Flow Modeling of the Economic Profit

Student: Stolyarova Alisa

Educational Programme: Corporate Finance (Master)

Year of Graduation: 2017

This paper focused on Value Based Management (VBM) paradigm and, in particular, on economic profit model (RI). Noted the advantages and disadvantages of the models based on market or book value of the company, as well as the problems associated with valuation and decision making. The result of the study is the identification of economic profit determinants, as well as their quantitative evaluation made by the example of emerging market companies. The general concept and practical scheme of such assessments is offered, stress tests are conducted. These results can be applied in practice of strategic management.

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