Marketing for share price effect
Malcolm McDonaldCranfield School of Management
Emeritus Professor Malcolm McDonald of Cranfield School of Management shows how marketing can demonstrate its contribution to shareholder value.
The most common financial objective of modern commercial corporations is the sustainable creation of shareholder value (SVA). This can be achieved only by providing shareholders with a total return from capital growth and dividend yield that exceeds their risk-adjusted required rate of return for this particular investment.
The failure of the marketing community to get to grips with shareholder value is the real reason so few companies have a marketing...