| Description |
vi, 250 pages : illustrations ; 24 cm |
| Contents |
Machine derived contents note: Acknowledgements v -- The fair value process vi -- -- Introduction: What is "fair value" and why does it -- matter? 1 -- Part One: The Imperative for a Fair Value Strategy 7 -- 1 Getting the goals right 9 -- What should management be trying to achieve -- on behalf of shareholders? -- -- 2 Why do the markets get it wrong? 21 -- Why do markets fail to identify fair value? -- -- 3 Understanding the institutional fund manager 47 -- Why do fund managers behave as they do and -- what can management do about it? -- -- Part Two: The Building Blocks of Fair Value 69 -- 4 Towards a fair value strategy 71 -- Understanding the fair value process -- -- -- -- -- 5 Determining fair value 81 -- How do you know when your company is -- fairly valued? -- -- 6 Targeting value-determining investors 119 -- Identifying the shareholders that matter -- -- 7 Profiling value-determining investors 135 -- Getting to know the culprits -- -- Part Three: Delivering a Fair Value Strategy 147 -- -- 8 Towards fair value levers 149 -- Knowing a good lever from a bad lever -- -- 9 Deciding how much to tell investors 163 -- When ignorance is not bliss -- -- 10 Deciding how to tell investors 187 -- The art of managing communications channels -- -- 11 The role of management quality 201 -- Setting the fair value context -- -- -- -- Part Four: The Challenge of Managing for Fair Value 221 -- -- 12 Managing a fair value strategy 223 -- The challenge of coordination -- -- 13 What to expect from the next decade 231 -- -- Bibliography 238 -- -- Index 242 |
| Summary |
"Mark Scott articulates a systematic process for identifying, understanding and influencing the fund managers who set the market price of a company, and calls for a sea change in how a corporate centre manages such processes - including the targets it ultimately sets for total shareholder returns. No senior manager of a quoted company or advisor to such business can afford not to take on board his philosophy."--BOOK JACKET |
| Notes |
Formerly CIP. Uk |
| Bibliography |
Includes bibliographical references (pages [238]-241) and index |
| Subject |
Corporate governance.
|
|
Corporations -- Investor relations.
|
|
Corporations -- Valuation.
|
| LC no. |
2005297611 |
| ISBN |
0470023902 |
|
