Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Research › peer-review
This article covers methodological aspects of monitoring financial stability. The purpose of the study is to justify recommendations on abnormal profitability evaluation as a key indicator for efficient growth of business. An assessment framework of abnormal profitability is proposed in the elaboration of the economic value added concept, the abnormal profitability being considered as an excess of the adjusted return on investment above the weighted average cost of capital. The framework has been tested on key industries in the Russian economy. There are reasons given for the abnormal profitability evaluation to be a much needed tool for monitoring companies' financial stability for the purposes of providing sustainable economic growth.
Original language | English |
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Title of host publication | Proceedings of the 28th International Business Information Management Association Conference - Vision 2020 |
Subtitle of host publication | Innovation Management, Development Sustainability, and Competitive Economic Growth |
Publisher | IBIMA |
Pages | 681-688 |
Number of pages | 8 |
ISBN (Electronic) | 9780986041983 |
State | Published - 1 Jan 2016 |
Event | 28th International Business Information Management Association Conference - Vision 2020: Innovation Management, Development Sustainability, and Competitive Economic Growth - Seville, Spain Duration: 9 Nov 2016 → 10 Nov 2016 |
Conference | 28th International Business Information Management Association Conference - Vision 2020: Innovation Management, Development Sustainability, and Competitive Economic Growth |
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Country/Territory | Spain |
City | Seville |
Period | 9/11/16 → 10/11/16 |
ID: 32850843