Creating Shareholder Value: The New Standard for Business Performance

Rappaport, Alfred

ISBN 10: 0029257204 ISBN 13: 9780029257203
Published by The Free Press, 1986
Used Hardcover

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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.

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Bibliographic Details

Title: Creating Shareholder Value: The New Standard...
Publisher: The Free Press
Publication Date: 1986
Binding: Hardcover
Condition: Very Good

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Paperback. Condition: Very Good. 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. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Seller Inventory # GOR003324159

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