Cost of business in the implementation of value-oriented financial management of enterprises

Journal Title: Економічний вісник університету - Year 2017, Vol 1, Issue 33

Abstract

The subject of research is a set of theoretical and methodological approaches to valuation of business for purposes of financial management. Purpose – theoretical substantiation of necessity to introduction a value-based management system in the activities of domestic enterprises. Research methods. The study is based on dialectical method of cognition, which is combined with the methods used for analysis and synthesis, induction and deduction, structural-functional method and methods of financial analysis. The results of the study. The basic prerequisites for the implementation of the value-based management concept in planning and organization activities of the enterprise are investigated, proved the necessity and the interrelation with it's different areas. The sequence of formation the sustainable cycle of value creation and the developed structural-logical scheme of its determination to the enterprise are defined. The main approaches used for the business valuation are considered, the directions and the terms of use of domestic enterprises are outlined, the proposed method of harmonizing them result with the aim of defining an objective measure of the companies value. The scope of the results of the study. Corporate policy in the field of corporate finance. Conclusions. The results of the study indicate the objective necessity of introduction of value indicators in the system of modern enterprise management with the obligatory coordination of the evaluation results for the purposes of financial management.

Authors and Affiliations

Liudmyla Dovhan, Andrii Surzhenko

Keywords

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  • EP ID EP304617
  • DOI -
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How To Cite

Liudmyla Dovhan, Andrii Surzhenko (2017). Cost of business in the implementation of value-oriented financial management of enterprises. Економічний вісник університету, 1(33), 293-302. https://europub.co.uk./articles/-A-304617