Financial Management as a Tool for Achieving Stable Firm Growth

• Authors: Svetlana Saksonova , Svetlana Savina
• Languages of publication: EN

Abstracts

EN

The purpose of this study is to show that financial management in the firm is a tool for achieving stable firm growth and long-term firm stability while problems in firm financial management lead to the inability of firms to ensure sustainable growth of their value. This problem is relevant for firms in all countries. The main objectives of this paper are: to analyse dynamics of value of the largest Latvian firms, to determine the drivers of these dynamics and to establish the main problems slowing the growth of firm value, which are related to the drawbacks in financial management, and to provide suggestions for solving these problems. This study analyses financial management processes and identifies several key problems in financial management.

Keywords

EN

Financial management; firm value; method of discounted cash flow

• Publisher: Sciendo
• Journal: Economics and Business
• Year: 2016
• Volume: 29
• Issue: 1
• Pages: 49-55

Dates

published

2016-08-01

online

2016-09-10

Contributors

author

Svetlana Saksonova

• University of Latvia

author

Svetlana Savina

• Higher School of Social Technologies

Identifiers

DOI

10.1515/eb-2016-0021