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The book teaches you how to read between the lines of a balance sheet and an income statement. It focuses heavily on the creation of value and the measurement of performance through indicators like ROCE (Return on Capital Employed) and ROE (Return on Equity). 2. Corporate Valuation
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The book structures the entire corporate ecosystem around a clear, logical flow:
The book was originally authored by , a graduate of HEC and Harvard who balanced a prestigious academic career at HEC Paris with a high-level banking career at Paribas.
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