Whether it’s a local company or a major global entity, the valuation of a construction business is often estimated on the basis of multiples of earnings, and therefore essentially founded on a short-term outlook. However, businesses strategies with a long-term vision, such as innovation, energy, concessions and acquisitions are not taken fully into account in valuations. If valuers took a long-term view, through using other valuation methods that make it easier to understand these strategies, would this have an influence on how these firms are valued?
In response to a world shaken by increasing global economic volatility, the luxury industry is starting to focus on sustainability and ethics. Respect for the environment, recycling materials and innovating new ones, integrity throughout the value chain, collaborative and digital economy, and social entrepreneurship are among the strategic priorities for luxury companies.
Mazars is pleased to promote the 2017 edition of the Global Ecommerce report devised by the Ecommerce Foundation, together with the Global Ecommerce Association, gathering +40 local ecommerce association.
Experts from Chartis Research and Mazars have teamed up to explore how insurers are implementing enterprise risk management (ERM), and what’s required for a successful integration.
Survey on ORSA implementation: Risk Assessment still too little integrated into organization and processes by Swiss insurers
Swiss Insurers have mostly implemented the «Own Risk and Solvency Assessment» (ORSA) but it is still too little integrated into organization and processes according to a survey conducted by ZHAW School of Management and Law and Mazars.
2016 proved to be another sensational year for the global e-commerce industry, with an estimated $2,671 billion in online sales. E-commerce undeniably opens the door to a wealth of competitive advantages and opportunities, but what are the RISKS involved and how are companies managing them?
Africa’s decisive transformation is gaining speed, driven by entrepreneurship and innovation. By giving increased access to new ideas, knowledge and technologies, the digital revolution is playing a key role in the emergence of innovation on the continent.
It is obvious that 2015 marked a slight recovery for our sample of major construction groups with an upturn in business and improved operating margins. Growth continues at both sectoral and geographic levels, with a boost in the energy and services sector and growth in business outside of Europe. However, companies are still affected by developments in their domestic markets, as can be seen in France, where construction groups are impacted by a still-sluggish home market.
Over the years, financial communication has become an essential aspect of promoting the activities of large insurance groups. The exercise has particular salience this year with the arrival of the European Solvency II Directive, introducing far-reaching changes in the matter of capital requirements and risk management. Against this background, we have taken a closer look at the information available on Solvency II, the major issue in financial communication in 2015.
This global report written by the Economist Intelligence Unit and sponsored by Mazars investigates financial services businesses through the lens of ethics and compliance, with an understanding of the changing role that technology can play.