scholarly journals ASSESSMENT OF INVESTMENT RISKS OF AN INDUSTRIAL ENTERPRISE

2021 ◽  
Vol 5 (40) ◽  
pp. 429-436
Author(s):  
T. Beridze ◽  
Z. Baranik ◽  
І. Dashko ◽  
O. Hamova ◽  
S. Tkachenko
Keyword(s):  
Mathematical Modeling ◽  
Financial Risk ◽  
Jel Classification ◽  
Industrial Enterprise ◽  
Financial Resources ◽  
Enterprise Management ◽  
Mathematical Methods ◽  
Economic Management ◽  
Managerial Decision ◽  
Suggested Approach

Abstract. The article aims to investigate special aspects of investment risks and determine appropriate methods of assessment in the process of economic activity of enterprises. There has been formed a scientific and practical approach to economic and mathematical modeling based on minimizing risk of the investment portfolio aimed at effective managerial decision-making. Modern methods of economic management are largely based on application of economic and mathematical methods, namely modeling. The investment process is associated with risks. Instability in development of modern economy results in mistakes in making decisions on enterprise management. This is primarily due to distribution of financial resources of enterprises. As a result, this leads to financial risk in distribution of finances. Scientific developments determine topicality and need for further research into specifics of investing for enterprises with appropriate risk assessment. The article presents statement of the problem and its consistent solutionin the form of implementation of the appropriate algorithm to adjust its value. There is suggested and solved the problem of forming a financial portfolio on the basis of minimization of financial risk and corresponding losses. This enables effective distribution of financial resources of an enterprise. To maintain a stable portfolio structure, it is advisable to minimized is persion at restrictions imposed on the amount of investment and the profitability rate. The analysis of the obtained results of economic and mathematical modeling on the basis of static data on the activity of the industrial enterprise «Zaporizhstal» confirmed effectiveness of the suggested approach, this enabling scaling the portfolio value down. It is proved that profit ability of the portfolio can not exceed profitability of the most profitable security (share) included in the portfolio; it is always necessary to choose between profitability increase and risk reduction. Keywords: risk, investments, portfolio, model, enterprise, profitability JEL Classification C19, D29 Formulas: 25; fig.: 1; tabl.: 2; bibl.: 17.

scholarly journals Fractal Asset Pricing Models for Financial Risk Management

2019 ◽  
Vol 23 (6) ◽  
pp. 117-130
Author(s):  
I. Z. Yarygina ◽  
V. B. Gisin ◽  
B. A. Putko
Keyword(s):  
Mathematical Modeling ◽  
Risk Management ◽  
Asset Pricing ◽  
Financial Risk ◽  
Price Dynamics ◽  
Financial Risks ◽  
Mathematical Methods ◽  
Pricing Models ◽  
Financial Risk Management ◽  
Business Entities

The article presents the analysis findings of the problems and prospects of using the fractal markets theory to mathematically predict the price dynamics of assets as part of a financial risk management strategy. The aim of the article is to find out the features of value of bank assets and to develop recommendations for assessing financial risks based on mathematical methods for forecasting economic processes. Theoretical and empirical research methods were used to achieve the aim. The article reveals the features of mathematical modeling of economic processes related to asset pricing in a volatile market. It was proved that using financial mathematics in banking contributes to the stable development of the economy. Mathematical modeling of the price dynamics of financial assets is based on a substantive hypothesis and supported by an adequate apparatus of fractal pair pricing models in order to reveal specific market relations of business entities. According to the authors, the prospects of using forecast models to minimize the financial risks of derivative financial instruments are positive. The authors concluded that the considered methods contribute to managing financial risks and improving forecasts, including operations with derivatives. Besides, the studied fractal volatility parameters proved the predictive power regarding extreme events in financial markets, such as the bankruptcy of Lehman Brothers investment bank in 2008. The relevance of the article is due to the fact that the favorable investment climate and the use of modern financing methods largely depend on the effective financial risk management.

Economic-Mathematical Modeling in the Enterprise Management System

2018 ◽  
pp. 122-131
Author(s):  
Vyacheslav Danilin ◽  
◽  
Andrey Pleshchynski ◽  
Alexander Stavchikov ◽  
Dmitry Zhdanov ◽  
...  
Keyword(s):  
Mathematical Modeling ◽  
Management System ◽  
Enterprise Management ◽  
Enterprise Management System

INCREASING THE EFFICIENCY OF MANAGERIAL DECISION THROUGH THE IMPLEMENTATION OF A BUILT-IN QUALITY SYSTEM

2020 ◽  
Vol 1 (11) ◽  
pp. 54-59
Author(s):  
E. S. GUROVA ◽  
◽  
E. P. ZNAMENSKAYA ◽  
Keyword(s):  
Quality Management ◽  
Management System ◽  
Quality System ◽  
Enterprise Management ◽  
Management Decision ◽  
Managerial Decision ◽  
High Quality ◽  
Supporting System ◽  
Enterprise Management System

The article considers one of the important criteria for improving the enterprise management system – making a high-quality management decision. This criterion affects the development of the organization's management system. The proposed method, using the implementation of the built-in quality system, will increase the number of high-quality decisions made, increase the ability of the management system to adapt to external changes, and contribute to the formation of a self-supporting system by using the internal reserves of the organization.

CLASSIFICATION OF PRODUCTION RISKS OF AN INDUSTRIAL ENTERPRISE

2021 ◽  
pp. 26-30
Author(s):  
V. F. Bezjazychnyi ◽  
E. V. Kiselev ◽  
V. A. Troshkin
Keyword(s):  
Risk Management ◽  
Management System ◽  
Industrial Enterprise ◽  
Management Systems ◽  
Enterprise Management ◽  
Industrial Enterprises ◽  
Main Production ◽  
Enterprise Management System ◽  
Production Risks

Improvement of modern management systems for industrial enterprises involves the active use of risk management methods that are accompanied by their activities. Issues of production risks and their place in the General enterprise management system are discussed in the article. There is a classification of the main production risks and possible risk management methods applicable in the activities of an industrial enterprise.

Development of an Approach to the Formation of a Portfolio of Innovative Projects of an Industrial Enterprise

2021 ◽  
pp. 4-11
Author(s):  
Irina Domozhirova ◽  
E. Mihaleva
Keyword(s):  
Decision Making ◽  
Management Practice ◽  
Industrial Enterprise ◽  
Successful Implementation ◽  
Innovative Development ◽  
Managerial Decision ◽  
Management Activity ◽  
Managerial Decision Making ◽  
Content Organization ◽  
Selection Of

The article is devoted to the issues of increasing the efficiency of innovative activity of an industrial enterprise, which ensures the implementation of the formed portfolio of innovative projects. Innovative development of economic entities is possible if new requirements to the content, organization, forms and methods of management activity are met [1], which means that tools for monitoring the innovative development of an industrial enterprise, methods for assessing innovative opportunities and the effectiveness of managerial decision-making in innovation are needed [3]. To solve this problem, it is proposed to use the algorithm presented in the article for the formation of a portfolio of innovative projects of an industrial enterprise, including the developed methodology for their selection according to efficiency and feasibility indicators, the use of which in management practice makes it possible to make a reasonable assessment of the possibility of successful implementation of these projects and ensure an increase in the probability of achieving a positive result. The selection of innovative projects according to efficiency and feasibility indicators for PJSC "CADVI" was carried out and a portfolio of innovative projects for this enterprise was formed.

scholarly journals AUTOMATED MODELING AND FORECASTING SYSTEM OF ENTERPRISE ACTIVITIES

2021 ◽  
Vol 23 ◽  
pp. 20-26
Author(s):  
A. Khariv ◽  
A. Lagun
Keyword(s):  
Mathematical Modelling ◽  
Mathematical Models ◽  
Computer Technology ◽  
Rapid Development ◽  
Computing Methods ◽  
Automated System ◽  
Enterprise Management ◽  
Mathematical Methods ◽  
The Future ◽  
Modelling And Forecasting

Introduction. Mathematical methods and models are an effective tool for studying complex economic systems at different levels of enterprise management. Economic mathematical modelling is actively developing not only as a scien-tific field but also as a means of substantiating management decisions in business, in the analysis and forecasting of socio-economic processes and phenomena. In the arsenal of economic and mathematical modelling now are using- modern computing methods and computer technology. Libraries of economic and mathematical models are an integral part of the architecture of decision support systems in specific areas of the economy. The rapid development of computer technology stimulates the emergence and formation of new theoretical volumes and applied areas of modelling.Purpose. Like any large and complex field of knowledge, mathematical modelling is evolving in different direc-tions, acquiring new flexible research methods. Therefore, based on new hardware, technology and software platforms it is necessary to create new information systems using economic and mathematical models in particular for forecasting of enterprise activities.Results. The article analyses the methods of modelling and forecasting the enterprise, considers the principles of software design. Using systems analysis, the design problem was analytically divided into parts. Also were investigated the connections and relationships between these parts, in particular, were implemented the problem tree and the goal tree. Implemented business process modelling performs based on created structural-logical diagrams, namely the IDEF0 dia-gram, which helps to visually display data and information that affect software development, a server part, input data and users. Using the results of research, the authors developed an automated information system for modelling and forecasting the activities of the enterprise, which uses models of Holt, Brown, exponential smoothing and Box-Jenkins for modelling. Part of the developed system is a designed software product that implements the objectives of the research. The obtained program results allow creating a clear forecast of the future activities of the enterprise.Conclusions. Based on the built graphs of modelling and forecasting of the Cisco Systems company financial activity with using of the developed automated system, we established that the Brown model is the best for providing educational sampling and a forecast of activity. The development of the automated system in the future involves the expansion of functionality, improvement and increasing of quality, as well as the creation of powerful analytics for more detailed forecasting.

scholarly journals Improvement of Financial Standing of Enterprise by Means of Sourcing Maneuver Model Application

2018 ◽  
pp. 29-33
Keyword(s):  
Financial Stability ◽  
Raw Materials ◽  
Scientific Work ◽  
Industrial Enterprise ◽  
Distribution Model ◽  
Enterprise Management ◽  
Business Climate ◽  
Industrial Enterprises ◽  
Managerial Decisions ◽  
Use Of Resources

The most important characteristic of the economic activity of an industrial enterprise is the level of its financial standing. The higher this level, the more attractive is the company for shareholders, banks, service, raw materials and components buyers and suppliers, the more competitive its products are. In recent years, we have seen an unfavorable business climate both in Russia and around the world, which, on the one hand, forces some companies to cut costs or completely withdraw from the market, and on the other, it fosters companies’ attention to creative function, and not only in relation to the products being created, but also to the enterprise management model, the distribution and use of resources. In this connection, the possibility of using sourcing’s technologies in the issue of improving the financial stability of an industrial enterprise through the restructuring of its distribution model and the use of resources is of interest. To achieve this goal, we have used the sourcing’s maneuver model "higher utilization of production areas by providing outsourcing services". The development of proposals for improving the financial standing of the enterprise was carried out through the application of the "direct-hosting" system. In the present work, the authors developed proposals for improving the financial standing of an industrial enterprise through the application of the sourcing’s maneuver model. The results of this work can be useful for further scientific research in the field of economy of sourcing and development of the "direct-hosting" system. They can also be useful for managers of financial and economic units of large industrial enterprises. The developed proposals for improving the financial standing of an industrial enterprise through sorsing maneuver suggest the prospect of further scientific work in the field of forming methodological approaches for making managerial decisions.

scholarly journals THEORETICAL AND METHODOLOGICAL APPROACHES TO EVALUATION OF INVESTMENT ATTRACTIVENESS OF REGIONS OF UKRAINE

2021 ◽  
Author(s):  
Liudmyla Sokolova ◽  
Anita Lytvynova
Keyword(s):  
Mathematical Modeling ◽  
Public Administration ◽  
External Environment ◽  
Comparative Assessment ◽  
Financial Resources ◽  
Its Regions ◽  
Methodological Approaches ◽  
Statistical Indicators ◽  
Integral Indicator

Currently, when the Ukrainian economy is developing in an unstable, uncertain, aggressive, dynamic external environment, there is an urgent need to increase the level of investment attractiveness of each region of the country and, as a consequence, the need to increase attention to scientific and methodological support for assessing the integral indicator of investment attractiveness region. In connection with the decentralization of public administration in Ukraine, the role of local authorities in improving the socio-economic situation of its regions is increasing. In the context of real limited financial resources in the country, the problem of increasing the level of investment attractiveness of each region is becoming urgent as a characteristic that allows active investors to form an idea of the state of potential investment objects, as well as ensuring the reliability of obtaining the expected results. It should be noted that the choice of assessment indicators is subjective and depends on the goal of the investor. Such a format for solving this problem requires an assessment of the investment attractiveness of regions based on economic and mathematical modeling. Although there are many developments in this area, today there is no single effective method for assessing the investment attractiveness of the region. The work reveals the essence of the concept of investment attractiveness of a region, defines the methodological provisions of its assessment, the implementation of which requires the use of certain data from official regional statistics. Based on the basic local statistical indicators of the Kharkov, Kiev and Odessa regions of the country, a comparative assessment of their investment attractiveness was carried out. The methodological approaches and parameters determining the investment attractiveness of the regions of Ukraine have been analyzed. The information on the level of investment attractiveness of Kharkiv, Kiev and Odessa regions in 2019 has been systematised, the integral indicator of its evaluation has been defined. In the future, it is recommended to calculate the integral indicator of investment attractiveness for all regions of the country in dynamics.

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