IDEAS home Printed from https://ideas.repec.org/a/url/upravl/v9y2018i4p40-52.html
   My bibliography  Save this article

Assessing Stakeholders’ Contribution to Enterprise Value: The Case of the Russian Banking Sector

Author

Listed:
  • Irina N. TKACHENKO

    (Ural State University of Economics)

  • Aleksandr A. ZLYGOSTEV

    (Ural Bank for Reconstruction and Development)

Abstract

The article looks at the problem of finding an adequate toolkit for assessing stakeholder value and the contribution of certain stakeholder groups to the increment of this value. The methodological basis of the study includes the stakeholder approach and the elements of the concept of corporate governance. The paper reviews the theoretical concepts of assessing stakeholders’ contribution and systematizes the approaches of foreign and Russian authors on the basis of application of monetary and non-monetary estimates. The authors find that there is the prevalence of integrated assessments that use quantitative and qualitative indicators in assessing stakeholder value. The article attempts not only to expand the understanding of the methodological basis for assessing stakeholder value, but also, on the basis of econometric approaches, to develop the practice of assessing stakeholder value in relation to the sphere of large players of the Russian banking sector. The authors examine the contribution of owners, i.e. the main financial stakeholders, and that of one of non-financial stakeholders’ groups, namely companies’ employees. The research results show that in the banking sector the owner exerts the greatest influence on value increment.

Suggested Citation

  • Irina N. TKACHENKO & Aleksandr A. ZLYGOSTEV, 2018. "Assessing Stakeholders’ Contribution to Enterprise Value: The Case of the Russian Banking Sector," Upravlenets, Ural State University of Economics, vol. 9(4), pages 40-52, August.
    • Handle: RePEc:url:upravl:v:9:y:2018:i:4:p:40-52
    DOI: 10.29141/2073-1019-2018-9-4-5
    as

    Download full text from publisher

    File URL: http://upravlenets.usue.ru/images/74/5.pdf
    Download Restriction: no
    File URL: http://upravlenets.usue.ru/en/-2018/500
    Download Restriction: no
    File URL: https://libkey.io/10.29141/2073-1019-2018-9-4-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alla V. VAVILINA & Lidiya N. LEVANOVA & Irina N. TKACHENKO, 2019. "Interrelation between dividend policy and corporate reputation in Russian companies," Upravlenets, Ural State University of Economics, vol. 10(4), pages 14-23, September.
    2. Svetlana V. OREKHOVA & Larisa Sh. KUDIN & Aleksandra V. KUPERA, 2019. "CEO turnover and company performance: Sensitivity and empirical estimates," Upravlenets, Ural State University of Economics, vol. 10(4), pages 2-13, September.
    3. Irina N. Tkachenko & Irina V. Pervukhina & Aleksandr A. Zlygostev, 2020. "Modeling the contribution and benefits of company stakeholders," Upravlenets, Ural State University of Economics, vol. 11(2), pages 2-15, April.
    4. Marina V. Evseeva, 2020. "Comparative effectiveness of high-tech and medium-tech business models: Key indicators and value sustainability," Upravlenets, Ural State University of Economics, vol. 11(3), pages 59-71, July.
    5. Irina N. Tkachenko, 2021. "Rethinking the stakeholder approach to corporate governance amid the coronavirus crisis: From commitment declaration to applied models," Upravlenets, Ural State University of Economics, vol. 12(2), pages 2-16, April.

    More about this item

    Keywords

    CORPORATE GOVERNANCE FIRM VALUE STAKEHOLDER STAKEHOLDER VALUE ASSESSMENT METHOD;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:url:upravl:v:9:y:2018:i:4:p:40-52. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Victor Blaginin (email available below). General contact details of provider: https://edirc.repec.org/data/usueeru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.