McKinsey on Finance, Number 53

Shareholder-oriented capitalism is still the best path to broad economic prosperity, as long as companies focus on the long term.

Changing course demands an intense focus on short-term performance, but success needn’t come at the expense of long-term value.

In tough times, investors scrutinize every detail. Here’s how to manage the discussion.

Investors are optimistic about the value of big deals behind a growing wave of M&A. What key trends do they need to understand?