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Capital Allocation and Value Creation A Market-Based Framework for Executives

Title
Capital Allocation and Value Creation [electronic resource] : A Market-Based Framework for Executives / by Torbjörn Arenbo.
ISBN
9783031470486
Edition
1st ed. 2023.
Publication
Cham : Springer Nature Switzerland : Imprint: Palgrave Macmillan, 2023.
Physical Description
1 online resource (XVIII, 231 p.) 46 illus., 44 illus. in color.
Local Notes
Access is available to the Yale community.
Access and use
Access restricted by licensing agreement.
Summary
By adopting a practical, market-oriented approach to capital allocation, this book sheds light on the complex issue of cash flow deployment and the creation of shareholder value. In order to run a company efficiently, it is not sufficient to simply be a competent businessperson. One must also possess the skills of a knowledgeable investor. The management must determine where to invest capital given the diverse range of investment options available, such as mergers and acquisitions (M&A), dividends, share repurchase programs, and organic growth opportunities. This book provides a useful analytical framework for corporate executives to consider when allocating capital, along with empirical findings from peer group studies and company case studies. The book helps answer the following questions: · What are the primary factors that drive your company's shareholder value? Are they aligned with the strategy the company is pursuing? · What are the key dynamics and trade-offs between return on investments (ROIC), growth, and earnings quality? · What are the current market expectations embedded in the stock price? · Given the capital allocation priorities, what does an "optimal" capital structure look like? · How do you set, and in turn communicate, the capital allocation and funding priorities? Written by an expert with more than 25 years of experience, this book helps business executives improve their skills as capital allocators by better understanding the financial markets. Torbjörn Arenbo has more than 25 years of experience working as a corporate finance advisor, portfolio manager, and risk manager. He currently holds the position of Chief Analyst and Head of Corporate Advisory Sweden at Danske Bank, where he has been employed since 2004. Before joining Danske Bank, he worked as a portfolio manager and risk analyst at Alecta Investment Management.
Variant and related titles
Springer ENIN.
Other formats
Printed edition:
Printed edition:
Printed edition:
Format
Books / Online
Language
English
Added to Catalog
December 04, 2023
Contents
Chapter 1. Introduction
Part 1. Debating ESG Financial Topics
Chapter 2. Sustainability literature orientation: Evidence from finance academic research
Chapter 3. First assessment of EU Taxonomy regulation for Italian banks
Chapter 4. Sustainable finance: A Quest for Value from ICO
Part 2. - ESG Instruments and Sectors. Chapter 5. A Bibliometric Analysis of Sustainable Finance
Chapter 6. Exploring the Shades of Green Premium: A Matching Approach
Chapter 7. Sustainable finance for maritime development. a critical analysis of green bonds in the National Recovery and Resilience Plan
Part 3 - Governance and the Role of Women. Chapter 8. Are women the panacea? Exploring the Direction of Socially Responsible Commitment
Chapter 9. Social Sustainability in Equity Crowdfunding: the role of women in the platforms' Boards.
Also listed under
SpringerLink (Online service)
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