Reading suggestions

Becker, Hans Paul, Investition und Finanzierung [Investment and Finance]

Gabler Verlag, 4th ed., 371 pp, €29.95, ISBN 978-3-8349-2468-1

This textbook defines the objectives of corporate investment and financial policies in companies, simply and comprehensibly explaining the principles and methods for calculating and financing investment. Traditional and new instruments are systematically presented, analysed and evaluated. Examples and problems with proposed solutions supplement the explanations. Newly included in the 4th edition are dynamic final-value methods and the consideration of earnings taxes in investment decisions. The exercise section has had additional problems and solutions added.

Greve, Gustav, Organizational Burnout

Gabler Verlag, 281 pp, €34.95, ISBN 978-3-8349-2291-5

If in a well-established organization recent successes falter, the cause is often a dangerous organizational burnout (OBO). For the first time, the author describes the widespread phenomenon of OBO, explains the failings of companies involved and shows a way out of the crisis. The author describes his experience of the typical causes, symptoms and consequences of organizational burnout, and an effective therapy.

Gruber, Walter, Martin, Marcus R.W., Wehn, Carsten S., Szenarioanalysen und Stresstests in der Bank- und Versicherungspraxis [Scenario analyses and stress tests in banking and insurance practice]

Schäffer-Poeschel Verlag, 388 pp, €99.95, ISBN 978-3-7910-2953-5

The authors present the whole range of topics on all relevant types of risk, the requirements of supervision, the impacts and implementation in bank management, compactly and from the user’s perspective. Value is placed on practice-oriented presentation, without giving up theoretical depth.

Keuper, Frank, Neumann, Fritz (eds.), Corporate Governance, Risk Management und Compliance

Gabler Verlag, 317 pp, €59.95, ISBN 978-3-8349-1558-0

The book contains an informative international comparison of corporate-governance rules and a critical examination of evaluation methods and IT risk management. Additionally, interactions between controlling and organization are thoroughly examined. Professor Keuper is Professor of Business Administration, in particular convergence and media management, at the School of Management and Innovation of the Steinbeis-Hochschule Berlin. Fritz Neumann is a partner at BearingPoint Management & Technology Consultants in Commercial Services.

Prexl, Sebastian, Bloss, Michael, Ernst, Dietmar, Haas, Christoph, Häcker, Joachim, Röck, Bernhard, Financial Modeling

Schäffer-Poeschel Verlag, 506 pages, including download offer, €59.95, ISBN 978-3-7910-2838-5

The authors provide students and practitioners with an application-oriented guide to the central topics in corporate finance, derivatives and portfolio management. The character as a course book and the practical examples enable rapid and interactive learning. Two workshops, on Microsoft Excel and the VBA programming language, complete the financial and economic expertise. The contents of this book are the basis for training as a Certified Financial Modeler (CFM).

Renz, Hartmut, Hense, Dirk, Wertpapier-Compliance in der Praxis [Securities compliance in practice]

Erich Schmidt Verlag, 1,138 pp, €99.95, ISBN 978-3-503-12449-7

A must for anyone aiming at more certainty in all areas of securities compliance. MiFID, WpHG, MaComp, the BaFin concretizing circulars etc. – more strictly regulated than ever before, credit and financial-services institutions are under public observation. Violations of the complex supervisory requirements involve significant legal and reputational risks. This work shows solutions in all subject areas of securities compliance. Experts – including ones from BaFin and leading financial institutions and law firms – provide comprehensive information, in particular on issues such as investment advice and recording it, financial analysis and portfolio management, marketing including the current BaFin circular on customer information, labour law and human resources as well as minimum requirements for compliance (MaComp). The individual areas are also reviewed, issues considered and quotable answers to legal questions included.

Söhnholz, Dirk, Rieken, Sascha, Kaiser, Dieter G., Asset Allocation, Risiko-Overlay und Manager-Selektion

Gabler Verlag, 222 pp, €49.95, ISBN 978-3-8349-2408-9

As the financial crisis has shown, an asset allocation based on the classical Markowitz model has weaknesses in practical use. The authors develop new approaches in the areas of quantitative asset allocation and alternative investments for sustainable investment success. They show that a strategic diversification of asset classes is still to be rated favourably. While the success of tactical asset allocation, especially in times of crisis, is questionable, the risk overlay concepts presented here have proven themselves. However, they have to date been applied almost solely to traditional asset classes. The authors demonstrate that these instruments are also important for non-traditional asset classes, examine the role of active and passive management and give an answer to the question of the correct number of asset managers. The result is a quasi-restriction-free “ideal portfolio” that can serve the investor as a model and be adapted to individual requirements.

Walter, Bernd Lorenz, Verantwortliche Unternehmensführung überzeugend kommunizieren[Convincingly Communicating Responsible Management]

Gabler Verlag, 204 pp, €39.95, ISBN 978-3-8349-2435-3

The tension between the pursuit of profit and morality is the central challenge of modern corporate and brand communications. This is especially true in the light of the efforts of companies to meet social claims by responsible management. Taking responsibility is one thing, communicating it convincingly the other. The secrets of successful communication from the past are condemned as “greenwashing” for lack of credibility. Essential to the success of communication is a coherent system of company values, supported in the first place by internal communication. The author provides a comprehensive overview of the communication of responsible management. The book is clearly structured, pointedly written and offers the reader many practical and scientifically sound ideas to implement.

Vahs, Dietmar, Weiand, Achim, Workbook Change Management

Schäffer-Poeschel Verlag, 406 pp, €49.95, ISBN 978-3-7910-2860-6

This workbook is a systematic and standardized presentation of the methods and instruments used in change management. The book is for anyone with the task of planning and implementing change initiatives in both profit and nonprofit undertakings.