Insights & Publications

Corporate Finance

Pharma M&A: Agile shouldn’t mean ad hoc

Pharma M&A: Agile shouldn’t mean ad hoc

February 2016—Under pressure to be active acquirers, some pharmaceutical and medical-products companies may be neglecting best practices. Here’s where they can most improve.more

Editor's Choice

article | McKinsey Quarterly

How private-equity owners lean into turnarounds

January 2016—PE-backed companies outperform their public counterparts during periods of distress because the owners play a more active role in management.more


How the best acquirers excel at integration

January 2016—The same handful of integration challenges vex companies year after year. New survey data suggest how high performers stay on top.more


M&A 2015: New highs, and a new tone

December 2015—Deal activity surged again this year—especially big deals and those in the United States.more

  • includes:

A better way to understand internal rate of return

November 2015—Investments can have the same internal rate of return for different reasons. A breakdown of this metric in private equity shows why it matters.more

Share buybacks_1536x1536_Thumbnail

Are share buybacks jeopardizing future growth?

October 2015—Fears that US companies underinvest by paying too much back to shareholders are unfounded. Rather, the rise in buybacks reflects changes in the economy.more


How M&A practitioners enable their success

October 2015—Companies that are best at transactions approach M&A differently—but there’s room for improvement across the board.more

Grow fast or die slow_1536x1536_Thumbnail

Grow fast or die slow: The double-edged sword of M&A

October 2015—Our latest research on growth in software and online-services companies has some surprising findings about the benefits and risks of buying growth.more


Building a better partnership between finance and strategy

October 2015—The growing strategic role of CFOs may create tension with top strategists. That’s a missed opportunity for teaming up to improve company performance.more


Profiling the modern CFO: A panel discussion

October 2015—Seasoned finance chiefs explore revamping business models and coping with new competitors, currency risks, and changing capital structures.more

Mapping diversification_1536x1536_Thumbnail

Mapping the value of diversification

August 2015—Expanding your focus tends to add more value in emerging economies than in developed ones.more


The return of zero-base budgeting

August 2015—The venerable technique has vaulted back into the consciousness of corporate leaders—for good reason. But getting it right is not easy and depends on five key elements.more

Divestitures How to invest_1536x1536_Thumbnail

Divestitures: How to invest for success

August 2015—When it comes to creating value, divestitures are critical—but a positive outcome is not automatic. Some up-front investment can improve the odds of success.more

  • includes:

Growing beyond the core business

July 2015—Most companies are seeking growth outside their core business, according to a new survey. But few have made revenue gains as a result—or have the right capabilities to support it.more

Getting handle on currency risk_1536x1536_Thumbnail

Getting a better handle on currency risk

July 2015—When exchange rates are volatile, companies rush to stem potential losses. What risks should they hedge—and how?more

  • includes:

About this content

The material on this page draws on the research and experience of McKinsey consultants and other sources. To learn more about our expertise, please visit the Corporate Finance Practice.