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‘Shareholder value’ is the new watchword in corporate financial management. But Jim Creelman questions how many of today’s accounting packages are capable of measuring such value.
Value proposition - Part 2 | Part 1
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It is vital that value-adding principles guide the decision making processes of management. It is the management of any organisation that controls the major performance levers and makes the significant capital allocation decisions.
If capital allocation decisions are taken without value-creating principles directing these determinations, any value-creating approach will be essentially an irrelevance.
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Consultants' Advisory 2001
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