The challenges of public companies' assessment and diagnostics on the emerging market

Research output

1 Citation (Scopus)

Abstract

Emerging markets are a special group of countries that do not have a sufficiently long and continuous financial history. Therefore, they require special approaches when justifying methods and instruments for investment analysis. In this context, the paper addresses the issue of public companies' assessment and diagnostics revealing advantages and limitations of public status, challenges of market value assessment and controversial issues of corporate financial health evaluating. Obtaining and maintaining the public status provide various benefits for a company increasing its opportunities to attract financing and diversify risks. Negative consequences of public status contain corresponding costs, lack of confidentiality, and raised external risks. For emerging markets, the last two become quite significant. We also argue that emerging markets challenge business assessment due to the actual lack of an open, competitive and transparent market. In this regard, it should be more reasonable to apply the standard of investment value even when it comes to public companies. As for financial diagnostics, we suggest that it should efficiently combine relevant micro and macro approaches. Such synthesis allows revealing major controversial issues related to public companies on the emerging markets. Therefore, we propose to develop the financial diagnostics methodology in the frame of financial crises and financial stability conceptions.

Original languageEnglish
Title of host publicationProceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020
Subtitle of host publicationSustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth
EditorsKhalid S. Soliman
PublisherIBIMA
Pages7499-7510
Number of pages12
ISBN (Electronic)9780999855119
Publication statusPublished - 2019
Event32nd International Business Information Management Association Conference, IBIMA 2018 - Seville
Duration: 15 Nov 201816 Nov 2018

Publication series

NameProceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth

Conference

Conference32nd International Business Information Management Association Conference, IBIMA 2018
CountrySpain
CitySeville
Period15/11/1816/11/18

Fingerprint

Industry
Macros
Emerging markets
Diagnostics
Health
Costs
Financing
Financial history
Conception
Investment analysis
Methodology
Financial crisis
Financial health
Confidentiality
Market value
Financial stability

Scopus subject areas

  • Management of Technology and Innovation
  • Strategy and Management
  • Computer Science Applications
  • Human-Computer Interaction
  • Business and International Management

Cite this

Lvova, N. A., Abramishvili, N. R., Darushin, I. A., & Voronova, N. S. (2019). The challenges of public companies' assessment and diagnostics on the emerging market. In K. S. Soliman (Ed.), Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth (pp. 7499-7510). (Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth). IBIMA.
Lvova, Nadezhda A. ; Abramishvili, Neli R. ; Darushin, Ivan A. ; Voronova, Natalya S. / The challenges of public companies' assessment and diagnostics on the emerging market. Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth. editor / Khalid S. Soliman. IBIMA, 2019. pp. 7499-7510 (Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth).
@inproceedings{0975a7fa6a8e476dbf9eb215badda291,
title = "The challenges of public companies' assessment and diagnostics on the emerging market",
abstract = "Emerging markets are a special group of countries that do not have a sufficiently long and continuous financial history. Therefore, they require special approaches when justifying methods and instruments for investment analysis. In this context, the paper addresses the issue of public companies' assessment and diagnostics revealing advantages and limitations of public status, challenges of market value assessment and controversial issues of corporate financial health evaluating. Obtaining and maintaining the public status provide various benefits for a company increasing its opportunities to attract financing and diversify risks. Negative consequences of public status contain corresponding costs, lack of confidentiality, and raised external risks. For emerging markets, the last two become quite significant. We also argue that emerging markets challenge business assessment due to the actual lack of an open, competitive and transparent market. In this regard, it should be more reasonable to apply the standard of investment value even when it comes to public companies. As for financial diagnostics, we suggest that it should efficiently combine relevant micro and macro approaches. Such synthesis allows revealing major controversial issues related to public companies on the emerging markets. Therefore, we propose to develop the financial diagnostics methodology in the frame of financial crises and financial stability conceptions.",
keywords = "Emerging financial market, Emerging market, Financial assessment, Financial diagnostics, Financial market, Public companies",
author = "Lvova, {Nadezhda A.} and Abramishvili, {Neli R.} and Darushin, {Ivan A.} and Voronova, {Natalya S.}",
year = "2019",
language = "English",
series = "Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth",
publisher = "IBIMA",
pages = "7499--7510",
editor = "Soliman, {Khalid S.}",
booktitle = "Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020",
address = "United States",

}

Lvova, NA, Abramishvili, NR, Darushin, IA & Voronova, NS 2019, The challenges of public companies' assessment and diagnostics on the emerging market. in KS Soliman (ed.), Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth. Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth, IBIMA, pp. 7499-7510, Seville, 15/11/18.

The challenges of public companies' assessment and diagnostics on the emerging market. / Lvova, Nadezhda A.; Abramishvili, Neli R.; Darushin, Ivan A.; Voronova, Natalya S.

Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth. ed. / Khalid S. Soliman. IBIMA, 2019. p. 7499-7510 (Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth).

Research output

TY - GEN

T1 - The challenges of public companies' assessment and diagnostics on the emerging market

AU - Lvova, Nadezhda A.

AU - Abramishvili, Neli R.

AU - Darushin, Ivan A.

AU - Voronova, Natalya S.

PY - 2019

Y1 - 2019

N2 - Emerging markets are a special group of countries that do not have a sufficiently long and continuous financial history. Therefore, they require special approaches when justifying methods and instruments for investment analysis. In this context, the paper addresses the issue of public companies' assessment and diagnostics revealing advantages and limitations of public status, challenges of market value assessment and controversial issues of corporate financial health evaluating. Obtaining and maintaining the public status provide various benefits for a company increasing its opportunities to attract financing and diversify risks. Negative consequences of public status contain corresponding costs, lack of confidentiality, and raised external risks. For emerging markets, the last two become quite significant. We also argue that emerging markets challenge business assessment due to the actual lack of an open, competitive and transparent market. In this regard, it should be more reasonable to apply the standard of investment value even when it comes to public companies. As for financial diagnostics, we suggest that it should efficiently combine relevant micro and macro approaches. Such synthesis allows revealing major controversial issues related to public companies on the emerging markets. Therefore, we propose to develop the financial diagnostics methodology in the frame of financial crises and financial stability conceptions.

AB - Emerging markets are a special group of countries that do not have a sufficiently long and continuous financial history. Therefore, they require special approaches when justifying methods and instruments for investment analysis. In this context, the paper addresses the issue of public companies' assessment and diagnostics revealing advantages and limitations of public status, challenges of market value assessment and controversial issues of corporate financial health evaluating. Obtaining and maintaining the public status provide various benefits for a company increasing its opportunities to attract financing and diversify risks. Negative consequences of public status contain corresponding costs, lack of confidentiality, and raised external risks. For emerging markets, the last two become quite significant. We also argue that emerging markets challenge business assessment due to the actual lack of an open, competitive and transparent market. In this regard, it should be more reasonable to apply the standard of investment value even when it comes to public companies. As for financial diagnostics, we suggest that it should efficiently combine relevant micro and macro approaches. Such synthesis allows revealing major controversial issues related to public companies on the emerging markets. Therefore, we propose to develop the financial diagnostics methodology in the frame of financial crises and financial stability conceptions.

KW - Emerging financial market

KW - Emerging market

KW - Financial assessment

KW - Financial diagnostics

KW - Financial market

KW - Public companies

UR - http://www.scopus.com/inward/record.url?scp=85063063973&partnerID=8YFLogxK

M3 - Conference contribution

AN - SCOPUS:85063063973

T3 - Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth

SP - 7499

EP - 7510

BT - Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020

A2 - Soliman, Khalid S.

PB - IBIMA

ER -

Lvova NA, Abramishvili NR, Darushin IA, Voronova NS. The challenges of public companies' assessment and diagnostics on the emerging market. In Soliman KS, editor, Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth. IBIMA. 2019. p. 7499-7510. (Proceedings of the 32nd International Business Information Management Association Conference, IBIMA 2018 - Vision 2020: Sustainable Economic Development and Application of Innovation Management from Regional expansion to Global Growth).