McKinsey & Company - Corporate Finance - Featured research and publications

Featured research and publications

A selection of recently published CF articles from the McKinsey Quarterly.

	WHAT MAKES YOUR STOCK PRICE GO UP AND DOWN KEVIN P. COYNE AND JONATHAN W. WITTER The McKinsey Quarterly, 2002 Number 2 Identifying and understanding important individual investors can help corporate executives predict the direction of share prices.

	TIME FOR CFOs TO STEP UP TIMOTHY KOLLER AND JONATHAN PEACOCK The McKinsey Quarterly, 2002 Number 2 As investors home in on business fundamentals and credible accounting, the CFO’s traditional oversight of planning and performance takes on new urgency.

	VALUING CYCLICAL COMPANIES MARCO DE HEER AND TIMOTHY M. KOLLER The McKinsey Quarterly, 2000 Number 2 Cyclical stocks such as airlines and steel can appear to defy valuation. But an approach based on probability will help managers and investors draw up a reasonable estimate.

	DOING THE SPIN-OUT PATRICIA ANSLINGER, SHEILA BONINI, AND MICHAEL PATSALOS-FOX The McKinsey Quarterly, 2000 Number 1 There are three ways to spin out a company—and many ways to get it wrong. A parent company must decide not just which method of reorganization suits it best but also how to execute its chosen plan for its own and the shareholders’ benefit.

	VALUATION IN EMERGING MARKETS MIMI JAMES AND TIMOTHY M. KOLLER The McKinsey Quarterly, 2000 Number 4 Procedures for estimating a company's future cash flows discounted at a rate that reflects risk are the same everywhere. But in emerging markets, the risks are much greater.

	WHEN TO THINK ALLIANCE DAVID ERNST AND TAMMY HALEVY The McKinsey Quarterly, 2000 Number 4 In some circumstances the market seems to reward alliances more richly than mergers and acquisitions. Maybe it knows something that many managers don’t.