Value-based management
Value-based management is managing an enterprise with shareholder value in mind. It typically involves use of a model of shareholder value, such as the corporate value model.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Value-based management. Managing a firm with shareholder value in mind. It typically involves use of a model of shareholder value, such as the corporate value model.
According to Management by Robbins and Coulter (14th edition),
- Value-based management. The organization's values guide employees in the way they do their jobs.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
