Models of sensitivity of key indicators of the activity of a public company in the stock market with a neutral approach to the implementation of its dividend policy

The purpose of this article is to study the theoretical and practical aspects of analyzing the sensitivity of key indicators of the activity of a public company on the stock market (market activity) to the main determining factors in the conditions of a neutral approach to the implementation of its dividend policy, which allows taking into account the interests of all other stakeholders interested in the activities of the public company (including potential investors) to ensure its sustainable development in the long term. The methodological basis of the study was the concept of a neutral approach to the dividend policy of a public company and the concept of sensitivity analysis, developed earlier by the author of this article. The motivation of the study is to ensure the development, justification, and effective management of the dividend policy of a public company within the framework of a neutral approach to ensure the interests of its main stakeholders by constructing elasticity models of key indicators of market activity according to their main determining factors. The constructed elasticity models of the key indicators of market activity listed above can be used in predictive and analytical assessments of their changes, and also make it possible to identify the causes of these changes by calculating the impact on the specified elasticity of the determinants contained in their models, performed by the appropriate methods of factor analysis, under the conditions of a neutral approach to the implementation of the dividend policy of a public company.

کلیدواژه ها:

Sensitivity analysis ، Elasticity ، Modeling ، Market activity ، neutral approach ، dividend policy ، Public company