STOCK PRICE AND BUSINESS SUCCESS: WHAT IS THE RELATIONSHIP?
Bernard C. Reimann
(Professor of Management at the James J. Nance College of Business Administration of Cleveland State University in Cleveland, Ohio)
331
Abstract
Victories in product market competitions are not automatically translated into stock market value. And conventional accounting methods alone don't necessarily reveal true value. If managers want to link product market success with stock prices, they must also look at economic factors such as cash flow and cost of capital.
Citation
Reimann, B.C. (1987), "STOCK PRICE AND BUSINESS SUCCESS: WHAT IS THE RELATIONSHIP?", Journal of Business Strategy, Vol. 8 No. 1, pp. 38-49. https://doi.org/10.1108/eb039186
Publisher
:MCB UP Ltd
Copyright © 1987, MCB UP Limited