Creating Shareholder Value by Alfred Rappaport
Creating Shareholder Value by Alfred Rappaport
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Creating Shareholder Value: The New Standard For Business Performance
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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.