Overview
- Explores how the current transformation of the global economy is being driven by new fundamental innovations, the digitalization of the economy, industry dynamics and climate change
- Discusses the impact of this transformation in terms of industry boundaries, value migration, investment and firm continuity
- Illustrates the accounting, finance, economic, quantitative and valuation concepts that are relevant to the digital economy, new industries, business models and technologies
- Showcases applications of the techniques to illustrate the concepts
Part of the book series: Global Financial Markets (GFM)
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Table of contents (11 chapters)
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Front Matter
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Quantitative Analytics
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Front Matter
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Back Matter
Keywords
About this book
The current transformation of the global economy is being driven by new fundamental innovations, digitalization, industry dynamics and climate change. The impact of this transformation in terms of value migration, industry boundaries, investment and firm continuity is vast. The fourth edition of Strategy, Value and Risk examines these issues, and how they will influence firms and industries in the future. Those aspects of the business environment that will have a significant impact on strategy, business models, investments and value are identified, and the accounting, finance, economic and quantitative principles that provide a foundation for the analysis of these issues are discussed.
Part I: Strategy, Value and Risk provides the strategic, economic, accounting and financial framework. Strategy discusses technology and innovation, industry dynamics, globalization and industry concentration, climate change, industry boundaries and future value. Value discusses the accounting framework and corporate finance and investment, while Risk covers investment risk, corporate risk management and value and risk. Part II: Quantitative Analytics provides an overview of financial statistics, derivatives and derivative applications, and provides a background on the financial economics used in the analysis of physical, intangible, financial and energy assets. Part III: The Analysis of Investments, Transformation and Value examines platforms, data and analytics, the energy sector, pharmaceutical and biotech, a growth firm and media transformation, and applies the accounting, economic, financial and quantitative concepts.
This fourth edition lays out scenarios that will likely shape firms and industries in the future, and has relevance to CFOs, corporate finance and investment professionals. Business model disruption, data and analytics, intangible assets and dynamic analysis are now key issues within the CFO role. Investment professionals are required tosee the larger economic environment in which firms compete, assess a firm’s industry and its position within that industry, recognize which investments best serve its broad strategic goals and identify a firm’s capabilities and options.
A background in the accounting, finance, economic, quantitative and valuation concepts that are relevant to the digital economy, new industries, business models and technologies is essential for finance professionals. This book addresses these issues within the context of the fundamental changes underway in the global economy, and provides applications of the techniques to illustrate the concepts.
Authors and Affiliations
About the author
Jamie Rogers is a finance professional based in New York, USA. He has extensive experience in valuation, market risk management, analytics, and quantitative finance across equities, fixed income, currencies, commodities and energy within investment banking, big four accounting and advisory. He holds a Bachelor of Commerce from the University of NSW, Sydney, Australia.
Bibliographic Information
Book Title: Strategy, Value and Risk
Book Subtitle: Industry Dynamics and Advanced Financial Management
Authors: Jamie Rogers
Series Title: Global Financial Markets
DOI: https://doi.org/10.1007/978-3-030-21978-9
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-21977-2Published: 25 September 2019
Softcover ISBN: 978-3-030-21980-2Published: 25 September 2020
eBook ISBN: 978-3-030-21978-9Published: 12 September 2019
Series ISSN: 2946-3831
Series E-ISSN: 2946-384X
Edition Number: 4
Number of Pages: XXIV, 226
Number of Illustrations: 14 b/w illustrations, 30 illustrations in colour
Topics: Corporate Finance, Accounting/Auditing, Investments and Securities