Chronicles value‐based management (VBM) as it is approached by Boston Consulting Group (BCG) and uses figures to add emphasis to this system. States that the yardstick used by BCG is total shareholder return (TSR), giving historic appraisal and comparison between companies. Demonstrates that...

Spotlights HSBC James Capel (brokers), value‐based management and the high profile commitment to equity research, following discussions and work with academics and management consultants. Commends the use of figures to ‘flesh out’ the explanations used within and HSBC James Capel's...

Discusses value‐based management and how it has worked at Fletcher Challenge, a paper, building, energy, and solid wood plantation forestry operator in New Zealand. States Fletcher Challenge is not a backwater organization, far from it, as its issue of targeted shares in corporate finance have...

Examines a practical problem that arises in the Depreciated Replacement Cost (DRC) valuation of specialised property assets, particularly those owned by Central Government and the National Health Service which are subject to capital charging. The DRC approach values the site on a market basis...

Purpose – Since 2009, all commercial buildings in Sweden should have undergone an energy performance rating in accordance with the European Union directive on the Energy Performance of Buildings. The main purpose of this rating is to illustrate a building's energy performance in an easy,...

It is argued within this paper that domestic rates, which represent an important and significant source of local government revenue for district councils in Northern Ireland, should be reformed. There are currently issues pertaining to the present system which adversely affect both fairness and...

Purpose – The purpose of this paper is to investigate whether energy efficiency is capitalized in rent and asset value on corporate real estate portfolio. This approach contributes to the research on “green buildings” by using hedonic regression modeling on a portfolio of existing...

Purpose – Despite the recent trend of off‐shoring branches of UK services industry to remote locations, urban theory has yet to enlist a theory of industrial rents that formally takes into account the properties of substitution between locations. The purpose of this paper is to elaborate on...

Purpose – The paper addresses the practical problems which emerge when attempting to apply longitudinal approaches to the assessment of property depreciation using valuation‐based data. These problems relate to inconsistent valuation regimes and the difficulties in finding appropriate...

Purpose – This study aims to examine the impact of relative importance of local characteristics, distance from the city centre and unobservable spatial relation in explaining values of constant‐quality apartment units in Vienna. Design/methodology/approach – Drawing on recent developments...