Theory in Action: Economic Profit: An Old Concept Gains New Significance

Abstract

Profitability as a measure of performance just doesn't cut it any more. On Wall Street these days, it's not good enough to know a company earned money. Instead, the focus is shifting to the quantifiable monetary value that is created for shareholders.

Citation

Bell, L.W.W. (1998), "Theory in Action: Economic Profit: An Old Concept Gains New Significance", Journal of Business Strategy, Vol. 19 No. 5, pp. 13-15. https://doi.org/10.1108/eb039959