Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/26087
Title: Financial factors in Ukraine’s machine-building industry development
Authors: Kerimov, Pavlov
Keywords: Machinery industry -- Ukraine
Machinery industry -- Accounting
Financial statements -- Ukraine
Capital costs
Issue Date: 2016
Publisher: Ahmet Gökgöz
Citation: Kerimov, P. (2016). Financial factors in Ukraine’s machine-building industry development. Journal of Accounting, Finance and Auditing Studies, 2(3), 1-19.
Abstract: Despite numerous government interventions, machine-building industry in Ukraine slowly declines since 2008. Many researchers claim it to be a result of high cost of capital within Ukraine. This article purposes to answer the question, how cost of capital influences development of Ukrainian machine-building enterprises. Twenty Ukrainian enterprises were selected and their data analyzed for the period from 2008 to 2014, using the value-oriented approach, namely, the method of Economic Margin (EM), adjusted to peculiarities of Ukrainian reporting practices. The research shows, that the cost of capital (CC) is not a determining factor for the stalled development of the machine-building enterprises in Ukraine.
URI: https://www.um.edu.mt/library/oar//handle/123456789/26087
Appears in Collections:Journal of Accounting, Finance and Auditing Studies, Volume 2, Issue 3
Journal of Accounting, Finance and Auditing Studies, Volume 2, Issue 3

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