McKinsey on Finance Issue 57
Winter 2016

McKinsey on Finance, Number 57

McKinsey on Finance offers practical ways of thinking about corporate finance based on McKinsey's experience and proprietary research.

Articles in this issue

Book Excerpt

Valuing high-tech companies

– It might feel positively retro to apply discounted-cash-flow valuation to hot start-ups and the like. But it’s still the most reliable method.

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

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

How the best acquirers excel at integration

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

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

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

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