{"product_id":"capital-allocation-and-value-creation-torbjrn-arenbo-9783031470479","title":"Capital Allocation and Value Creation: A Market-Based Framework for Executives","description":"\u003cp\u003eBy 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\u0026amp;A), dividends, share repurchase programs, and organic growth opportunities.\u003c\/p\u003e \u003cp\u003eThis 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.\u003c\/p\u003e \u003cp\u003eThe book helps answer the following questions: \u003c\/p\u003e \u003cp\u003e- What are the primary factors that drive your company's shareholder value? Are they aligned with the strategy the companyis pursuing?\u003c\/p\u003e \u003cp\u003e- What are the key dynamics and trade-offs between return on investments (ROIC), growth, and earnings quality? \u003c\/p\u003e \u003cp\u003e- What are the current market expectations embedded in the stock price?\u003c\/p\u003e \u003cp\u003e- Given the capital allocation priorities, what does an \"optimal\" capital structure look like?\u003c\/p\u003e \u003cp\u003e- How do you set, and in turn communicate, the capital allocation and funding priorities?\u003c\/p\u003e 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.\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Torbjn Arenbo\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 3031470478\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9783031470479\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Palgrave MacMillan\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/01\/2023\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 231\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.00lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.27h x 5.83w x 0.63d","brand":"Torbjn Arenbo","offers":[{"title":"Hardcover","offer_id":44652215337215,"sku":"9783031470479","price":54.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_001e43ae-a2ce-41e4-ad1f-f0548c3d18d7.jpg?v=1704215094","url":"https:\/\/www.whiterainbookhouse.com\/products\/capital-allocation-and-value-creation-torbjrn-arenbo-9783031470479","provider":"WR Book House","version":"1.0","type":"link"}