The concept of value-based management

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Reference no: EM131217771

The concept of value-based management or alternatively shareholder or stakeholder wealth creation is currently buzz words in the business environment. In your opinion would the latter or an approach of profit maximisation be more appropriate when one has to

1) manage for long-term sustainability and

2) considers the emphasis in financial reports on triple bottom line (profit, environment and social responsibility) reporting.

Reference no: EM131217771

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