Финансовый менеджмент. Практикум
Recently, the valuation of intellectual capital is one of the urgent problems of financial management. This is due to the complexity of determining cash flows and discount rates. The proposed method solves these problems by using the approach based on the logic of the value chain. Draw conclusions on whether the analyzed company-oriented personnel or relies on its key asset, as well as what share of the value of the company generates intellectual capital.
Article is devoted to problem solving of a lack of capital resources for realization of project portfolio on basis of revealed laws in financing, budgeting and capital rationing system in the company.
One of the most important indicators of company's success is the increase of its value. The article investigates traditional methods of company's value assessment and the evidence that the application of these methods is incorrect in the new stage of economy. So it is necessary to create a new method of valuation based on the new main sources of company's success that is its intellectual capital.