Acquire carefully, beware of leverage, have rules-based buyback processes, don’t bank on dividends, and realize that value creation is hard work.
Is there a link between how well companies deliver on their social mission and whether they create long-term value for shareholders?
From higher profits to enhanced TSR to tax benefits, a spinoff can generate great value for both the existing and spun-off companies.
Stanley Black & Decker has doubled its size multiple times in its CFO's 20 years at the company. Doing it again requires a different, higher-tech approach.
Should publicly held, early stage biotechs issue more shares or partner with Big Pharma?
They're great for investment bankers and sellers, but lower valuation multiples are associated with greater shareholder return.
Performance metrics related to improvement or growth demonstrate the most positive relationships to shareholder return.
To drive shareholder returns in health care, CFOs should stress financial policies that build financial flexibility rather than leverage.
Total shareholder return is still the leading metric for calculating long-term compensation, but companies' thinking may be starting to shift.
The CFO and the finance team have the skills to help the CEO understand and interpret residual cash earnings signals.
How can a company with such dismal net income performance demonstrate such stellar improvement in Residual Cash Earnings?
The SEC’s proposed disclosure rules have drawn criticism from proponents and opponents alike.
