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Analysis of Value Drivers of Russian Companies

Student: Elina Polianskaia

Supervisor: Elena Shakina

Faculty: St.Petersburg School of Economics and Management

Educational Programme: Economics (Bachelor)

Year of Graduation: 2019

This paper presents a study of the key value drivers of Russian small and medium-sized businesses and considers the possibility of introducing elements of a value-oriented approach in SMEs. The main purpose of this work is to identify the significant drivers of the company's value for SMEs. The main objectives of the study are to consider the methods of assessing the value of SMEs and determine the most appropriate method of enterprise value, the analysis of the main drivers of value and conduct econometric analysis based on the collected database for 1218 small and medium-sized businesses, which will conclude on the impact of certain factors on the value creation process of the company. The results will allow us to conclude what factors are the most important and affect the creation of shareholder value, followed by their application in the management of companies that will allow the company to determine the strategy for the development of its business, increase the life expectancy of the company and improve its efficiency.

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