... measurement that best explains shareholder value creation for that industry; for example, for five of the nine categories (industries) that were analyzed, market value added was found to be the best shareholder value creation measurement, but for capital-intensive firms and manufacturing firms, the Qratio...

... adjusted return Market value added Shareholder value creation It is one of the business orthodoxies of our age that the main goal of every enterprise is to maximize shareholder value. Even without embarking on the philosophical waters of whether this is indeed the most prudent or ultimate goal...