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Shareholder value - Coggle Diagram

- - - - Reward Operating execs for superior multiyear value
    - - Strategic decisions should maximise expected value
        
        Short-term damages long-term
        
        Generate value over time
        
        How do strategies effect value?
        
        Probability of success
        
        Does it require capital?
    - - Reward CEOs and senior execs for long-term returns
    - - Do not manage earnings
        
        Results should be real
        
        Understand long-term vision
      - Do not provide earnings guidance
    - - Return cash to share holders in absence of value-creating opportunities
    - - Reward middle managers and frontline employees for superior performance on key value drivers they influence directly.
    - - Make acquisitions that maximise expected value
    - - Require senior execs to bear risks of ownership
    - - Carry only assets which maximise value
        
        Cannot be everything to everyone
    - - Provide investors with value-relevant information
- - - - Push back