Majątek przedsiębiorstwa a jego wartość
Company assets and company valuation
Summarizing all ideas taken into consideration in the article above it can be said that asset management is crucial for effective management of each company. Ensuring good development opportunities for companies is not possible without achieving better or at least the same condition as their competitors. It has been proven that the structure, size and quality of assets as well as resulting production capacity do not constitute any value themselves but what matters is the effects which they can contribute to the production processes. Moreover, the attributes of assets must reflect the microeconomic aims of a company, One of the basic ones is an ability to gain and retain competitive advantage and thus to ensure more than average return. Therefore, as the assets contribute to the obtaining competitive advantage they have impact on realization of company aims which reflects attempts to increase (maximize) company assets and finally they increase company valuation.