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Search results with tag "Value maximization"
PATHWAY MSFC Two-Semester Course Plan - Olin Business …
olin.wustl.eduThe objective of the company is assumed to be shareholder value maximization. Shareholder value is created by earning more than the cost of capital. The cost of capital is an opportunity cost – what investors could expect to earn on comparable investments in the financial markets. ... our approach is applicable to issues faced by managers ...