ENTERPRISE PROPERTY COMPLEX PROFIT POTENCIAL HARMONIZATION FROM THE POSITION OF VALUE ANALYSIS THEORY

10.12737/1468 ◽  
2013 ◽  
Vol 1 (1) ◽  
pp. 18-21
Author(s):  
Анатолий Ковалев ◽  
Anatoliy Kovalyev
Keyword(s):  
Appraisal Theory ◽  
Value Analysis ◽  
Analysis Theory ◽  
Net Profit ◽  
Property Complex

The article suggests to use the profit potencial conception, well known from the value appraisal theory, at base value appraisal by profitable approach. Discount net profit method allows to determine enterprise property complex value as a whole. Farther from the find property complex value singles out base value by the method of residues. It is shown that the value result is adequate only when there is a harmonicity or correspondence by profit potencial between the base and building in which the base is exploited.

scholarly journals A Model To Estimate Firms Accounting-Based Performance: A Data Envelopment Approach

2014 ◽  
Vol 13 (6) ◽  
pp. 1301 ◽  
Author(s):  
Merwe Oberholzer
Keyword(s):  
Weighted Average ◽  
Data Envelopment ◽  
Accounting Data ◽  
Dea Model ◽  
Analytical Reasoning ◽  
Input And Output ◽  
Analysis Theory ◽  
Net Profit ◽  
Optimal Capital ◽  
Input Variables

The objective of the study was to follow a logical inductive approach to develop a Data Envelopment Analysis (DEA) model to estimate the relative technical efficiency of firms. The Du Pont analysis theory as conceptual framework was applied using primarily readily available accounting line-items as input and output variables. From an interpretive epistemological paradigm and analytical reasoning, a new DEA model was developed with Weighted Average Cost of Capital (WACC), leverage and expenditure as input variables and revenue, net profit and Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) as output variables. The originality of this study is that this is the first effort to employ accounting data, based on the Du Pont analysis in a DEA model. All the input and output variables in the model were already used individually or in combinations by previous studies, except for WACC. The study argues that WACC should be employed as a proxy for the accounting line-items, equity and liabilities, since lowering WACC implies that firms are moving closer to their optimal capital structures.

scholarly journals An affect value analysis of comments given by judges in American Idol in the light of Appraisal Theory

2019 ◽  
Vol 15 (5) ◽  
pp. 190
Author(s):  
Nguyen Thanh Tri
Keyword(s):  
Appraisal Theory ◽  
Value Analysis ◽  
American Idol

The paper focused on investigating the language of Affect in comments given by judges in American Idol in the view of Appraisal Theory by Martin and White (2005). The paper is theoretically based on Appraisal, specifically Affect and its subtypes namely Un/Happiness, Dis/ Inclination, In/ Security, Dis/ Satisfaction. In addition, it is about the data and methods applied. The findings reveal that all sub-types of Affect used in the language of judges in American Idol and they had the differences in the values realized Affect.

FEATURES MANAGING OF THE ENTERPRISES MARKET VALUE ON THE BASIS OF BUILDING A HIERARCHY OF THEIR PROPERTIES

2018 ◽  
Author(s):  
Lilia Lesyk ◽  
◽  
Anastasiya Symak ◽  
Olexandr Yemelyanov ◽  
Anna Breno ◽  
...  
Keyword(s):  
External Environment ◽  
Market Value ◽  
Object Properties ◽  
Net Profit ◽  
Business Entities ◽  
Qualitative Characteristics ◽  
Property Complex

Enterprises management requires prior establishment of the main purpose of their activities. One of the most generalized goals of enterprises is to maximize their market value. This criterion in some way combines a number of less generalized criteria, particularly the criterion of maximizing net profit. At the same time, the integral nature of such an estimated indicator as the market value causes a significant difficulty that arises in its calculation. This is related to the fact that the market value of business entities is influenced by a number of different factors that form a certain hierarchy. The allocation of this hierarchy allows not only to establish a reasonable dimension of the market value, but also to develop effective mechanisms for managing this value. Particularly, such management should provide some influence on the factors that directly or indirectly determine the enterprises value. Among other things, the quantitative or qualitative characteristics of these factors can be identified with certain object properties that are influence sources on the market value of companies. Such objects can be an enterprise as a whole property complex, its separate divisions, elements of resource provision, components of the external environment, etc. The research aim is to establish the managing features the market value of enterprises on the basis of building a hierarchy of their properties. The main types of the enterprise properties and its components were determined. The grouping of such properties was performed and their hierarchy was built as well. The mechanism of projection of one property on another was considered. The fact that the formation of the enterprises market value is a process that is reflected in the influence of their lower level properties on the higher level properties has been showed. The hierarchy of the studied properties is quite complex, which is reflected not only in the vertical but also in the horizontal relationships between them. The obtained results can be used by enterprises managers and specialists by the development of measures to ensure the growth of their market value, as well as enterprises appraisers in establishing the dimensions of their value on the basis of a profitable approach to their definition.

The Use of Word Associations for Value Analysis

1968 ◽  
Author(s):  
Lorand B. Szalay ◽  
Jack E. Brent ◽  
Dale A. Lysne
Keyword(s):  
Word Associations ◽  
Value Analysis

Data Envelopment Analysis Theory, Methodology and Applications

1997 ◽  
Vol 48 (3) ◽  
pp. 332-333 ◽  
Author(s):  
A Charnes ◽  
W Cooper ◽  
A Y Lewin ◽  
L M Seiford
Keyword(s):  
Data Envelopment Analysis ◽  
Data Envelopment ◽  
Analysis Theory

Pengujian pada Aplikasi Penggajian Pegawai dengan menggunakan Metode Blackbox

2020 ◽  
Vol 5 (1) ◽  
pp. 61
Author(s):  
Vadlan Febrian ◽  
Muhamad Rizki Ramadhan ◽  
Muhammad Faisal ◽  
Aries Saifudin
Keyword(s):  
Data Entry ◽  
Black Box ◽  
Application Form ◽  
Value Analysis ◽  
Test Function ◽  
Testing Method ◽  
Black Box Testing ◽  
Sample Testing ◽  
Testing Techniques ◽  
Program Error

In this employee payroll application, if there is an error program there will be a loss for employees and the company. Losses for employees, if this application program error occurs then the salary reduction will experience delays due to the difficulty in the process of calculating employee salaries and employees will be late in receiving salaries. Losses for the company, if there is an error program in this application, the company will suffer losses if the employee wants a salary reduction quickly but the company cannot calculate quickly and accurately. In solving this problem, the authors use the black box testing method. Black box testing method is a test that sees the results of execution through test data and ensures the function of the software. Black box testing method has several testing techniques, namely Sample Testing, Boundary Value Analysis, Equivalence Partitions and others. From the testing techniques that have been mentioned, we use the Equivalence Partitions testing technique. Equivalence Partitions are tests that refer to data entry on the employee payroll application form, input will be tested and then put together based on the test function, both valid and invalid values. The expected results of this test are a payroll system for employees who are computerized, have standard rules in the process of developing the program so that it is easy to develop and maintain, and can minimize errors in processing salary calculations for employees.

The Effect of Current Ratio and Debt to Asset Ratio on Net Profit Margin and Stock Prices: A Study of Basic Industry and Chemicals Companies

2020 ◽  
pp. 282-294
Author(s):  
Sudirman S ◽  
Muhammad Wahyuddin Abdullah ◽  
Muhammad Obie
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Secondary Data ◽  
Profit Margin ◽  
Current Ratio ◽  
Industry Sector ◽  
Basic Industry ◽  
Net Profit ◽  
Equity Ratio ◽  
Index Value

This study examined the effect of current ratio and debt to asset ratio on net profit margin and stock prices of the sector basic industry and chemicals companies listed on the Indonesia Stock Exchange in the period 2015-2019. The object of research was the stock prices of companies in the Basic Industry and Chemicals sector, which have been published through the official website of the Indonesian capital market. It was used secondary data derived from the monthly statistics, including Current Ratio data, Net Profit Margin, Debt to Asset Ratio, and data on closing prices for the period 2015-2019. In analyzing data, it was used path analysis of secondary data obtained from the basic industry sector financial statements of 60 companies. The company's performance in this sector is considered quite good when seen from the movement of the index value in the last five years. The results show that direct current ratio had a positive and significant effect on the net profit margin, and the debt to equity ratio did not significantly influence the net profit margin. The current ratio has a positive and significant effect on stock prices, and the debt to equity ratio has a negative and not significant effect on stock prices. In contrast, the net profit margin has a significant effect on stock prices in the basic industry sector companies on the Indonesia Stock Exchange. Indirectly the current ratio has a positive and significant effect on stock prices. In contrast, the debt to asset ratio has a negative and not significant effect on the company's stock prices in the basic industry sector on the Indonesia Stock Exchange.

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