Factors of Value Formation in the Context of Value-oriented Approach to Business Management
Journal Title: Бізнес Інформ - Year 2014, Vol 7, Issue 0
Abstract
The goal of the article is to study the factors forming the value of an enterprise, their complex analysis, classification and systematization. The review of modern literature on this matter defined the main approaches to the grouping of the factors of value formation by the level and place of origin, as well as the capability of management. The research allowed to summarize the classification of approaches by local and foreign scientists in regard to the division of value factors by their financial and non-financial features. It proves that the complex account of multidirectional factors allows to put the value-oriented system on the practice of local enterprises activities, especially during their innovative transformation since innovations are an important linchpin of forming the value of an enterprise and most often belong to the group of non-financial (qualitative) factors. The perspective of future studies in this direction is to develop scientific and methodical mechanism that will allow to consider the factors investigated when taking a decision within the frameworks of the system of value-oriented management of an enterprise.
Authors and Affiliations
Oleksiy Zakharkin
Keywords
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