Augmented Corporate Valuation From Digital Networking to ESG Compliance Second Edition 2026

Across all these chapters, a common thread runs through the book: firms are viewed as nodes in networks of stakeholders, contracts, technolo-gies, and regulations. The discounted cash flow logic provides a unifying roadmap, but empirical evidence, sector-specific structures, and behav-ioral insights consistently enrich and challenge it. The result is a modular yet integrated framework in which each chapter illuminates one essential dimension of value, and the reader gradually assembles a comprehensive, practice-oriented view of corporate valuation. This is the spine of the book and the line that holds its chapters together, like a Shanghai game where interactions among moving “pieces” are hardly predictable: valuation is no longer the mechanical estimation of a number but the disciplined reading of systems that generate, protect, distort, or destroy cash flows under uncertainty. The book starts from a decisive shift.