The economic independence of any state is the basis of the welfare of the country's population. Starting from 2011, the Republic of Kazakhstan has been working on the financial stabilization of its core assets by transferring leading national companies to an IPO. Formation and development of the IPO market requires conducting various economic analyses and determining the effectiveness of innovative design solutions involved in this direction. One of such activities is the corporate asset valuation of the enterprise entering the IPO market. As a rule, each asset has its own internal base value, which is estimated depending on the character of cash flows, the rate of their growth and the degree of future risk. As a result of the evaluation, the enterprise will have an idea of the life cycle of the project being invested, a pattern of cash flow will be revealed and a discount rate will be determined in order to determine the present value. At the initial stage of the IPO market formation in Kazakhstan, major national companies with long life cycles possessing a sufficient number of assets were identified as the main participants of the project. To participate in an IPO one should know the basic rules of investment, trade mechanisms and features, as well as the law regulating these issues.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
hi@scite.ai
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.