The current financial crisis has caused many of us to question the motives and actions that drive the business world, even the basic notion that firms should be run so as to maximize shareholder value has come under increasing scrutiny. Very simply, the failures of some of our nation's most venerable financial institutions has called into question the very premise of Value based Management (VBM). Moreover, lavish CEO compensation coming a time when rank and file employees, suppliers and other stakeholders of these corporations are suffering has produced public outrage. In this book the authors provide an up-to-date look at Value Based Management and find that the underlying concept is as sound today as ever.

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