Venture Financing As a Form of Interaction Between Small and Large Businesses

2021 ◽  
pp. 12-19
Author(s):  
A. Smirnova
Keyword(s):  
Market Economy ◽  
Mutual Influence ◽  
Maximum Efficiency ◽  
Business Sector ◽  
Venture Financing ◽  
Business Entities

The market economy is currently characterized by a high mutual influence of the activities of various business entities on each other. Cooperation between small and large businesses will allow both parties to achieve maximum efficiency. The article is devoted to the consideration of venture financing as a factor in ensuring the growth of the small and medium-sized business sector, particularly in the sector of innovation.

DEVELOPMENT OF THE TRADE ENTERPRISE SUBJECTS LOGISTICS SYSTEM AND ITS UTENSIC-CRITERIAL CHARACTERISTICS

2019 ◽  
pp. 67-93
Author(s):  
Nataliia MITSENKO ◽  
Igor MISHCHUK
Keyword(s):  
Small Business ◽  
Logistics Management ◽  
Business Sector ◽  
Research Subjects ◽  
Conceptual Approach ◽  
Logistics System ◽  
Commodity Flows ◽  
Trading Company ◽  
Theoretical Approaches ◽  
Business Entities

The main purpose of the publication is the development of theoretical approaches, systematization of the results of analysis and definition of measures for the formation of logistic systems of trade enterpreneurship subjects (trade enterprises), which belong to the small business sector. The peculiarities of formation were identified and the problematic aspects of the modern stage of entrepreneurship development in Ukraine were identified. The existence of the logistic component in the general complex of the conduct of trading activity by the entrepreneurship subjects is determined. The essence and ratio of concepts «system of logistic» and «logistics system» of the enterprise are determined. The objective of the logistics system organization as a complex, economic and technical and technological system covering the logistics system of the enterprise is emphasized), personnel of the management services of the enterprise logistic activity, as well as legal, organizational,managerial and methodical principles of all these elements interaction of the system and its management, formed on the basis of the scientific and theoretical basis (theory) of logistics management. The peculiarities of the functioning of small business entities in Ukraine and the averaged parameters of commodity flows in this sector of economy are investigated, factors of logistic flows organization specificity formation in the retail segment, which influence the requirements for the creation and operation of trade enterprises logistic systems and the choice of approaches to them, are determined. The attention is drawn to the need to consider as the main factor in the formation of the trade complex system of logistic of operational and functional processes of logistics activities, which are carried out by a trading company in order to bring commodity flows to end buyers of goods. The necessity of determining the structure of the logistics system of the trading company is focused on taking into account the resources available from the dealer in order to create opportunities for organizational, economic, technical and technological interaction with other supply chain participants in which the given enterprise is involved, and simultaneously ensuring compliance of the goods sold with the requirements end buyers. The key directions of logistic activity improvement of enterprises of trade – subjects of small (and micro) entrepreneurship, which are connected with technical and technological and infrastructure improvements within the enterprise logistics system, introduction of modern management technologies in the logistics management subsystem and logistics administration, are grounded, as well as the use of outsourcing capabilities of logistics functions and operations and the use of modern communication tools for the radical change of trade technologies , which will be reflected in the requirements for organizing a complex of logistics activities of retailers and, accordingly, logistic systems created by them. The purpose of the research is to develop theoretical approaches, to systematize the results of the analysis of the essential characteristics and the composition of the trade company system of logistics, and to identify the main measures for the formation of the system of logistics of the subjects of trade enterprise (trade enterprises), which belong to the small business sector. Object of research – subjects of trade enterprise – trade enterprises, which belong to the small business sector. The subject of the study is theoretical and methodological principles of logistic activity organization and conceptual approaches to the construction of logistic formations in the conditions of integration processes. In accordance with the goal formulated, the main objectives of the study: • on the basis of analysis of the most common scientific theories to determine mechanisms for managing them; • to identify new approaches for identifying the essence of logistics, the content of logistics activities of trade enterprises and identify the actual problems of their construction; • to formulate a conceptual approach, basic principles and applied principles of organization of logistic formations with the participation of small business entities; • to develop scientific and practical recommendations on the construction of trade enterprises systems of logistics and their development taking into account the integration processes in the field of commodity circulation.

Legal uncertainty correlating acts of antimonopoly authorities concerning the abuse of dominant positioning and acts of arbitral courts in consideration of civil legal disputes

2021 ◽  
pp. 40-45
Author(s):  
Ph. Ph. Kadymov
Keyword(s):  
Mutual Influence ◽  
Product Market ◽  
Dominant Position ◽  
Legal Uncertainty ◽  
Business Entities

A significant number of antitrust cases against company holding a dominant position on the product market, whose actions infringe upon both business entities, including representatives of small and medium-sized businesses, and an indefinite circle of persons, are implicated by the presence of civil disputes with applicants who have applied to the antimonopoly authority. The article analyzes the mutual influence of acts of antimonopoly authorities and acts of arbitration courts in the consideration of civil disputes and proposes a solution to the problem of legal uncertainty.

scholarly journals Business households in the context of Vietnam's culture and law

2022 ◽  
Vol 6 (1) ◽  
Author(s):  
Vien The Giang ◽  
Vo Thi My Huong
Keyword(s):  
Market Economy ◽  
Legal Status ◽  
Family Relationship ◽  
Small Scale ◽  
The Family ◽  
Huge Impact ◽  
Development Support ◽  
Business Entities ◽  
Business Relations

The article analyzes and clarifies the position and role of business households in the system of business entities in the market economy in Vietnam. From its small-scale position, restrictions on the rights to use labor and business locations, current Vietnamese laws have established provisions to ensure equality in legal status, autonomy, and self-responsibility on business transactions of business households. However, the business household is built and managed on the basis of the family, the members of the business household both show blood relation and economic relation. Therefore, the family traditional cultural factors have a huge impact on the internal and business relations of household businesses. The traditional family relationship, and the relationship among the members (of the business household) in the business relations related to asset liability and the development support policy of the State will form the pillar to promote the development of household businesses to become an important and indispensable part of the market economy and international integration in our country currently.

scholarly journals IMPROVING THE INTERACTION OF SMALL AND MEDIUM-SIZED ENTERPRISES WITH BANKS IN THE PROCESS OF CREDIT INTERRELATIONS

2018 ◽  
pp. 95-103
Author(s):  
Ihor HUTSAL
Keyword(s):  
Market Economy ◽  
Financial Intermediation ◽  
Mutual Influence ◽  
Supply And Demand ◽  
Regional Level ◽  
Economic Feasibility ◽  
Financial Contracts ◽  
Effective Collaboration ◽  
Market Infrastructure ◽  
Economic Expediency

Introduction. The article outlines the directions of interaction of SMEs with banks, attention is focused on mutually beneficial cooperation of entities market economy because of the interdependence of their relationship. It is confirmed that the interaction between SMEs and banks in the process of financial intermediation is carried out by mutual influence that happens within the existing communications and is accompanied by the exchange of resources and their obligations based on operational needs and financial capabilities and economic feasibility. Purpose. For effective collaboration and interaction between SMEs and banks it is necessary to implement the motivational principles at the regional level through the development of market infrastructure. On the first phase should be solved the problem of matching supply and demand of credit resources, mainly through refinancing of banks according to the needs of SMEs. Results. The next phase requires implementation of customer-oriented strategy of SMEs’ needs on the part of banks by systematization and standardization of banking products. Ideal variants for meeting the needs of SME banking products – are special loan programs, which are clustered approaches indeed. Conclusion. It is proved that the interaction of SMEs and banks is carried out by mutual influence between them in the process of sharing resources and obligations within financial contracts. Such interaction is based on operational needs and financial possibilities, economic expediency.

scholarly journals Registration and Blocking of Tax Bill / Calculation of Adjustments: New Rules for Business and Fiscal Officers

2018 ◽  
pp. 113-121
Author(s):  
O. А. Yurchenko ◽  
О. А. Svyryda
Keyword(s):  
Risk Assessment ◽  
Value Added ◽  
The State ◽  
Assessment Criteria ◽  
Business Sector ◽  
Value Added Tax ◽  
Detailed List ◽  
Business Entities ◽  
Computerized Monitoring ◽  
Risky Business

Implementation of the system for administering value added tax for the domestic business sector was an IMF requirement. However, its applications by business entities could not eliminate “tax heavens”, barter deals and purchase (sale) of doubtful tax credit. It was in 1 July 2017 that the system for computerized monitoring of the conformity of tax bills (TB) / calculation of adjustment (CA) to the risk assessment criteria sufficient to stop registration of such TB / CA in the Single Register of Tax Bills was launched. The article’s objective is to form the authors’ vision of the essence of the problem related with registration and blocking of TB and CA in the Single Register of Tax Bills.  The following aspects are covered by the analysis: the nomenclature of indicators checked in TB / CA deciphered upon coming to the State Fiscal Service of Ukraine; the types of receipts on the results of computerized check, intended for VAT payers; the detailed list of criteria for exclusion of TB / CA from the monitoring by the State Fiscal Service of Ukraine (once these criteria are not met, TB / CA is to become subject to monitoring and check for the riskiness of taxpayer and its operations, i. e. the criteria of fictitious business); the indicators of the positive story of a taxpayer. The issues of identifying the taxpayer risks that can be subject to scrutiny by the State Fiscal Service are highlighted. The criteria determining the positive tax story of a taxpayer are given. It is concluded that all the TB and CA submitted for registration in the Single Register of Tax Bills are to be checked for the conformity to three legally defined essential criteria; once TB / CA does not meet these criteria, they will be subject to monitoring and check for conformity with the criteria of riskiness of taxpayer and operations and the indicators of positive taxpayer story. The positive taxpayer story can rescue a VAT payer from blocking of its TB / CA that meet the riskiness of operation criterion. But once a taxpayer gets on the list of risky business entities, registration of its TB / CA will always be blocked.      

scholarly journals Genesis Of Legal Protection Of Business Entities From Illegal Actions Of Tax Authorities

2020 ◽  
Vol 02 (11) ◽  
pp. 44-50
Author(s):  
R.T. Berdiyarov ◽  
Keyword(s):  
Sustainable Development ◽  
Market Economy ◽  
Social Activity ◽  
Legal Protection ◽  
Welfare Economic ◽  
Cultural Development ◽  
Government Agencies ◽  
Economic Stability ◽  
Full Support ◽  
Business Entities

In a market economy, social activity and sustainable development of business entities, their full support, especially elimination of bureaucratic barriers in relations with government agencies, is a guarantee of welfare, economic stability and socio-economic and cultural development of society.

scholarly journals Management accounting practices in developing countries since the 1990s: the case of Poland

2018 ◽  
Vol 2018 (99 (155)) ◽  
pp. 119-148 ◽  
Author(s):  
Anna Szychta
Keyword(s):  
Developing Countries ◽  
Market Economy ◽  
Management Accounting ◽  
Empirical Studies ◽  
Institutional Factors ◽  
Economic Factors ◽  
Eastern European ◽  
Research Questions ◽  
Business Entities ◽  
Eastern European Countries

The aim of this paper is to identify the type of management accounting (MA) practices used in business entities surveyed in Poland, and to recognize the direction and factors of changes in MA methods and tasks in the al- most three decades of the dynamically developing market economy in Poland, after the change of the sociopolitical system at the turn of the 1980s and 1990s. The author answers several research questions based on a review of the previous literature and data obtained from three surveys conducted in 1999, 2005, and 2016. This study confirmed that the number of companies in Poland which have departments that carry out tasks in the area of MA/controlling has increased steadily. The research indicates that operational MA methods dominat- ed in enterprises between 2010–2015, just like in 2000–2005 and in the 1990s. It also found that in no more than 10% of the medium and large business entities which responded in 2016 are the methods of strategic MA used. In the first period of the development of the market economy in Poland, i.e., until 2004, many different economic and institutional factors influenced the introduction and change in MA practices, and in the next period, the respondents of the empirical studies pointed to economic factors as being more important. The paper contributes to the litera- ture on the development of MA in Central and Eastern European countries on the example of Poland.

scholarly journals ANALYSIS AND ASSESSMENT OF AZERBAIJAN'S EXPORT POTENTIAL IN THE CONTEXT OF ENTREPRENEURIAL ACTIVITIES

2021 ◽  
Vol 43 (04) ◽  
pp. 18-27
Author(s):  
Ayten Mekhraliyeva Ayten Mekhraliyeva
Keyword(s):  
Economic Development ◽  
Market Economy ◽  
Production Capacity ◽  
Social Institutions ◽  
State Regulation ◽  
Export Policy ◽  
Trade Turnover ◽  
State And Market ◽  
Business Entities ◽  
Entrepreneurial Activities

Entrepreneurship is one of the most important factors in the formation and development of a market economy, supporting the domestic market. It can solve social problems along with the solution of an important socio-political task - the formation of the middle class, the strengthening of democracy and social institutions, small business. In modern conditions, the intensification of state regulation and the promotion of the development of entrepreneurship, the organizational forms of interaction of government agencies with private entrepreneurship are changing. During this work, there are significant changes in the goals, mechanisms, management apparatus in the combination of state and market regulatory mechanisms, which is necessary to talk about the importance of the analysis of the structure of activities. In order to accelerate the pace of economic development in Azerbaijan, to apply the improved features of the market economy, the importance of free entrepreneurship, especially innovative entrepreneurship in accordance with the requirements of the time, is very high. Because innovative entrepreneurship allows to increase low production capacity and product quality. The goals and objectives of the research are to study the specifics of the activities of small and medium-sized businesses in Azerbaijan, to identify their origin, principles of operation, and their specific features. It is also the subject of research to determine the main directions of export activities of business entities and their impact on foreign economic activity, the volume of import-export operations and trade turnover of the country. Keywords: entrepreneurship activity, Azerbaijan’s export policy, economic development, SME, market economy,

scholarly journals Holistic view on corporate bankruptcy causes: systematization of causes and requirements to building bankruptcy prediction models

2019 ◽  
Vol 2019 (4) ◽  
pp. 120-129
Author(s):  
Tomas Kliestik
Keyword(s):  
Market Economy ◽  
Prediction Models ◽  
Bankruptcy Prediction ◽  
Negative Consequences ◽  
Financial Health ◽  
Holistic View ◽  
Wide Range ◽  
Business Entities ◽  
A Chain ◽  
The Impact

The article presents the research of bbusinesses’ life cycle as complex organisms that do not exist in isolation, but in mutual interaction with other subjects operating in the national economy, other businesses, non-financial or financial corporations, government agencies or customers and households. The essence of the crisis as the motive force of any market economy is revealed. The causes of bankruptcy of enterprises are considered. It has been stated that bankruptcy of the enterprise can result in a chain reaction with negative consequences for all economic entities. Every economy in the world (not only market economy) is confronted with failures or bankruptcy of business entities. There exist a variety of forms, manifestations and consequences of business failures. There has been substantiated the importance of the research, the essentiality of a detailed analysis of methods of bankruptcy prediction models, i.e. determining probable development of the corporate principles in the coming years. In the centrally planned economies, the state is responsible for all the consequences; in the market economy they directly affect all entities interrelated with the enterprise. Each group involved applies a wide range of tools, algorithms and methods, but their aim is identical: to predict the future development of the corporate financial health. There appear questions about termination of activity of a particular enterprise due to its future bankruptcy, shutting down because of bad decisions, or the impact of endogenous and exogenous factors. Development of the algorithms and methods is not possible without a detailed, almost holistic knowledge of the causes of corporate bankruptcies. A methodological toolkit based on numerous studies of specialists has been developed for building bankruptcy models.

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