Creating Shareholder Value: A Guide for Managers and Investors

4.23 avg rating
( 48 ratings by Goodreads )
 
9780029257203: Creating Shareholder Value: A Guide for Managers and Investors

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.

"synopsis" may belong to another edition of this title.

Review:

Should a company's management be most accountable to employees, customers, or management itself? In Creating Shareholder Value, Alfred Rappaport argues that management's primary responsibility is to company shareholders. First published 12 years ago, the ideas put forth by Rappaport have since become commonplace in companies around the world.

Rappaport eschews the most common measures of a company's performance, such as price-to-earnings ratios ("Cash is a fact, profit is an opinion"), return on investment, and equity measures, instead concentrating on developing a shareholder value approach that measures "value drivers" such as sales-growth rates, operating profit margins, and cost of capital. This revised and updated edition addresses the issues of corporate downsizing and the social responsibilities of business. It also includes new sections on the value of mergers and acquisitions and how to implement a shareholder value system. Both managers and investors alike will find this book useful.

About the Author:

Dr. Alfred Happaport, the Leonard Spacek Professor Emeritus of J. L. Kellogg Graduate School of Management at Northwestern University, developed the idea for the Shareholder Scoreboard, published annually by The Wall Street Journal. He is co-founder and former Chairman of the Board of The Alcar Group Inc., whose consulting and education practices are now part of The LEK/Alcar Consulting Group, LLC, the U.S. operation of a worldwide strategy consulting firm. He has been a guest columnist for The Wall Street Journal, The New York Times, and Business Week, and lives in La Jolla, California.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Rapparport, Alfred
Published by Free Press
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
Your Online Bookstore
(Houston, TX, U.S.A.)
Rating
[?]

Book Description Free Press. Hardcover. Book Condition: New. 0029257204 Ships promptly. Bookseller Inventory # HGT6276CFGG011617H0646

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 6.95
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

2.

Alfred Rapparport
Published by Free Press, U.S.A. (1986)
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
Current Books
(San Rafael, CA, U.S.A.)
Rating
[?]

Book Description Free Press, U.S.A., 1986. Hardcover. Book Condition: New. Dust Jacket Condition: New. Hardcover with dust jacket. New. Fine. 272 pages. Size: O. Bookseller Inventory # 018392

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 5.00
Convert Currency

Add to Basket

Shipping: US$ 3.95
Within U.S.A.
Destination, Rates & Speeds

3.

Alfred Rapparport
Published by Free Press (1986)
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
Letusbegin
(Ossining, NY, U.S.A.)
Rating
[?]

Book Description Free Press, 1986. Hardcover. Book Condition: New. New Hardcover! Pristine unmarked pages, may have very slight warehouse wear, no remainder marks, still a great buy straight from warehouse unread, sealed in plastic, exact artwork as listed, Bookseller Inventory # 039160831062

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 6.80
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Alfred Rappaport
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Quantity Available: 1
Seller
Castle Rock
(Pittsford, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800292572031.0

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 12.81
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

5.

Alfred Rapparport
Published by Free Press (1986)
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Free Press, 1986. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0029257204

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 16.04
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

6.

Alfred Rapparport
Published by Free Press (1986)
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description Free Press, 1986. Hardcover. Book Condition: New. book. Bookseller Inventory # 0029257204

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 23.41
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

7.

Alfred Rapparport
Published by Free Press (1986)
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Quantity Available: 1
Seller
Nearfine Books
(Brooklyn, NY, U.S.A.)
Rating
[?]

Book Description Free Press, 1986. Book Condition: new. Shiny and new! Expect delivery in 20 days. Bookseller Inventory # 9780029257203-1

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 19.99
Convert Currency

Add to Basket

Shipping: US$ 4.00
Within U.S.A.
Destination, Rates & Speeds

8.

Alfred Rapparport
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
AMAZINGBOOKDEALS
(IRVING, TX, U.S.A.)
Rating
[?]

Book Description Hardcover. Book Condition: BRAND NEW. BRAND NEW. Fast Shipping. Prompt Customer Service. Satisfaction guaranteed. Bookseller Inventory # 0029257204BNA

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 23.43
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

9.

Alfred Rapparport
Published by Free Press (1986)
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 2
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Free Press, 1986. Hardcover. Book Condition: New. Bookseller Inventory # P110029257204

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 31.13
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

10.

Rapparport, Alfred
Published by Free Press
ISBN 10: 0029257204 ISBN 13: 9780029257203
New Hardcover Quantity Available: 1
Seller
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description Free Press. Hardcover. Book Condition: New. 0029257204 New Condition. Bookseller Inventory # NEW6.1014554

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 59.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds