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  • Исследование структуры капитала субъектов малого и среднего бинеса ПФО и оценка его влияния на стоимость бизнеса

Article

Исследование структуры капитала субъектов малого и среднего бинеса ПФО и оценка его влияния на стоимость бизнеса

Рябова Е. В., Румянцева Т. В.

The paper presents a quantitative and qualitative analysis of small and medium enterprises of the Volga federal district of the Russian Federation (further SMB VFD RF) from 2008 to 2011. Certain tendencies of formation of structure of the capital are revealed by these business entities. Using a regression analysis the assessment of influence of change of a rate on a profit tax on structure of the capital of SMB VFD RF is carried out. In assessing the impact of structure of the capital on the cost of business it is revealed that SMBs effectively operate a ratio between own and loan sources of financing, both for tax optimization, and for timely fast closing of the organization without essential losses for owners.