VALUE CREATION IN FINANCIAL, BUSINESS AND ACADEMIC ORGANIZATIONS: A REVIEW STUDY

Abstract

Considering that competitiveness in the globalized market has value creation as an indicator, this study analyzes the most representative aspects of scientific production regarding the generation of value in financial, business and academic organizations. For this, 20 studies carried out between 2015 to 2020 were analyzed, which tried to explain how value is generated in organizations from various perspectives, they proposed methods and tools to achieve the value desired by every for-profit organization.

The results indicated that the value created in a company depends on the risk and indebtedness capacity of the organization, so the EVA is used to assess the credit risk that the company has, as well as the leverage that has a high degree of indebtedness by venture capital companies that occurs essentially in the acquired company (target). Likewise, there are authors who propose methods and tools to create value, for example, the BPCRM (Best Practices Credit Risk Model) by Asencios et al., (2019), CSR and R & D & I activities by Méndez (2017) and the Analytic Hierarchy Process (AHP) method of Vanti et al. (2018).