Implementing value‐based strategic management
Bernard C. Reimann
(Professor of management at the James J. Nance College of Business Administration of Cleveland State University in Cleveland, Ohio.)
189
Abstract
Most top executives of major public corporations insist that they manage their firms in the best interests of their share‐holders. In fact, during the carefree Fifties and the go‐go Sixties most of them did indeed concentrate on earnings growth, and the stock market rewarded them accordingly. Executive compensation and bonus plans were designed to be driven by growth in earnings per share (EPS). Not surprisingly, corporate executives became more and more convinced that growth in earnings was the name of the game.
Citation
Reimann, B.C. (1986), "Implementing value‐based strategic management", Planning Review, Vol. 14 No. 4, pp. 6-9. https://doi.org/10.1108/eb054149
Publisher
:MCB UP Ltd
Copyright © 1986, MCB UP Limited