Problems and perspectives of the application of economic value added indicator in value-based management of enterprises
Journal Title: Економічний аналіз - Year 2017, Vol 27, Issue 3
Abstract
The subject of the study is methodology for assessing the economic value added of enterprises for the purposes of value-based management at the microeconomic level. The purpose of the study is to determine the problems and perspectives of applying the indicator of economic value added in value-based management of enterprises on the basis of the essence and peculiarities of the calculation of economic value added, analysis of the degree of integriration of its indicator into the management system using the criterion of maximizing the value of enterprises at the micro level of the economy nowadays. Research methods. The methods of analysis and synthesis, induction and deduction, systems approach, comparative analysis have been used in the research. The results of the research. The genesis of the economic value added index and its difference from the classical measures of profitability of enterprises have been investigated in this article. The essence of economic value added and peculiarities of its definition have been described. The areas of possible application of the indicator of economic value added in the process of assessing the efficiency of enterprises have been defined. The indicative functions of the economic value added indicator in the management activity from the standpoint of the assessment of the degree of efficiency of the use of the capital and dynamics of the value of enterprises have been determined. The way of behavior of the owners of enterprises depending on the variants of values of the indicator of economic value added has been considered. The basic ways of increasing economic value added and management measures on their realization have been singled out. The drawbacks of the use of the indicator of economic value added in value-based management of enterprises have been detercted. The proposals for the improvement of the economic value added as a tool for value-based management of enterprises have been given. The scope of the research results is the development of the method of adequate measurement of economic value added in the process of implementing the concept of value-based management of enterprises. Conclusion. The results of the study show the necessity to improve the economic value added with the help of reflecting the benefits of all key company stakeholders, while taking into account fundamental effects of its performance in the current economic environment.
Authors and Affiliations
Oleksandr Davydov
Keywords
Related Articles
- EP ID EP313631
- DOI -
- Views 70
- Downloads 0
Удосконалення оцінки ефективності інвестицій
У статті узагальнено методичні підходи до оцінки ефективності інвестиційних проектів підприємств. Критично проаналізовано чинну методику та сукупність найбільш уживаних показників ефективності інвестицій, використовувани...
Проблеми підготовки спеціалістів сфери туризму в Україні
Розвиток туризму в Україні як чинник формування економіки держави зумовлює необхідність створення галузевої системи підготовки та підвищення кваліфікації туристських кадрів, яка б виховувала фахівців, здатних в умовах ко...
Розвиток методологічних засад оцінювання ефективності інвестицій
Вступ. Стаття присвячена удосконаленню методологічних засад оцінювання ефективності інвестицій. Особливу увагу звернено на формування та обчислення економічних вигід і витрат, урахування фактора часу на різних етапах і с...
Reforming of pension insurance system of countries of Western Europe
Introduction. Investigation of foreign experience of structural pension reform is important for Ukraine. Pension insurance system in Ukraine has not been reformed in time therefore now it should go through all the stages...
Formation of clusters in the agrarian sphere of the national economy in the conditions of globalization
The article substantiates the essential content of the agrarian cluster. A number of advantages, which are obtained by economic entities in the agrarian sector from the synergetic effect of clusterization in the economic...