The Market Value Drivers of Public Corporations

RESPECT
FOR THE
GENIUS OF
THE INDIVIDUAL

CULTURE
Tradition of Respect For
Power Outside Government
HISTORY
Societal Support For Wealth
Based On Performance
ECONOMY
Viable Trading System

INSTITUTIONAL
Minority Investor
Protection
Effective
Regulation
Legal System

MARKET VALUES
Economic
Investment
Accounting
Cash Flow

GOVERNANCE
Compliance
With Law
Disclosure/Restraint
With Government
Accountability
To Owners

SOCIAL
ECOLOGICAL
VALUES
In Harmony
With Public
Well-being

The Fully Realized Public Corporation