Value-based Management

Value Based Management (VBM) has been broadly talked about in the financial writing. Although Small and Medium-Sized Enterprises (SMEs) are a crucial part of the German economy, there are just few deals with the sensibility and pertinence of VBM as an administration idea for such organizations. By difference, ecological changes, for example, new regulations for giving credits (Basel II), The Corporate Sector Supervision and Transparency Act (KonTraG), and efforts to implement IFRS for SMEs are fostering the usefulness of the basic principles of VBM as a management concept for SMEs. Besides these external impulses internal stimuli like successor problems and oftentimes unstructured and intuitive decision making additionally enhance this usefulness and necessity. Because of the discrepancy between the lack of studies on VBM in SMEs and the rising reasonability and necessity, our aim is to explicate the drivers of VBM for SMEs, to consider the specifics of SMEs when implementing basic principles of VBM, and to derive criteria to evaluate management accounting instruments if they are suitable to support a VBM and meet the specific requirements of SMEs. A journal is a periodical publication intended to further progress of science, usually by reporting new research. Most journals are highly specialized, although some of the oldest journals publish articles, reviews, editorials, short communications, letters, and scientific papers across a wide range of scientific fields. Journals contain articles that peer reviewed, in an attempt to ensure that articles meet the journal's standards of quality, and scientific validity. Each such journal article becomes part of the permanent scientific record. International Journal of Economics and Management Sciences (IJEMS) is one of the best Fully refered journal in Value-Based Management. The main objective of IJEMS is to provide an intellectual platform for the international scholars. IJEMSS aims to promote interdisciplinary studies in economy, business, management and social science and become the leading journal in these fields. OMICS Group Journals encourages original and well researched articles for publication. With the help of a strong 25, 000 experts as editorial board members and reviewers, OMICS Group journals uphold the standard review process. OMICS Group supports the Bethesda Statement on Open Access Publishing. OMICS Scholarly Journals strictly adhere to standard review process. All the articles are subjected to peer-reviewing prior to publication.
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Last date updated on June, 2014

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