Narrative and numbers: the value of stories in business
Material type: TextPublication details: New York Columbia University Press 2017Description: viii, 284 pISBN:- 9780231180481
- 658.15 DAM
Item type | Current library | Collection | Call number | Copy number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|---|
Book | Indian Institute of Management LRC General Stacks | Finance & Accounting | 658.15 DAM (Browse shelf(Opens below)) | 1 | Available | G00231 |
How can a company that has never turned a profit have a multibillion dollar valuation? Why do some start-ups attract large investments while others do not? Aswath Damodaran, finance professor and experienced investor, argues that the power of story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks. In business, there are the storytellers who spin compelling narratives and the number-crunchers who construct meaningful models and accounts. Both are essential to success, but only by combining the two, Damodaran argues, can a business deliver and sustain value.
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