There is a long-standing discussion on the positive interactions between enterprise value creation and business competitiveness. The corporate value can be seen as being created from three major sources within the cycle – from employees, from processes, and from customers or investors...

Motivation: While it appears the modern economy demands ever increasing amounts of differentiation, opportunities for grain producers to create and capture significant new sources of value remains elusive. Opportunities appear to loom large to help remove risk and improve quality in the grain...

Measuring value creation by comparing the RAROC of an exposure (the return on risk capital) with a single institution-wide hurdle rate is inconsistent with the standard theory of financial valuation. We use asset pricing theory to determine the appropriate hurdle rate for such a RAROC...

The central theme of the paper is the knowledge potential issues in a context of transformation for selected CEE country. The choice of this theme is motivated by the importance of increasing divergence among net substantive value and market value of enterprises during last decades. The gap is...

Shareholder value depends on the intrinsic value of a company which, in turn, is driven by sales growth rate, operating profit margin, incremental capital investment, income tax and cost of capital (Rappaport, 1998). Often, there is confusion among professionals as to which of the value drivers...

This study provides new insights into value creation in family firms by analysing the interactions between value drivers and their determinants. Three value drivers are defined: profitability, growth and risk. The determinants include variables on performance measurement, control systems,...

The financial services sector has recently undergone changes unprecedented in its history. Understanding customers' needs and values has become more important for financial institutions than ever before, not only due to the changing environment but also because of changed customer behaviour....

The underpinning logic of value co-creation in service logic is analysed. It is observed that three of the ten foundational premises of the so-called service-dominant logic are problematic and do not support an understanding of value-co-creation and creation that is meaningful for theoretical...