secrets
How five CFOs cooked the books at HealthSouth.
Content: Case Study | Author: Alix Nyberg Stuart | Source: CFO Publishing | Subject: Finance | Company: HealthSouth
What does an SEC 10K really tell you?
The interpretation and evaluation of SEC filed 10K’s and 10Q’s is accomplished by Financial Analysis or Fundamental Analysis. The process chosen is based on the viewpoint and goals of the principal completing the analysis. The following is a review of the differences between Financial Analysis, Fundamental Analysis and Technical Analysis that helps put into perspective their characteristics.
Content: Member-Contributed Content | Author: Kathleen Kerwin | Subjects: Accounting, Finance
Chuck Lucier, Rob Schuyt, and Edward Tse
Returns to investors reflect changes in a company’s financial performance, not the level of its performance.
Content: Quotation | Source: strategy+business | Subjects: Finance, Investing
Value of Securitized Trade Receivables
RCA at Clopay
An emerging cost method, Resource Consumption Accounting (RCA) produces more accurate results compared to traditional cost methods and provides more detailed information. But is dealing with more details worth it? Is the view worth the climb? Based on the results from a pilot application at Clopay Plastics Products Company, we think it is.
Content: Article | Authors: B. Douglas Clinton, Sally A. Webber | Source: Strategic Finance | Subjects: Accounting, Finance
Less-Taxing IT Systems
Analyzing the tax implications of IT initiatives can deliver big benefits-and reduce your bills
Content: Article | Authors: John Norkus, Raffi Markarian | Source: Optimize Magazine | Subjects: Finance, IT / Technology / E-Business
Courting Automation
Organizations that automate their credit and collection processes to meet business-to-business e-commerce demands reduce costs, quicken response time and improve accuracy.
Content: Article | Author: David Schmidt | Source: Business Finance Magazine | Subjects: Finance, IT / Technology / E-Business
Leveraged Buyout (LBO) Activity
Drivers of Value
Drivers of Value: Do You Have What It Takes?
How going global compromised Parmalat
The Italian giant Parmalat imploded during a financial crisis, resulting in a police investigation, a suicide, a series of arrests and shockwaves throughout the international financial community. The role of corporate governance, auditors and the regulators all came under scrutiny. This is an excerpt from a full case study on the company available from the European Case Clearing House.
Content: Case Study | Author: Stewart Hamilton | Source: European Business Forum (EBF) | Subjects: Corporate Governance, Finance | Company: Parmalat
Charles Handy
Africans speak of two hungers: the lesser hunger — for the goods and services that sustain us and the means to pay for them, and the greater hunger, which has to do with understanding what life is all about.
Today, that greater hunger is even keener, for workers and executives the world over. And I worry that the only way people can satisfy it is though … [ Read more ]
Content: Quotation | Source: Across the Board (ATB) | Subjects: Money, Personality / Behavior
Capital Choices: The 2004 Capital-Spending Scorecard
A new study shows which companies are getting the most bang for their capital-investment buck.
Content: Article | Author: Ronald Fink | Source: CFO Publishing | Subjects: Best Practices, Finance
What’s a Stock Worth?
In a world where investors are inundated with advertisements for the latest and best ways to value stocks, it is easy to see why so many are overwhelmed by the choice in models and confused about their merits. It is worth noting, in the midst of all the hype, that valuation today is fundamentally not that different from valuation 20 or even 50 years ago. … [ Read more ]
Content: Article | Author: Aswath Damodaran | Source: STERNbusiness (NYU) | Subject: Finance
Adapting Your Accounting Practices to Triple Bottom Line Reporting
Certified Management Accountant David Crawford offers background and outlines next steps to help accountants and other financial professionals to meet the challenges of triple bottom line reporting.
Content: Article | Author: David Crawford | Source: GreenBiz.com | Subjects: Finance, Social Responsibility (ESG)
Weighted Averages Help Transfer Pricing
How should companies price goods that they ship between their own divisions or related companies?
Internationally, that quandary confronts the producers of nearly half of all U.S. imported goods, a third of all U.S. exports, and a huge proportion of global trade elsewhere. By definition these aren’t arms-length deals in an open marketplace, and they raise tough questions. What price, for instance, might Ford of Germany … [ Read more ]
Content: Article | Author: Frederick Rose | Source: Stanford University | Subjects: Accounting, Finance
The Impact of Empowered Employees on Corporate Value
The global competitive environment is and will become more brutal for corporations this century. Most corporations, however, fail to recognize and empower their most important assets: employees. The hypothesis of this article is that those corporations that truly exhibit employee empowerment through emphasizing meaningful communication, willingness to serve, and common purpose will have statistically more favorable financial and/or investment results than corporations lacking employee empowerment. … [ Read more ]
Content: Article | Author: Darrol J. Stanley | Source: Graziadio Business Report | Subjects: Best Practices, Finance
Tax Rates, DSO and the Bottom Line
The PIPEs Are Flowing
Small public companies can find it less costly to raise new money privately, but only if they can find the right investors.
Content: Article | Author: Ronald Fink | Source: CFO Publishing | Subject: Finance