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Finance and Credit
 

Value Based Management: the problem of application in the nonpublic companies

Vol. 15, Iss. 34, SEPTEMBER 2009

Available online: 6 November 2009

Subject Heading: ESTIMATION OF COST

JEL Classification: 

Boboshko D.Y. associate professor, director of the economy OOO «Веlmet» ;

The article reviews value based management approach in terms of its applicability in nonpublic companies - companies which are not listed on the stock exchange, and defines the key problems of applying the given concept in such companies. The article also reviews in details difficulties caused by using the finance indicator «business value» as the effectiveness measure of the business.

Keywords: management, nonpublic companies, total shareholder return, business value

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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