Efficiency evaluation of actions taken by regional subsidiaries of the holding company

DOI

10.2991/ispcbc-19.2019.132How to use a DOI?

Keywords

regional subsidiary companies; holdings; synergy effect; sustainable development; efficiency, evaluation

Abstract

The article is devoted to the analysis of holding subsidiaries in Omsk region. Now there is a need for developing regional techniques of efficiency evaluation when separating independent subsidiaries from holding companies. The research purpose consists in generalizing the existing indicators for efficiency evaluation of regional holding subsidiaries activity. The subject of the research is evaluation system of indicators reflecting the sustainable development of regional subsidiaries. The object of the study is the holding subsidiary PAO “Omskshina” of AO “Cordiant”. The used methods are analysis and synthesis, empirical and statistical techniques. The article gives the essence of the term “holding”. The author analyses different definitions of the term “holding subsidiary” given by foreign and domestic authors. The article states that the merger of companies into holding associations results in the synergy effect. Benefits and shortcomings of creating subsidiaries in holding associations are revealed in the article. The key purposes of creating holding subsidiaries are reflected in the present paper. In the research large leaders are listed, that is subsidiaries that perform their activity in the region. The author considers the two main techniques of activity efficiency evaluation in regional subsidiaries. The scientific novelty of the research consists in developing the stage-by-stage scheme of efficiency evaluation of activity in regional holdings subsidiaries of taking into account current trends of business. The offered process of efficiency evaluation depends on some specifics of activity in subsidiary companies. The process of efficiency evaluation of activity in holding subsidiaries, including the system of indicators, gives the chance to make assessment of the actual size of cost, production and financial performance in the subsidiary companies.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Nikolay Rudenko
AU  - Alexander Miller
PY  - 2019/08
DA  - 2019/08
TI  - Efficiency evaluation of actions taken by regional subsidiaries of the holding company
BT  - Proceedings of the International Scientific-Practical Conference “Business Cooperation as a Resource of Sustainable Economic Development and Investment Attraction” (ISPCBC 2019)
PB  - Atlantis Press
SP  - 97
EP  - 100
SN  - 2352-5428
UR  - https://doi.org/10.2991/ispcbc-19.2019.132
DO  - 10.2991/ispcbc-19.2019.132
ID  - Rudenko2019/08
ER  -