What companies report under ‘Value-Based Management’ in their annual reports often has little to do with their actual value.
My latest WirtschaftsWoche article explains why shareholders might benefit from a more searching external fairness opinion on corporate value reporting, and why management boards would be unlikely to welcome it: How Accounts Flatter Business Values to Managers’ Advantage.
2 October 2018 · General · Matthias Meitner
Anyone Working in Investment Management, Equity Investing or the Valuation of Listed Companies Has Probably Wondered about This
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