search query: @author Albach, H. / total: 43
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| Author: | Albach, H. |
| Title: | Shareholder Value und Unternehmenswert - theoretische Anmerkungen zu einem aktuellen Thema |
| Journal: | Zeitschrift für Betriebswirtschaft
2001 : JUN, VOL. 71:6, p. 643-674 |
| Index terms: | Shareholder value Firm (theory of) |
| Language: | ger |
| Abstract: | The paper analyzes two aspects of Rappaport´s theory of shareholder value maximization. First: is shareholder value maximization a generally accepted goal in the theory of the firm? Second: is maximization of the sum of the values of the divisions in a multi-product firm consistent with shareholder value maximization? It is shown that in the dynamic theory of the firm shareholder value maximization is generally accepted. |
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