Финансово управление за създаването на стойност в компаниите
Financial management of creating value in companies

Summary/Abstract: This article is an introduction to a specific and important aspect of the financial management of companies nowadays. This is the value creation process. The investment and financing decisions, as well as the corporate policies and strategies, should be assessed within this context. The focus of this research is on the extent of value creation by companies on international capital markets, mainly during the years after the global financial crisis. The study includes analysis of the dynamics of the main indicators of return on capital, as well as the dynamics of the cost of capital. The process of creation of Economic Value Added (EVA) in companies, in the conditions of stagnation on most capital markets, is studied on this basis.

• Details
• Contents