scholarly journals THE FINANCIAL PROBLEMS OF COMMERCIAL ACTIVITIES OF LATGALE PLANNING REGION DURING THE PERIOD OF THE YEARS 2006 – 2011

2013 ◽  
Vol 1 (5) ◽  
pp. 63
Author(s):  
Biruta Garanča
Keyword(s):  
Financial Problems ◽  
Traditional Methods ◽  
Financial Situation ◽  
Commercial Activities ◽  
Financial Lever ◽  
Financial Profitability ◽  
Numerical Expression

There has been carried out the analysis of the financial situation of the commercial activities of Latgale planning region in comparison with the financial situation in Latvia in general during the period of the years 2006 – 2011. The analysis was based on the methodology of the analysis of finance worked out by the author, which in comparison with the traditional methods has been supplemented with the indexes of financial lever impact, and which included the analysis of the factors having impact on profitability. There have been calculated the numerical expression of factors, which had impact on the commercial, economic and financial profitability of the commercial activities of Latgale. As a result of the analysis the chief problems for the improvement of the commercial situation in Latgale have been identified.

scholarly journals ANALYSIS OF THE FINANCIAL INDEXES OF THE COMMERCIAL COMPANY AND THE FACTORS EXERTING INFLUENCE ON IT AND ITS COHERENCE

2013 ◽  
Vol 1 (5) ◽  
pp. 51
Author(s):  
Biruta Garanča
Keyword(s):  
Financial Analysis ◽  
Factors Influencing ◽  
Percentage Points ◽  
Basic Activity ◽  
Commercial Company ◽  
Financial Lever ◽  
The Impact ◽  
Financial Profitability

The analysis of the chief financial indexes (profitability, assets turnover, the capital structures and liquidities) has been supplemented with indexes of the effect of the profitability of the basic activity and the financial lever impact and the factors resulting from them, which exert influence on commercial and financial profitability. The impact of the factors upon commercial, economic and financial profitability is expressed in percentage and percentage points. By arranging the indexes of the financial analysis and the factors influencing them in certain coherence, one can clearly evaluate the impact of the factors upon the profitability indexes.

Financial Problems of USA and their Influence on Global Processes in Forex Sphere

2011 ◽  
pp. 3-10
Author(s):  
S. Chebanov
Keyword(s):  
United States ◽  
World Economy ◽  
The United States ◽  
Situation Analysis ◽  
Medium Term ◽  
Financial Problems ◽  
Financial Situation ◽  
The World ◽  
Us Dollar

The publication presents materials of the situation analysis “On peculiarities of current financial situation in the United States and prospects of US dollar” held by IMEMO. The purpose of the analysis is to consider possible options for development of the financial situation in the United States in the medium term, to explore the positions of other countries – leaders of the world economy relative to the American financial problems and their influence on global processes, to make proposals on how to reduce the likely and/or hypothetical risks in this area for Russia.

scholarly journals Financial Problems Faced by Handloom Weavers in Chendamangalam Cooperative Society

2020 ◽  
Vol 8 (5) ◽  
pp. 226-230
Keyword(s):  
Textile Industry ◽  
Government Support ◽  
Financial Problems ◽  
Financial Situation ◽  
Agriculture Sector ◽  
Cooperative Society ◽  
The Government ◽  
Woven Textile ◽  
Very High

Handloom sector, the second largest employment provider in the country after agriculture sector, is depending over 16 million weavers and they were chosen this century old traditional hand woven textile industry as their livelihood. Because of the unique traditional designs and quality of the hand crafted artifacts, the popularity and its demand is very high both nationally and internationally. This study is mainly concentrated on Chendamangalam handloom cooperative society in Ernakulam district. This study focuses on the various financial problems faced by the handloom weavers in Chendamangalam handloom cooperative society as well as the schemes available from the government. From the study it was found that the weavers are not satisfied with their financial rewards from this special skilled job, as they received only meagre income. They also received lack of support from the government in this regard. Because of meagre income and lack of government support, no one is ready to enter in this field of weaving, the study found. Since the handloom sector is one among the contributors of the Indian economy, their existence is inevitable and the government should take necessary measures to improve their current financial situation for the survival of the industry.

Addressing financial toxicity in urologic oncology patients.

2021 ◽  
Vol 39 (6_suppl) ◽  
pp. 170-170
Author(s):  
Divya Ahuja Parikh ◽  
Sandy Srinivas ◽  
Elizabeth Kerr ◽  
Manali I. Patel
Keyword(s):  
Bladder Cancer ◽  
Patient Satisfaction ◽  
Cancer Patients ◽  
Financial Burden ◽  
Financial Toxicity ◽  
Post Intervention ◽  
Financial Problems ◽  
Oncology Patients ◽  
Urologic Oncology ◽  
Financial Situation

170 Background: Financial toxicity, or the financial burden related to cancer care, is a source of distress for urologic oncology patients. This study aimed to address financial toxicity among prostate, kidney and bladder cancer patients and test the feasibility of a lay-health worker (LHW) and social work (SW) driven intervention. Methods: LHW assessed financial burden in urologic oncology patients with advanced cancer who presented for return visits at a single academic center. The LHW collected responses to three statements on a Likert scale – “I worry about the financial problems I will have in the future because of my illness or treatment”, “My cancer or treatment has reduced satisfaction with my present financial situation”, and “I feel financially stressed”. Patients who responded, “Very much” (4) or “Quite a bit” (3) to all statements were offered a one-on-one consultation with a trained SW. The SW provided personalized recommendations after review of patients' financial information, insurance status, and out of pocket costs. SW referred patients to appropriate support services including those offered by the hospital, government, nonprofits and private corporations. Pre-specified outcomes included pre/post-intervention financial toxicity and patient satisfaction with the intervention. Results: 145 patients (67%) agreed to be screened for financial toxicity by the LHW. Most participants were White (n = 100, 69%), male (n = 130, 90%), married (n = 104, 72%) and with incomes > $100,000 (n = 111, 77%). The majority had prostate cancer (n = 87, 60%), followed by kidney cancer (n = 36, 25%) and bladder cancer (n = 22, 15%). 12% (n = 26) responded “I worry about the financial problems I will have in the future because of my illness or treatment”, “Very much” or “Quite a bit”. 14% (n = 20) responded “My cancer or treatment has reduced satisfaction with my present financial situation”, “Very much” or “Quite a bit”. 12% (n = 17) reported “I feel financially stressed”, “Very much” or “Quite a bit”. A total of 14 patients were eligible for the intervention and were referred for a one-on-one SW consultation. Post-intervention results indicated excellent patient satisfaction with the intervention and a significant improvement in financial toxicity. 100% of patients reported the SW “provided financial resources that were beneficial to me”, and 78% (n = 11) had a decrease in financial toxicity score post-intervention (average decrease = -1, p = 0.05038). Conclusions: In this single institution study of prostate, kidney and bladder cancer patients with overall low baseline financial burden a LHW and SW driven intervention was feasible and effective in reducing financial toxicity.

Accounting and tax accounting — tools for optimizing the financial condition of private medical centers

2021 ◽  
pp. 16-24
Author(s):  
Marina Georgievna Grin
Keyword(s):  
Financial Stability ◽  
Short Term ◽  
Financial Problems ◽  
Tax System ◽  
Financial Situation ◽  
Financial Position ◽  
Financial Condition ◽  
Medical Centers ◽  
Net Profit ◽  
Tax Accounting

The article reflects the peculiarities of accounting and tax accounting in domestic private medical centers, presents an analysis of their financial situation (using the example of five medical organizations in Bryansk), proposes ways to improve the financial position of commercial medical centers using a competent organization of the accounting and tax system. Accountants of these economic entities should strive to maximize net profit, increase current assets and reduce short-term liabilities, since the main financial problems of private medical centers are often the insufficient level of financial stability and solvency.

scholarly journals A Perspective on the Financial Situation in Agriculture

1986 ◽  
Vol 15 (2) ◽  
pp. 86-92
Author(s):  
John R. Brake
Keyword(s):  
Financial Problems ◽  
Financial Situation ◽  
The Future ◽  
Major Emphasis

My purpose in this presentation is to give an overview or perspective on the financial situation in U.S. agriculture. Since descriptions of the situation are generally available (Easterbrook, J. Lee, Melichar-1985, ERS-USDA, van Blokland), I'll only briefly review the problem and its roots. The major emphasis of my presentation is devoted to two areas: difficulties in addressing current financial problems of the sector, and issues which deserve consideration for the future.

scholarly journals Agency constraints and possibilities: Athletes manoeuvring between the logics of community, market, profession and corporation in their quest for individual sponsorships

2016 ◽  
Vol 53 (2) ◽  
pp. 213-233 ◽  
Author(s):  
Ulrik Wagner
Keyword(s):  
Qualitative Study ◽  
Professional Identity ◽  
Marketing Research ◽  
Institutional Logics ◽  
Endurance Sports ◽  
Financial Problems ◽  
Financial Situation ◽  
World Class

The purpose of this qualitative study is to add a sociological dimension to sponsorship research, which is otherwise dominated by marketing research. This paper analyses how world-class but often not well-paid athletes from time-consuming endurance sports like rowing and triathlon seek individual sponsorships as a strategy to improve their financial situation. With regard to theory, an institutional logics perspective is adopted in which logics both provide tools for individual actors as well as representing agency constraints. To understand how athletes cope with the encounter between sport and business, insights from micro-sociology are employed. The findings indicate that various roles are performed, that sponsorship commitment is an issue of finding a balance between ‘gameworthiness’ and integrity and that the quest for an individual sponsorship is deselected as an option by some athletes. These insights are used to sketch out the paradox of sponsorship commitment, where time-consuming sponsorship engagement as a solution to athletes’ financial problems may potentially undermine their professional identity, which is characterised by the quality of their craft – the quality that simultaneously makes the athlete a market asset.

scholarly journals Discrepancy between the default and financial distress measured by bankruptcy models

2014 ◽  
Vol 1 (1) ◽  
pp. 12
Author(s):  
Tatiana Skerlikova ◽  
Lucie Rudolfová
Keyword(s):  
Financial Markets ◽  
Financial Distress ◽  
Financial Problems ◽  
Financial Situation ◽  
Insolvency Proceedings

This paper analyzes the discrepancy between the year when a company’s financial problems begin to be measured by bankruptcy models and the year of its default, regardless of the solution (bankruptcy or reorganization). The sample of 50 companies (not traded on financial markets, chosen by turnover, with data available) has been chosen from the list of companies which underwent bankruptcy proceedings in the period 1st January 2008 – 31st August 2013. The timing of the default has been compared to the beginning of financial distress according to the chosen models and the ability of the models to predict the default has been examined. The main objective of this study is to determine how long these not traded companies postpone filling. Our objective is to find out if the companies commence insolvency proceedings in accordance with their impaired financial situation measured by the standard formulas for predicting bankruptcy or if there is any delay. We have found out that companies defer commencement of insolvency proceedings measured by bankruptcy models at least for 2 years. Moreover we conclude that even debtors are not successful with their insolvency petition at their first attempt. 

scholarly journals Managing professional footballers’ finances to avoid financial problems

2018 ◽  
Vol 8 (4) ◽  
pp. 318-334
Author(s):  
Matteo Balliauw ◽  
Tomas Van Den Spiegel
Keyword(s):  
Financial Management ◽  
Classification Model ◽  
Future Research ◽  
Sports Management ◽  
Financial Problems ◽  
Data Set ◽  
Financial Situation ◽  
Content Type ◽  
Financial Difficulties ◽  
The Individual

Purpose Academics have studied the finances of football clubs, but not the financial situation of professional football players. To fill this gap in literature, the purpose of this paper is to analyse the financial situation of individual players, the causes of financial problems and the probability of encountering financial difficulties. Design/methodology/approach A survey has been conducted of 102 players of five clubs in the Belgian first division. Based on this unique data set, a multivariate nominal logistic regression model allows the causes of financial difficulties to be identified. A derived classification model is estimated in order to predict the probability of professional players encountering financial problems. Findings About one out of four professional players is confronted with occasional financial problems. Next to the use and investment of income; personal, family and career status factors have a peculiar impact on the individual financial situation of professional sports players. Practical implications The results allow better identification of professional players likely to incur financial problems and better assisting them avoid problems. Originality/value Given the gap in the sports management literature, the findings from the econometric approach provide both researchers and practitioners with new insights into financial management issues of athletes. The findings may help athletes, their managers and club managers in their decision making. Future research can further build on these findings.

scholarly journals Diversification Synthetic Indicator for Evaluating the Financial Capacity of Local Government. The Case of Polish Voivodeships

2017 ◽  
Vol 65 (2) ◽  
pp. 611-619 ◽  
Author(s):  
Paweł Dziekański
Keyword(s):  
Side Effects ◽  
Local Government ◽  
Development Policy ◽  
Economic Downturn ◽  
Fundamental Issue ◽  
Current Management ◽  
Financial Problems ◽  
Financial Situation ◽  
Financial Capacity ◽  
Synthetic Indicator

Financial situation is a fundamental issue for the local government. Financial problems could result in insolvency that is why the analysis of financial situation is essential not only for current management, but also for the protection against side effects of economic downturn. One of the most important determinants of the development of the local government unit is its financial situation, which has an undeniable impact on the whole activities conducted by the local government. The aim of the article is to present the financial situation of the territorial self‑government – the voivodeship, and its changes in the years 2009–2014. The voivodeships which are in good financial situation are more competitive and efficient in conducting development policy. The best voivodeships in 2014 and 2011 were Mazowieckie and Dolnośląskie, in 2009 – Mazowieckie and Łódzkie; in 2014 were Lubuskie and Opolskie, in 2011 – Kujawsko‑pomorskie and Warmińsko‑mazurskie, and in 2009 – Lubuskie and Warmińsko‑mazurskie. The value of the index in 2014 fluctuated between 0.16 and 0.59, in 2011 between 0.22–0.64, and in 2009 – 0.16–0.64. The resulting measure depends on the number and type of variables taken for testing. It allows you to identify weaker areas and improved functioning of the unit, if its own position in relation to competitors. The behavior indicated methodology, and partial variables, allows the assessment of individuals between countries.

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