As the worldwide financial crisis has shown, the financial markets have more or less merged into one single global market place in the last decade where investors can choose between countless alternatives to invest. Due to the resultant increasing competition, companies have to be managed in the interest and for the long-term benefit of shareholders whose investments are essential for long-term sustainability. To this effect, the VBM approach has been developed. In fact, striking a balance regarding its success offers disastrous results, revealing that many companies are not able to efficiently implement this concept. Taking this into account, this book investigates how promoting conditions for VBM are created. Significant KSF determining success or failure are identified and evaluated by academic sources as well as by concrete management experiences. As a result an instrument for management practise is deduced, guiding executives in VBM implementation.
Christian Ladurner
Key Success Factors Shareholder Value Stakeholders Value Based Management