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Bangkok Post, Thailand, Leading the Way column.

Bangkok Post (Bangkok, Thailand)

| September 07, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Steve Sloman

Sep. 7--VALUATION FINDS ITS PLACE: The volatile state of equity markets is driving chief executives to use valuations as a key instrument of corporate strategy. For the chief executive officer trying valiantly to deliver value to shareholders, it can be perplexing when share prices are marked up and down without apparent reference to underlying fundamentals. Under these circumstances, the challenge is to find a clear compass point by which to chart a course for the business. This search for clarity is leading to an increased emphasis on valuation as an integral part of the strategic commitment to deliver value to shareholders.

The overarching theme is that in an era of volatile financial markets, valuation is no longer a technical issue of concern only to finance personnel, but rather a key part of running a ...

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