KFU. Card publication. Tools for considering ESG factors in business valuation

KAZAN
FEDERAL UNIVERSITY

- RUS
- 中文
- ES

TOOLS FOR CONSIDERING ESG FACTORS IN BUSINESS VALUATION

Form of presentation

Articles in international journals and collections

Year of publication

2023

Язык

английский

Authors, employees of KFU

Vagizova Venera Ildusovna, author

Zakhmatov Dmitriy Yurevich, author

Other authors

Koczar Joanna , author

Bibliographic description in the original language

Joanna Koczar, Dmitry Zakhmatov, Venera Vagizova, «Tools for considering ESG factors in business valuation«, Procedia Computer Science, Volume 225, 2023, Pages 4245-4253, ISSN 1877-0509

Annotation

Procedia Computer Science

Keywords

business valuation; discount on liquidity; discount on marketability; sustainable development and enterprise value; ESG factors in business valuation

The name of the journal

Procedia Computer Science

On-line resource for training course

http://dspace.kpfu.ru/xmlui/bitstream/handle/net/177689/1_s2.0_S187705092301579X_main.pdf?sequence=1&isAllowed=y

URL

https://www.sciencedirect.com/science/article/pii/S187705092301579X?via%3Dihub

Please use this ID to quote from or refer to the card

https://repository.kpfu.ru/eng/?p_id=293116&p_lang=2

Resource files

File name	Size (MB)	Format
1_s2.0_S187705092301579X_main.pdf	0,57	pdf	show / download

Full metadata record

Field DC	Value	Language
dc.contributor.author	Vagizova Venera Ildusovna	ru_RU
dc.contributor.author	Zakhmatov Dmitriy Yurevich	ru_RU
dc.contributor.author	Koczar Joanna	ru_RU
dc.date.accessioned	2023-01-01T00:00:00Z	ru_RU
dc.date.available	2023-01-01T00:00:00Z	ru_RU
dc.date.issued	2023	ru_RU
dc.identifier.citation	Joanna Koczar, Dmitry Zakhmatov, Venera Vagizova, «Tools for considering ESG factors in business valuation«, Procedia Computer Science, Volume 225, 2023, Pages 4245-4253, ISSN 1877-0509	ru_RU
dc.identifier.uri	https://repository.kpfu.ru/eng/?p_id=293116&p_lang=2	ru_RU
dc.description.abstract	Procedia Computer Science	ru_RU
dc.description.abstract	As an indicator of the sustainability of the company's development, an indicator of its value is proposed, reflecting the dynamics of the financial health of the company and the ability of its management to create value for shareholders and other stakeholders. An increase in the value of an enterprise can serve as an indicator of improving production efficiency, introducing new technologies and processes, increasing the customer base and diversifying the business. The applicability of the enterprise business value indicator as an integral indicator of sustainable development is substantiated. The hypothesis is considered that in the framework of business assessment, the influence of ESG factors should be taken into account by adjusting the cash flows of the enterprise and the discount rate as an indicator reflecting the risks of obtaining (forming) these cash flows, while the risk accounting areas should be correctly divided in order to avoid double accounting. The expediency of calculating the validity of a block of shares or a share of an enterprise for sale (Discount for lack of marketability (illiquidity), DLOM) when evaluating a business, instead of a discount on liquidity, has been proved, which, when making final adjustments, should be calculated using a multiplicative formula together with a discount on the non-controlling nature of a block of shares; ESG factors when calculating the validity of a block of shares or the shares of the enterprise for sale are proposed to be taken into account using the «Mandelbaum factors«. The conducted research can be applied in practical tasks of business value management in the context of the vector of sustainable development of enterprises and the economy.	ru_RU
dc.language.iso	ru	ru_RU
dc.subject		ru_RU
dc.title	Tools for considering ESG factors in business valuation	ru_RU
dc.type	Articles in international journals and collections	ru_RU