Englische Übersetzung des Buches Strategische Finanzpolitik, Versus Verlag, Zürich.
A healthy financial basis is the foremost responsibility of financial management. This requires sound financial competence at all levels of management. This book provides valuable guidance in fulfilling this duty. Efficiently-managed accounting is the basis for using the full creative potential and for the implementation of strategic financial planning within a company, and avoids the single minded pursuit of figures. Shareholder value is obviously important, but must not be allowed to overshadow ethical and environmental concerns. A corporate culture run on these guidelines will be able to compete successfully in the global markets of tomorrow.
Table of Contents
Financial Policy as a Value Driver
The Two Dimensions of Financial Management
Cash is King - Discounted Cash Flow as Key Concept of Value Creation
Financial Controlling and Risk Management
Value-Based Management, Return on Capital and Shareholder Value
Investments, Acquisitions and Group Policy
Capital Structure, Dividend Policy and Investor Relations
Conclusions for the Board of Directors and the Executive Committee
Quality Checklist
The Author
Rudolf Volkart is well-known for his activities in the field of finance, banking and tax management and for his work in both university as well as executive and professional education. He is professor of Corporate Finance at the University of Zurich and Director of the Swiss Banking Institute.
The Artist
The cartoonist Nico is a familiar name to all regular newspaper readers and lovers of subtle and satirical humour. His cartoons appear regularly in the Zurich daily Tages-Anzeiger.
Rudolf Volkart