Can the Economic Value Added Be Used as the Universal Financial Metric?

Dobrowolski, Zbysław; Drozdowski, Grzegorz; Panait, Mirela; Babczuk, Arkadiusz

doi:10.3390/su14052967

Cited by 19 publications

(10 citation statements)

References 63 publications

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“…e accuracy and universality of domestic enterprise performance evaluation have been improved by consulting European and American research [24]. e Black-Scholes (B-S) model was proposed in the 1970s.…”

Section: Option Valuation Methodmentioning

confidence: 99%

Exploring the Influence of Big Data Technology on the Innovation of the Enterprise Economic Management Mode

2022

Security and Communication Networks

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The aim of this study is to help financial enterprises establish a solid foundation in a big data ecosystem (BDE) and fully play their competitive edges in the fierce business competition. This paper innovatively conducts research studies on the reform of enterprise financial management. First, it expounds on the relevant concepts of big data technology (BDT) alongside financial management. Afterward, the impact of BDT on enterprise financial management is examined. Consequently, a financial enterprise-oriented economic management model is proposed by integrating BDT, enterprise economic management (EEM), and enterprise performance evaluation methods. Further, an experiment is designed to verify the proposed model on estimating the annual enterprise operating income (OI) and human resource (HR) structure. The research findings show that the predicted and actual OI error is within 6%. The predicted enterprise personnel deployment only deviates slightly from actual personnel deployment. Thus, the proposed economic management model can accurately predict OI and cost. It provides a reliable reference for enterprise innovation management, optimizing recruitment conditions, sales strategy, and development strategy. Lastly, the research deficiencies are pointed out alongside corresponding suggestions.

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Section: Option Valuation Methodmentioning

confidence: 99%

Exploring the Influence of Big Data Technology on the Innovation of the Enterprise Economic Management Mode

2022

Security and Communication Networks

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“…To effectively manage the transition, it is necessary to predict the specifics of the transformation process and see the opportunities of current industries' transformation. The diversity of economies in the investment process should also be considered using appropriate financial models and ratios (Dobrowolski et al, 2022).…”

Section: Literature Reviewmentioning

confidence: 99%

Restructuring the economic systems on the way to an additive economy

Melnyk

Kalinichenko

Kubatko

et al. 2023

Problems and Perspectives in Management

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The additive economy should be the productive basis toward which the national economies aspire. This paper aims to deepen the theoretical issues of the additive economy forming and its key components: additive technology and additive manufacturing. Additive technology is defined as a set of methods and tools based on which the production of products occurs by adding only the useful part of natural substances to the final commodity and creating no waste. Additive manufacturing is a system of interconnected processes of transforming natural substances into finished products based on additive technology. The additive economy is a system of trade and industries based on additive manufacturing. The study analyzes competitive advantages (direct prototyping, saving materials and energy, the ability to work without human participation, dematerialization of transportation and storage of products) and challenges of the additive economy (building an organizational network of production systems; forming solidarity economy; developing new social institutions; social development of a person). The paper formulates the key directions of economic systems restructuring to an additive economy formation, including restructuring energy production types, energy networks, and interface sphere and change of the structure of primary resources. The general debatable problem of the economic systems restructuring to the additive economy is the formation of new social institutions capable of providing necessary solutions. AcknowledgmentThe study is prepared in the framework of the research project “Restructuring of the national economy in the direction of digital transformations for sustainable development” (№0122U001232), funded by the National Research Foundation of Ukraine.

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“…The analysis above targets to convince the reader that the portfolio theory has its own way of development, which increases its potential for quantitative decisions and management recommendations. The portfolio theory is successfully applied for the assessment of the economic value of business management because it gives a universal metric for the comparison of different business applications [23].…”

Section: Quantitative Models For Business Management and Applications...mentioning

confidence: 99%

An Algorithm for Business Management Based on Portfolio Optimization

Stoilov

Stoilova

2022

Mathematics

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An algorithm is derived for active business management. The key component of the algorithm is the definition and solution of an appropriate portfolio problem. For the last one, the disbursements for the business management are regarded as potential portfolio resources. For the portfolio definition, the increases or decreases of the disbursements are assumed to be the assets, whose weights are found as solutions from the portfolio optimization problem. These solutions recommend the reallocation of the resources between different disbursements, which increases the income of the business entity. The definition and solution of this portfolio problem are made sequentially in time, and the obtained solutions are applied as recommendations for future business management steps. An algorithm for business management, based on the sliding mode of repetitive definitions and solutions of portfolio problems with historical data of last disbursements, gives recommendations for the reallocation of resources for the next future period of management. The algorithm is numerically tested with real data on animal husbandry from Bulgaria. The empirical results demonstrate an advantage in increasing the husbandry income in comparison with the lack of such an active business policy. The algorithm can be implemented as a software solution in an appropriate programming system, supporting fintech service for active business management.

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Can the Economic Value Added Be Used as the Universal Financial Metric?

Cited by 19 publications

References 63 publications

Exploring the Influence of Big Data Technology on the Innovation of the Enterprise Economic Management Mode

Exploring the Influence of Big Data Technology on the Innovation of the Enterprise Economic Management Mode

Restructuring the economic systems on the way to an additive economy

An Algorithm for Business Management Based on Portfolio Optimization

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