Factors of Company\'s Investment Activity

This paper examines the factors influencing the companies investment activity. Based on previous studies there were identified some internal and external factors of investment activity. Empirical researches were also analyzed. The impact of various factors on investment activity has been estimated for Russian public companies. The data was collected from the system "SPARK" for the period from 2011 to 2015. As an indicator of investment activity the volume of fixed assets of a company was considered. As explanatory factors there were company's net profit, total assets, revenue, profitability indicators, financial leverage, capital intensity, ownership structure. The results of the research confirmed the impact on the investment activity of the company's financial results, financial stability, efficiency of operations and intensity of capital use.