Safiullin A.R.Doctor of Economic Sciences, Professor of the Department of Production Economics, Institute of Economics and Finance, Kazan (Volga region) Federal University safiullin.ar@gmail.com
Salakhieva M.F.PhD of Economic Sciences, Associate Professor of the Department of Crisis Management and Assessment Activities, Institute of Economics and Finance, Kazan (Volga region) Federal University Albert171@yandex.ru
The article presents approaches to assessing the value of the company, their specification and application features for conception of value management. Represented comparative analysis of valuation methods is topical due to the necessity of introduction of contemporary management standards in domestic companies. It should be noted that the article differs with its systematic structure, up-to-date information concerning the results of the latest empirical studies in a field of value assessment of a company, and also formed set of recommendations on the application of the viewed approaches.
Keywords: value based management, income approach, cost approach, comparative approach, multipliers
References:
Damodaran A. Investment assessment. Tools and equipment of an assessment of any assets, 2004, 1342 p.
Kogdenko V.G. Analysis of indicators of creation of value [Analiz pokazatelei sozdaniia stoimosti], Ekonomicheskii analiz: teoriia i praktika – Economic analysis: theory and practice, 2010, no.19, pp. 11–20.
Mel'nik M.V., Kogdenko V.G. Concept of economic analysis, based on the assessment of the value chain [Kontseptsiia ekonomicheskogo analiza, orientirovannogo na otsenku tsepochki sozdaniia stoimosti], Ekonomicheskii analiz: teoriia i praktika – Economic analysis: theory and practice, 2010, no. 7, pp. 2–9.
Mel'nik M.V., Kogdenko V.G. Return on invested capital in the system of analysis of the value chain [Rentabel'nost' investirovannogo kapitala v sisteme analiza tsepochki sozdaniia stoimosti], Ekonomicheskii analiz: teoriia i praktika – Economic analysis: theory and practice, 2010, no.9, pp. 2–7.
Deng M., Easton P.D., Yeo J. AnotherLook at Equity and Enterprise Valuation based on Multiples, Social science researchnetwork, Available at: Link.
Dittmann I. Biases and Error Measures, How to Compare Valuation Methods, Social science research network, Available at: Link.