Evaluation of Companies: Consistent Approaches

  • Alexander Fedorovich GRIBOV Department of Mathematical Methods in Economics Plekhanov Russian University of Economics, Moscow, Russian Federation
  • Denis Alekseevich MAXIMOV Department of Mathematical Methods in Economics Plekhanov Russian University of Economics, Russian Federation
  • Elena Yuryevna DOROKHINA Department of Mathematical Methods in Economics Academy of Military Sciences and the Russian Environmental Academy Plekhanov Russian University of Economics, Russian Federation

Abstract

The article discusses the problems of valuing companies. It is shown that on the basis of a generalized model in comparison with the Modigliani-Miller models a number of contradictions can be explained, arising in solving problems of evaluating the effectiveness of investment decisions. It is also shown that the formulas known in corporate finance sometimes lead to false judgments in cases of calculating the value of companies with a debt burden.

References

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Published
2019-06-30
How to Cite
GRIBOV, Alexander Fedorovich; MAXIMOV, Denis Alekseevich; DOROKHINA, Elena Yuryevna. Evaluation of Companies: Consistent Approaches. Journal of Advanced Research in Law and Economics, [S.l.], v. 10, n. 4, p. 1205-1212, june 2019. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/4887>. Date accessed: 25 feb. 2024. doi: https://doi.org/10.14505//jarle.v10.4(42).20.