Open AccessSTAKEHOLDER APPROACH TO FINANCIAL MANAGEMENT IN VENTURE CAPITAL COMPANIES
Author(s) -
Sergey Valeryevich Bank
Publication year - 2021
Publication title -
russian journal of management
Language(s) - English
Resource type - Journals
eISSN - 2500-1469
pISSN - 2409-6024
DOI - 10.29039/2409-6024-2021-9-1-51-55
Subject(s) - venture capital , business , stakeholder , profit (economics) , order (exchange) , social venture capital , finance , intellectual capital , competitive advantage , value (mathematics) , financial capital , capital (architecture) , industrial organization , economics , marketing , microeconomics , management , archaeology , machine learning , computer science , history
The increasing role of the complexity of non-financial forms of capital in all areas of operation in order to achieve the best competitive positions, as a result, and to justify management decisions determines the search for new strategic ways of developing venture companies. The selected solutions within the framework of the strategy should be consistent with the formation of value increments for corporate stakeholders.
The stakeholders of venture-type companies, being direct carriers of the intellectual and social unity of capital, pursue the goal of obtaining a certain reward in the form of alternative economic profit that covers the costs incurred by them.