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The Value-Based Management Approach: From The Shareholder Value To The Stakeholder Value

Author

Listed:
  • VALENTIN MUNTEANU
  • DOINA DANAIATA
  • LUMINITA HURBEAN
  • ALICE BERGLER

Abstract

The ongoing discussion about the adequate management form and the purpose of organizations in the contemporary postmodern society have once again gained in importance and interest after the financial crises of 2008. Different management concepts have been developed throughout the time, which propose objectives for organizations and thus managerial goals, activities and decision making. Considering the value based management approach and the stakeholder theory, we propose a shift in the value based management: from shareholder value to stakeholder value.

Suggested Citation

  • Valentin Munteanu & Doina Danaiata & Luminita Hurbean & Alice Bergler, 2012. "The Value-Based Management Approach: From The Shareholder Value To The Stakeholder Value," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 6(1), pages 39-44, November.
  • Handle: RePEc:rom:mancon:v:6:y:2012:i:1:p:39-44
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    Cited by:

    1. Corina MARINESCU & Claudiu CICEA, 2018. "A Bibliometric Analysis Of The International Management Conference Proceedings’ Papers," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(1), pages 293-306, November.

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