AKSIYADORLIK JAMIYATLARI KAPITAL TARKIBINING INVESTITSIYA LOYIHALARINI MOLIYALASHTIRISH IMKONIYATLARIGA TA’SIRI TAHLILI
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https://doi.org/10.5281/zenodo.21885332##article.subject##:
kapital tarkibi, aksiyadorlik jamiyati, investitsiya loyihasi, kapitalning o‘rtacha tortilgan qiymati, moliyaviy leveraj, soliq qalqoni, o‘z kapitali qiymati, beta koeffitsienti, qarz sig‘imi, sof joriy qiymat##article.abstract##
Aksiyadorlik jamiyatlari kapital tarkibining investitsiya loyihalarini moliyalashtirish imkoniyatlariga ta’siri
tadqiq etildi. Kapital tarkibi va moliyalashtirish imkoniyatlari o‘rtasidagi bog‘liqlik kapitalning o‘rtacha tortilgan qiymati
(WACC) orqali uzatiluvchi transmissiya mexanizmi sifatida modellashtirildi. Qarz kapitali ulushining WACC va loyihaning
maqbul maksimal hajmiga ta’sirini baholash bo‘yicha model hisob-kitobi amalga oshirildi. Hisob-kitob natijalariga ko‘ra,
qarz kapitalining ulushi 40 foiz atrofida bo‘lganda WACC eng past darajaga — 18,13 foizga tushadi, ushbu darajadan
chetlanish esa loyihani moliyalashtirish imkoniyatlarini 16,4 foizgacha qisqartiradi. O‘zbekiston Respublikasi bo‘yicha
2021–2024-yillar ma’lumotlari asosida aksiyadorlik jamiyatlarining kapital tarkibini optimallashtirish imkoniyatlariga ta’sir
etuvchi omillar aniqlandi hamda ularni takomillashtirishga qaratilgan ilmiy-amaliy takliflar ishlab chiqildi
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