TEJ

In business, managers need a method to assess the value of every decision or project. Hence, valuation is developed to help stakeholders assess the worth of almost everything. It involves determining the fair market value of an asset, company, or investment opportunity. In this article, we will introduce the concept of valuation (DCF) and some common ways to perform valuation in business.

Since the establishment in April 1990, TEJ (Taiwan Economic Journal) has devoted itself to building financial databases, focusing on providing basic information for investors in the security market. After 30 years of hard efforts, TEJ has now become one of the most representative financial database providers for Taiwan. Most of all, instead of sticking to the status quo, TEJ aligns with the current trends, and has successfully transformed into a financial full service consulting company. 

In business, mergers and acquisitions (M&A) serve as catalysts for growth, transformation, and enhanced capital market dynamics. For a company, M&A is a strategic decision that can create significant value for business by combining complementary assets, expanding market share, or achieving operational efficiencies; in other words, to achieve synergy.

To strengthen the duties of boards and enhance the sustainable value of enterprises, TWSE and TSE amended the “Corporate Governance Best Practice Principles for Listed and OTC Companies”. Starting from 2024, the new framework mandates that at least a third of the board seats in listed and OTC companies must be held by independent directors, with a maximum of three consecutive terms. By 2027, this requirement will be applied to all listed and OTC companies.