Marius Daraban

• BBA, PhD
• CEO at TopCFO

The main economic purpose of a business organization is to create value for its owner. The value concept is a complex notion that has developed alongside human history and reflects the concerns of human society through time. As a result of the value theory, the management of value has also emerged as an essential and accompanying activity. Value-ba...

Since the very early stages of human development knowledge, knowledge management have made a difference in who is prevailing and who is not. Driven by the information technology revolution of the 20st century knowledge and especially knowledge management within the establishing knowledge society and knowledge based economies have kicked off a major...

Business organizations of the 21st century, a century driven by globalization, internationalization and speed, must compete on changing and evolving markets. One of the main goals of every business is to create value for its shareholders, value that is generated by the proper usage of existing resources. The notion that can be utilized to successfu...

The information age has changed many of the "classical" business activities by altering the core values and management principles. Human resources management has also changed and has adapted to the new challenges of the 21 st-century information age. The hunt for knowledge and for the determined business value is driven by more complex and far-reac...

One of the most important changes of the 21 st century, an information-driven century, is the shift in the paradigm of managing and understanding businesses. Economic value has become more and more difficult to define and understand when looking through the perspective of the information age. The information age has brought information technology "...

Business organizations compete for the best sustainable competitive advantage in a world that is changing quickly and dramatically due to the new economy driven by the information age. Do businesses, in the quest for the sustainable competitive advantage, use all available resources to their benefit? Data, information, and knowledge are a sustainab...

Porter stated in his value chain concept that business support activities are contributing to the value creation process of a business organization. In the “classical view” business support activities are considered as indirect productive and not having a clear and direct contribution to the business organization value chain. The information age ha...

The today's CFO is a business value driver for any modern business organization. For the evaluation of the created value, Economic Value Added (EVA) has been used to highlight and quantify the value contribution of the CFO activities to the business value creation process. The present paper is using a simplified EVA calculation model to determi...

To be able to be competitive in the future more complex and globalized markets, morphed ambidextrous business organizations have understood that the core competence needs to be developed and promoted and their classical approach towards non-core business activities needs to change. The goal of the doctoral thesis is to show that intangible assets...

Business value contribution of CFO activities

Porter stated in his value chain concept that business support activities are contributing to the value creation process of a business organization. Management accounting is a classical business support activity that contributes to the business organization value chain. Can this value contribution be somehow determined or quantified? The present pa...

The 21 st century information and information technology revolution has made its mark on classical business functions like business support services. Management accounting, a still young business activity has transformed from reactive cost determination focus to proactive value creating and considerate resource business driver. Management accountin...

Companies have focused for decades on maximizing the value creation process of direct productive business activities. The information revolution has left its mark and has started an irreversible transformation of classical business processes and activities. In the new 21 st century information and data driven society, commodity is value and knowled...

Traditionally companies focus on their core competencies when talking about efficiency and increase in performance. To achieve a certain aid of performance and make resources and knowledge available companies turn to outsourcing in traditional form and to strategic knowledge outsourcing. Can the support services / non–core activities be a successfu...

Traditionally companies focus on their core competencies when talking about efficiency and increase in performance. To achieve a certain aid of performance and make resources and knowledge available companies turn to outsourcing in traditional form and to strategic knowledge outsourcing. Can the support services / non–core activities be a successfu...