Value Management

Author: Cai Chang
Publisher:
Publish Date: 2003-01-01
Features: This is a monograph exploring corporate management, and at the same time, a masterpiece imbued with transformative ideas. Value management is a management activity based on value principles, aimed at enhancing corporate value, capable of creating value, and sustainably realizing value appreciation for enterprises. Value management is the core of corporate management, and maximizing corporate value has long been regarded as the ultimate goal of enterprises. Pursuing corporate value maximization has always been a benchmark of enterprise financial management, and it reflects the efficiency of the enterprise. According to the discounted cash flow model, corporate value maximization, to a certain extent, depends on the maximization of corporate cash flows. Therefore, it requires management authorities and related stakeholders to strive to increase corporate cash flows, reduce capital costs, and extend the duration of corporate operations, so that the micro-value and macro-value of the enterprise can be realized.