L.R.K. Krishnan, Sharon Sophia
The growth of the business depends on how well the business is able to utilise its funds with the main purpose of any business activity is cost optimisation and profit maximisation. As profit maximisation is the goal of the business, wealth maximisation is the expectation of the stake holders; the new dimension that is emerging in corporate venture is value creation/maximisation which is the core of any corporate activity. Nikhil (2009), As Peter Drucker put the matter in a Harvard Business Review article.