Definition for : Value and financial securities

From a financial standpoint, the objective of any company is to create Value. It means being able to invest at a Rate of return that is higher than the Required rate of return for a given level of Risk. If this condition is met, the price or Value of a Financial security will rise; if not – the price will fall.
(See Chapter 27 Measuring value creation of the Vernimmen)
To know more about it, look at what we have already written on this subject