Exhibit 19.1 Building Shareholder Value Means Building Earnings The Goal:Increase the share price of the firm Price EPS Increasing the share Management directly Management only indirectly price means controls through its influences the market's increasing earnings. efforts the earnings per opinion of the company's share of the firm. earnings as reflected in the P/E. Building "value"means growing the firm to grow earnings. The largest growth potential is global. Copyright 2007 Pearson Addison-Wesley.All rights reserved. 19-6Copyright © 2007 Pearson Addison-Wesley. All rights reserved. 19-6 Exhibit 19.1 Building Shareholder Value Means Building Earnings