Open AccessMethodological approaches to assess the investment attractiveness of organizations in the military-industrial complex
Author(s) -
Albina Mergeneva
Publication year - 2019
Publication title -
voenno-èkonomičeskij vestnik
Language(s) - English
Resource type - Journals
ISSN - 2686-7036
DOI - 10.15862/04ecvv119
Subject(s) - attractiveness , investment (military) , context (archaeology) , value (mathematics) , multiple criteria decision analysis , operations research , business , computer science , risk analysis (engineering) , management science , economics , engineering , political science , psychology , paleontology , machine learning , politics , psychoanalysis , law , biology
This article is devoted to the consideration of practical methods for assessing investment attractiveness both in general and for the military-industrial complex. The authors identify a list of coefficients that are applicable in the assessment of the marked indicator, determining the essential value and the formula for calculating each of the calculated indicators. In addition, the Russian experience of calculating indicators of investment attractiveness is considered, according to which the authors conclude on the need to consider industry specificity when calculating indices for defense companies, due to the fact that the resulting average coefficient cannot reliably and qualitatively reflect the organization’s true financial situation. As the most applicable and effective practice of building an analysis of the investment attractiveness of enterprises of the military-industrial complex, it is recommended to carry out two major components of the assessment. First, is the need to obtain exactly the numerical coefficient, that is, the indicator? which can really be calculated, in contrast to the indicators of expert opinion, which demonstrate a greater degree of subjectivity of the decision maker, which is not always accurate due to the human factor and rather abstract formulations of such indicators. Secondly, it is required to formulate calculated indicators for assessing the investment attractiveness of enterprises of the military-industrial complex in such a way that the final result is applicable and indicative in the context of a comparative analysis of the organization under consideration with similar competitive companies in the industry, namely, the coefficient initially must include industrial characteristics in its calculation the market and its development prospects in relation to the interests of the business entity being assessed. This is the main idea of the current scientific work.