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Coopers & Lybrand L.L.P. Launches Shareholder Value Management Practice.


NEW YORK--(BUSINESS WIRE)--May 18, 1998--Coopers & Lybrand L.L.P. today announced the launch of the Shareholder Value Management (SVM SVM Support Vector Machines
SVM School of Veterinary Medicine
SVM Solaris Volume Manager
SVM Space Vector Modulation
SVM Storage Virtualization Manager (StoreAge)
SVM Service Module (also abbreviated as S/M) 
) practice to help companies create and enhance shareholder value. Shareholder Value Management, a part of Coopers & Lybrand's Financial Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 line of business, is a system of performance and management that will help executives run a company with all measures, decisions and rewards focused on creating value.

"With shareholders and institutional investors becoming increasingly vigilant, the management team of every company is under tremendous pressure to maximize the value of its investment capital," notes Thomas Jones Thomas Jones is the name of:
  • Thomas Jones, Baron Maelor (1898–1984), Welsh Member of Parliament
  • Thomas Jones (artist) (1742 - 1803), Welsh landscape painter
  • Thomas Jones (football player) (b.
, New York-based leader of the SVM practice. "The SVM model aligns managers' interests with owners' interests and aims to help managers make long-term, value-creating decisions at all levels of business." Jones formerly led the economic value management practice at another Big Six professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firm and has advised companies on shareholder value management implementation for over 10 years. At Coopers & Lybrand he leads a group with extensive experience in implementing SVM across a multitude of industries globally.

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 Ray Ranelli, vice-chairman, Financial Advisory Services, Coopers & Lybrand, "Performance metrics Performance metrics are measures of an organizations activities and performance. Performance metrics should support a range of stakeholder needs from customers, shareholders to employees [1].  such as Economic Value Added Economic value added (EVA)

A method of performance evaluation that adjusts accounting performance for investors' required return on investment. Suppose a division produces a 12% return on capital invested.
 (EVA Eva

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1. Eva - A toy ALGOL-like language used in "Formal Specification of Programming Languages: A Panoramic Primer", F.G.
) are regarded as credible measures to capture a company's true economic performance. While simply measuring EVA is certainly a first step toward increasing shareholder value it does not tell management how it can more effectively maximize shareholder value. The SVM team at Coopers & Lybrand brings vast experience in helping companies implement shareholder value management at all levels of business for increased economic profit to management and shareholder alike."

One of the world's leading professional services firms, Coopers & Lybrand L.L.P. provides services for enterprises in a wide range of industries. The firm offers its clients the expertise of more than 19,000 professionals and staff in offices located in 100 U.S. cities and, through the global network of Coopers & Lybrand International, more than 82,000 people in 138 countries worldwide. -0-

If you would like to learn more about Coopers & Lybrand L.L.P., our Internet address is: http://www.us.coopers.com

CONTACT: Coopers & Lybrand

Rimjhim Dey, 212-259-4079

Rimjhim.Dey@us.coopers.com
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 18, 1998
Words:358
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