McKinsey on Finance, Number 72

Perspectives on Corporate Finance and Strategy

Articles in this issue

How lots of small M&A deals add up to big value

– New research confirms that companies that regularly and systematically pursue moderately sized M&A deliver better shareholder returns than companies that don’t.

Demystifying deal making: Lessons from M&A veterans

– Two longtime experts in mergers and acquisitions describe what works—and what doesn’t—in corporate deal making, including how to approach the role of activist investors.

Done deal? Why many large transactions fail to cross the finish line

– Our research shows that many large mergers and acquisitions are abandoned before closing because of value-creation, regulatory, and political issues. Here’s how to improve the odds of success.

Multiples analysis: Industry labels don’t matter, performance does

– Our research highlights the variability of multiples within and across industries and refutes the idea that there is a shortcut to higher valuation.

Bias Busters: Getting both sides of the story

– How can the CEO break employees’ silence and get the critical input needed to make the right strategic moves?

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