ECONOMETRIC MODELING OF FACTORS AFFECTING SHARES OF JOINT STOCK COMPANIES
Abstract
In the article, the influence of factors affecting the value of shares of joint-stock companies and an econometric model are formed. Also, the factors influencing the share price of joint stock companies were analyzed based on the data from 2015 to 2023. In particular, forecasts of multiplier coefficients calculated for the factors affecting the value of shares of joint-stock companies in our country "Kyzilkumtsement", "Uzmetkombinat", "Ko'kon Mechanical Plant" and "Kvarts" JSCs are presented. On the other hand, existing problems were identified with the forecast of the factors affecting the value of the share of the joint-stock company, and scientific proposals and practical recommendations aimed at their elimination were developed.
Keywords:
joint stock company share value cash flow asset value private equity value profitability of the share operating profit forecastReferences
Boatsman, J., and Bakin, E. (1981). Asset valuation with incomplete markets. The Accounting Review, Vol. 56, No. 1, pp.38–53
Elmirzayev S. va boshqalar. (2019) Moliya bozori. Darslik. – T.: “Iqtisod-moliya”, – 324 b.
Hotchkiss, E. and Mooradian, R. (1998) Acquisitions as a Means of Restructuring Firms in Chapter 11. Journal of Financial Intermediation, vol. 7, issue 3, pp.240-262
Kaplan, S.,and Ruback, R. (1995). The valuation of cash flow forecasts: An empirical analysis. The Journal of Finance, Vol. 56, No. 4, pp.1059–1093.
Liu, J., Nissim, D., and Thomas, J. (2007). Is Cash Flow King in Valuations? Financial Analyst Journal, Vol 63, Issue 2, pp.56–65.
Penman, S. (1998). Combining Earnings and Book Value in Equity Valuation. Contemporary Accounting Research, Vol. 15, No. 3, pp.291-324
Rahman, M. L., and Shamsuddin, A. (2019). Investor sentiment and the price-earnings ratio in the G7 stock markets. Pacific-Basin Finance Journal, 55, 46-62
Toshmurodova B., Elmirzayev S., Tursunova N. (2017) Moliyaviy menejment. Darslik. –T.: “Iqtisod-moliya”, – 325 b.
Карлибаева Р. (2007) “Акциядорлик жамиятларида молиявий менежмент тизимини самарали ташкил этиш йўллари” Автореферат, –Т., 1-30 бет.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
