Value management models for financial resilience estimations. A case of selected industrial companies in the Republic of Moldova

Iurie Besliu (), Oleg Petelca () and Veronica Garbuz ()
Additional contact information
Iurie Besliu: Alecu Russo State University, Republic of Moldova
Oleg Petelca: Alexandru Ioan Cuza University of Iasi, Romania
Veronica Garbuz: Alecu Russo State University, Republic of Moldova

Eastern Journal of European Studies, 2021, vol. 12(SI), 273-297

Abstract: The object of the research is the financial resilience mechanism of the company focused on value management indicators. The aspect of financial resilience has been combined with enterprise value management in a crisis situation. The value management system was researched using the data from the financial reports of 32 joint-stock companies, the most representative for the industrial sector of the Republic of Moldova. Three models of financial resilience of the enterprise based on value management were applied: the operative value management model, the strategic value management model, and the econometric model. The results of the research showed the existence of a positive influence of the balance sheet value of equity and net residual profit on the value of the enterprise. The financial resilience based on the enterprise value determined according to the market capitalization can be achieved by the balance sheet value of equity and residual profit.

Keywords: resilience; financial resilience; resilience model; value management; crisis situation (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ejes.uaic.ro/articles/EJES2021_12SI_BES.pdf (application/pdf)

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:jes:journl:y:2021:v:12(si):p:273-297

DOI: 10.47743/ejes-2021-SI13

Access Statistics for this article

More articles in Eastern Journal of European Studies from Centre for European Studies, Alexandru Ioan Cuza University Contact information at EDIRC.
Bibliographic data for series maintained by Alupului Ciprian ().