Influence of internal and external risks on sustainability of financial system of Аltai krai

2018 ◽  
Vol 35 (4) ◽  
pp. 133-136
Author(s):  
R. N. Ibragimov
Keyword(s):  
Sustainable Development ◽  
Financial Stability ◽  
Management Strategy ◽  
Financial System ◽  
Risk Management Strategy ◽  
The Sustainable Development ◽  
The Stability ◽  
The Impact

The article examines the impact of internal and external risks on the stability of the financial system of the Altai Territory. Classification of internal and external risks of decline, affecting the sustainable development of the financial system, is presented. A risk management strategy is proposed that will allow monitoring of risks, thereby these measures will help reduce the loss of financial stability and ensure the long-term development of the economy of the region.

scholarly journals The Demerger Impact upon Sustainable Development of Economic Entities: Evidence from Romania

2021 ◽  
Vol 13 (15) ◽  
pp. 8316
Author(s):  
Camelia Mirela Baba ◽  
Constantin Duguleană ◽  
Marius Sorin Dincă ◽  
Liliana Duguleană ◽  
Gheorghița Dincă
Keyword(s):  
Sustainable Development ◽  
Business Strategies ◽  
The Sustainable Development ◽  
Ex Post ◽  
Before And After ◽  
Almost All ◽  
The Impact ◽  
Profitability Ratios ◽  
Positive Effect

The Covid-19 induced economic crisis has significantly affected almost all businesses from nearly every sector, causing severe financial problems, lack of cash assets, and decrease of revenues. In this context, the economic entities were forced to look for adjustment and rescue solutions of their activities. One possible solution for the recovery and reorganization of economic entities’ activities is demerger. This paper evaluates the impact of demerger upon the sustainable development of economic entities in terms of economic efficiency and financial performances. To achieve this goal, a statistical analysis of profitability ratios before and after the demerger, as well as a structural analysis of 268 demerger projects for the April 2012–April 2021 period, were performed. The results attest there are no significant differences between the ex-ante and ex-post financial performances. However, demerger seems to have a positive effect upon analyzed companies helping them to overcome economic hardships, rethink their business strategies, and continue their activity in the medium and long-term time horizon.

Approaches to Determining the Financial Sustainability of the Region

2018 ◽  
Vol 6 (5) ◽  
pp. 50-53
Author(s):  
Рашад Ибрагимов ◽  
Rashad Ibragimov
Keyword(s):  
Sustainable Development ◽  
Financial Stability ◽  
System Approach ◽  
Regional Economy ◽  
Financial Sustainability ◽  
The Sustainable Development ◽  
Qualitative And Quantitative ◽  
Definition Of ◽  
Regional Authorities

The article examines the approaches to determining the financial stability of the region, which reveals the main essence of financial stability. Guided by the experience of leading researchers, the key determinations of financial sustainability and their factors based on which it is possible to prevent its crisis situations are explored. The article describes the methods of the system approach to the definition of financial stability, which reveal the signs of financial stability. The main groups of factors that affect the financial stability of the region are identified. Based on the conducted research, qualitative and quantitative parameters of financial stability factors that determine the sustainable development of the financial system are revealed. The results of the research have a practical value of research, which in the long term can be used by regional authorities to develop a strategy for sustainable development of the regional economy.

scholarly journals Theoretical and Empirical Research on The Analysis and The Assessment of The Stability of National Financial Systems. Romania’s Experience

2017 ◽  
Vol 23 (2) ◽  
pp. 124-129
Author(s):  
Leontin Stanciu ◽  
Liliana-Mioara Stanciu
Keyword(s):  
Sustainable Development ◽  
Empirical Research ◽  
National Economy ◽  
Financial Stability ◽  
Central Banks ◽  
The Other ◽  
Financial Systems ◽  
The Sustainable Development ◽  
Regulatory Authorities ◽  
The Stability

Abstract The stability of the financial systems is an objective necessity for the sustainable development of each national economy. Within this framework, ensuring financial stability is a priority for the central banks and for the other macro-prudential supervisory and regulatory authorities. In order to ensure the stability and "the health" of the national financial system, the competent authorities should analyze, assess and adopt optimal and timely measures to eliminate potential imbalances. These and other aspects are the main objectives of our research.

scholarly journals Classification of Ecotourism Objects and its Perspective in Azerbaijan

2020 ◽  
Vol 2020 (1) ◽  
pp. 130-138 ◽  
Author(s):  
H. Khalilov
Keyword(s):  
Sustainable Development ◽  
Cultural Heritage ◽  
Natural Resources ◽  
Present Article ◽  
Local History ◽  
Material Objects ◽  
The Sustainable Development ◽  
Depth Study

Ecotourism is an important sector of tourism. The present article introduces a classification of its material and non-material objects. They are natural, anthropogenic, and fossil-anthropogenic monuments, which serve as information transmitters, and thereby play a significant role for local history. Objects of ecotourism are unique, attractive, and aesthetically appealing sights and samples of cultural heritage that stimulate ecotourism and the sustainable development of the region. The paradigm of ecotourism is modern, promising, profitable, and environmentally friendly. It presupposes a thorough in-depth study of its objects, as well as their development and classification. Azerbaijan boasts a considerable variety of physical and geographical conditions. This territory possesses both natural resources and the cultural heritage. Therefore, the country demonstrates a huge long-term potential for ecotourism.

scholarly journals The impact of tourist flows on the sustainable development of a tourist destination

2021 ◽  
Vol 937 (4) ◽  
pp. 042031
Author(s):  
A Kopyrin ◽  
E Vidishcheva
Keyword(s):  
Sustainable Development ◽  
Additional Data ◽  
Decision Makers ◽  
The Sustainable Development ◽  
Tourism Sector ◽  
Tourist Flows ◽  
Expert Assessments ◽  
The Impact

Abstract The development of the economy’s tourism sector is one of the priority tasks set by the leadership of the Krasnodar Territory and Russian Federation. Thus, the construction of a model of the impact of tourist flows on the sustainability of the destination is very relevant. The authors developed a simulation model of the impact of tourist flows on the sustainable development of destination. The weighted net savings indicator was used as a measure of sustainability. This model can be further used in predicting the development of the studied sector of the economy. Using the developed tool for medium- and long-term planning will provide additional data to decision makers, reducing uncertainty, and thus improving the quality of management. The accuracy of the model is based entirely on publicly available statistics and expert assessments.

The Sustainable Development Goals and Multilateral Agreements

2017 ◽  
Author(s):  
Arild Underdal ◽  
Rakhyun E. Kim
Keyword(s):  
Sustainable Development ◽  
Goal Setting ◽  
Global Governance ◽  
Sustainable Development Goals ◽  
Governance System ◽  
The Sustainable Development ◽  
Development Goals ◽  
Overall Performance ◽  
The Impact

This chapter explores goal setting, as exemplified by the Sustainable Development Goals, as a governance strategy for reforming or rearranging existing international agreements and organizations so as to enhance their overall performance in promoting sustainable development. It discusses the political and entrepreneurial challenges peculiar to bringing existing international institutions into line, and identifies the conditions under which goal setting could be an effective tool for orchestration. The chapter concludes that, because of their ecumenical diversity and soft priorities, the Sustainable Development Goals are not likely to serve as effective instruments for fostering convergence. The 2030 Agenda for Sustainable Development provides neither an overarching norm that can serve as a platform for more specific goals nor an integrating vision of what long-term sustainable development in the Anthropocene means. In the absence of such an overarching principle and vision, the impact of the Sustainable Development Goals on global governance will likely materialize primarily as spurring some further clustering of existing regimes and organizations within crowded policy domains. The Sustainable Development Goals cannot be expected to generate major architectural reforms that will significantly reduce the fragmentation of the global governance system at large.

The Risk of Insolvency and its Impact on Romanian Banks

2016 ◽  
Vol 7 (2) ◽  
pp. 97-104
Author(s):  
Elena Violeta Drăgoi ◽  
Larisa Elena Preda
Keyword(s):  
Sustainable Development ◽  
Banking System ◽  
Capital Adequacy ◽  
Beneficial Effects ◽  
The Stability ◽  
The Impact

Abstract The new regulations on capital adequacy aimed to strengthen the stability of financial and banking system because a stable banking system contributes to assure a sustainable development with long term beneficial effects on economy. This article represents a review of the impact on new higher standards for Romanian banks regarding capital adequacy.

scholarly journals SHORT-TERM DEBT OF THE CORPORATE SECTOR AND ITS IMPACT ON THE STABILITY OF THE FINANCIAL SYSTEM OF UKRAINE

2021 ◽  
Vol 2021 (2) ◽  
pp. 69-84
Author(s):  
Vladyslav Zymovets ◽  
◽  
Galina Yershova ◽  
◽  
Keyword(s):  
Financial Stability ◽  
Foreign Exchange Market ◽  
Financial System ◽  
Aggregate Level ◽  
Corporate Sector ◽  
Short Term ◽  
Accounts Payable ◽  
The Stability ◽  
Business Financing

The article deals with the economic essence of accounts payable. It is determined that in the process of deformations in the structure of business capital, it acquires the characteristics of a surrogate source of business financing, which in turn creates risks for the stability of Ukraine’s financial system. The authors describe the main trends in the dynamics and structure of accounts payable and define its impact on the growth of debt burden of non-financial corporations in Ukraine at the aggregate level. A comparison of the volume and growth rates of accounts payable in Ukraine and the EU countries is made, which allows to confirm the hypothesis of the introduction of a distorted model of business financing in Ukraine’s corporate sector. The authors point out that one of the reasons for the abnormally high debt dependence in the NFC sector at the aggregate level is the replacement of equity with other current liabilities (including financial loans from associated physical and legal entities), which allowed to establish such a flexible capital structure, which can help rapidly withdraw assets abroad in the event of macro-financial destabilization or other threats of capital loss related to the insecurity of property rights and the prevalence of fiscal voluntarism in Ukraine. The authors conclude that with the overload of balance sheets with short-term debts against the background of a significant reduction in equity leads to a rapid loss of financial stability. At the same time, under the influence of restrictions on activities and other concomitant barriers to doing business due to the global coronavirus pandemic, the financial depletion of the non-financial corporations sector could lead to a wave of corporate bankruptcies. It is concluded that under the influence of narrowing business access to capital in the financial market there is a rapid increase in lending to domestic business by nonresidents, which gives grounds to conclude that in this way domestic business lends itself, using funds previously withdrawn abroad. Further development of these trends not only can be a catalyst for financial imbalances at the level of individual enterprises, but can also provoke a crisis in the foreign exchange market. The authors substantiate that one of the ways to reduce the volume of current debt obligations is to assist the government in transforming the companies’ short-term liabilities into long-term ones. This can be done by converting the companies’ current liabilities into long-term bonds on a voluntary basis using simplified procedures for registration of their issue, and by registering current liabilities to suppliers (for goods and services) as long-term promissory notes.

scholarly journals ANALYSIS OF CONTEMPORARY POLICY IN THE FIELD OF SUSTAINABLE DEVELOPMENT OF ECONOMIC ENTITIES

2019 ◽  
Vol 7 (2) ◽  
pp. 76-80
Author(s):  
Вера Сорокина ◽  
Vera Sorokina ◽  
Виктор Шнайдер ◽  
Viktor Shnayder ◽  
Александр Данилов ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Business Processes ◽  
Business Community ◽  
The Sustainable Development ◽  
Economic Entity ◽  
Stage Of Development ◽  
Environmental Objectives ◽  
High Level ◽  
The Impact

The article analyzes the current sustainable development policies of economic entities. At the present stage of development of society, economic relations between the participants of business processes as a prerogative in relations highlight the long-term cooperation, which is aimed at sustainable development. To date, the sustainability of the development of economic entities of any field of activity is given great attention. This is due primarily to changes in legislation, resource-boundness, rising prices for natural resources, requirements for the implementation of social and environmental objectives, and competitive advantages. Therefore, the introduction of the principles of sustainable development into business processes determines the need for a comprehensive assessment of the formation of the sustainable development policy of any economic entity. The relevance of issues of sustainable development of economic entities is indisputable, since the sustainability of development affects the investment attractiveness of economic entities and their interaction with stakeholders whose demands are directed to the environmental, social, economic aspect of the economic entity. Accordingly, an economic entity with transparency in this regard will be of greater interest to potential stakeholders, which will significantly affect the financial component of any Russian business entity. A balanced and effective policy leads to the reduction of all possible risks, strengthening competitiveness, increasing the efficiency of employees and customer loyalty, improving the reputation of the business community as a whole and the long-term functioning of an economic entity. Achieving a high level of sustainability is possible when delivering sound goals through planning, productive work with stakeholders and the implementation of successive activities in key areas of activity, namely: interaction with staff, with the business community, with society and the state as a whole. In turn, the achievement and maintenance of long-term sustainable development of an economic entity is determined by three important directions: environmental, economic and social, provided they are combined, and not isolated. Therefore, today, the main purpose of the formation and analysis of indicators of sustainable development is the reflection of the impact of the organization on stakeholders, with whom it will be in direct or indirect economic cooperation.

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