Since RAPPAPORT constituted the shareholder value concept in the early 80s, protagonists of the economy have largely agreed upon: Maximizing shareholder value should be in the centre of a successful corporate management. However, with increasing dissemination and difficulties in implementing the concept in practice, critics on the shareholder value approach have become louder. Next to scepticism on the general reliability of shareholder value analysis and its suitability for evaluating a firm and its strategies, a lively discussion about the justification of the superior treatment...
Since RAPPAPORT constituted the shareholder value concept in the early 80s, protagonists of the economy have largely agreed upon: Maximizing shareh...
