Chari, Latha S.; Mohanty, R.P. - In: International Journal of Accounting, Auditing and … 4 (2007) 6, pp. 633-649
Shareholder value depends on the intrinsic value of a company which, in turn, is driven by sales growth rate, operating profit margin, incremental capital investment, income tax and cost of capital (Rappaport, 1998). Often, there is confusion among professionals as to which of the value drivers...
