Vijay Shankar Sharma
Textbook finance, M&A, governance, strategy, and organisation terms. Not UNITE and not Layer 4. 147 terms. Textbook meanings only.
9 terms. Page 1 of 1.
accounting · intro
A financial statement that presents a company's assets, liabilities, and shareholders' equity at a specific point in time, structured around the fundamental accounting identity that assets equal liabilities plus equity. It provides a snapshot of what a company owns and owes, in contrast to the income statement, which covers performance over a period.
strategy · intermediate
A strategic framework, developed by researchers W. Chan Kim and Renée Mauborgne, advocating that companies pursue uncontested market space by creating new demand, rather than competing head-to-head against established rivals in existing, saturated markets, described metaphorically as a 'red ocean' of intense competition.
governance · intermediate
The range of backgrounds, skills, and perspectives represented among a company's board of directors, including but not limited to gender, ethnicity, professional background, and tenure. Research on the relationship between board diversity and financial performance has produced mixed results, though diversity is also often defended on governance grounds independent of any performance link.
governance · intro
The group of individuals elected by a company's shareholders to oversee management, set overall strategic direction, and represent shareholder interests. Boards typically include a mix of executive directors, who also hold management roles, and independent directors, who have no other material relationship with the company.
finance · intro
The value of a company's assets as recorded on its balance sheet, minus its liabilities, representing the accounting net worth of the company rather than its market value. Book value can diverge substantially from a company's actual market capitalisation, particularly for businesses whose value depends heavily on intangible assets not fully reflected on the balance sheet.
ma · intermediate
Also called: termination fee
A fee that a target company agrees to pay an acquirer if a signed acquisition agreement is terminated under specified circumstances, such as the target's board accepting a competing offer, intended to compensate the original acquirer for the time and cost invested and to discourage the target from opportunistically abandoning the deal.
finance · intermediate
Also called: bridge loan
Short-term financing used to provide immediate cash flow until a company can arrange more permanent, typically larger, financing, such as a bridge loan used to fund a company between venture capital rounds or during an acquisition process.
risk · intro
Also called: business continuity plan
The process of creating systems and procedures to ensure a company can continue operating, or quickly resume operating, during and after a significant disruptive event, such as a natural disaster, cyberattack, or major supplier failure.
strategy · intro
The overall plan by which a company creates, delivers, and captures value, encompassing how it identifies customers, what it offers them, how it generates revenue, and what its underlying cost structure looks like. Fundamentally changing a company's business model, rather than merely its products, is often the most difficult form of strategic change to execute.