VALUE-BASED MANAGEMENT AS THE INNOVATING PARADIGM OF CONTEMPORARY GOVERNANCE – A THEORETICAL APPROACH

Camelia Mihaela Oane (Marinescu) (), Klaudia Smol¹g, Emanuel Stefan Marinescu and Romuald Szopa
Additional contact information
Camelia Mihaela Oane (Marinescu): Bucharest Academy of Economic Studies, Romania
Klaudia Smol¹g: Czestochowa University of Technology, The Management Faculty
Emanuel Stefan Marinescu: Danubius University Galati, Romania
Romuald Szopa: The Jerzy Kukuczka Academy of Physical Education in Katowice, The Management Faculty

Polish Journal of Management Studies, 2015, vol. 12, issue 1, 106-120

Abstract: The magnitude and the dynamism of economic, political and social phenomena and the spectacular challenges of the 21st century have led to new approaches of the corporate performance management and to the development of new paradigms. Valuebased management (VBM) has emerged as a viable alternative to the various management systems focused on increasing performance which have not recorded the aimed results subsequent to shortcomings of conceptualization, evaluation mechanisms or the concrete possibility of implementation. This article aims to present a theoretical approach of VBM as the complex management philosophy able to offer a holistic solution for achieving performance.

Keywords: VBM; performance; value creation (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://pjms.zim.pcz.pl/PDF/PJMS121/Value%20Based%2 ... tical%20Approach.pdf (application/pdf)
http://www.pjms.zim.pcz.pl/-articles-1.php (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pcz:journl:v:12:y:2015:i:1:p:106-120

Access Statistics for this article

More articles in Polish Journal of Management Studies from Czestochowa Technical University, Department of Management Contact information at EDIRC.
Bibliographic data for series maintained by Paula Bajdor ().