Financial management of creating value in companies

Dimitar Nenkov

Economic Thought journal, 2017, issue 6, 33-47

Abstract: This article is an introduction to a specific and important aspect of the financial management of companies nowadays. This is the value creation process. The investment and financing decisions, as well as the corporate policies and strategies, should be assessed within this context. The focus of this research is on the extent of value creation by companies on international capital markets, mainly during the years after the global financial crisis. The study includes analysis of the dynamics of the main indicators of return on capital, as well as the dynamics of the cost of capital. The process of creation of Economic Value Added (EVA) in companies, in the conditions of stagnation on most capital markets, is studied on this basis.

JEL-codes: G11 G15 G31 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://etj.iki.bas.bg/storage/app/uploads/public/ ... 60db96f016399757.pdf
Fee access (Bulgarian)

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:bas:econth:y:2017:i:6:p:33-47

Access Statistics for this article

More articles in Economic Thought journal from Bulgarian Academy of Sciences - Economic Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by Diana Dimitrova ().