Rating Estimation of the Company’s Competitiveness on the basis of a Normative Model

Authors

  • N.T. Sailaubekov Каза­хс­кий­ универ­си­тет­ между­на­род­ных­ отно­ше­ний­ и ми­ровых­ языков­ имени­ Абылай­ хана
  • Sh.G. Jumadilova
        57 46

Keywords:

competitiveness of the company, rating, financial and eco-nomic status of an oil and gas company, monitoring company’s financial status, analysis of company’s activity.

Abstract

The article presents a quantitative evaluation of competitiveness of oil and gas company in Kazakhstan. The company’s competitiveness has been estimated by a method of rating their financial and economic sta-tuses. This rating allows to monitor the status of the company in the dy-namics, to compare these dynamics and to determine its competitiveness. The financial and economic stability of the company is a precondition for economic activity. The paper calculates the estimation of competitiveness for oil company of Kazakhstan JSC «KazMunaiGas» Exploration Produc-tion.» Results of this research showed insufficient competitiveness of the company in question. The paper is structured as follows: The technique of rating estimation of the company’s competitiveness is presented, then The rating of competitiveness of the oil company under consideration is calcu-lated, and in the end the appropriate conclusions are made.

References

1 Сайлау­бе­ков­ Н.Т. Мето­ди­ка­ комплекс­но­го­ анали­за­ фи­нансо­во­-эконо­ми­чес­кой­ деятель­ности­ предприятия­ на осно­ве­ дина­ми­чес­ко­го­ норма­ти­ва­ // Вестник­ универ­си­те­та­ «Туран­». – №3 (39) . – 2008. – С. 64-66.
2 Кова­лев­ В.В. Фи­нансо­вый­ анализ­: Уп­равле­ние­ капи­та­лом­. Выбор­ инвес­ти­ций­. Анализ­ отчет­нос­ти­. – 2-е изда­ние­, пере­ра­бо­тан­ное­ и допол­нен­ное­. – М.: Финан­сы­ и статис­ти­ка­, 1999.

3 Бали­но­ва­ B.C. Статис­ти­ка­ в вопро­сах­ и отве­тах­: учеб. посо­бие­. – М.: Проспект­, 2004. – 344 с.

4 The Consolidated Financial Statements of JSC «Kazmunaigaz» Exploration and Production» for 2010 and 2011 years.

5 Altman E.I. Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy // The Journal of Finance, September 1968. – Рp. 589-609.

Downloads

How to Cite

Sailaubekov, N., & Jumadilova, S. (2016). Rating Estimation of the Company’s Competitiveness on the basis of a Normative Model. Journal of Economic Research &Amp; Business Administration, 112(6). Retrieved from https://be.kaznu.kz/index.php/math/article/view/1133