“And so why is that? It's because shareholders look to the…” — Cato Audio at 48:01
“And so why is that? It's because shareholders look to the future. They look ahead when they value a business. And so shareholder value, it's a long-term concept. So how does a corporate manager maximize shareholder value? Well, of course, shareholder value is the value of the business minus any debt. So we want to…”
0:00
1:11:54