Drivers creating shareholder value in South African manufacturing firms

Show simple item record Hall, J.H. (John Henry) 2013-04-26T13:03:22Z 2013-04-26T13:03:22Z 2012
dc.description.abstract The objective of this study was to analyse the value drivers of manufacturing firms listed on the Johannesburg Stock Exchange. Unique performance measurement tools and processes exist in the manufacturing industry. The creation and measurement of shareholder value however, should be the goal of any manager in a firm. In order to optimise shareholder value creation, it is necessary to identify value drivers that management can control. A multiple regression analysis was used to identify the significant micro-value drivers of South African manufacturing firms. It was found that the value drivers that are significant in the explanation of shareholder value are the cost of goods to sales percentage, the degree of manufacturing leverage and the capital investment in plant and equipment. Value-based management, incorporating these value drivers, can guide manufacturing managers towards optimal shareholder value creation. en_US
dc.description.librarian am2013 en_US
dc.description.librarian ff2014
dc.description.uri en_US
dc.identifier.citation Hall, JH 2012, 'Drivers creating shareholder value in South African manufacturing firms', Journal of Applied Business Research, vol. 28, pp. 1-31. en_US
dc.identifier.issn 0892-7626 (print)
dc.identifier.issn 2157-8834 (online)
dc.language.iso en en_US
dc.publisher Clute Institute for Academic Research en_US
dc.rights Contact authors for permission en_US
dc.subject Shareholder value en_US
dc.subject Micro-value drivers en_US
dc.subject Value-based management en_US
dc.subject Manufacturing en_US
dc.subject.lcsh Stockholder wealth -- South Africa en
dc.subject.lcsh Management -- South Africa en
dc.title Drivers creating shareholder value in South African manufacturing firms en_US
dc.type Article en_US

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