The primary objective of any management team is to create value for its shareholders.

The link between value creation for shareholders and the business actions of the management team is not fully appreciated in many parts of the world, including the Middle East. Variations in share price are often blamed on factors beyond the control of the management.

While it is true that general economic conditions influence stock market indices, there is a strong correlation between a financial institution’s business portfolio and the performance of its share price.

This is a perspective of Value Based Management.