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Financial Performance Measures and Value Creation: the State of the Art (SpringerBriefs in Business)

Daniela Venanzi




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 | #3444425 in eBooks |  2011-12-01 |  2011-12-01 | File type: PDF

||From the Back Cover|The choice of financial performance measures is one of the most critical challenges facing organizations. The accounting-based measures of financial performance have been viewed as inadequate, as firms began focusing on shareholder value

The choice of  financial performance measures is one of the most critical challenges facing organizations. The accounting-based measures of financial performance have been viewed as inadequate, as firms began focusing on shareholder value as the primary long-term objective of the organization. Hence, value-based metrics were devised that explicitly incorporate the cost of capital into performance calculations.  Despite the increasing emphasis on these value-bas...

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