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Methodological aspects of value based management in entreprenuerhsip


Kostin K.B.
(about the author)

Kostin Konstantin Borisovich – (The St. Petersburg State University of Economics)

Published in:
Russian Journal of Entrepreneurship
– Volume 19, Number 2 (February 2018)

JEL classification: G32, L26, O40

Keywords: economic growth, entrepreneurship, value, value based management


Citation:
Kostin K.B. (2018). Methodological aspects of value based management in entreprenuerhsip. Russian Journal of Entrepreneurship, 19(2), 473-482. doi: 10.18334/rp.19.2.38788


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Abstract:

The paper analyzes methodological aspects of value based management in entreprenuerhsip. We reveal the main factors determining the value in entrepreneurship. We analyze the main principals for determining the value and suggest the means for value maximization. The article shows that the business activity based on stable value growth proves to be the most sustainable and effective. Based on the analysis performed we propose the algorithm for value maximization for the Russian entrepreneurship entities.








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