ANALYSIS OF LONG-TERM SHAREHOLDERS VALUE DRIVERS: EVIDENCE FROM UC RUSAL
Abstract
The article shows key business value drivers, their importance and applicability in investment decision-making process and in business efficiency analysis. It also shows the correlation between shareholders and stakeholders value. The article presents such approaches of business valuation as market capitalization approach, DCF and EVA approaches of fair value analysis, and fair multiples valuation model. The use of these models shows the main value drivers which enable detailed value creation analysis. The results of models created in this work are tested: we built a real model of business valuation and key value drivers analysis, with evidence from RUSAL Group.
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Review
For citations:
Trusova N. ANALYSIS OF LONG-TERM SHAREHOLDERS VALUE DRIVERS: EVIDENCE FROM UC RUSAL. Review of Business and Economics Studies. 2015;3(4):64-78. (In Russ.)
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