Gnennyj O. Methodological and applied fundamentals of valuation of property and property rights of enterprises (by the example of railway transport)

Object - evaluation processes of property and property rights of enterprises in the stages of primary and secondary exchange and consumption. Goal - theoretical and methodological basis and develop practical recommendations for the development of methodological and applied foundations of valuation of property and property rights of enterprises (by the example of railway transport). Methods - systematic approach and a set of general and special methods of research. Novelty - first grounded theoretical and methodological approach to the determination of the discount rate an appropriate level of investment risk; developed an approach to the determination of the physical wear and tear, which is based on stochastic modeling MTBF, a model of life factor that takes into account the uncertainty of the economic life of the facility assessment, developed an approach to the definition of indicator that takes into account the possibility of future reinvestment of income; developed an approach to determining the value of a particularly attractive special railway facilities. Results - improved comparative and profitable approaches to the valuation of the property market extraction method, methodical approach to determining the capitalization rate based on the discount rate, the short-term adaptive forecasting price movements, scientific and methodological approaches to the definition of obsolescence of rolling stock, the approach to determining the marginal rate of royalty licensing agreements, have been further developed theoretical approach to the assessment of the property rights of property use, scientific and methodological approaches to establish deterioration of lost freight cars of other states, to determine the extent of damage to the wagons, to determine the amount of economic responsibility for the violation of rules of the return of freight cars of other states. Introduced - at the railway transport enterprises. Branch - railway transport.