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