METHODOLOGICAL APPROACHES TO ASSESSING OF THE REGIONAL STOCK MARKET DEVELOPMENT
A.M. Vyzhitovich1,2, N.V. Anokhin1, T.A. Popova1, V.S. Dreiling1
1Novosibirsk State University of Economics and Management, Novosibirsk, Russian Federation
2Siberian Institute of Management - a Branch of the Russian Academy of National Economy and Public Administration under the President of the Russian Federation, Novosibirsk, Russian Federation
Keywords: legal entity, stock market, securities, taxation, investment attractiveness, regional development
Abstract
The paper shows the influence of activity of regional corporations at stock market on the development of regional economy in general. Various scientific approaches to the assessment of the influence of financial markets on overall economic situation were considered in the course of the research. The need for detailed study of functioning of regional securities markets, as well as detailed study of their peculiarities and courses of development was revealed. The methods of analysis of regional results of activities of legal entities at securities market were developed on the basis of tax reporting of issuers and assessment of investment attractiveness of regions. The following tasks were solved: study of the normative base regarding dealings of legal entities at stock market, analysis of investment attractiveness of regions, analysis of indicators of statistical tax reporting, development of the methods of assessment of business activity of organizations at stock market, carrying out the assessment of correlation dependence of the indicators of investment attractiveness of regions and statistical tax reporting with gross regional product of the Siberian Federal District entities. Following the assessment results a conclusion of the dependence of economic development of the region with its investment potential and dynamics of corporate investment activity in the respective territory was drawn. Tax incentive of investment activity of regional companies was marked as significant direction of state policy at securities market.
|
