Friday, July 11, 2008

The questions of 'cost'

Book Value
High Performance with High Integrity
Ben W. Heineman Jr

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.


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