Back in the 1980s, the economist Al Rappaport captured the spirit of the times by devising a new goal for the corporation: the maximisation of shareholder value. The measure of a CEO's achievement was the total return achieved for shareholders during his tenure.
上世紀80年代,經濟學家阿爾?拉帕波特(Al Rappaport)抓住時代精神,為企業設計了新的目標:實現股東價值最大化。衡量首席執行官業績的標準,是其在任期內為股東實現的總回報。
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