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Value-Based Management - Antecedents and Performance Effects

Rainer Lueg

出版	SSRN, 2014
URL	http://books.google.com.hk/books?id=sXIWzwEACAAJ&hl=&source=gbs_api

註釋

Value-based Management (VBM) is an approach to corporate governance that aims at the long-term maximization of the total value of a company. By focusing on measurable performance indicators and forward-looking capital market expectations, VBM is to prevent selfish or short-sighted actions, e.g., of top managers or other stakeholders. The aim of this work is the empirical investigation of success factors and the performance effects of VBM.