Many firms and management consultants believe that in order for a firm's managers to buy into a
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Many firms and management consultants believe that in order for a firm's managers to buy into a financial performance metric, they must be compensared on the basis of their performance as measured by that metric. What problems could you forsee resulting from a firm's implementing EVA or CFROI as a management compensation program? Would its singular pursuit of these measures help or hinder the firm's pursuit of sharcholder wealth building?
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Multinational Business Finance
ISBN: 9780201635386
9th Edition
Authors: David K. Eiteman, Michael H. Moffett, Arthur I. Stonehill, Denise Clinton
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