engleski

The process of value maximisation of joint-stock companies (country in transition)

The main strategy of a joint-stock company is to maximize capital funds. The maximization of the company value is the main strategy of every profit-making organisation. Special attention is paid to the experience of Croatian economy subjects: criticism of the national experience on company evaluations has resulted with an attempt to introduce the CAPM model for the purposes of the Croatian financial management. It is during the process of maximization that the methodology of value estimation of Croatian companies is theoretically analyzed. In this line, the strategic company goals are being critically studied.

CAPM model; joint-stock company; valuation

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