scholarly journals The Impact of Physical Distancing on the Sharing Economy

2021 ◽  
Vol 15 (1) ◽  
pp. 22-36
Author(s):  
K. A. Karthik ◽  
Manish Sinha
Keyword(s):  
Impact Assessment ◽  
Business Models ◽  
Developing Economies ◽  
Qualitative Interviews ◽  
Financial Statements ◽  
Sharing Economy ◽  
Shared Resources ◽  
New Model ◽  
Shared Spaces ◽  
The Impact

The purpose of this research is to assess the possible impacts of physical distancing, implemented as a precaution against COVID-19, on businesses that depend on sharing economy, with an emphasis on developing economies. While COVID-19 has already been ravaging economies, there is a need to examine its impact on businesses that thrive on shared resources, which is a relatively new model, and thus merits an impact assessment. The methodology includes extensive background research on the origins of COVID-19, economic impacts of historic pandemics and examining the financial statements over the last six months of business that are purported to be affected, to assess the impact. This in addition to qualitative interviews of users of shared spaces and facilities, and collating media sources for stance taken by firms affected. The study aims to highlight the need for evolved business models to factor in physical distancing in order to adapt and stay insulated from future threats.

scholarly journals Does Car-Sharing Reduce Car Ownership? Empirical Evidence from Germany

2021 ◽  
Vol 13 (13) ◽  
pp. 7384
Author(s):  
Aaron Kolleck
Keyword(s):  
Business Models ◽  
Operating Mode ◽  
Sharing Economy ◽  
Car Ownership ◽  
Future Research ◽  
Vehicle Miles Traveled ◽  
Car Sharing ◽  
The Impact ◽  
German Cities ◽  
Additional Station

The sharing economy is making its way into our everyday lives. One of its business models, car-sharing, has become highly popular. Can it help us increase our sustainability? Besides emissions and vehicle miles traveled, one key aspect in the assessment regards the effect of car-sharing on car ownership. Previous studies investigating this effect have relied almost exclusively on surveys and come to very heterogeneous results, partly suggesting spectacular substitution rates between shared and private cars. This study empirically explores the impact of car-sharing on noncorporate car ownership and car markets in 35 large German cities. The analysis draws on publicly available data for the years 2012, 2013, 2015, and 2017, including, among others, the number of shared cars per operating mode (free-floating and station-based) and the number of cars owned and registered by private individuals (i.e., excluding company cars). We find that one additional station-based car is associated with a reduction of about nine private cars. We do not find a statistically significant relation between car ownership and free-floating car-sharing. Neither type of car-sharing appears to impact the markets for used and new cars significantly. Given the measurable impacts on car ownership levels, this result is surprising and invites future research to study car-sharing’s impact on the dynamics of car markets.

scholarly journals The impact of the institutional environment digitalization on the sharing economy development

2020 ◽  
Vol 15 (3) ◽  
pp. 329-343
Author(s):  
Anna Yur'evna Veretennikova ◽  
Keyword(s):  
Business Models ◽  
Institutional Design ◽  
Institutional Environment ◽  
Sharing Economy ◽  
Practical Significance ◽  
Economic Agents ◽  
Economic Relations ◽  
Goods And Services ◽  
The Impact ◽  
Platform Economy

The spread of the sharing economy and the growing interest to this concept is caused by the transformation of business models, which is due to the redistribution of the importance of the economic, social and environmental goals of consumers, manufacturers and suppliers of goods and services. Institutional factors of doing business have a particular importance. At the same time, the rise of digital technology has become a catalyst for the transformation of the rules and regulations establishing transactions between economic agents of various levels. The aim of this study is to determine the impact of institutional environment digitalization on the sharing economy development as a basis for its further regulation. The novelty of the research lies in identifying regularities in institutional environment digitalization. The article describes various aspects of analyzing the sharing economy, reveals a narrow and broad interpretation of the studied term based on the fact that the sharing economy is a part of the digital and platform economy. It is shown that the sharing economy is also at the intersection of the access economy, platform economy and community-based economy. Two key approaches to sharing economy are defined: technological with the focus on sharing economy driven by the digital technologies and socioinstitional with the transformations of rules and standards regulating the interaction of economic agents within this model. Correlation-regression analysis is applied to test the hypotheses about the influence of institutional environment digitalization typical for formal and informal institutes, as well as the network relations on the development of the sharing economy. The European Index of Digital Entrepreneurship Systems (EIDES) and The Timbro Sharing Economy Index were used as an information base for the study. The research arrives at a nonlinear regression model showing the significance and impact nature of the development of network relations and social media on the sharing economy. Hypotheses about the influence of the digital component of formal and informal institutions have been refuted. The article justifies the need for the development of inclusive institutes to regulate sharing economy, which will stimulate the solution of social, economic and environmental problems in the society. The theoretical significance of the study lies in expanding the provisions of economic theory in the field of studying the transformation of economic relations under the changes in external and internal socio-economic conditions and the institutional environment development for sharing economy. The practical significance lies in the possibility to apply the conclusions and recommendations to improve socio-economic regulating policy for sharing economy at the macro-, meso- and micro-levels of economy. The results obtained in the research may be of interest to the specialists analyzing the transformation of economic relations and the problems of the formation and development of sharing economy. Further research will relate directly to the issues of institutional design of the sharing economy, as well as the study of the application potential to solve socially significant problems at various levels of management.

scholarly journals The Impact of the Sharing Economy as an Ecosystem on the Tourism Sector

2021 ◽  
Vol 12 (22) ◽  
pp. 66-88
Author(s):  
Navickas Valentinas ◽  
Ieva Petrokė ◽  
Vaida Bačiulienė ◽  
Tetiana Vasylieva
Keyword(s):  
Business Models ◽  
Scientific Literature ◽  
Sharing Economy ◽  
Study Data ◽  
Quality Of Services ◽  
Advantages And Disadvantages ◽  
Tourism Sector ◽  
Tourism Services ◽  
The Impact

The authors of the article investigated the sharing economy elements as an ecosystem and analyzed the advantages and disadvantages of the sharing economy in the tourism sector. Exploring the elements of the sharing economy's ecosystem can help identify the challenges of globalization and lead to exploiting the sharing economy's potential more efficiently in the tourism sector. The study of the impact of the sharing economy as an ecosystem on the tourism sector is also made relevant by the lack of research examining the advantages and disadvantages of sharing economy models. To determine the impact of the sharing economy on the tourism sector, the authors analyzed the scientific literature. An empirical study of business models based on the sharing economy in the tourism sector was carried out. Moreover, the advantages and disadvantages were identified of the sharing economy in the tourism sector. The authors' analysis has shown that, despite conflicting views on the impact and importance of the sharing economy in the tourism sector, many experts are optimistic about sharing economy-based models in this sector. Research by the authors of the article shows that sharing economy-based businesses are superior to traditional business models.  The sharing economy-based models are preeminent because of more affordable prices for tourists, better satisfaction of individual needs, opportunities to become part of the community, a more comprehensive range of services, better access to tourism services. A better quality of services also highlights the advantages of economy-based businesses. Although the study was conducted in the Lithuanian tourism sector, we can assume that the study data can be unified and applied to analyze similar markets in other countries.

scholarly journals 5.8. New model of insurance contract measurement as the factor for the improvement of the quality of financial statements

2020 ◽  
Author(s):  
М.Б. Арчакова-Ужахова
Keyword(s):  
Interest Rates ◽  
Critical Analysis ◽  
Financial Statements ◽  
Insurance Contract ◽  
Economic Environment ◽  
New Model ◽  
Insurance Contracts ◽  
Ifrs 4 ◽  
The Impact

Статья посвящена проблемам реформирования учета страховых договоров в соответствии с требованиями международных стандартов финансовой отчетности (МСФО). Прежний подход к учету предполагал отсутствие единой последовательной учетной политики в отношении страховых договоров, разрешал применять учетные практики тех стран, в которых находится эмитент страхового договора, что влекло за собой ряд проблем. Автор статьи исследовал специфику и провел критический анализ требований нового стандарта МСФО (IFRS) 17, оценил преимущества нового подхода, а также последствия внедрения и влияние стандарта на транспарентность финансовой отчетности компании-страховщика. The article deals with issues related to the problems of reformation of insurance contracts’ accounting. The existing Standard, IFRS 4, allows insurers to account differently for insurance contracts they issue, even if those contracts are similar. Further, many insurers’ financial statements lack regular updates of the value of insurance obligations to reflect the effect of changes in the economic environment, such as changes in interest rates and risks. The author of the research has made critical analysis of requirements of the new standard, measured the impact of new rules at the transparency of financial statements.

scholarly journals Medios tradicionales: abrirse al mundo digital o sucumbir

2021 ◽  
Vol 12 (1) ◽  
pp. 101-113
Author(s):  
Diego Montalván ◽  
Jorge Galán
Keyword(s):  
Digital Media ◽  
Quantitative Research ◽  
Business Models ◽  
Financial Statements ◽  
Radio Station ◽  
The Internet ◽  
Economic Decline ◽  
In The Beginning ◽  
The Impact ◽  
New Strategies

This inductive study emphasizes the impact that the penetration of the internet and social networks has had on the Ecuadorian media; In addition, it makes a historical recount, reviews recent indicators on the Ecuadorian radio, television and press, and takes as a reference four cases from Cuenca, Ecuador: the newspapers El Mercurio and El Tiempo, and the Modulated Amplitude, radio station Ondas Azuayas and La Voz del Tomebamba. The financial statements of these four companies show the economic decline between 2009 and 2019, and the results of a quantitative research, through a survey applied in November 2020 to 405 people, show the growing preference of users of digital media. that confirms the crisis of the traditional press. The analysis also raises the need to implement adjustments in business models, introduce new strategies and content to report, review the training of journalists in training and evaluate in the future the news ventures that have arisen in the beginning of the second decade of the second millennium.

ANALISIS RASIO UNTUK MENGUKUR KINERJA KEUANGAN PERUSAHAAN (STUDI KASUS PADA PT MEKAR KARYA PRATAMA)

2019 ◽  
Vol 9 (1B) ◽  
pp. 15
Author(s):  
Rizki Ahmad Fauzi
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
Corporate Activity ◽  
Significant Change ◽  
Overall Ratio ◽  
The Impact ◽  
Solvency Ratio

Based on the results of the analysis of the ratio of the financial statements can be seen from liquidity ratio in 2010 can already be said to be liquid and in 2011 occurred very significant increase in this ratio that makes the company's liquidity to be too high. Judging from the solvency ratio, in 2010 the company could not be said solvable because the value of this ratio is still quite high. However, in 2011 this ratio decreased significantly which shows that the company can already be said to be solvable. From the ratio of the activity, in 2010 and 2011 the ratio of corporate activity can already be said to be good. Despite the decrease from 2010 to 2011 on some of these ratios, but the overall ratio of activity of the company is good enough. Judging from the ratio of profitability, in 2010 and 2011 the profitability of the company can not be said to be good because it is still very low and no significant change from the year 2010 to the year 2011 for this ratio.The overall financial performance of PT Mekar Karya Pratama from year 2010 to year 2011 can be said to be good, although there are some things that must be considered and they should be repaired as liquidity is too high which causes the idle funds and the impact on the profitability is low. Keyword:Rasio Analysis

Contact precautions for colonisation with multidrug-resistant organisms and haemodialysis patient quality of life and mood: a pilot case-control study

2019 ◽  
pp. 19-25 ◽  
Author(s):  
Rathika Krishnasamy
Keyword(s):  
Quality Of Life ◽  
Qualitative Interviews ◽  
Social Function ◽  
Multidrug Resistant ◽  
Contact Precautions ◽  
Dialysis Vintage ◽  
Multidrug Resistant Organisms ◽  
And Gender ◽  
The Impact

Background: The rate of multidrug-resistant organisms (MDRO) colonisation in dialysis populations has increased over time. This study aimed to assess the effect of contact precautions and isolation on quality of life and mood for haemodialysis (HD) patients colonised with MDRO. Methods: Patients undergoing facility HD completed the Kidney Disease Quality of Life (KDQOL–SFTM), Beck Depression Inventory (BDI) and Personal Wellbeing-Index Adult (PWI-A). Patients colonised with MDRO were case-matched by age and gender with patients not colonised. Results: A total of 16 MDRO-colonised patients were matched with 16 controls. Groups were well matched for demographics and co-morbidities, other than a trend for older dialysis vintage in the MDRO group [7.2 years (interquartile range 4.6–10.0) compared to 3.2 (1.4–7.6) years, p=0.05]. Comparing MDRO-positive with negative patients, physical (30.5±10.7 vs. 34.6±7.3; p=0.2) and mental (46.5±11.2 vs. 48.5±12.5; p = 0.6) composite scores were not different between groups. The MDRO group reported poorer sleep quality (p=0.01) and sleep patterns (p=0.05), and lower social function (p=0.02). BDI scores were similar (MDRO-positive 10(3.5–21.0) vs. MDRO-negative 12(6.5–16.0), p=0.6). PWI-A scores were also similar in both groups; however, MDRO patients reported lower scores for “feeling safe”, p=0.03. Conclusion: While overall scores of quality of life and depression were similar between groups, the MDRO group reported poorer outcomes in sleep and social function. A larger cohort and qualitative interviews may give more detail of the impact of contact precautions and isolation on HD patients. The necessity for contact precautions for different MDRO needs consideration.

Influence of social networks on business processes’ development

2020 ◽  
Vol 19 (12) ◽  
pp. 2225-2252
Author(s):  
E.V. Popov ◽  
V.L. Simonova ◽  
O.V. Komarova ◽  
S.S. Kaigorodova
Keyword(s):  
Social Networks ◽  
Social Media ◽  
Business Models ◽  
Business Processes ◽  
Digital Economy ◽  
Theoretical Understanding ◽  
Sales Channels ◽  
A Value ◽  
The Impact

Subject. The emergence of new ways of interaction between sellers and buyers, the formation of new sales channels and product promotion based on the use of digital economy tools is at the heart of improving the business processes. Social networks became a tool for development; their rapid growth necessitates theoretical understanding and identification of potential application in enterprise's business process digitalization. Objectives. We explore the role of social media in the digitalization of business processes, systematize the impact of social networks on business processes of enterprises in the digital economy. Methods. The theoretical and methodological analysis of social networks as a tool for digitalization of company's business processes rests on the content analysis of domestic and foreign scientific studies, comparison, generalization and systematization. Results. We highlight the key effects of the impact of social networks on the business processes of the company; show that the digitalization of business processes should be considered in the context of a value-based approach, aimed at creating a value through the algorithmization of company operations. We determine that social networks are one of the most important tools for digitalization of company's business processes, as they have a high organizational and management potential. We also systematize the effects of social media on company's business processes. Conclusions. We present theoretical provisions of the impact of social networks on business processes of enterprises, which will enable to model and organize ideas about the development of digital ecosystems and the formation of business models.

Particularities of the independent auditor's report on reliability of accounting (financial) statements for 2019: COVID-19 as qualitatively essential information (Part 2)

2020 ◽  
Vol 23 (7) ◽  
pp. 777-799
Author(s):  
O.I. Shvyreva ◽  
Z.I. Kruglyak ◽  
A.V. Petukh
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Economic Situation ◽  
Risk Disclosure ◽  
Essential Information ◽  
Logical Method ◽  
Annual Reporting ◽  
The Face ◽  
Key Aspects ◽  
The Impact

Subject. This article discusses the issues related to the practice of financial reporting in the face of uncertainties caused by the coronavirus contagion, as well as the specifics of the audit strategy and formation of an audit opinion on this reporting. Objectives. The article aims to identify the quality characteristics of financial reporting prepared in the context of the COVID-19 pandemic and justify the key aspects of assurance engagement completion in an extremely uncertain epidemiological and economic situation. Methods. For the study, we used an abstract-logical method, content analysis techniques, systematization, and classification. Results. Analyzing the impact of the extremely uncertain epidemiological and economic situation on financial statements, the article clarifies aspects of disclosure of events after the reporting date and threats to business continuity in the annual reporting of economic entities. The article identifies possible alternative procedures and algorithms to obtain proper evidence when it is insufficient in the face of the inability to meet certain audit standards requirements in a remote audit environment. The article defines the impact of COVID-19 risk disclosure on the structure of the audit report and opinion. Relevance. The results of the study can be used in the practical activities of economic entities that prepare financial statements in the face of significant uncertainty, as well as auditors and audit organizations.

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