Groth, John C.; Kinney, Michael R. - In: Management Decision 32 (1994) 4, pp. 52-57
costs. Success at cost management has a phenomenal effect on value because of the relationships between costs, business risk …, financial risk, and valuation. These relationships are non‐linear. Consequently, success in cost management yields amplified … benefits in terms of value creation. In a counter sense, shortcomings in cost management result in an intensified eradication …