Value-Based Management for Real Estate Developers’ Activities

Kowalski, Michał J.; Kazak, Jan

doi:10.1515/remav-2020-0031

Cited by 5 publications

(2 citation statements)

References 22 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…EVA is recognized as an important tool for performance measurement and management worldwide, particularly as a component of corporate strategy in advanced economies [40]. Concepts such as EVA or ROIC permanently become an element of measuring performance [41]. Economic added value or economic value added (EVA) is a financial method to estimate the economic profit of a business.…”

Section: Resultsmentioning

confidence: 99%

The impact of the application of the economic value-added method in the food company

Bajus

2023

Potr. S. J. F. Sci.

View full text Add to dashboard Cite

One of the most popular methods to measure the performance and success of the company has become the economic value added. EVA supports strategic planning, and management can measure and evaluate performance at the division level. Through it, you can find results that are important not only for the company's management and the owners but also for the company's shareholders. For businesses in the market, it is essential to measure and evaluate the performance of the business, as they are exposed to the risk of competition and, of course, pressure from the environment. However, many companies are underestimating this measurement due to time-consuming and evaluating business performance based on financial statements. Therefore, they can only assess traditional indicators, often insufficient to determine the company's performance. The paper aims to inform readers about all necessary information related to the EVA method and draw the calculation on a specific example. We have determined the application of the method to a particular company as our primary goal. Therefore, we can get information on the performance of the selected company. The applied values and data are further applied and interpreted, which results in how the company manages its assets and how it can continue to improve its performance.

show abstract

Section: Resultsmentioning

confidence: 99%

The impact of the application of the economic value-added method in the food company

Bajus

2023

Potr. S. J. F. Sci.

View full text Add to dashboard Cite

show abstract

“…To that extent, it is evidently vital to ensure that the value of any property is maintained and enhanced by practicing real estate management so that investors or owners can achieve their targets." (Abdullah et al, 2015, p. 51) According to Kowalski and Kazak (2020) the implementation of the idea of value-based management assumes ongoing monitoring of the expenses incurred by the enterprise and the value that has been generated as a result of the company's operations on the market. The implementation of such a management system could have a positive impact on increasing the level of economic security in the real estate sector, by providing decision-makers with instruments to measure the economic situation of enterprises.…”

Section: "An Important Step To Organizing and Standardizing The Above...mentioning

confidence: 99%

Management and Valuation in Real Estate Cyclea Decade of Experience

Wisniewski,

Wiśniewski

2024

Real Estate Management and Valuation

View full text Add to dashboard Cite

The issues of “real estate management” (REM) and “real estate valuation” (REV) are very important from the perspective of the economic development of any country. This is because they refer to one of the most important factors of production, which is real estate. The article assumes that REV is all the processes that allow for valuation, while REM is all the processes that allow for the management and administration of real estate. Both of these processes were referred to the “real estate market cycle” (REMC) and the “real estate lifecycle” (REL). The article analyzed 365 articles published in the Journal of Real Estate Management and Valuation (REMV) (eISSN: 2300-5289). The article is a review paper and has been prepared as part of a summary of scientific research carried out between 2013 and 2022.

show abstract

Diversification strategies for indirect real estate. Intersection of business, economics, and society in shanghai mixed-use developments

Valero

2024

SN Bus Econ

View full text Add to dashboard Cite

This study examines the impact of large mixed-use developments on the financial performance of publicly listed real estate firms in Shanghai from 2009 to 2019. The research uses a Multi-Criteria Decision Making (MCDM) approach, considering 14 key performance indicators (KPIs) across three categories: Corporate and Financial Information, Strategy Indicators, and Specifics of Mixed-Use Development. The article analyses the performance of large, listed investors on the Hong Kong, Shanghai, and Singapore Stock Exchanges, providing insights into their evolution over the past decade. The literature review highlights the relationship between companies’ performance and corporate finance, capital structure, and financial ratios. It identifies an existing gap in research related to mixed-use assets and indirect real estate. By using the MCDM framework, the study evaluates these assets and provides actionable insights for global investors, asset managers, and developers, helping them make informed decisions in indirect real estate investment. The findings contribute to understanding investment strategy formation in dynamic real estate markets and support informed diversification and urban policy development. This paper offers a useful appraisal framework for future MCDM risk assessments, assisting stakeholders in navigating the complexities of the real estate landscape in one of the world’s foremost metropolitan hubs. It also offers recommendations and insights on best practices for global listed firms while providing a framework for future research in the field of property investment.

show abstract

Value-Based Management for Real Estate Developers’ Activities

Cited by 5 publications

References 22 publications

The impact of the application of the economic value-added method in the food company

The impact of the application of the economic value-added method in the food company

Management and Valuation in Real Estate Cyclea Decade of Experience

Diversification strategies for indirect real estate. Intersection of business, economics, and society in shanghai mixed-use developments

Contact Info

Product

Resources

About