Common measures of value management

Document description

This paper represents work in progress, with the aim being to investigate additional measures and test further data, focusing particularly on the potential for applying real options techniques to securities investment. Many metrics are used every day as useful measures of value outside the life sector by a range of professions. These tools are used to value customers, contracts and businesses either for directing strategy internally, reporting to external shareholders, or pricing transactions. This work follows on from the 2001 SIAS paper "Do actuaries know how to measure value?".