The development of the methodical approach to value business appraisal within the integration policy for industrial enterprises

Nosov Magnitogorsk State Technical University, Magnitogorsk, Russia

^* Corresponding author: marjyshka@mail.ru

Abstract

At present, a positive trend in the development of corporate integration processes in industrial economics of the Russian Federation is frequently accompanied by a negative dynamics in their efficiency indicators. This causes the necessity for development of an integrated approach to integration transaction valuation using mathematical and statistical methods of research in order to increase the competitiveness of the Russian industry under conditions of the economic sanctions. The paper presents the methodical approach developed to value business appraisal of industrial enterprises based on the integration of profitable, cost-based, sales comparative approaches and the method of real options using weights Fishburne. In this paper, we propose a methodical approach that provides an integrated value appraisal of the target company and preliminary substantiates the expediency of mergers and acquisitions. In addition, this methodical approach is the foundation for high quality and reliable evaluation of the synergistic effect.