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Financial Analytics: Science and Experience
 

The influence of macroeconomic factors on the company's capitalization (for example steel companies «Norilsk Nickel», «Severstal», «Mechel»)

Vol. 4, Iss. 1, JANUARY 2011

Available online: 18 January 2011

Subject Heading: Investment policy

JEL Classification: 

Fedorova E.A. Associate Professor of Financial Management All-Russia Financial and Economic Institute, Moscow
ecolena@mail.ru

Manabaeva S.K. Ph.D. in engineering, head of department of regional programs and projects, Investment company «ORION»
manab1365@yandex.ru

On the basis of methods traditional the correlative and regressive analysis and the test of Grangera, specifying their results revealed of macroeconomic factors, directly ore indirectly influencing on the capitalizations dynamics of three Russian metallurgical companies as in rather stable, and crisis the periods of economic development.

Keywords: capitalization, macroeconomic, factor, company, metallurgy, efficient, management, econometric modeling

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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