The value creation concept is at the heart of the shareholder value-approach. It demands that the ultimate objective for management is to increase the value of the stocks of the business that are traded on the stock exchanges of the world. Its most radical form can be seen in the demand for profit maximisation. The value creation concept does not recognise that the value of a business is only important to those people that want to trade with its stocks. It is irrelevant and dangerous for entrepreneurial activity and as an answer to the question of right and good management. The value creation concept is one of the main reasons for today’s financial crisis.