Value-based Management - Context & Application (Hardcover)

Modern finance theory suggests that a firm's prime goal should be to maximise shareholder wealth, and companies are increasingly targeting the creation of value for shareholders as their principal objective. This book takes a critical look at the success and also failure of value-based management, its development, the principles on which it is based, and the main techniques that it involves. (Kirkus UK)

Over the past ten years hundreds of leading companies worldwide have adopted the principles of value-based management (VBM), an approach to corporate strategy and business organisation in which the primary objective is always shareholder wealth maximisation. As VBM has become more widespread the idea of shareholder value has become integral to business. Consultancies have prospered by selling prescriptions for developing a value-oriented firm and managers thought to be excellent in generating shareholder value are held in high esteem and command huge salaries. This book draws on empirical evidence to demonstrate the success of VBM ideas as well as highlighting many of the hidden questions, doubts and difficulties. It examines the validity of some of the underlying assumptions of VBM and tackles many of the key technical issues. This book provides a timely assessment of the theory and practice of VBM as it grows to maturity.

General

Imprint:	John Wiley & Sons
Country of origin:	United States
Release date:	March 2000
First published:	June 2000
Authors:	G Arnold
Dimensions:	236 x 161 x 31mm (L x W x T)
Format:	Hardcover
Pages:	388
ISBN-13:	978-0-471-89986-0
Categories:	Books > Business & Economics > Finance & accounting > Accounting > Management accounting Books > Business & Economics > Business & management > Management of specific areas > Budgeting & financial management Promotions
LSN:	0-471-89986-0
Barcode:	9780471899860

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!