Creating Shareholder Value
eBook - ePub

Creating Shareholder Value

A Guide For Managers And Investors

  1. 224 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Creating Shareholder Value

A Guide For Managers And Investors

About this book

Economist, consultant, and Wall Street Journal contributor Alfred Rappaport provides managers and investors with the practical tools and tests for a corporate strategy that creates shareholder value. The ultimate test of corporate strategy, the only reliable measure, is whether it creates economic value for shareholders. After a decade of downsizings frequently blamed on shareholder value decision making, this book presents a new and indepth assessment of the rationale for shareholder value. Further, Rappaport presents provocative new insights on shareholder value applications to: (1) business planning, (2) performance evaluation, (3) executive compensation, (4) mergers and acquisitions, (5) interpreting stock market signals, and (6) organizational implementation. Readers will be particularly interested in Rappaport's answers to three management performance evaluation questions: (1) What is the most appropriate measure of performance? (2) What is the most appropriate target level of performance? and (3) How should rewards be linked to performance? Through the lens of high-stakes case studies, like the notable acquisition of Duracell International by Gillette, Rappaport dissects the intricate decisions and risks inherent in the merger and acquisition process. The shareholder value approach presented here has been widely embraced by publicly traded as well as privately held companies worldwide. Brilliant and incisive, this is the one book that should be required reading for managers and investors who want to stay on the cutting edge of success in a highly competitive global economy.

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Yes, you can access Creating Shareholder Value by Alfred Rappaport in PDF and/or ePUB format, as well as other popular books in Business & Corporate Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Free Press
Year
1999
eBook ISBN
9780684844565

Table of contents

  1. Cover
  2. Title Page
  3. Dedication Page
  4. Contents
  5. List of Illustrations
  6. Preface
  7. CHAPTER 1. SHAREHOLDER VALUE AND CORPORATE PURPOSE
  8. CHAPTER 2. SHORTCOMINGS OF ACCOUNTING NUMBERS
  9. CHAPTER 3. SHAREHOLDER VALUE APPROAch
  10. CHAPTER 4. FORMULATING STRATEGIES
  11. CHAPTER 5. VALUING STRATEGIES
  12. CHAPTER 6. STOCK MARKET SIGNALS TO MANAGEMENT
  13. CHAPTER 7. PERFORMANCE EVALUATION AND EXECUTIVE COMPENSATION
  14. CHAPTER 8. MERGERS AND ACQUISITIONS
  15. CHAPTER 9. IMPLEMENTING SHAREHOLDER VALUE
  16. CHAPTER 10. THE SHAREHOLDER SCOREBOARD
  17. Notes
  18. Index
  19. About the Author