Value-based management: Theoretical base, shareholders' request and the concept
The pressure of financial markets, which is a consequence of shareholder revolution, directly affects the solution to the following dilemma: is the mission of corporations to maximize shareholders' wealth or to satisfy interests of other stakeholders? The domination of shareholder theory has ca...
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| Format: | Article |
| Language: | English |
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Faculty of Economics, Belgrade
2005-01-01
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| Series: | Ekonomski Anali |
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| Online Access: | http://www.doiserbia.nb.rs/img/doi/0013-3264/2005/0013-32640565165K.pdf |
| _version_ | 1818835846999048192 |
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| author | Kaličanin Đorđe M. |
| author_facet | Kaličanin Đorđe M. |
| author_sort | Kaličanin Đorđe M. |
| collection | DOAJ |
| description | The pressure of financial markets, which is a consequence of shareholder revolution, directly affects the solution to the following dilemma: is the mission of corporations to maximize shareholders' wealth or to satisfy interests of other stakeholders? The domination of shareholder theory has caused the appearance of the valuebased management concept. Value-based management is a relevant concept and a process of management in modern environment. The importance of shareholder value requires transformation of traditional enterprise into value driven enterprise. This paper addresses theoretical base, shareholder revolution and the main characteristics of value-based management. |
| first_indexed | 2024-12-19T02:57:13Z |
| format | Article |
| id | doaj.art-d4c7ea161f174eba9d9da4cd023bcec4 |
| institution | Directory Open Access Journal |
| issn | 0013-3264 |
| language | English |
| last_indexed | 2024-12-19T02:57:13Z |
| publishDate | 2005-01-01 |
| publisher | Faculty of Economics, Belgrade |
| record_format | Article |
| series | Ekonomski Anali |
| spelling | doaj.art-d4c7ea161f174eba9d9da4cd023bcec42022-12-21T20:38:18ZengFaculty of Economics, BelgradeEkonomski Anali0013-32642005-01-015016516518410.2298/EKA0565165KValue-based management: Theoretical base, shareholders' request and the conceptKaličanin Đorđe M.The pressure of financial markets, which is a consequence of shareholder revolution, directly affects the solution to the following dilemma: is the mission of corporations to maximize shareholders' wealth or to satisfy interests of other stakeholders? The domination of shareholder theory has caused the appearance of the valuebased management concept. Value-based management is a relevant concept and a process of management in modern environment. The importance of shareholder value requires transformation of traditional enterprise into value driven enterprise. This paper addresses theoretical base, shareholder revolution and the main characteristics of value-based management.http://www.doiserbia.nb.rs/img/doi/0013-3264/2005/0013-32640565165K.pdfvalue-based managementshareholder valueperformance measure |
| spellingShingle | Kaličanin Đorđe M. Value-based management: Theoretical base, shareholders' request and the concept Ekonomski Anali value-based management shareholder value performance measure |
| title | Value-based management: Theoretical base, shareholders' request and the concept |
| title_full | Value-based management: Theoretical base, shareholders' request and the concept |
| title_fullStr | Value-based management: Theoretical base, shareholders' request and the concept |
| title_full_unstemmed | Value-based management: Theoretical base, shareholders' request and the concept |
| title_short | Value-based management: Theoretical base, shareholders' request and the concept |
| title_sort | value based management theoretical base shareholders request and the concept |
| topic | value-based management shareholder value performance measure |
| url | http://www.doiserbia.nb.rs/img/doi/0013-3264/2005/0013-32640565165K.pdf |
| work_keys_str_mv | AT kalicaninđorđem valuebasedmanagementtheoreticalbaseshareholdersrequestandtheconcept |