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A User’s Guide for Interpreting the CEO Letter to Shareholders

In: Handbook of Top Management Teams

Author

Listed:
  • Sebastien Point

Abstract

The enormous number of articles written about the CEO letter to shareholders shows the sort of fascination this document can exercise. Here we are going to inquire into this institutional mode of communication, which gets a lot of media exposure, and in which those in charge, CEOs, offer us their vision of past and future events; justify their actions and decisions; and try to make a good impression. Our interpretation of the documents published by companies on the CAC40 (the French stock-exchange) index, over the period 2003–5, suggests that everything is just a question of performance.

Suggested Citation

  • Sebastien Point, 2010. "A User’s Guide for Interpreting the CEO Letter to Shareholders," Palgrave Macmillan Books, in: Frank Bournois & Jérôme Duval-Hamel & Sylvie Roussillon & Jean-Louis Scaringella (ed.), Handbook of Top Management Teams, chapter 77, pages 663-673, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-30533-5_78
    DOI: 10.1057/9780230305335_78
    as

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