THE MAGAZINE FOR FINANCIAL DIRECTORS AND TREASURERS
MARCH 2003 ISSUE Home | Free email newsletter | Site map | Contact us 
 

COVER STORY
SURREAL ESTATE
Far more than their counterparts overseas, Asian companies' financial well-being is lashed to real estate investment. An original study by CFO Asia and Singapore Management University shows just how much value this unholy tie has destroyed, compared to those that wisely opted out.
read the entire story
 
FEATURE
TRUTH AND CONSEQUENCES
Our second ranking finds notable improvements in financial reporting from a few of Asia's major public companies, but concludes that the rest have a long way to go.
 
FEATURE
END OF THE AFFAIR
Back in the binge years, Asian groups wooed and won an unseemly number of non-core businesses. Now they must wave goodbye to all those unsuitable assets.
 
FEATURE
THE TWILIGHT REGULATOR
Following the penny stocks fiasco last July, the Hong Kong stock exchange has had to face up to the fact that it may be time to get out of the regulations business. The move is crucial to Hong Kong's integrity as a free market and long overdue.
 
SPECIAL REPORT: OUTSOURCING IT
WILL IT STILL FLY?
When outsourcing giant EDS missed its earnings targets in December, Cassandras waved goodbye to good deals from major suppliers. Now, in a sweet turnaround, it looks like CFOs are actually enjoying a buyers' market.
 
MONEYWATCH
TAIWAN'S DIRTY LITTLE SECRET
Short-selling of the underlying shares around the pricing of a convertible bond issue is giving Taiwan's bond market a bad name.
 
TECHWATCH
MASTERING DATA
New products in the business intelligence software market are improving number crunching and enabling smarter business decisions.
 
PLANNING
THE FIVE-YEAR ITCH
If five-year plans become meaningless only two years into the cycle, why should CFOs bother crafting such a lengthy document?
 
POINT OF VIEW
RISK, SYNTHESIZED
Securitization has so far been little used by CFOs in Asia, but a new special purpose vehicle, synthetic securitization, may change attitudes towards risk.
 
YOUR MOVE
OUT OF WORK? START A COMPANY
Out of work? Maybe you should start your own company.