Ivasiv I. Bank Value: Theory and Management

The basic components of the value based management system in banking have been defined, the approach, according to which the fundamental enterprise value appears as an indicator of the banking management efficiency, and the maximization of the enterprise value in terms of the stakeholders value appears to be a better rational corporate goal for banks than the maximization of the shareholders value, has been substantiated. The complex of the methodical measures of the bank fundamental value estimation in compliance with the preliminary identified specific aspects of banking business, improvement of the processes of the capital management and the capital budgeting, has been worked out. The role of the basic non-financial factors in the bank value creation has been identified, and the complex of the measures on improvement of the corporate governance in banking and implementation of the corporate social responsibility strategy in terms of the value based management in banking has been recommended.