Approaches to controlling the work of the company and top management by the owner

Subject. The article addresses control and evaluation of company's operations by the owner. Objectives. The focus is on systematization of indicators for evaluating and controlling the company's performance, its investment attractiveness, and the work of top managers, from the position of an investor and CEO. Methods. The study employs general scientific methods, like analysis, comparison, systematization, graphical and tabular methods of data presentation. Results. We considered various approaches to evaluating the company's activities: from final indicators of value through financial and non-financial meters to actions aimed at improving relevant indicators, highlighted and formulated advantages and disadvantages of each approach. The paper determines features and possibilities of their use, taking into account the specifics of the context and goals of the investor in relation to a particular company. Conclusions. The tools and indicators for monitoring the activities of the company and its top managers should be selected depending on the specifics of the investor, his share in the business, natural proximity to the operating activities of the enterprise, knowledge of the industry and business, and desire to devote significant time to control.

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Publication Details

Journal
Financial Analytics Science and Experience
Published
2024-08-29
DOI
https://doi.org/10.24891/fa.17.3.293
Primary Topic
Economic and Business Development Strategies
Type
article
Field-Weighted Citation Impact
0.00
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article

Approaches to controlling the work of the company and top management by the owner

Tat'yana A. BOGDANOVA, Mikhail A. KARLIK
Financial Analytics Science and Experience
Economic and Business Development Strategies
article

Approaches to controlling the work of the company and top management by the owner

Tat'yana A. BOGDANOVA, Mikhail A. KARLIK
article en

Abstract

Subject. The article addresses control and evaluation of company's operations by the owner. Objectives. The focus is on systematization of indicators for evaluating and controlling the company's performance, its investment attractiveness, and the work of top managers, from the position of an investor and CEO. Methods. The study employs general scientific methods, like analysis, comparison, systematization, graphical and tabular methods of data presentation. Results. We considered various approaches to evaluating the company's activities: from final indicators of value through financial and non-financial meters to actions aimed at improving relevant indicators, highlighted and formulated advantages and disadvantages of each approach. The paper determines features and possibilities of their use, taking into account the specifics of the context and goals of the investor in relation to a particular company. Conclusions. The tools and indicators for monitoring the activities of the company and its top managers should be selected depending on the specifics of the investor, his share in the business, natural proximity to the operating activities of the enterprise, knowledge of the industry and business, and desire to devote significant time to control.

Financial Analytics Science and ExperienceVol. 17(3)
Peter the Great St. Petersburg Polytechnic University (RU), International Management Institute Saint Petersburg (RU)
Openalex Percentile: Top 82%
Economic and Business Development Strategies
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