SHAREHOLDERS AND THE LONG-TERM ABILITY OF A COMPANY TO VALUE CREATION: THE CASE OF THE IT SECTOR

The paradigm of enterprise management based on the subordination of the management system to the requirements of effective value creation has made the maximisation of company value a determinant of the concept of doing business and a guarantee of the long-term existence of the company on the market. The active creation of value is a unique task for shareholders. Shareholders have the largest share in the area of internal factors that directly affect the competitiveness of the company. The aim of the research was to identify areas where shareholders have an influence on building the long-term ability of an IT company to create its value. The Delphi method (heuristic method) was applied. The participants (a panel of experts from a given area) represented a selected professional group. The objects of the study were companies from the IT sector operating internationally, and fulfilling the criteria of the company category, while their shareholders fulfil the criteria of the shareholder typology category.