Management in the conditions of financial crisis demands an exact estimation of target criteria of productivity of the company. Early diagnostics of weak signals of arising problems gives time for adaptation and protective reaction. It is important to find exact indicators of management the...

In this paper we present the results of the research of key factors that determine the investment behavior of Russian companies during 2004-2008. The emphasis is made on the policy of capital expenditures. In the analysis there were included macroeconomic, some industry factors (growth rate,...

In the paper authors provide a detailed analysis of Russia's national budget. They focus on assumptions for 2010 budget policy during recovery stage. Main parameters of the federal budget for 2011-2013 are analyzed. They also provide fiscal policy developments

This paper deals with Russia's budget system, it provides analysis of main parameters of execution of the enlarged government budget. The authors also speak about the medium- and long term prospects of Russia's fiscal policy

ERP (equity risk premium) is one of the inputs in investment valuation models and it is very important to correctly determine a country risk premium for ERP in emerging markets. In this paper I am testing empirically if relative equity market standard deviations approach by A. Damodaran can be...

Project-based transactions are a market mechanism for attracting foreign investments in order to abate greenhouse gas emissions and increase the energy efficiency of the country's enterprises. The article classifies and analyzes the advantages and drawbacks of project-based transactions from a...

An investment vehicle for production modernization has been introduced taking into account specifics of company activities in Russia. This vehicle comes with a procedure for analyzing practicability of plant replacement, which may be applied to expediency consideration with regard to replacement...

In June 2013, Social Science Research Network (SSRN) e-Library posted a paper written by three reputable Italian professors who had conducted a survey among financial analysts from 78 countries of the world concerning the Market Risk Premium and Risk-Free Rate in different countries (The article...

This paper investigates how corporate governance of unlisted firms in an emerging market economy affects financing constraints, measured by the sensitivity of investment to cash flow. We develop two original corporate governance indices based on a large-scale survey of Russian enterprises –...

For the management focused on growth of value of the company is important not only ability to apply the standard methods to an assessment of the companies, but also that is more important, to possess tools of diagnostics of fair value of the company. It will allow to carry out the analysis of...