THEORETICAL FOUNDATIONS OF THE FORMATION OF ENTERPRISE MARKET CAPITALIZATION AND THE PLACE OF VALUE CONCEPT IN IT

Abstract

The theoretical principles of the formation of the market capitalization of the enterprise are disclosed in the article. A substantive analysis of the approaches of foreign and domestic scientists to the interpretation of the concept of “market capitalization of an enterprise” was carried out, with further determination of their features and “bottlenecks”. The formulaic expression of the market capitalization of the enterprise is considered and two main aspects of its interpretation are distinguished – stock and financial. The characteristic features of the market capitalization of the enterprise within the given aspects are differentiated. The place of the enterprise value in the theoretical foundations of the enterprise market capitalization formation from the point of view of each of the aspects is determined