Many managers are caught in a dilemma: between a desire to maximize the value of their companies and the demands of … new way of measuring value. The purpose of this paper is to explore how value-based management is perceived, implemented …, and utilized in leading automotive corporations in Germany, and to examine factors that influence the decision to utilize …

In this paper, the author investigated the influence of management decisions like capital structure, dividend policies … is to increase awareness and relationship between management and shareholders of the companies. To achieve the objective …, portfolio theory, capital asset pricing model and modern financial theory providing evidence on the linkage between management …