Creating Shareholder Value : A Guide for Managers and Investors

Rappaport, Alfred

ISBN 10: 0029257204 / ISBN 13: 9780029257203

Published by New York, NY, U.S.A.: MacMillan, 1986, 1986

About this Item

VG+/VG. 3rd printing. 270 pp. DJ lightly rubbed; rear DJ panel lightly sunned. Spine square, tight. Interior very bright, clean. No marks. Very nice reading/reference copy.

Seller Inventory # 7958

Bibliographic Details

• Title: Creating Shareholder Value : A Guide for Managers and Investors
• Publisher: New York, NY, U.S.A.: MacMillan, 1986
• Publication Date: 1986
• Language: English
• ISBN 10: 0029257204
• ISBN 13: 9780029257203
• Binding: Hardcover
• Condition: Very Good
• Dust Jacket Condition: Dust Jacket Included
• Seller catalogs:
  • Recent Books for Sale

About this title

Synopsis

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.

Review

Stephen F. Bollenbach "President and CEO, Hilton Hotels Corporation Updates all of us on the front lines with the latest thinking about creating shareholder value--from the social aspects to the very specific. I recommend this book to any person seriously concerned about the function of a corporation in a market economy.