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Value-Based Management : Context and Application, Hardcover by Arnold, Glen (EDT); Davies, Matt (EDT), ISBN 0471899860, ISBN-13 9780471899860, Brand New, Free shipping in the US
This book uses some of the first empirical evidence available to assess the theory and practice of VBM a business strategy and organization approach in which shareholder wealth maximization is the primary objective. Topics of the sixteen chapters include VBM's development; a review of VMB in practice, based on literature, surveys, and case studies; challenges to VMB, including one by a stakeholder; economic added value (EVA) and other approaches to performance measurement; the shareholder value concept in the banking business; lessons from the experiences of Lloyds TSB, one of Britain's largest companies and one of the first to adopt VBM; and accounting measurement policies and difficulties. Annotation c. Book News, Inc., Portland, OR ()
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