Question: Should managers interpret changes in the total market value of the shares (i.e., share price multiplied by the number of shares outstanding) over time as

Should managers interpret changes in the total market value of the shares (i.e., share price multiplied by the number of shares outstanding) over time as an indicator of shareholder value created (or lost)?

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Should managers take changes in the total market value of the shares (that is, share price number of shares issued) over time as an indicator of shareholder value created (or lost)?

Should managers take changes in the total market value of the shares (that is, share price number of shares issued) over time as an indicator of shareholder value created (or lost)? Why?

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