What exactly is digital M&A and how does it compare to garden-variety dealmaking?

McKinsey’s Snezhana Otto and Justin Sanders discuss the CFO’s role in a changing activist landscape.

One way companies can raise immediate capital or mitigate the risk of being able to collect on their accounts receivable is to sell them off to a third party -- otherwise known as "factoring". What is it, how does it work, and under what circumstances should a company factor?

Rotman professor and experienced board director David Beatty considers several profound changes.

With an emphasis on analytics, CFOs are uniquely positioned to lead a war gaming excercise.

What’s behind the uptick in China M&A—and what does it mean for companies elsewhere?

One way companies can raise immediate capital or mitigate the risk of being able to collect on their accounts receivable is to sell them off to a third party -- otherwise known as “factoring.” What is it, how does it work, and under what circumstances should a company factor?

Board governance has changed in recent years, with transparency and visibility into the role increasing just as the pendulum swings between the demands of regulatory compliance and the strategic needs of companies. In this podcast, McKinsey’s Bill Huyett joins Werner Rehm to talk about how board governance has changed—and how CEOs and CFOs can work together to improve a company’s performance.

Managers at most companies understand the value of re-allocating resources from unproductive investments into more productive ones, but in practice they seldom do. In this podcast, McKinsey’s Yuval Atsmon and Werner Rehm examine how managers can overcome some of the obstacles that get in the way of more nimble reallocation. Yuval is a principal in McKinsey’s London office and Werner is an Equity Partner in the New York office.

M&A surged again in 2015, led by activity in the US and by large deals. In this podcast, McKinsey’s Werner Rehm discusses what happened and why with Andy West, Andy is a leader of McKinsey’s Merger Management group, the Transactions service line of the Corporate Finance Practice, and the High Tech Practice and has authored numerous articles on value creation through M&A. Andy is a director in McKinsey’s Boston office and Werner is an Equity Partner in the New York office.

IRRs are not all created equal—and the differences between projects or funds can be material for oil and gas companies, private equity investors, or even investment funds themselves who use the metric as a shorthand benchmark for comparing diverse projects. In this podcast, McKinsey’s Werner Rehm discusses variations in IRR with Marc Goedhart and Chip Hughes. Marc is a Senior Expert in McKinsey’s Amsterdam office and co-author of the recent article, “A better way to understand Internal Rate...

Two co-authors of Valuation, McKinsey's Tim Koller and Marc Goedhart, explore what's driving the recent increase in share buybacks and dividends and the likely impact on investment in growth. Moderated by Werner Rehm.

When exchange rates are volatile, companies rush to stem potential losses by hedging their risks. McKinsey's Tim Koller and Marc Goedhart, discuss which currency risks should be hedged--and which would be better left alone. Moderated by Werner Rehm.

When it comes to creating value, divestitures are critical—but a positive outcome is not automatic. Here’s how some up-front investment can improve the odds of success.

When exchange rates are volatile, companies rush to stem potential losses. Which risks should they hedge — and how.

Companies in capital-intensive industries need to get more out of their capital budgets. CFOs can play a critical role.

Misplaced assumptions that governments always enjoy a cost-of-capital advantage over private players can kill projects on the drawing board. Reexamining the economics could move more deals ahead.

Using scenarios to plan for uncertainty can broaden the mind but can fall prey to the mind’s inner workings. Here’s how to get more out of planning efforts.

Investors are optimistic about the value of big deals behind a growing wave of M&A. What key trends do they need to understand?

Shareholder-oriented capitalism is still the best path to broad economic prosperity, as long as companies focus on the long term.

Changing course demands an intense focus on short-term performance, but success needn’t come at the expense of long-term value.

In tough times, investors scrutinize every detail. Here’s how to manage the discussion.

Here’s how a tepid economy and rising interest rates support a strong stock market.

Improving a company’s management of working capital can generate cash and improve performance far beyond the finance department. Here’s how.

When the stakes couldn’t be higher, the quality of the decision making can make all the difference. Process improvements can help.