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The management and Directors of Google have stated that there is no plan for Google to ever pay dividends. Yet, the stock trades at a very high price in dollar terms (around $490 per share currently) and at a P/E of around 20.
Based on the valuation concepts discussed in the text, how can these values be justified by investors (investors must have done that because they are the value placed on Google shares by folks actually buying and selling the shares)?
How accurate can that justification be? What factors are likely cause errors in valuing Google stock?
Need to describe in-depth the contrast and comparison of instrumental versus intrinsic within the business ethics development.
Describe the behaviours of leaders modelling excellence. How do you assess excellence and how does that inspire you to perform at a higher level?
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