ВЕСТНИК Санкт-Петербургского университета. Серия менеджмент.
Go to: 
RUSSIAN
Published since 2002
Frequency: 4 issues per year
About Journal Current Issue Archive Information for Authors E-MAIL / Search

Issue 1, 2005

Bukhvalov A. V., Volkov D. L. Study on Interrelation between Fundamental Value and Market Capitalization of Russian Companies

The article analyzes connection between market capitalization and equity fundamental value of a company calculated basing on accounting data according to residual earnings model. The analysis is based upon the methodology and results of developed markets investigation. It is concluded, that book values of equity and residual earnings as components of residual earnings model can explain market stock prices also on Russian market. The conclusion gives interpretation to the results in qualitative and quantitative aspects and defines directions of future investigations.

<< Contents: Issue 1, 2005
<< Go to archive

All Issues:
 
Обложка последнего номера журнала
Released: Issue 4, 2023
Search in
  
Our address:
3, Volkhovskiy per.
St. Petersburg,
199004, Russia

phone: +7(812) 323-84-52
fax: +7(812) 323-84-51

vestnik@gsom.pu.ru
© 2005 2006 Graduate School of Management, SPbSU