Kazan (Volga region) Federal University, KFU
KAZAN
FEDERAL UNIVERSITY
 
ENSURING THE EFFECTIVENESS OF THE PRIVATIZATION OF STATE-OWNED COMPANIES IN THE CONDITIONS OF INSTABILITY OF THE FINANCIAL MARKETS (UNDER THE EXAMPLE OF OJSC «OIL COMPANY «ROSNEFT«)
Form of presentationArticles in international journals and collections
Year of publication2016
Языканглийский
  • Gabdullin Nail Maratovich, author
  • Vafin Lenar Rafailevich, author
  • Bibliographic description in the original language Igor Kirshin. Ensuring the effectiveness of the privatization of state-owned companies in the conditions of instability of the financial markets (under the example of OJSC «Oil Company «Rosneft«) //American Strategic Managment Journal Volume 15, Special Issue 4, 2016
    Annotation The current state of the world and Russian economy makes it necessary to search for the additional sources of funding by the Government of the Russian Federation in terms of undervaluation of the Russian companies. The privatization strategy is aimed at regulation of the state budget deficit by attracting the maximum possible amount of cash flows at the present stage of development of the Russian economy. However, due to the volatility of financial and commodity markets, and imposed sanctions against the Russian companies, it raises the problem of an adequate assessment of the privatized assets. A potential stabilization of markets and the prospects of lifting of restrictions actualize the temporal aspects of privatization. The paper includes the assessment of the value of cash flows generated by the company and the shareholders' equity.
    Keywords internal value of the company, market capitalization, company cash flow, the required rate of return, cost of capital
    The name of the journal American Strategic Managment Journal
    Please use this ID to quote from or refer to the card https://repository.kpfu.ru/eng/?p_id=146512&p_lang=2
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