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KAPITALLARNING TANNARXI. O'ZBEKISTON KOMPANIYASI ISHLATIDA

Tashkilot
Toshkent Davlat Iqtisodiyot Universiteti Moliya va moliyaviy texnologiyalar kafedrasi fan nomzodi, professor

Annotatsiya

Ushbu maqolada aksiyadorlik jamiyatining kapital qiymatini baholashda diskontlangan pul oqimlari (DCF) usulidan foydalanishning ilmiy va nazariy jihatlari yoritilgan. Tadqiqotda mazkur usul “QO‘QON MEXANIKA ZAVODI” AJ misolida qo‘llanilib, kompaniya kapita lining qiymati hisoblangan. Shuningdek, DCF usulini amaliyotda qo‘llashda yuzaga keladigan muammolar va ularni bartaraf etish yo‘llari tahlil qilingan.

Kalit so'zlar

kapital qiymati, diskontlangan pul oqimi, terminal qiymat, xavfsiz stavka, beta koeffitsient, qarz, o‘rtacha tortilgan kapital qiymati


Adabiyotlar ro'yxati

  1. "Decree of the President of the Republic of Uzbekistan No. PQ -4381 dated July 1, 2019 – On Further Improvement of Valuation Activities and Simplification of the Mechanisms for Selling Low -Profit and Non -Operating State -Owned Enterprises"
  2. "Decree of the President of the Republic of Uzbekistan No. PF -5953 dated March 2, 2020 – On the State Program for the Implementation of the Year of Science, Enlightenment, and Digital Economy Development"
  3. Graham and Dodd (1934) . Security Analysis . First Edition . –pp.725.
  4. Williams, J. (1938 ). The theory of investment value . -Cambridge, MA, Harvard University Press. –pp.613
  5. Miller, M.H. and F. Modigliani (1961 ). Dividend policy, growth, and the valuation of shares . Journal of Business. -No. 4. – pp. 411-433.
  6. Myron J. Gordon (1962). The investment financing and valuation of the corporation. R.D. Irwin edition. -pp-270.
  7. Stephen H. Penman (1992). Return to fundamentals. Journal of Accounting research, 45 (2). – pp.427-467.
  8. Grullon, G., and R. Michaely (2002). Dividends, share repurchases, and the substitution hypothesis. Journal of Finance, 57. – pp.1649 -1684.
  9. Stowe, John, D., Thomas R. Robinson, Jerald E. Pinto and Dennis W. McLeavey (2002). Analysis of equity investments: Valuation. -AIMR.
  10. Barker, R. (1999). The role of dividends in valuation models used by analysts and fund managers. The European Accounting Review, 8 (2). –pp. 195 -218.
  11. Demirakos, Efthimios G., Norman Strong, and Martin Walker (2002). The valuation methodologies of financial analysts. Working paper, University of Manchester.

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