Issue №: 1 (59)
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.
THEORETICAL AND PRACTICAL ASPECTS OF ENTERPRISE VALUE EVALUATION
ALESKEROVA Yuliia – Doctor of Economics Sciences, Professor of theDepartmentofFinance,BankingandInsurance,VinnytsiaNationalAgrarianUniversity
(21008, Vinnytsia, 3, Soniachna Str., e-mail: aleskerovaaleskerova@gmail.com).
TODOSIICHUK Volodymyr – Candidate of Pedagogical Sciences, Associate Professor of the Department of Administrative Management and Alternative Energy Sources,
Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., e-mail: tvltvl2@ukr.net).
The article investigates and systematizes the theoretical aspects and the methodological approaches to estimating the value of enterprises in modern conditions. It is established that the priority subject of business evaluation is its potential, value, usefulness, objectively embodied in its value. The characteristics of the views of the classics of economic theory on the essence and processes of value formation are presented. It is established that the complexity and contradiction of the philosophical and economic understanding of value as a category, as well as the theoretical directions of its study, explains the lack of the unified interpretation. Most often, value is seen as a monetary value, or social labor spent on the production of goods and materialized in this product.
It has been substantiated that the category of value should be considered and interpreted in a comprehensive manner – as a monetary equivalent that the buyer is ready to exchange for any item or object, as value in exchange and value in its use. It is investigated that the category of property finds priority application in appraisal activity where it is defined by means of the corresponding methodical approaches.
It is proved that if an enterprise has a value and can be considered as a commodity that is bought or sold, then the pricing mechanism itself is at the heart of the value creation process itself. It is investigated that the concept of value is considered not only by economic theory, but also acts as a set of actions performed by a professional appraiser in order to provide a reasonable conclusion about the value of the object of evaluation at a certain date in monetary units.
The result of the study is the systematization of options for assessing the value of business, as well as developing a mechanism for applying a system of theoretical and methodological approaches to determining the value of the enterprise, an example of calculating the value of the enterprise on the example of FE «Yavir».
It is established that business evaluation becomes a support for the formation of enterprise development strategy, optimization of asset management policy, ensuring the sustainability of current activities, increasing investment attractiveness and competitiveness. The results of the evaluation lead to sound management decisions. No serious transaction, whether buying and selling property, insuring assets, resolving disputes or taking out a loan, can do without a professional view the owner.
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About the journal
С1 Economics and International Economic Relations (by specialization)
D1 Accounting and Taxation
D2 Finance, Banking, Insurance and Stock Market
D3 Management
D4 Public Management and Administration
D5 Marketing
D7 Trade
J3 Tourism and Recreation
Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).
