Creating shareholder value : the new standard for business performance

書誌事項

Creating shareholder value : the new standard for business performance

Alfred Rappaport

Free Press , Collier Macmillan, c1986

タイトル別名

Shareholder value

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注記

Bibliography: p. 241-257

Includes index

内容説明・目次

内容説明

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.

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