WIT Press


FINANCIAL STABILITY AND ITS IMPACT ON THE MARKET VALUE OF AN ENERGY COMPANY

Price

Free (open access)

Volume

246

Pages

6

Page Range

137 - 142

Published

2020

Paper DOI

10.2495/EPM200131

Copyright

WIT Press

Author(s)

ALPHIA AKHROROVA, NIGINA KAMILOVA

Abstract

In the context of the upcoming restructuring of an energy company in Tajikistan, the problem of assessing its market value, identifying the factors and conditions that determine it becomes particularly relevant. The article is devoted to the study of the impact of financial soundness indicators. In the conditions of low effective demand and significant volumes of external borrowing accumulated in the power industry, the authors of this article performed a quantitative assessment of the degree of influence of the system of indicators of financial stability on the market value of an energy company in Tajikistan. Methods of economic and mathematical modelling were used as a research tool. The results of the study indicate a pronounced dependence of the market value of the energy company on the indicators of its financial stability. The authors justify the need to manage the market value of a domestic energy company.

Keywords

stock market, business assessment, financial stability, econometric analysis, energy company