Rapp, Marc Steffen; Schellong, Daniel A.; Schmidt, … - Lehrstuhl für Finanzmanagement und Kapitalmärkte - 2010
We empirically study the use of value–based management systems in listed German firms and examineimplications for firms … value–based management systems become increasinglycommon. Specifically, in 2008 42% of our sample firms have implemented … such a system. Inthe empirical analysis, we find that firms that implement value–based management systems earn …