Spring 2016
McKinsey on Finance, Number 58
Perspectives on Corporate Finance and Strategy
Articles in this issue
Article
Negotiating a better joint venture
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As important as it is to secure the right terms for a shared enterprise, it is just as critical to form a sustainable relationship.
Article
Managing the market’s reaction to M&A deals
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Announcement effects are a good instant measure of market sentiment but a poor indicator of longer-term value creation.
Article
Creating value from M&A—advantage Asia?
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Differences in the market’s response to deal announcements reflect how deals are funded as much as expected performance.
Article
How share repurchases boost earnings without improving returns
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Some actions that boost earnings per share don’t create value for shareholders. Share repurchases are generally a wash.
Article
The long and the short of stock-market volatility
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Short-term measures of volatility can fluctuate wildly. But over the long term the market has been remarkably stable.