Management of relations with enterprise stakeholders based on value approach

Перерва, Петро Григорович; Кобєлєва, Тетяна; Tkасhovа, Nаdеzhdа; Tkachov, Maxim; Дяченко, Тетяна Анатоліївна

doi:10.21511/ppm.19(1).2021.03

Cited by 17 publications

(17 citation statements)

References 22 publications

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“…The model of Ivashkovskaya (2012Ivashkovskaya ( , 2013) also provides a fairly costly management accounting, difficult to apply to stakeholders who are not directly involved in operating activities, and the index of harmonization of stakeholders is still subjective, which reduces the effectiveness of valuation. Similar problems are characteristic of the assessment method of Pererva et al (2021). It is quite possible to agree that the existing methodological problem in understanding the essence of the enterprise value and its interpretations is within the stakeholder approach.…”

Section: Discussionmentioning

confidence: 81%

“…The consistency of enterprise interests and stakeholders in the value formation process is measured using an index calculated as the ratio of discounted values of received and transferred resources. Pererva et al (2021) further developed the approaches of Figge and Schaltegger (2000) and Ivashkovskaya (2012Ivashkovskaya ( , 2013. It was proposed to evaluate the STV as a discounted difference between the benefits and costs of individual stakeholders from participation in resource exchange with the enterprise and the enterprise value as the sum of the discounted differences between the benefits that the enterprise receives from cooperation with individual stakeholders and the cost of resources for such cooperation.…”

Section: Literature Reviewmentioning

confidence: 99%

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Enterprise value management based on the stakeholder approach

Sytnyk

Vysochyn

Zhuk

et al. 2021

Problems and Perspectives in Management

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The need to ensure the growth of enterprise value in the context of strengthening intangible factors’ role in its formation and maintaining sustainable development of society requires the introduction of new value-oriented management models, taking into account the interests of a wide range of stakeholders.The paper aimed to develop an approach to enterprise value management based on the stakeholder approach. Based on the presented conceptual vision of the enterprise as an SRPR system (stakeholders-resources-processes-results), a two-level system of SRPR value indicators for the main stakeholder groups has been developed, as well as an integral indicator of sustainable economic value added (EVA), which allows assessing the potential growth of enterprise value through a sustainable network of stakeholders. The possibility of using SRPR indicators in the process of planning activities has been substantiated: a model for maximizing EVA is formulated subject to a number of restrictions reflecting the standards of relationships with stakeholders, its transformation into a matrix of SRPR indicators.The results of approbation of the proposed approach by questioning processing and wholesale trade enterprises in the B2B segment are presented, confirming the compliance of the proposed system of indicators with the interests of stakeholders and implementation at Europroject Ukraine LLC, which proved its practical value.The need for further empirical studies of the dependence of EVA on changes in indicators of satisfaction of stakeholders’ interests is emphasized.

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Section: Discussionmentioning

confidence: 81%

Section: Literature Reviewmentioning

confidence: 99%

Enterprise value management based on the stakeholder approach

Sytnyk

Vysochyn

Zhuk

et al. 2021

Problems and Perspectives in Management

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“…Many authors [1][2][3][4][5][6][7][8][9][10][11][12][13][14] contain studies of the factors and conditions for achieving stable development of industrial enterprises using three leading indicators: economic, environmental and social. At the same time, most of the research on the formation and practical implementation of the concept of sustainable development relies on these components.…”

Section: Analysis Of Literature Data and Problem Statementmentioning

confidence: 99%

Ensuring the Sustainable Development of an Industrial Enterprise on the Principle of Compliance-Safety

Перерва

Кобєлєва

Kuchinskyi

et al. 2021

EEA

Self Cite

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This article examines and explains the necessity and importance of studying the conceptual provisions of sustainable development of enterprises and organizations in the real sector of the economy, taking into account the current environmental, economic, social situation. Also, the work is developing scientific and theoretical provisions on increasing the level of safety of industrial enterprises. Special attention is paid to studying the theoretical and methodological foundations of the concept of “compliance-safety” and the development of methodological foundations of its potential use in the current conditions of the Ukrainian economy to increase the level of sustainable development of enterprises in the real sector of the economy.After analyzing the current state, methodological and practical recommendations, which are associated with potential changes in the number of compliance-safety violations in the domestic economy, were formed. In this regard, the scientific community was invited to expand the terminology base by introducing the terms “compliance safety”, which should be formulated based on the current understanding of the term “compliance”, as well as close to the concept of “economic security” and “sustainable development”. This approach makes it possible to significantly impact the sustainability of the development of industrial enterprises and the economy of the state as a whole. Thanks to this definition, it is possible to consider the dynamics of the compliance safety indicator in determining the sustainable development of an enterprise and determine the size and importance of the impact of micro and macro factors on safety. In this work, special theoretical and methodological provisions and methodological recommendations were developed for assessing the value of a comprehensive compliance safety indicator. The authors’ proposals were tested at many machine-building enterprises of the North-Eastern industrial region of Ukraine.

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“…At the same time, in the Ukrainian economic science, the problems of investment planning for the development of urban electric transport enterprises have not yet been sufficiently worked out. The existing theories and practice of innovative and investment design are mainly devoted to the substantiation of methods for attracting borrowed sources as investment resources [20], which is not entirely typical for UET enterprises, which are mainly budgetary…”

Section: Literature Review and Problem Statementmentioning

confidence: 99%

Economic assessment of sources of investment in the development of municipal electric transport enterprises

Illiashenko

Kondratenko

2021

EEJET

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The organizational and economic foundations for the formation of an investment strategy for the development of urban electric transport enterprises have been developed. The economic content of the main stages of the investment process at these enterprises has been clarified. A list of basic principles for the effective formation of the investment process has been compiled. It is proved that the enterprises of urban electric transport in Ukraine are currently unprofitable and the problems of investment support for them are extremely relevant and important. The main directions of the development of investment activity of urban electric transport enterprises have been investigated and strategic, tactical and operational methods of its activation have been proposed. At the same time, there are three main aspects of enhancing investment activity: investment, innovation and technological. The main provisions of the strategy of attracting investment sources by urban electric transport enterprises have been developed, which allows ensuring the required level of investment flexibility of the enterprise and independence in obtaining investment resources from various sources. The main stages of this process have been identified and substantiated, which include: the time of action, the formation of strategic goals, the algorithm for selecting and justifying the sources of investment resources and the practical implementation of the investment strategy. The practical aspects of rating sources of investment resources have been investigated, taking into account risk factors, time of use, investment prices, the ability of an enterprise and the state to influence the formation and use of investment sources. An integral indicator has been determined for each of the possible sources of investment resources, according to which the most acceptable for urban electric transport enterprises in terms of the cost of attracting and the likelihood of risk occurrence are own funds (32 points), as well as state budget funds (22 points) and local budgets (21 points). Practical recommendations on the use of the developed provisions have been formed

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Management of relations with enterprise stakeholders based on value approach

Cited by 17 publications

References 22 publications

Enterprise value management based on the stakeholder approach

Enterprise value management based on the stakeholder approach

Ensuring the Sustainable Development of an Industrial Enterprise on the Principle of Compliance-Safety

Economic assessment of sources of investment in the development of municipal electric transport enterprises

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