000 01968nam a2200217 4500
999 _c52896
_d52896
003 OSt
005 20191122120949.0
008 191122b ||||| |||| 00| 0 eng d
100 _aRaj, Razaq
_935027
245 _aUtilization of Value-based Management in the Strategic Management of German Automotive Industry
300 _a871-886 p.
520 _aThe purpose of this research article is to analyse the value-based management commitment of automotive enterprises and to examine the factors that explain the control parameters in automotive industry. There have been a few empirical studies published in the German’s automotive sector, but most of the existing studies failed to provide evidence of utilization of value-based management in the strategic management in the automotive sector. The German automotive industry’s development is closely related to global economic developments. Previous research work has considered control parameters of enterprises, but there is little evidence on the factors that explain which control parameters are used in automotive industry. A survey based on annual reports from 2008 to 2011 is used. In total, 20 annual reports of automotive companies were analysed. The results show that automotive companies, especially original equipment manufacturers and listed suppliers, have committed to value-oriented management and have implemented value-oriented approaches. However, not all of the suppliers are communicating this in their reports. The results also show that economic value added is the leading key indicator in the automotive industry.
653 _aShareholder value
653 _avalue-based management
653 _acontrol parameters
653 _aautomotive enterprises
700 _a Beck, Valentin
_918569
700 _aSoliman, Alaa
_935028
773 0 _029349
_977276
_aBANIK, ARINDAM
_dNEW DELHI SAGE PUBLISHING PVT. LTD.
_o55511087
_tGLOBAL BUSINESS REVIEW
_x0972-1509
942 _2ddc
_cJA-ARTICLE