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@article{ Osiichuk2020, title = {Aplikacja koncepcji zarządzania wartością VBM w publicznych instytucjach kultury}, author = {Osiichuk, Dmytro and Wnuczak, Paweł}, journal = {Studia z Polityki Publicznej / Public Policy Studies}, number = {3}, pages = {99-116}, volume = {7}, year = {2020}, issn = {2719-7131}, doi = {https://doi.org/10.33119/KSzPP/2020.3.6}, abstract = {The article discusses the concept of value-based management adapted to the specificity of public cultural institutions. The adaptation process involves mainly the consideration of the advantages generated by cultural institutions and the application of a discount rate in social calculations. The presented concept makes it possible to assess the social rationale behind the activity of non-commercial cultural institutions. In order to explain the suggested solutions better, a numerical example illustrating the methodology covered in the paper has been used.}, }