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Abstract:
Corporate strategies and decisions are tested against potential value creation. Based on Value-Base Management (VBM) methodology an evaluation framework is created to maximize the value of an enterprise. VBM uses valuation techniques for performance management, business control and decision making. In this paper the aim is to fill this gap by introducing a framework to assess differences in the extent of VBM implementation for transport enterprises. This paper argues that the VBM approach can achieve the objectives of a transport enterprise management keeping the right balance between different stakeholders. Therefore, the paper investigates the relationship between transport policy, planning and operation with the implications between objectives functionally split into four directions-strategy, planning, competitiveness and innovation. The extent of VBM implementation using a VBM framework comprising several distinctive elements and dimensions in transport sector enterprises is highlighted. The main goal is to determine how VBM and its component dimensions are related with the value for transport sector in EU.
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