Economic Bulletin of the National Mining University

 

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Article

Issue:2023 №3 (83)
Section:Finances, accounting and taxation
UDK:330.131:338.31
DOI:https://doi.org/10.33271/ebdut/83.120
Article language:English
Pages:120-130
Title:Enterprise value management: directions, key factors and growth tools
Authors:Shtefan N. M., Dnipro University of Technology,
Tsurkan I. M., Dnipro University of Technology,
Banshchikova A. O., Dnipro University of Technology
Annotation:Methods. The theoretical and methodological basis of scientific research was the work of scientists on the assessment and management of enterprise value. The main results are obtained through the use of general scientific and special methods, namely: theoretical generalization – during the study of the enterprise cost management process; analysis and synthesis – to substantiate the company’s cost management directions; a systematic approach – in the formation of key factors contributing to the increase in value and determining the tools that can be used to achieve this goal. Results. The results of the study shed light on issues related to the areas of enterprise cost management. The application of various approaches, namely: financial, economic and strategic approaches to determining the value of the enterprise by scientists is revealed. The main factors that affect the increase in the value of the enterprise are highlighted: increasing profitability, optimizing the capital structure and increasing the efficiency of operations. Novelty. The study points to the importance of combining different business valuation methods to obtain more accurate and comprehensive results. This allows better understanding of the current state of the enterprise and developing more effective cost management strategies. It has been proven that cost management becomes a tool that helps enterprises to effectively respond to changes in the international business environment and use new opportunities for development. Practical value. The results of the research can be useful for business entities and investors. They can use the recommendations and tools provided in the article to improve the cost management of their enterprises, increase their competitiveness and attractiveness to potential investors. 
Keywords:Enterprise value, Enterprise value management, Value-oriented management, Market value, Added value, Principles of enterprise value management
File of the article:EV20233_120-130.pdf
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