Summary:
The book provides a framework for business leaders and investors to align their strategies with the goal of maximizing shareholder value, emphasizing the importance of long-term value creation over short-term financial gains. It offers practical tools and methodologies for decision-making, including the discounted cash flow model for evaluating investment opportunities and corporate performance.
Key points:
1. Prioritize Shareholder Value: Companies should aim to boost the long-term value of their shares, benefiting investors, employees, customers, and the economy.
Books similar to "Creating Shareholder Value":
The Value Mindset
Erik Stern|Mike Hutchinson
Value
Tim Koller|Richard Dobbs|Bill Huyett|McKinsey & Company Inc.
Value Creation Principles
Bartley J. Madden
Warren Buffett Wealth
Robert P. Miles
Go Long
Dennis Carey|Brian Dumaine|Michael Useem|Rodney Zemmel
Warren Buffett's Ground Rules
Jeremy C. Miller
Winning Now, Winning Later
David M. Cote
Grow the Pie
Alex Edmans
Show the Value of What You Do
Patricia Pulliam Phillips|Jack J Phillips
Drive Business Performance
Bruno Aziza|Joey Fitts