title: Application of Fundamental Valuation to Russian Non-Traded Companies: Towards Private Equity Market Formation
metadata.name: dc.contributor.author
metadata.value: Bukhvalov, Alexander V.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Nikulin, Egor D.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2017-10-26T10:03:04Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2017-10-26T10:03:04Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2016
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/8610
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The goal of the paper is to develop an approach to assessing the fundamental (intrinsic) value of Russian traded and non-traded companies and in doing so to contribute to the private equity market formation. To obtain a measure for fundamental value a modified Ohlson model is proposed and then tested using regression analysis on a sample of Russian traded companies for the period 2002-2013. The results of our study
  enable to derive a formula for a particular accounting year that can be used in order to assess the value of companies of different industries.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: en
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St. Petersburg University Graduate School of Management
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: GSOM Emerging Markets Conference 2016;pp. 71-73
metadata.lang: -
metadata.name: dc.subject
metadata.value: market capitalization
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Ohlson model
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: fundamental valuation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: intrinsic value
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: companies' value
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: trade companies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: non-trade companies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Russia
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Application of Fundamental Valuation to Russian Non-Traded Companies: Towards Private Equity Market Formation
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Other
metadata.lang: en_GB
resources.filename: abstract_s_book_gsom_em_conference_2016.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/8610/1/abstract_s_book_gsom_em_conference_2016.pdf
resources.format: Adobe PDF
resources.size: 5,4 MB