THE KEY TO UNDERSTANDING COMPANY GROWTH AND DECLINE --FROM THE
UNDISPUTED EXPERT ON VALUATION
Throughout his storied career, Aswath Damodaran has searched for the
universal key to demystify corporate finance and valuation. Now, at
last, he offers the groundbreaking answer to readers everywhere.
It turns out there is a corporate lifecycle very much like our own --
with unique stages of growth and decline. And just as we must learn to
act our age, so too must companies.
By better understanding how corporations age and the characteristics of
each stage of their lifecycle, we can unlock the secrets behind any
businesses behavior and optimize our management and investment decisions
accordingly.
In Aswath Damodaran's The Corporate Lifecycle, readers will learn--
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What markers tell where a company falls on its corporate lifecycle,
and crucial insights for managers as they navigate the different
stages
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Why the shape and timing of life cycles varies across different
industries
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When transition points pose special challenges to companies--and
strategies to conquer them
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How differences in investment philosophies, in particular the divide
between growth and value investing, should lead investors towards
companies at different lifecycle stages
As the corporate lifecycle touches virtually every aspect of business,
this book is for anyone with skin in the corporate finance game--from
managers to investors, from novices to seasoned pros. Aswath Damodaran's
The Corporate Lifecycle is the definitive guide to understanding
businesses growth, behavior, and value.
