'Financial Performance' presents the foundation concepts underlying the Senior Executive Programmes the Authors have taught together and separately over the last 15 years in Europe, Asia and North America. These programmes include The Oxford Advanced Management Programme The Oxford Senior Executive Finance Programme The INSEAD Advanced Management Programme The IMI, Geneva, Advanced Management Programme The Harvard Advanced Management Programme The Oxford International Executive Programme, Singapore The IMI International Finance Programme, Singapore The book is intended as a reference manual as well as a textbook and will be of value to anyone with an interest in financial performance - particularly senior executives. The developments in modern finance over the last two decades have considerable implications for the way senior executives think about the finance discipline. It is no longer enough to have a rudimentary knowledge of basic finance and a heavy reliance on financial specialists. CEOs of course need excellent financial professionals - however they need to go beyond this and provide strategic leadership. This requires a conceptual framework for dealing with financial matters. This book provides a description of the underlying ideas and will be of value to anyone with an interest in financial performance - particularly senior executives. This book revolves around the concept of value and it is organised into two parts. Part I Performance Measurement Consists of three chapters, all of which focus on the real and fairly complex set of financial statements of DaimlerChrysler AG. The first two chapters

Key Features

Cutting edge techniques in financial management and corporate financial strategy. How to maximize shareholder value. Based upon the advanced management programmes at Oxford and INSEAD.


Students of masters courses in corporate finance, corporate strategy and investment; Senior managers on short executive courses; Corporate treasurers; Finance directors; CEOs

Table of Contents

Introduction; Performance measurement - Review of financial statements 1: the balance sheet; Review of financial statements 2: the income and cash flow statements; Assessing financial health; Valuation - The cost of capital; Valuation methods; Shareholder value: a European perspective.


No. of pages:
© 2000
Electronic ISBN:
Print ISBN:
Print ISBN:

About the authors