Financial Statement Analysis and Security Valuation by Stephen Penman

Financial Statement Analysis and Security Valuation by Stephen Penman

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Summary

Focusing on the output of financial statements, this book asks what financial statements tell you, not how they are prepared. It takes the approach that the best way to value a firm is to look at the future earnings of the firm. The main pretext of this book is that financial statement analysis and valuation analysis are inextricably entwined.

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Financial Statement Analysis and Security Valuation by Stephen Penman

Focusing on the output of financial statements, this book asks what financial statements tell you, not how they are prepared. It takes the approach that the best way to value a firm is to look at the future earnings of the firm. The main pretext of this book is that financial statement analysis and valuation analysis are inextricably entwined.
The George O. May Professor and the Morgan Stanley Research Scholar in the Graduate School of Business, Columbia University. He also serves as co-director of Columbia's Center for Excellence in Accounting and Security Analysis. Prior to his appointment at Columbia in 1999, Stephen Penman was the L.H. Penny Professor in the Walter A. Haas School of Business at the University of California at Berkeley. From 1990-95 he served a Chairman of the Professional Accounting Program and Chairman of the Accounting Faculty at Berkeley. He also initiated and chaired Berkeley's Annual Conference on Financial Reporting. He has served as a Visiting Professor at Columbia University and the London Business School of Economic. Professor Penman received a first-class honors degree in Commerce from the University of Queensland, Australia, and M.B.A. and Ph.D. degrees from the University of Chicago.
SKU Unavailable
ISBN 13 9780071232630
ISBN 10 007123263X
Title Financial Statement Analysis and Security Valuation
Author Stephen Penman
Condition Unavailable
Binding Type Paperback
Publisher McGraw-Hill Education - Europe
Year published 2003-09-16
Number of pages 800
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.