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The impact of geopolitical factors on company value

Proceeding
DOI: 10.31483/r-109487
Open Access
International Research-to-practice conference «Relevant issues of management, economics and economic security»
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Published in:
International Research-to-practice conference «Relevant issues of management, economics and economic security»
Authors:
Leonid R. Nikulin 1 , Natalia S. Semina 1 , Daria I. Nazarova 1
Scientific adviser:
Iuliia S. Tsertseil1
Work direction:
Анализ и прогнозирование основных тенденций современной экономики на макро-, мезо- и микроуровне
Pages:
166-178
Received: 16 December 2023

Rating:
Article accesses:
928
Published in:
РИНЦ
1 FSBEI of HE "Plekhanov Russian University of Economics"
For citation:
Nikulin L. R., Semina N. S., & Nazarova D. I. (2023). The impact of geopolitical factors on company value. Relevant issues of management, economics and economic security, 166-178. Чебоксары: PH "Sreda". https://doi.org/10.31483/r-109487

Abstract

In order to understand the influence of geopolitical factors on the value of the company the value of PJSC Sberbank will be estimated using dividend discount model and earning multiplier and after that compared with values of JPMorgan Chase and HSBC banks which will be calculated using same methods in order to estimate the discount that Russian bank will have in comparison with American and British banks that are supposed to have zero discount since those countries are considered as the most stable and economically developed in the world thus it makes sense to calculate discount rate based on their prices. Also, a regression model which will analyze factors that can affect the price of stocks of those banks will be considered, and if the results for Russian and Western banks are too different, it becomes possible to estimate the error (discount) which is applied when pricing Russian assets.

References

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