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The inventor of the term "shareholder value" critiques the corporate and investment worlds' overemphasis on short-term earnings--and provides new incentives and accounting practices that can help companies grow over the long term
Offers an alternative for identifying value-price gaps, built around a deceptively simple and obvious tool: a company's stock price. This title reveals how portfolio managers, security analysts, and individual investors can evaluate established and "new economy" stocks alike - and translate shareholder value from theory to reality.
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