A New Approach to the Management of Cash in a Company

2017 ◽  
pp. 25-47 ◽  
Author(s):  
Eleonora Kontuš
Keyword(s):  
New Approach ◽  
A Company

scholarly journals Is Investing in Companies Manufacturing Solar Components a Lucrative Business? A Decision Tree Based Analysis

Energies ◽  
2020 ◽  
Vol 13 (2) ◽  
pp. 499
Author(s):  
Sebastian Klaudiusz Tomczak ◽  
Anna Skowrońska-Szmer ◽  
Jan Jakub Szczygielski
Keyword(s):  
Renewable Energy ◽  
Energy Production ◽  
Manufacturing Sector ◽  
Energy Systems ◽  
Product Portfolio ◽  
New Approach ◽  
Renewable Energy Systems ◽  
Pv Systems ◽  
Depth Analysis ◽  
A Company

In an era of increasing energy production from renewable sources, the demand for components for renewable energy systems has dramatically increased. Consequently, managers and investors are interested in knowing whether a company associated with the semiconductor and related device manufacturing sector, especially the photovoltaic (PV) systems manufacturers, is a money-making business. We apply a new approach that extends prior research by applying decision trees (DTs) to identify ratios (i.e., indicators), which discriminate between companies within the sector that do (designated as “green”) and do not (“red”) produce elements of PV systems. Our results indicate that on the basis of selected ratios, green companies can be distinguished from the red companies without an in-depth analysis of the product portfolio. We also find that green companies, especially operating in China are characterized by lower financial performance, thus providing a negative (and unexpected) answer to the question posed in the title.

scholarly journals ANALYSIS AND ASSESSMENT OF PERSONNEL CAPACITY OF THE ORGANIZATION’S STAFF AT PRESENT STAGE

2020 ◽  
pp. 5-13
Author(s):  
V. Ya. Afanasyev ◽  
N. V. Vorontsov ◽  
O. V. Baykova
Keyword(s):  
Sustainable Development ◽  
Personnel Management ◽  
Retrospective Review ◽  
Market Value ◽  
Current Level ◽  
Present Stage ◽  
New Approach ◽  
Industrial Enterprises ◽  
Labor Resources ◽  
A Company

The existing methods and approaches for analysing an organization’s personnel capacity have been considered, a retrospective review of the well-known classifications of Russian scientists has been carried out. The authors have studied the papers devoted to the practical aspects of assessing the personnel capacity of industrial enterprises in the context of a number of areas, including: personnel management, sustainable development management, increasing the competitiveness and market value of a company. A new approach to analysing personnel capacity has been proposed in the form of assessment of personnel security or the current level of personnel risks, which are, in turn, attributed to such components of personnel capacity as qualification / working experience, ability / speed of reproduction of labor resources.

scholarly journals Theoretical and Methodical Aspects of Ensuring Sustainable Operation of the Businesses Considering Their Innovative Activity

2020 ◽  
Vol 11 (5) ◽  
pp. 186
Author(s):  
Alexey Tikhonov ◽  
Sergey Novikov
Keyword(s):  
Cross Section ◽  
Innovative Activity ◽  
New Approach ◽  
Sustainable Operation ◽  
A Company ◽  
Different Levels

This article considers a new approach to ensuring the sustainable functioning of a company considering its innovative activity on the basis of the original tools developed by the author, including strictly regulated indicators of the organization's activity, ensuring its stability, and their flexible filling to maintain it through a timely targeted impact on their level. The paper shows the interaction of two different levels of indicators in their quantitative and qualitative cross section.

Digitalisation as a critical tool in resource asset valuations, acquisitions and dispositions

2019 ◽  
Vol 59 (2) ◽  
pp. 609
Author(s):  
Douglas W. Hollett ◽  
Craig N. Phasey
Keyword(s):  
Portfolio Management ◽  
Deep Understanding ◽  
Cost Savings ◽  
Asset Valuation ◽  
Significant Cost ◽  
New Approach ◽  
Digital Twins ◽  
And Control ◽  
A Company

Digital twins and digital ‘solutions’ have become increasingly common in recent years, as companies recognise the benefit of greater visibility and control into their operations. When built and implemented properly, a digital twin (DT) offers the potential for significant cost savings, coupled with attractive add-on value in safety, operational integrity and predictive maintenance, all of which can also result in increased production. DTs are also critical for effective portfolio management, in allowing a full understanding of asset or field value, upside, and long-term potential. By identifying areas for optimisation, a DT can help the operator prioritise investment, and accurately understand which assets to keep or monetise. Through building DTs for operating properties, Nova Systems and PTC have gained a deep understanding of the upside potential inherent in the technology. This also means that DT technology can be invaluable in asset acquisitions. During merger and acquisition (M&A) analysis, a company typically looks for technical, operational and financial leverage which can unlock potential not seen by the current owner. These can be commercial (commodity contract, price deck and agreements), technical (e.g. engineering approach and models, and subsurface), operating synergies (common services, facilities and duplication) and digital solutions. While most companies utilise traditional and tested approaches to asset valuation, new digital solutions offer the opportunity for break-out higher valuations which can drive an entirely new approach to M&A growth. In today’s competitive marketplace, the company with an innovative digital solutions skillset will have the advantage.

scholarly journals A New Approach to Risk Attribution and Its Application in Credit Risk Analysis

Risks ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 65
Author(s):  
Christoph Frei
Keyword(s):  
Risk Factors ◽  
Risk Analysis ◽  
Credit Risk ◽  
Driving Factors ◽  
New Approach ◽  
Risk Decomposition ◽  
Risk Attribution ◽  
Credit Risk Analysis ◽  
A Company ◽  
Over Time

How can risk of a company be allocated to its divisions and attributed to risk factors? The Euler principle allows for an economically justified allocation of risk to different divisions. We introduce a method that generalizes the Euler principle to attribute risk to its driving factors when these factors affect losses in a nonlinear way. The method splits loss contributions over time and is straightforward to implement. We show in an example how this risk decomposition can be applied in the context of credit risk.

scholarly journals International harmonization of accounting demands a new approach to accounting education

2013 ◽  
Vol 61 (2) ◽  
pp. 427-435 ◽  
Author(s):  
Milana Otrusinová ◽  
Eva Hýblová
Keyword(s):  
Financial Reporting ◽  
Capital Market ◽  
Financial Statements ◽  
Accounting Education ◽  
International Capital ◽  
Sources Of Information ◽  
New Approach ◽  
Generally Accepted Accounting Principles ◽  
And Performance ◽  
A Company

Accounting and financial reporting are valuable sources of information about the financial position and performance of a company. The development of the international capital market have brought needs for international, globally valid and acknowledged accounting norms. Currently, the IFRS are used in agreement with the European Commission directive for the elaboration of financial statements of companies which are issued by securities; the other entities continue using national generally accepted accounting principles (GAAP). As the number of companies which apply the GAAP is predominant, the basis of the education of future accounting professionals is formed. However, this situation has to be changed because of the potential expansion of harmonization into a further group of companies (small and medium sized entities) and also because of the increasing international cooperation among companies. Accountants should gain knowledge about all concepts of accounting – specialization narrowed down to national GAAP is limiting, as has been confirmed by recruitment agencies. The aim of the paper is to analyse the needs of accounting education in the current situation in compliance with the development trends of this field.

scholarly journals Three stage maturity model in SME’s toward industry 4.0

2016 ◽  
Vol 9 (5) ◽  
pp. 1119 ◽  
Author(s):  
Jaione Ganzarain ◽  
Nekane Errasti
Keyword(s):  
Industry 4.0 ◽  
Process Model ◽  
Capacity Assessment ◽  
Maturity Model ◽  
New Approach ◽  
Business Operations ◽  
Recent Developments ◽  
Stage Process ◽  
A Company ◽  
Specific Project

Purpose: To address the challenges regarding the concept of Industry 4.0 and the diversification methodology and based on the strategic guidance towards Industry 4.0, we propose a process model as a guiding framework for Industry 4.0 collaborative diversification vision, strategy and action building. In this paper we suggest a stage process model to guide and train companies to identify new opportunities for diversification within Industry 4.0. Systematically carrying out the stages will take a company to their individual specific vision and collaborative vision between different companies in the Industry 4.0 scenario.Design/methodology/approach: This new collaborative diversification methodology involves industry within the pilot program; from the diversification and capacity assessment analysis of the company`s profile, skills and technologies that dominates, to identify the diversification opportunity map and its business modeling within the Industry 4.0 paradigm.Findings: The application of maturity models to the Industry 4.0 may help organizations to integrate this methodology into their culture. Results show a real need for guided support in developing a company-specific Industry 4.0 vision and specific project planning.Originality/value: Industry 4.0 promotes a vision where recent developments in information technology are expected to enable entirely new forms of cooperative engineering and manufacturing. The vision of industry 4.0 describes a whole new approach to business operations, and especially the production industries. To address the challenges regarding the concept of Industry 4.0 and the diversification methodology discussed above, and based on the strategic guidance towards Industry 4.0, we propose a unique process model as a guiding framework for Industry 4.0 collaborative diversification vision, strategy and action building.

Portfolio diversification during monetary loosening policy

2015 ◽  
Vol 16 (2) ◽  
pp. 197-214
Author(s):  
Kamil Makiel
Keyword(s):  
Financial Stability ◽  
Mining Industry ◽  
Portfolio Risk ◽  
New Approach ◽  
Content Type ◽  
Market Portfolio ◽  
The Us ◽  
The Usa ◽  
The Impact ◽  
A Company

Purpose – The purpose of the paper is to analyze the impact of quantitative easing (QE) performed in the USA on relationship between assets mainly from mining and oil industries. Based on the empirical results, the method of diversified portfolio creation has been proposed. Design/methodology/approach – Nine DCC-GARCH-type models have been estimated for each group centered around a main asset: a company from the oil or mining industry, the appropriate currency pair for its market of origin, commodities which could be used for the diversification of risk involved in investing in a portfolio containing the company, and the largest company from the same industry listed on the US market. Each series of conditional correlations was analyzed with regard to the changes that occurred during the various stages of QE. Findings – The correlations are shown to be stabilizing in the successive stages of QE. The most significant changes in the distribution of correlations can be observed after the first stage of QE. The effects of QE are evident not only in the USA but also in other countries; however, the level of its influence varies between different markets and assets. It is possible to diversify the inflation, currency and market portfolio risk by appropriately chosen asset decomposition. Research limitations/implications – The DCC model is limited, so to provide more precise results, more sophisticated models can be estimated and compared. Practical implications – The paper investigate the fact of stabilization in financial markets relations. The findings may prove the validity of continuation of QE. A portfolio creation method has been proposed – it has been stated that including commodity in portfolio is more appropriate then only-bond–equity mix. Originality/value – The new approach of analyzing financial stability has been proposed – the control for stability of conditional correlation.

scholarly journals Evaluation of Suppliers at A Steel Structure Manufacturer

2018 ◽  
Vol 9 (1) ◽  
pp. 111-114
Author(s):  
Katalin Keller ◽  
Balázs Kocsi ◽  
István Budai
Keyword(s):  
Quality Function Deployment ◽  
Steel Structure ◽  
New Approach ◽  
North Eastern ◽  
Abc Analysis ◽  
Second Category ◽  
A Company ◽  
Combined Work ◽  
Qfd Method

Abstract In today’s world, where competition is becoming increasingly prominent, companies need to focus on several aspects in order to be successful in their operations. Purchasing is essential to achieving this goal, so suppliers can be evaluated as well. A new approach is created based on the QFD method for evaluating suppliers, which can be quickly and easily performed, even without the help of a computer. This method was tested in a company based in a North Eastern Hungarian city. Firstly, suppliers were selected by ABC analysis and then the expectations were defined and compared based on the order of their preference matrix. The three categories were A, B and C, one supplier achieved a place in the best category, two suppliers a place in the second category, five suppliers joined the third category. Furthermore, Suppliers were categorized by Kraljic matrix. The supplier rating which was based on the QFD (Quality Function Deployment) method, allows analysis of the performance of a given supplier in an easy way within the company and to develop them over the long-term in order to make the company more successful based on the results of combined work.

scholarly journals MANAJEMEN SDM GLOBAL

2020 ◽  
Author(s):  
Onsardi Onsardi ◽  
Ratna Juita
Keyword(s):  
Human Capital ◽  
Resource Management ◽  
Human Resources ◽  
Human Resource Management ◽  
Human Resource ◽  
One Dimension ◽  
Company Performance ◽  
New Approach ◽  
A Company ◽  
New View

Changes in the business paradigm require changes in the management of companyactivities. One dimension of company activities that requires a new approach tomanagement is human resource management. The old view of human resourcemanagement must be abandoned and replaced with a new view. The old view seeshuman resources not in a vital position, whereas the new view sees human resources as avital aspect in a company that is as human capital or an asset for a company.Keywords: Human Resource Management, Company Performance

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