Friday, July 11, 2008

The questions of 'cost'

Book Value
High Performance with High Integrity
Ben W. Heineman Jr
( http://www.tatamcgrawhill.com/)

Judgment and values, versus calculation

Marrying performance with principles isn’t free, it comes with a cost, says Ben W. Heineman Jr in High Performance with High Integrity. Three costs he discusses, in this context, are: the cost of adhering to formal financial and legal requirements, the cost of adhering to voluntarily adopted global standards, and the cost of lost business.

More

No comments: