Creating Value – From Corporate Governance to Total Shareholders Return. An Overview
e
19 nov 2016
INFORMAZIONI SU QUESTO ARTICOLO
Pubblicato online: 19 nov 2016
Pagine: 36 - 50
DOI: https://doi.org/10.1515/sbe-2016-0019
Parole chiave
© 2016 Herciu Mihaela et al., published by De Gruyter Open
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
The term “value” can be interpreted in a subjective way, depending about what we refer at. Usually the firm's value is related to the financial performance: profitability, cash flow, liquidity, solvability, etc. A corporation can create and in some cases reduce value for its stakeholders. Also, a corporation can create value for the stakeholders by simply creating jobs, paying taxes and help the population to improve their financial situation. The aim of the paper is to describe the process of value creation starting with corporate governance, continuing with stakeholders’ expectations and finishing with shareholders requests.