This latest edition of Valuation helps executives understand how to measure the value in their companies and make the kind of strategic decisions that will ensure they create shareholder value. The authors highlight the need to focus not only on the short-term performance of a company but also on its long-term health – that is, its ability to create shareholder value year after year.

Good corporate health rests on a number of factors, including a robust strategy, well-maintained assets, and a good reputation with customers, regulators, governments, employees, and other stakeholders. It doesn’t necessarily rely on high-growth plans.