Creating Shareholder Value: A Guide for Managers and Investors

Type
Book
Authors
ISBN 10
0029257204 
ISBN 13
9780029257203 
Category
Unknown  [ Browse Items ]
Publication Year
1986 
Publisher
Pages
272 
Description
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. - from Amzon 
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