"This book will show how the operation of U.S. financial markets, including the "market for corporate control," worked to restore the productivity and value of U.S. companies in the 1980s, and have continued to do so since then. In doing so, by bringing increased efficiency and value creation,...

“Postmodern” corporate finance builds on the principles of modern corporate finance while restoring at least part of the emphasis on top-line growth that prevailed before the intense emphasis on returns on capital brought on by the ongoing shareholder value movement. The vast majority of...