Value Based Management: The Corporate Response to the Shareholder Revolution

by J. William Petty II, John D. Martin, James S. Wallace

Book Overview

As the first decade of the 21st century winds down we have seen a sea change in society's attitudes toward finance. The 1990s can best be described as the decade of shareholder supremacy, with each... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0875848001
• ISBN13: 9780875848006
• Release Date: January 2000
• Publisher: Oxford University Press, USA
• Length: 249 Pages
• Weight: 1.30 lbs.
• Dimensions: 1.2" x 9.0" x 6.1"

Customer Reviews

VBM for Starters

Martin's book is an excellent introduction to the practice of Value Based Management. Although it is far from being an MBA type book, it explains the basics and shows some good examples. Maybe the strongest point of the book is the comparison of several approaches used by the biggest consulting companies sponsoring VBM: Stern Stewart's EVA versus BCG's and McKinsey's measures. When you're ready to climb another step, the best choice is Young and O'Byrne's "EVA and Value Based Management". It goes deep in details of implementation of EVA based systems, is comprehensive and technically advanced and also give pros and cons of the measure.