Difference between revisions of "Value-based management"
(Created page with "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...") |
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | 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. | :[[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. | ||
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==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category:Management]][[Category: Financial Management]][[Category: Articles]] |
Latest revision as of 22:15, 1 June 2020
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.
