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Creating Shareholder Value: The New Standard for Business Performance

Creating Shareholder Value: The New Standard for Business Performance

Name: Creating Shareholder Value: The New Standard for Business Performance
Brand: Recyclivre
Author: Alfred Rappaport
ISBN: 9780029257203

Alfred Rappaport

05/12/1986
The Free Press

NC (0 avis)

Couverture de Creating Shareholder Value: The New Standard for Business Performance par Alfred Rappaport

Résumé

Increased annual sales and growth of earnings - these are the usual standards of success for the American corporation. But what does it mean if the company achieves its goals but the value of its stock declines at the same time? According to Rappaport, these companies are judging success by the wrong standards, and often become the target for takeovers. Rappaport argues that the ultimate test of corporate strategy, indeed the only reliable measure, is whether it creates economic value for shareholders.