Value based management

(VBM).

An approach to management which focuses on the creation of shareholder value.

It leads to the setting of operational objectives:

• Which are understood by operational managers; and
• Over which the operational managers have the perception and the reality of control.

See also

• Corporate finance
• Corporate value
• Market value
• Market value added
• Metric
• Multiples valuation
• Shareholder value analysis
• Value driver