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Finance and Credit
 

An index method for formation of a corporation's investment program with a limited budget of financing

Vol. 20, Iss. 24, JUNE 2014

Available online: 14 June 2014

Subject Heading: Investment potential

JEL Classification: 

Pages: 2-8

Iashin S.N. Lobachevsky State University of Nizhny Novgorod - National Research University, Nizhny Novgorod, Russian Federation
jashinsn@yandex.ru

Koshelev E.V. Lobachevsky State University of Nizhny Novgorod - National Research University, Nizhny Novgorod, Russian Federation
ekoshelev@yandex.ru

Podshibiakin D.V. Lobachevsky State University of Nizhny Novgorod - National Research University, Nizhny Novgorod, Russian Federation
dimitrypodsh2014@yandex.ru

The article presents an index method of formation of an investment program of a corporation in the conditions of a limited budget of financing, allowing making the program on the basis of an assessment of resultant efficiency of all complexes of investment projects. The authors consider the general profitability index of TP and the general profitability modified index of TMPI. The paper notes that such indexes allow making a more effective investment program of projects in comparison with the classical index approach which is based on an assessment of modified indexes of profitability of MPI projects separately. The work offers the results helpful to investors pursuing individual investment objectives.

Keywords: investment program, corporation, portfolio, investment projects, limited budget, financing, general profitability, modified index

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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