Overview of Additional Issue of Shares and Debt In The Process Of Value Appraisal of Shares and Planning of Additional Issue Parameters
Journal Title: Archives of Business Research - Year 2017, Vol 5, Issue 2
Abstract
The article contains a theoretical analysis of the impact of additional issue of shares on the value of the invested and stock capital. The present analysis encompasses aspects of redistribution of capital between the old and new shareholders, as well as valuation procedures in different situations, both in terms of the volume of additional issue of shares and of payment methods. The income approach is used in the value appraisal. The principal place under the income approach is given to the shareholder value added model (model SVA). This article may be useful in solving a number of practical problems related to the issues of restructuring of the company's capital. Investment analysts will find in this article a tool of benefit-sharing analysis of the capital structure changes between “old” and “new” company's shareholders and will be able to make a calculation of the parameters of the additional issue of shares. GEL classification numbers: D 460, G 120, G 320.
Authors and Affiliations
Yuriy V. Kozyr
Keywords
Related Articles
- EP ID EP312219
- DOI 10.14738/abr.52.2780.
- Views 55
- Downloads 0
The Impact of Intangible Assets on Firms Earnings Profitability: Evidence from the Athens Stock Exchange (ASE)
The present paper examines the effects of intangible assets in the return on equity and return on assets during the period from the begging of adopting International Accounting Standards (IAS) on financial statements and...
Workforce Big Data Analytics and Production Efficiency: A Manager’s Guide
The study investigates the use of workforce big data analytics as a tool to guide production managers to boost production efficiency while also ascertaining the level of awareness in the use workforce analytics amongst p...
Do Customers All Respond The Same? Generational Differences on Customer Orientation and Satisfaction.
Organisations have improved customer satisfaction by being customer oriented in all levels. At the firm level, organisations seek to develop customer oriented organization by generating market intelligence regarding the...
Assurance of Learning and Assessment at the Business Degree Program and Major Levels
This study presents one business school’s experiences in simultaneously undergoing the accreditation processes of both the Association to Advance Collegiate Schools of Business International (AACSB) and the Middle States...
Review of Financial Vulnerability Studies
Financial vulnerability has become an emerging concern to many parties and a number of factors in households’ financial vulnerability are believed to influence households’ financial well-being. Financial vulnerability is...