management

To the Question of Assessing the Market Value of Companies in Modern Conditions

Introduction. During the existence and development of the stock market has undergone a number of changes, with the result that at present the dynamics of the real market value of the company in some cases different from the dynamics of the value of its shares. So the actual problem is the study of the reasons for the discrepancy between the expected value of the enterprise and the dynamics of its shares, hampering the inflow of investments into joint-stock companies via the exchange tools if used decision-making methods used in real investment. Theoretical analysis. Fundamental analysis of stocks involves the study of financial indicators of joint-stock companies, as well as evaluating observed worldwide macroeconomic events (market factors) that are not related to specific firms directly on the successful forecast the future value of the company’s shares most likely is not a professional economist, is able to assess the prospects of the company and the stock exchange speculator, who managed to successfully interpret news flow that is not associated with the work of these organizations directly. To neutralize the possible negative consequences of this assessment it is advisable to use the indicator economic value added (EVA) is one of the most closely associated with the creation of shareholder value. Results. Studies have confirmed that the market capitalization and stock exchange quotations in many cases affect not the fundamentals of individual firms and the market in General, reflected in the stock index. Each of the companies showed a marked positive correlation with stock market capitalization of the index, and only in rare cases, noted the relationship of the capitalization of the company with its unique performance (EVA).

Local Authorities’ Performance Assessment

Introduction. Socio-economic development of the regions depends mainly on the activities of the local self-government bodies and they have taken on managerial decisions. Methodology and results of study. As a result of scientific work has established a system of indicators, the use of which is essential in assessing the management effectiveness of the socio-economic development of municipalities. It includes: the unemployment rate, their own local budget revenues per capita, share of improper revenue in total local budget, the index of industrial production, the cost of products shipped. The estimation of efficiency of activity of local governments in the context of urban districts of the Republic of Bashkortostan. Theoretical analysis. The necessity of the application of the proposed system of indicators that allows you to objectively analyze the effectiveness of management of development areas. Discussion of results. Disadvantages of existing methods for evaluating the effectiveness of the local government, the rating is built urban districts. The results of the present work allow us to determine the municipalities with high and low efficiency of management subjects.

Creation of the Estimated Control System Innovative and Investment Projects on the Basis of Imitating Modelling

Transformational changes taking place in the global
economy, demand better management of investment processes in
the enterprise, advance planning of possible changes in the internal
and external environment and timely adaptation to changing conditions
in accordance with the objectives of the enterprise. Relevance
of the problem considered in article is explained by it. Instruments
of research. Appraisal of the project progresses, usually carried
out under conditions of uncertainty, known or implicit dependencies
integrated indicators on the parameters influencing factors. Indicators
of integral evaluation of the project can be calculated from the use of
IP-deterministic approach, using of functional dependencies. Results.
Using a simulation model allows the assessment of the promotion of the
project and to efficiently manage this process. Testing of the simulation
model evaluation system implementation of innovation and investment
projects carried out on the basis of the draft 101-apartment house in
the town of Saratov. The advantage of this model is the ability to control
its use and regulators of promotion of the project. Use of imitating
model allows to make an assessment of the course of promotion of
the project and quickly to operate this process. Ensuring compromise
simplify the presentation of complex processes and adequate display of
economic phenomena is possible by the development of a simulation
model that uses heuristic techniques allow to design an evaluation
mechanism to analyze and optimize the management of innovation
and investment projects in housing construction.

The Content of the Mechanism of Implementation and Development of Corporate Governance in the Socio-economic System

Introduction. In modern conditions the increase in the number of domestic companies, introducing elements of corporate governance in practice its activities, aims consideration of the mechanism of its formation and development. Theoretical analysis. The article presents a detailed characterization of the mechanism of development and implementation of corporate governance in the socio economic system of industrial organization. Marked features and target bases its components: mechanism for management of corporate insurance management mechanism the distribution of the corporate order, control mechanism of corporate taxation, corporate governance mechanism pricing mechanism management information security management mechanism of corporate resource sharing mechanism management of corporate culture, mechanism of corporate Finance. Results. Emphasizes the role of the mechanism of implementation and development of corporate governance in maintaining the balance of interests of different stakeholders.