Event objectives

Our vision with hosting the firstannualAdding Value in the Financial World Conference 2006 was to encourage communication between the most important sub-sectors that form part of the financial world in the 21stCentury.

Traditional ‘Economic Value Add’ Models have looked into mostly the financial management aspect of running your organisation successfully. At Adding Value in the Financial World 2006 a three-dimensional approach was followed where value was discussed not only from a financial management perspective, but also from the various other disciplines in the economy. Participants included specialists from the accounting, banking, taxation, economics and cost accounting fields where they shed light on their unique views to contribute to the synergistic analysis of how each organisational function can truly add economic value in the financial world.

Adding value in the financial world was looked at in terms of progress, prosperity, and perspective.

It is in this light that a new vehicle for research was unveiled at the conference – a journal with the aim of international recognition!

Progress was made based on the research outputs gained from a collaborative interaction between industry and academics. Prosperity was achieved in terms of long term friendships and joint ventures that may be agreed upon. Perspective was gained with the knowledge and drive to ascertain the cost of adding value but also the potential benefits that may be derived from it.

Some of the sessions presented include:

  • Adding value through corporate governance
  • Adding value to the accounting profession: Some global business perspectives
  • International Financial Reporting Standards: Are they adding value?
  • Taxation: Adding value?
  • Accountancy education: Adding value in times of change
  • The Economics of Innovation
  • Sustainable value/wealth creation through effective capital formation
  • The finance economy versus the real economy – creation or erosion of value
  • Scarcity of human capital - a constraint on sustainable value/wealth creation
  • Economic growth and Development – new perspectives
  • Development issues: Unemployment, Poverty and the Informal sector
  • Value added through economic policy
  • Adding shareholder value
  • Costing = Value?
  • Financial planning – adding value to the future
  • Behavioural Corporate Finance – the way people act in the corporate board room
  • Behavioural Finance – the games our minds play
  • Investment/Asset management – the way forward
  • Financial Management – quo vadis?

One of the most exciting developments at this year’s event was be the birth of the Journal of Economic and Financial Sciences. Participants, who share the passion for researching the financial world and financial models and a love for financial development, took up the challenge and submitted their papers for inclusion in the journal. We inspired academia and industry champions to add impetus to the process.

The original expected number of attendees was 150. All expectations were exceeded when final registration numbers equalled 175.

Testimonials

Congratulations for organising the Value 2006 Conference. It was superb and wish to thank you for all the efforts you and your dedicated team put into it.

George Qua-Enoo, University of Johannesburg

Thanks again for all you did to make our visit successful and unforgettable. We enjoyed all the activities very much, and we found the organisation has been very professional.

Prof. Henk Van Gemert, University of Tilburg, The Netherlands

I thought the conference was very well organized, in an excellent location and that the presentations were generally interesting and of a very high standard. I hope that you will be repeating the conference and hope to both attend and contribute papers to any future conferences. I would like to thank you and Giepie for the work you did in arranging the conference. I can add that the general comments I heard from both local and international delegates were very positive.

Andrew Van Zyl, Aurum Institute for Health Research

As an infant in the academic environment, I got exposed to what this field is all about. I learnt about the important of doing thorough research and how confident one can be when presenting these findings. Most of all I learnt that being an academic is not only about lecturing, but sharing properly researched ideas, that can bring value in our economy.

Bulelwa Maphela, University of Johannesburg

This was a very insightful event, not only from the content of the papers presented but the fact that papers are presented in such a format for debate and discussion before finalisation either for research or degree purposes. This was new for me and I definitely gained value.

Nicole Bilap, ABSA Bank

I have attended many conferences (national & international) over the years and never found any previous ones to be as interesting, encouraging and informative as the adding value to the financial world: 2020 Perspective. It added so much value to my career!

Mdu Biyase, University of Johannesburg

The conference was of a high standard and well organised. The venue, events and everything was excellent. Congratulations on a fine effort.

Ronald Mears, University of Johannesburg

Thanks so much once again. I really enjoyed the week: both conference and after-conference. All was arranged fantastically!!

Peter Van der Windt, University of Tilburg

Excellent organization. Remarkable setting. Won’t quickly forget.

Steven Ongena, University of Tilburg

I was very satisfied with the conference.

Heli Hookana, Turun kauppakorkeakoulu, Pori Unit

It was a great pleasure for me to attend this conference!!

Margret Klostermann, ViennaUniversity of Economics and Business

It was a very rewarding conference with diverse topics. It actually adds value.

Lawrence Obidike, CIMA

Many thanks once again for the organisation of the conference, I thoroughly enjoyed it.

Danalee Van Dyk, Standard Bank