| Abstract [eng] |
Topicality. Economical enviroment makes a direct affect on the whole country, businesses and every personality within. Proper comprehension, interpretation and application of the surrounding, possibilities, variuos financing sources and funds are essential for operating a successful business. It is more than important to take advantage of EU‘s funds available for businesses in young economies like Lithiuania. Each fund and investment is believed to take a positive affect to the company and increase the value of it. It is essential to cull from information in quantity only what’s most important and be able to evaluate the impact of an investment to an enterprise properly and determine the change of an enterprise value after the investment. The object of this graduation paper is the impact of EU‘s funds to the value of a business. Main goals: 1. Analyse and describe main theoretical EU‘s support for businesses aspects. 2. Describe and analyse main enterprise evaluation methods in use. 3. Come up with new business evaluation method, based on integrated value indicator, which enables one to evaluate EU‘s support‘s impact on enerprise value and measure the impact among number of companies. 4. Under favour of the new business evaluation method, evaluate the influence of EU‘s funding to the value of three enterprises, come up with conclusions and suggestions. The Results. Main aspects of EU‘s support for businesses and enterprise evaluation methods are presented and described in the theoretical part. Results and conclusions of the theoretical part and a survey empowered the creation of a new business evaluation method, based on integrated value indicator. The new method was tried out by analysing the financial data of three enterprises and evaluating the change in business value after receiving the support of EU funds. In the end one hypothesis, “European Union financial support increases the value of an enterprise“, was partly denied and another, “The impact of European Union‘s financial support to an enterprise can be evaluated by using business evaluation method, based on integrated value indicator“, was confirmed, conclusions and suggestions stated. Paper consists of 50 pages, 11 tables, 8 pictures, 22 formulas and 2 appendixes; 51 literature source was used. |
