Business, Management and Accounting
8 years ago

New ways of creating value drive sustainable economic growth and development.

Internal Auditing & Risk Management
INTANGIBLE ASSETS - SUSTAINABLE ECONOMIC FACTORS AND NEW CREATORS OF VALUE
Paula – Angela Vidrascu

Paper Summary

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Value creation is crucial for companies, and new ways of creating value like human capital and intellectual capital are emerging. These factors contribute to sustainable economic development and society's progress. Economists have long studied how to measure the value of assets, using indicators like profit, cash flow, and economic value added. Sustainability involves maintaining a system's state over time. The goal is to manage all aspects of a business to create value in line with current trends.