On determination of fair and economically reasonable liquidation value of preferred shares
https://doi.org/10.34020/1993-4386-2024-3-12-19
Abstract
A preferred share on the Russian securities market is a limited instrument that is a hybrid between an ordinary share and a bond. In the business environment, disputes arise regarding the definition of the liquidation value, which differs from the balance sheet, market, nominal. The authors analyze the nature of the preferred share from an economic point of view, the customs of the business turnover established in the Russian Federation and develop a methodology for determining the fair and economically justified liquidation value of preferred shares.
About the Authors
О. Belomyttseva
National Research Tomsk State University
Russian Federation
Russian Federation
Ol'ga S. Belomyttseva – Doctor of Economics, Professor of the Department of Finance and Accounting, Director of the Center for Financial and Economic Expertise
Tomsk
D. Khloptsov
National Research Tomsk State University
Russian Federation
Russian Federation
Dmitrii M. Khloptsov – Doctor of Economics, Head of the Department of Property Assessment and Management
Tomsk
References
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Review
For citations:
Belomyttseva О., Khloptsov D. On determination of fair and economically reasonable liquidation value of preferred shares. Siberian Financial School. 2024;(3):12-19. (In Russ.) https://doi.org/10.34020/1993-4386-2024-3-12-19
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