Bytova A.V., Skipin D.L., Bystrova A.N.Published in:
Russian Journal of Entrepreneurship
– Volume 18, Number 22 (November 2017)

JEL classification: G34, K22, O16

Keywords: financial status, investment attractiveness, profit, rating


Share:

Abstract:

The article considers current methodological approaches to estimation of investment appeal of the enterprise. We identify their advantages and disadvantages and suggest the methodology for assessing investment attractiveness of the enterprise on the basis of financial status of the enterprise considering data from the accounting reports. The methodology involves assessment through two-level model of the investment attractiveness of the enterprise, according to which at first, we analyze financial indicators terms of liquidity, financial stability and profitability, and then we rank enterprises by the scores.

---

References:
Bystrova A.N., Sakhno Yu.S. (2015). Konkurentnaya razvedka kak istochnik informatsii dlya tseley strategicheskogo upravlencheskogo ucheta i analiz [Competitive investigation as information source for strategic management accounting and the analysis]. International Research Journal. (7-3(38)). 19-21. (in Russian).
Fomin V.P., Igoshina N.A. (2009). Analiz sbalansirovannosti pokazateley razvitiya organizatsii v strukturnom i vremennom aspektakh [Analysis of the balance of the organization's development indicators in the structural and temporal aspects]. Economic analysis: theory and practice. (7). 25-31. (in Russian).
Fomin V.P., Tatarovskiy Yu.A. (2014). Formirovanie i analiz pokazateley finansovogo sostoyaniya organizatsii [Formation and analysis of financial indicators of the organization]. Economic analysis: theory and practice. (4(355)). 11-19. (in Russian).
Gorodnova N.V., Skipin D.L. (2010). Otsenka investitsionnyh proektov po rekultivatsii narushennyh zemel pri osvoenii, stroitelstve i ekspluatatsii obektov neftegazovogo kompleksa [Assessment of investment projects for reclamation of degraded lands during development, construction and operation of oil and gas facilities]. Economic analysis: theory and practice. (39). 105-108. (in Russian).
Gorodnova N.V., Skipin D.L. (2011). Formirovanie gosudarstvenno-chastnyh partnerstv v investitsionno-stroitelnoy sfere [Formation of public-private partnerships in the investment and construction sphere]. Management of economic systems: scientific electronic journal. (27). 48-56. (in Russian).
Karanina E.V., Vershinina N.A. (2015). Sovershenstvovanie metodologii otsenki i obespecheniya investitsionnoy privlekatelnosti predpriyatiya s uchetom riskovogo podkhoda [Improved methodologies for assessing and ensuring the investment attractiveness of the company with the risk approach]. Economics and management: problems, solutions (Ekonomika i upravleniye: problemy, resheniya nauchno-prakticheskiy zhurnal). (12). 175-181. (in Russian).
Kazakova N.A. (2013). Ekonomicheskiy analiz v otsenke biznesa i upravlenii investitsionnoy privlekatelnostyu kompanii [Economic analysis in business valuation and management of the company's investment attractiveness] M.: Finansy i statistika. (in Russian).
Kuznetsov A.L, Sevryugin A.S., Sevryugin Yu.V. (2004). Investitsionnaya privlekatelnost predpriyatiya: ponyatie i klassifikatsiya [Investment attractiveness of the enterprise: concept and classification]. Realnyy sektor ekonomiki: teoriya i praktika upravleniya. (1). 56-58. (in Russian).
Matveeva M.A. (2012). Opredelenie investitsionnoy privlekatelnosti organizatsii putem analiza ego finansovogo sostoyaniya [Assessing the investment attractiveness of enterprises through the analysis of their financial state]. Problems of modern economics. (4(44)). 205-209. (in Russian).
Mironova O.A., Tereshina V.V., Gritsuk N.V. (2009). Upravlenie ustoychivym razvitiem organizatsii: uchetno-analiticheskiy aspekt [Management of company's sustainable development: accounting and analysis aspect] Yoshkar-Ola. (in Russian).
Podshivalenko G.P., Kiseleva N.V. (2006). Investitsionnaya deyatelnost [Investment activities] M.: KNORUS. (in Russian).
Semena L.A. (2010). Investitsionnaya privlekatelnost predpriyatiya: teoreticheskiy aspekt [Investment attractiveness of the enterprise: theoretical aspect]. Bulletin of Chelyabinsk State University. 27 (14(195)). 17-19. (in Russian).
Shegurova V.P., Leushina E.V. (2014). Sravnitelnaya kharakteristika razlichnyh metodik reytingovoy otsenki finansovogo sostoyaniya promyshlennogo predpriyatiya [Comparative characteristics of different methods of rating the financial state of an industrial enterprise] Economic science and practice. 80-84. (in Russian).
Sosnina A.D. (2015). Metody otsenki investitsionnoy privlekatelnosti organizatsiy [Methods for assessing company's investment attractiveness ]. The young scientist. (11-3(91)). 68-71. (in Russian).
Tsopa N.V. (2011). Metody otsenki investitsionnoy privlekatelnosti proizvodstvennyh predpriyatiy: preimuschestva, nedostatki, osobennosti primeneniya v sovremennyh usloviyakh [Methods for assessing the investment attractiveness of production enterprises: advantages, disadvantages, application under modern conditions]. Nauchnyy vestnik: finansy, banki, investitsii. (4(13)). 93-98. (in Russian).
Valovik D.V. (2016). Sovremennye pokhody k otsenke investitsionnoy privlekatelnosti predpriyatiya [Modern aproaches to assessment of the investment attractiveness of the enterprise]. Politika, ekonomika i sotsialnaya sfera: problemy vzaimodeystviya. (4). 108-113. (in Russian).
Zakharova N.Yu. (2011). Problemy otsenki investitsionnoy privlekatelnosti agrarnyh predpriyatiy [Problems of assessment of investment attractiveness of agricultural enterprises]. Nauchnyy vestnik: finansy, banki, investitsii. (3(12)). 76-80. (in Russian).