Shareholder value was dismissed as a fad and a fraud.

Since the 1980 s, shareholder value has increasingly become the focus of corporate governance.

GAMMA analysis focuses on a number of risks that vary in probability and expected impact on shareholder value.

The panellist from Rio Tinto emphasized that there was no dichotomy between socio economic responsibility and building shareholder value.

The Shareholder Spring Continues

Ownership and shareholder rights

It's about maximising space being a little creative with how you use it.

For example, they use return on equity as their primary measure of profitability, but neglect to distinguish between ROE and shareholder value.

In many but by no means all countries, the primary corporate objective is to maximize the long term return to shareholders (shareholder value).

However, despite an increasing awareness throughout the world that shareholder requirements must be met in order to attract and retain long term, low cost capital, the emphasis on shareholder value maximization has not precluded a growing emphasis on other corporate objectives.

An executive s inability to cash out shares and options for a substantial period would tie his or her payoff to long term shareholder value.

If an enterprise knowingly damages the interests of its stakeholders, it can risk negatively affecting its own ability to produce long term shareholder value.

This suggests that, rather than viewing shareholder value and stakeholder value as mutually exclusive objectives, there are indications that the opposite is true, and that the two objectives are probably interdependent in the long run.

Public organisations seeking to use public value as a principle need to create a corporate culture in which the pursuit of public values by employees is rewarded just as pursuing shareholder value is rewarded in private corporations.

But actions taken in the name of shareholder value often benefit only those whose wealth is closely tied to the company s profits, and may actually be harmful to many shareholders.

The average holding duration for each shareholder is three years.

Creditors of a corporation cannot recover debts from a shareholder.

If European banks had enough capital, a reduction in the value of Greek and other debt would reduce shareholder equity and disappoint investors, but it would not cause a banking crisis.

Since the 1980 s, shareholder value has increasingly become the focus of corporate governance. Managers and board members often receive stock based compensation, which gives them equity ownership rights and, in turn, creates a powerful incentive to maximize the market value of their companies shares.

Shareholder activists can also claim other (at least partial) victories at Yahoo!, where a shareholder activist forced the newly appointed CEO to resign for falsifying his educational credentials.

The mere existence of shareholder power to adopt such resolutions could well increase insiders incentives to target the corporation s political spending in ways that are consistent with shareholder interests.

This allowed us to assign a degree of influence to each shareholder.

This allowed us to assign a degree of influence to each shareholder.

Yet without shareholder pressure, all the signs are that the problem will persist.

We cannot rely on shareholder democracy as our only system of corporate control.

Rather, considerable attention should be given to their independence from the controlling shareholder.

Its major shareholder is the government of Finland, with 55.8 of the shares.

Reducing the face value of mortgages and providing the upside in case home prices were to rise in the long run to the creditor banks is another way to convert mortgage debt partly into shareholder equity.

Despite their claims that they are pursuing shareholder value, the actions of top managers, in particular, often reflect only their own interests, rather than those of shareholders who often hold the great majority of the shares.

First, once we look outside transfers within the financial sector, the total global effects of this chunk of finance is a gain of perhaps 340 billion in increased real shareholder value from higher expected future profits.

Notwithstanding that he is the sole shareholder, the company has its own legal personality.

It was the result of decades of sustained activism, shareholder advocacy and consumer advocacy.

In the longer term this will assist in prioritising the expenditure of limited resources towards maximising the potential humanitarian returns in the most timely manner possible.

In sum, corporate meddling in politics is bad not just for those members of society who are not corporate shareholders. It also can be expected to reduce shareholder value and retard the development of an economy s corporate sector.

The OECD Principles outline a general consensus as to the nature of shareholder meetings and the requirement to make shareholder participation as simple and effective as possible and ensure the equitable treatment of all shareholders.

The shareholder activism around Apple highlights the importance and controversy of the short term problem.

Moreover, because maximizing shareholder value is a poor incentive for workers and middle managers, companies boards have increasingly centralized power around chief executives, thereby encouraging a heroic form of leadership that is detached from the rest of the enterprise.

They can take on more risk running a more highly leveraged business with less shareholder capital.

Total shareholder return (TSR) and corporate social responsibility (CSR) often seem completely divorced from each other.

In 2000, the European Bank for Reconstruction and Development became a shareholder by investing 5.4 million.

Any information disclosed to one shareholder should also be equally available to all shareholders (FEE, 2003a).

The Federation members file numerous shareholder resolutions in support of sustainable development practices by transnational corporations.

Normal services now provided by LIAT to shareholder Governments would be maintained during the stated period.

Value Unit value Volume

World Bank officials, shareholder advisers, and financial economists have all made considerable efforts to develop such standards.