Shareholder value comes from residual profits after the expectations of all other stakeholders has been fulfilled.

1. Value Creation
Copyright 2013: Rajesh D.Mudholkar, Author - The Timeless Essence of Financial Scie

2. Customer value
is a result of
various
resources
consumed by an
enterprise to
create goods and
services
fulfilling
customer
expectations.
Equity
Copyright 2013: Rajesh D.Mudholkar, Author - The Timeless Essence of Financial Scie

3. The various
resources
work together
synergistically
to
create value.
Copyright 2013: Rajesh D.Mudholkar, Author - The Timeless Essence of Financial Scie

4. Obligation to
fulfill the
expectations
of each
resource in
exchange for its
contribution to
value, leaves
only residual
value for the
entrepreneurs.
Copyright 2013: Rajesh D.Mudholkar, Author - The Timeless Essence of Financial Scie

5. Do enterprise
managements
correctly
understand
entrepreneurs’
expectations
and are they
accordingly
delivered?
?
Copyright 2013: Rajesh D.Mudholkar, Author - The Timeless Essence of Financial Scie

6. Do enterprise
managements
correctly
understand
entrepreneurs’
expectations
and are they
accordingly
delivered?
?
Copyright 2013: Rajesh D.Mudholkar, Author - The Timeless Essence of Financial Scie