The art of creating value is not just a discipline for accountants and investors. Used properly, it can be a powerful, perhaps the most powerful, a way that managers can run their companies in an increasingly competitive world. By integrating accounting and performance measures with strategic thinki...

The price may be understood as ‘the amount of money or other consideration asked for or given in exchange for something else’. The price is, therefore, an outcome of a transaction whereas the value may not necessarily require the arrival of a transaction. The value exists even if some assets bec...

There are many areas in valuation where remains the scope for disagreement, including how to estimate the true value and how long it will take prices to adjust to the true value. But asset prices cannot be justified merely by using the argument that other investors are willing to pay a higher price ...