A Model for Focusing Executives on Long-term Value Creation
Harvard Business Review
OCTOBER 21, 2011
Since implementing its long-term ownership/incentive plan 20 years ago, its market share has tripled and the company is now the second-largest wine producer and the owner of the No. Revenue and earnings grew at over 12% CAGR over the last decade — accelerating though the recession. 1 wine brand by volume (Franzia).
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