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Value-based Management as a Tool of Geo-economic Dominance

https://doi.org/10.26794/2220-6469-2026-20-2-119-133

Abstract

The objective of the study is to identify the origins of global financial threats, tools and mechanisms for their implementation. The search for ways to strengthen corporate finances and ensure economic security in the context of military confrontation is becoming the most urgent. The subject of the research is issues of financial management in terms of traditional and value-based (VBM) approaches to corporate governance, highlighting traditional performance indicators and cost-of-capital measures in the interests of shareholders. Statistical methods of grouping and comparing empirical data, estimating the value of a corporation (capitalisation, analogues, substitution) and traditional performance measures are used, geopolitical instruments, methods of destructive influence on competitors through hostile takeover, lowering asset capitalisation, restrictions, disruptions in supply chains, etc. are considered. As a necessary condition for achieving high-quality, rather than fictitious, capitalization growth, the fundamental approach to corporate finance management prevails over speculative manipulation in the study. The geo-economic processes leading to VBM dysfunctionality in recent decades have been identified, when VBM has been used as an instrument of monopolistic hegemony by international financial conglomerates. Recommendations have been developed to achieve a balanced systemic interrelationship between the continuity of the company’s operations and the interests of shareholders, capable of maximizing the potential of each participant in industrial relations, countering the geo-economic expansion of transnational geopolitically motivated majority shareholders, and resisting the activities of geopolitical competitors.

About the Author

V. A. Chernov
National research N.I. Lobachevsky State University of Nizhny Novgorod
Russian Federation

Vladimir A. Chernov — Dr. Sci. (Econ.), Prof. of department of finance and credit of Institute of economy and business

Nizhny Novgorod



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For citations:


Chernov V.A. Value-based Management as a Tool of Geo-economic Dominance. The world of new economy. 2026;20(2):119-133. (In Russ.) https://doi.org/10.26794/2220-6469-2026-20-2-119-133

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ISSN 2220-6469 (Print)
ISSN 2220-7872 (Online)