Creating shareholder value

This book, written by Alfred Rappaport, provides practical tools and tests for corporate strategies that create shareholder value.

It covers applications in business planning, performance evaluation, executive compensation, mergers and acquisitions, interpreting stock market signals, and organizational implementation.

Rappaport emphasizes the importance of focusing on long-term strategies rather than short-term gains and explains key concepts such as corporate value, shareholder value added (SVA), and the role of shareholder value in decision-making.

The book includes case studies, such as the acquisition of Duracell International by Gillette, to illustrate the intricate decisions and risks involved in mergers and acquisitions.