Alfred Rappaport (economist)

In 1979, he co-founded The Alcar Group in Skokie, Illinois with Carl Noble Jr,^[5] and served as its chairman.^[6] Alcar designed financial modeling products used to analyze the monetary impact of various business strategies, including mergers and acquisitions, divestitures and debt restructuring.^[5] In 1993, Alcar merged with L.E.K. Partnership,^[7][8] which then rebranded to LEK/Alcar Consulting Group LLC.^[9] From the mid-1990s, the company pioneered value-based management (VBM), based on Rappaport's academic work.^[10] The company merged with software maker Hyperion Solutions in 2003.^[5]

Rappaport is the originator of "The Wall Street Journal Shareholder Scoreboard", which ranks total shareholder returns of the 1,000 highest value U.S. companies, published annually from 1995 to 2008.^[1] He was a regular contributor to The Wall Street Journal, The New York Times, Fortune, BusinessWeek,^[1] and the Harvard Business Review.^[11] His published books include:

• Creating Shareholder Value: The New Standard for Business Performance'; Simon and Schuster. 13 October 1999. ISBN 978-0-684-84456-5
• Expectations Investing: Reading Stock Prices for Better Returns; Harvard Business School publishing; with Michael Mauboussin (2001)^[12]
• Alfred Rappaport; John C. Bogle (19 August 2011). Saving Capitalism From Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future. McGraw Hill Professional. ISBN 978-0-07-173637-4.