Исследование факторов, влияющих на инвестиционную активность компаний

Черкасова Виктория Артуровна; Теплова Ольга Юрьевна

Article

Исследование факторов, влияющих на инвестиционную активность компаний

Корпоративные финансы. 2011. № 3. С. 5-18.

Черкасова В. А., Теплова О. Ю.

In the article are considered various approaches to the problem of the choice of investments' level of the company: a number of the factors which influence the investment activity of the company is revealed; influence of return on investments (ROI) on the investment policy is analysed. The review of economic researches on determinants of investment policy of the companies is studied, various approaches to calculation of ROI are considered. The basic steps and results of the empirical research based on the russian companies' data are presented.

Priority areas: economics

Language: Russian

Keywords: investment activity investment policy capital expenditures return on investment

Russian market of collective investments analysis

Volodin S., Kuznetcova M. In bk.: Risk management: perspectives and open issues. L.: McGraw-Hill Education, 2016. Ch. 1. P. 323-343.

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Designing of integrated system-dynamics models for an oil company

Akopov A. S. International Journal of Computer Applications in Technology. 2012. Vol. 45. No. 4. P. 220-230.

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A “de Soto Effect” in Industry? Evidence from the Russian Federation

Карась А., Pyle W., Schoors K. Институциональные проблемы российской экономики. WP1. НИУ ВШЭ, 2012. No. 03.

The empirical literature assessing the connection between land rights, access to ﬁnance and investment activity has focused largely on actors that, for multiple reasons, might face difﬁculties accessing credit. Communities of small-scale farmers or poor urban households in developing countries, that is, may not be the best place to look for evidence as to whether more secure land rights are sufﬁcient to facilitate borrowing by providing borrowers with a collateralizable asset. We explore this relationship in a setting in which ﬁ nancial market frictions are apt to be less severe – i.e., among large, urban, industrial enterprises. Exploiting policy-induced variation across Russian regions, we use recently-collected survey data to show that private rights to land do indeed facilitate access to external ﬁnancing and promote investment. This ﬁnding is supplemented by additional survey evidence that points to private land serving as an important source of collateral.

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Added: Oct 12, 2012

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Added: Nov 30, 2012

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Gavrilenkov E., Stroutchenevski A., Konygin S. M.: Sberbank CIB, 2014.

Economic growth. The Hungarian economy continued to perform well in 2Q14, GDP growing 3.9% y-o-y, a bit better than in 1Q14 (3.7%) according to the second reading. However, due to base effects (the economy contracted y-o-y in 1Q13 and 2Q13 was the weakest quarter of 2013 at 0.5%), seasonally and calendar-adjusted Q-o-Q GDP growth decelerated from 1.1% in 1Q14 to 0.8% in 2Q14. Romania's GDP expanded 2.4% y-o-y in 1H14 (3.9% y-o-y in 1Q14 and 1.2% in 2Q14), which looks solid compared with the rest of the EU but not as strong as in neighboring Hungary. Next year, growth is set to moderate in both countries. Investment activity. Hungary's accelerating GDP growth was driven by increased government consumption and investment in production capacity (as well as growing exports), while in Romania, investment and construction contracted. Exchange rates. The Hungarian forint has depreciated moderately this year, a bit more against the dollar and less against the euro. The weaker currency has helped keep Hungarian exports competitive on European markets (around 75% of foreign trade turnover is with EU countries). The Romanian leu has strengthened against the euro, which could explain why the country's economic performance was a bit worse in 2Q14 than earlier in the year.

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Экономика и управление: проблемы и перспективы развития. Сборник научных статей по итогам международной научно-практической конференции г.Волгоград 15-16 ноября 2010 г.

Ч. 1. Волгоград: Волгоградское научное издательство, 2010.

Added: Jan 18, 2013

Экономическая активность населения России в 1990-е гг.

Гимпельсон В. Е. Проблемы рынка труда. WP3. Высшая школа экономики, 2002. № 01.

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Обновляемый образовательный ресурс "Экономическая школа НИУ ВШЭ"

2012.

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Трунин П. В., Дробышевский С. М., Евдокимова Т. В. М.: Издательский дом «Дело» РАНХиГС, 2012.

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Правовые институты в России 2000-2007 годах: взгляд со стороны бизнеса

Яковлев А. А. Общественные науки и современность. 2008. № 4. С. 21-37.

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Карпов А. В., Вольский В. И. Полития: Анализ. Хроника. Прогноз. 2011. № 2. С. 162-174.

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