Big companies increasingly consider creating values for stakeholders other than the main shareholders, says Peter Westaway of Deloitte.
For some time now we’ve all known that a balance sheet doesn’t tell the whole story when it comes to valuing a company.
For example, we are familiar with the idea that a company’s reputation and its brand strength can be immensely valuable even if they are not recorded in the accounts.
However, modern thinking goes further than just acknowledging that value comes in many forms and that some are more tangible than others. Now companies are considering who value is being created for.
The one in three
Deloitte’s recent survey of annual r
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