Bubbly Stock Business Or else

Byline: SHAMSUL GHANI After the advent of banking and bond market, the concept and creation of joint-stock company was one of the most revolutionary additions to the world of business and finance. The event was followed by the birth of financial value drivers - the breed of dynamic chief executives - who took corporate business to new heights. Steve Tappin and Andrew Cave write in their book The New Secrets of CEOs: "They are highly skilled at identifying value-enhancing corporate transactions or realizing value from portfolio disposals. Financial value driver chief executives speak the same language as bankers, analysts, and investors. They're obsessed with generating returns for the shareholders who put up capital to start or grow the business. Value generation is their mission and a single-minded focus on shareholder returns is how they aim to deliver it."