Value-Based Management in an Open Economy (TOWARDS VALUE-BASED MANAGEMENT FOR INDUSTRIAL AND SECTORAL ECONOMIES?)

This book investigates the relationship between strategy optimization mechanisms and the efficiency (performance and productivity) in the digital and open economy. The aim of this question on the interactions between strategies, performance, and market forms is to understand how, at the level of value-based management, productivity determines the optimized strategies and how the optimization process is modified according to the performance of the firm. Value-Based Management in an Open Economy outlines the conditions under which this relationship is negative, neutral, or positive in the banking sector. Applying economic and managerial principles, the book demonstrates that problems related to the competitive advantage can be successfully analyzed like all other business problems, using traditional tools of economics, finance, and strategy (provided that the dynamics of industry-specific interactions are considered). The author argues that the ability of firms to improve their performance depends on the structure in which these organizations compete and their ability to optimize their value-based management. Key features: Captures the diversity and the interconnection of management control and firm performance issues Analyzes the challenges of contemporary management control in order to provide transversal and sustainable strategic solutions Promotes understanding of the prospects of optimizing mechanisms This volume is intended primarily for those who will be called upon to work as researchers or professionals in the fields of corporate governance and value-based management. The book identifies the technical practices and proposes mechanisms to encourage growth and improve performance. The book will be helpful for renewing strategic approaches and value-based mechanisms in a digital and open economy. Copyright © 2024 By MAER* & Prof. Walter Amedzro St-Hilaire Notice: 1. This series cannot be lent or exchanged (individual or inter-university loans). It is reserved exclusively for members (and guests) of the institution that purchased it. This is a single license. 2. The use of the “single license” refers to print copy, i.e. institutions can still purchase eBooks for loan to their university staff, students and visitors, so long as they are not made available for interlibrary loan. 3. To obtain an eBook version of this series, please email the publisher, MAER* Management & Applied Economics Review.