scholarly journals Administrative Barriers to the Development of Small and Medium-Sized Businesses in the Republic of Mordovia: Materials of Practical Research

2020 ◽  
Vol 17 (6) ◽  
pp. 22-30
Author(s):  
M. V. Bikeeva ◽  
V. A. Inshakov ◽  
I. M. Fadeeva
Keyword(s):  
Interest Rates ◽  
The United States ◽  
Business Environment ◽  
State Regulation ◽  
Business Community ◽  
Entrepreneurial Activity ◽  
Federal State ◽  
Small Enterprises ◽  
Doing Business ◽  
The Republic

Purpose of the study. Small and medium enterprises in foreign countries provide about 50% of GDP and almost 60% of industrial employment. In terms of its role in the economy, entrepreneurship in Russia is inferior to many countries, including the United States, Ireland, Japan, Italy, etc. The main priorities for the development of the sphere of entrepreneurship in Russia include improving the conditions for doing business, simplifying tax reporting, access to concessional financing, and improving the procurement system and others. Among the negative aspects of state regulation that hinder the development of small and medium-sized businesses, administrative barriers can be singled out. According to experts, due to the presence of excessive administrative barriers, the size of the country's "frozen" potential for economic growth is 5-7%. In this regard, there is a need for a statistical assessment of the conditions for doing business at the regional level for the subsequent determination of directions for increasing the efficiency and effectiveness of the activities of state (municipal) authorities and identifying reserves for improving the business environment.Materials and methods. As an information base for the study, we used the data of the Federal State Statistics Service for 2019, as well as the results of monitoring the conditions for the activities of small and medium-sized businesses in the region, conducted by the State Treasury Institution of the Republic of Mordovia "Scientific Center for Socio-Economic Monitoring". The empirical research base included quantitative data from mass representative surveys of the business community for the period from 2014 to 2019. In addition to surveys of representatives of the business community, expert surveys were conducted, the selection of which was carried out on the basis of the experience of entrepreneurship and their belonging to formalized regional structures of entrepreneurs. The number of experts participating in the study ranged from 40 to 50 people.Results. As of January 1, 2019, there were 2,659.9 thousand small enterprises operating in the Russian Federation. Per 10,000 people, with an average of 156 in the Volga Federal District, the highest indicator was recorded in the Samara region (216 small enterprises), the lowest – in the Republic of Mordovia (86 small enterprises). The study demonstrates a steady decline in the scale of economic activity and the number of small and medium-sized businesses in the Republic of Mordovia. The study confirmed the existence of administrative barriers to entrepreneurial activity in the region, which are manifested both at the initial stage of doing business and during long-term conduct. Within the framework of the study, proposals were formulated to reduce administrative barriers and create a favorable business environment. In the current socio-economic situation, the main measures to support entrepreneurship are to reduce tax rates and introduce a preferential tax system. Support measures that are significant for business are also a decrease in interest rates, an increase in the availability of credit, the provision of incentives for energy resources, and control over the pricing policy of services of natural monopolies. Along with institutional measures, it is necessary to disseminate various forms of entrepreneurship training and mentoring, which are widespread in foreign practice.

scholarly journals Ecological dimension of PESTEL analysis in small enterprises in the Republic of Serbia

2020 ◽  
Vol 13 (1) ◽  
pp. 63-71
Author(s):  
Ivana Marinović-Matović ◽  
Ljiljana Arsić
Keyword(s):  
Ecological Factors ◽  
Business Environment ◽  
Business Community ◽  
Strategic Decision ◽  
Strategic Decision Making ◽  
Small Enterprises ◽  
Business Organizations ◽  
The Republic ◽  
Ecological Dimension ◽  
Insight Into

Strategic decision-making seeks to analyze the external environment in which business organizations operate. External environmental factors are analyzed and monitored using PESTEL analysis. PESTEL analysis provides insight into organization's business opportunities and threats, in order to rapidly adapt to new market conditions. The objective of this paper is to present the use and the importance of PESTEL model for the analysis of ecological factors in business environment. The most common challenges of environmental analysis, and examples of positive practice from the Republic of Serbia, are presented in this paper. The paper represents a professional contribution to the business community, specifically, it helps organizations to improve their ecological performances through more efficient use of opportunities and elimination of threats arising from ecological factors.

scholarly journals ACTUALIZATION OF PROBLEMS AND NOVELS OF THEORETICAL AND LEGAL SEGMENTS OF CERTAIN BANKRUPTCY PROCEDURES

2020 ◽  
Vol 73 ◽  
pp. 87-94
Author(s):  
Vitaliy Kadala ◽  
◽  
Olena Guzenko ◽  
Keyword(s):  
Business Environment ◽  
Point Of View ◽  
Entrepreneurial Activity ◽  
Main Task ◽  
Doing Business ◽  
Management Measures ◽  
Legislative Regulation ◽  
Definition Of ◽  
Design Options ◽  
Legal Entities

The article is devoted to the issues of actualization of problems and novelties in the context of theoretical and legal segments of the bankruptcy procedure. The activities of economic entities are influenced by external and internal factors, but the issues of their solution remain in most cases in the discussions of politicians, scientists and representatives of the business environment. The effectiveness of legal entities has recently proved that the application of bankruptcy proceedings has intensified. However, remediation issues do not always have and receive adequate support. The consequence of these phenomena is the cessation of activities not only of small and medium-sized businesses, but also of individual large businesses. The main task of modern enterprises on the verge of bankruptcy is to develop tools and tools that allow to predict and analyze potential crises, to design options for their resolution and the appropriate information and economic base of management. Practical entrepreneurial activity proves that a number of issues remain unresolved and need more in-depth research and attention. This phenomenon indicates the modernity and relevance of the study given the realities of the functioning of legal entities. The article draws attention to the legislative regulation of bankruptcy procedures, identifies the priorities of legislative initiatives. The question of the scientific position of scientists concerning the characteristic of the conceptual categories "bankruptcy" and "remediation" is investigated. The author's vision of the essential characteristics of these categories is given, the substantiation of expediency of their adaptation in activity of domestic enterprises is given. A package of anti-crisis management measures has been developed taking into account the current realities of doing business. Proposals for improving the legislative regulation from the standpoint of reorganization procedures are presented. The development, approval and adaptation of the "Regulations on the stages of remediation" is proposed. From the author's point of view, it is expedient to include in the structure of the legislative regulator: conceptual apparatus for reorganization procedure, definition of methods and techniques of evaluation of clearly defined criteria with establishment of their normative limits, coverage of monitoring procedures.

scholarly journals On the legal regime of virtual assets in Ukraine and the world

2020 ◽  
pp. 18-23
Author(s):  
Vladyslava MATVIIENKO ◽  
Artem KOTENKO
Keyword(s):  
The United States ◽  
State Regulation ◽  
Investment Climate ◽  
Legal Regime ◽  
Effective System ◽  
Digital Asset ◽  
The Republic ◽  
Definition Of ◽  
Favorable Conditions ◽  
Single Approach

The development of the digital economy leads to the emergence of a new concept of “digital asset”. It is very important to ensure state regulation of relations related to the use of digital currency and their involvement in civil and commercial legal relations today. Thus, Ukraine will get closer to the technological leaders of the economic sphere. In addition, the IT sector will create additional motivation for Ukrainian and foreign professionals based on the favorable conditions that are created. Issues related to solving the problem of anonymous unregulated cross-border transfers, corrupt settlements, money laundering are those that are currently being considered and require the adoption of a legal act. Existing approaches are analyzed to determine the digital asset among scientists. The analysis showed that there is currently no single approach to the definition of virtual assets and cryptocurrencies. The existing substitution of concepts in the definition and this topic needs to be refined by scientists – practitioners. The paper gives examples of states that have created regulations that allow to reveal the understanding of the components that should have the regulation of cryptocurrencies. In particular, the paper points to the models of legislation of such states as the Republic of Belarus, Great Britain and the United States. Special attention is paid to attempts to legalize cryptocurrencies in Ukraine. In addition, existing bills aimed at regulating legal relations regarding the circulation, storage, possession, use and conduct of cryptocurrency transactions are subject to analysis. The main factors of application of effective regulatory approaches to cryptocurrency transactions are determined. It is argued that the creation of a transparent and effective system of regulation of legal relations in the use of virtual assets should lead to a positive investment climate in Ukraine.

scholarly journals MINING AND BUSINESS ACTIVITIES: IN SEARCH OF THE BALANCE

2019 ◽  
pp. 73-82 ◽  
Author(s):  
I. V. Ershova ◽  
E. V. Trofimova
Keyword(s):  
Legal Regulation ◽  
Digital Economy ◽  
State Regulation ◽  
Entrepreneurial Activity ◽  
Advantages And Disadvantages ◽  
Layer Cake ◽  
Blockchain Technology ◽  
Private And Public ◽  
The Republic ◽  
Definition Of

The article reveals the content and outlines approaches to the definition of the legal nature of mining. Attention is drawn to the necessity of legal regulation of this activity, which is predetermined by the Federal Program «Digital Economy of the Russian Federation» — a project that provides for normative regulation of the digital environment. In order to support the mission to eliminate digital illiteracy, which is also envisaged in the National Program, the author elucidates the etymology and meaning of the term «mining» and considers various doctrinal interpretations of this concept. The paper presents such analogies of the blochchain technology as the public ledger, DNA, and a layer-cake for a better understanding of the blockchain technology that is associated with mining. Material-technical and organizational foundations of mining are revealed. The author demonstrates advantages and disadvantages of solo mining, pool mining, and cloud mining. The results of comparative monitoring of the attitude to the recognition of cryptocurrency as a means of payment are presented. Attention is drawn to the liberal legal regulation of blockchain technology and mining under the laws of the Republic of Belarus. The paper determines the stages of a law-making process aimed at legal support of mining in Russia. Based on the results of comparison of concepts of entrepreneurial activity and mining, it is concluded that mining represents one of new types of entrepreneurship brought to life due to the needs of digital economy. The author suggests thatmining participants be recognized as self-employed persons. It is noted that the entrepreneurial nature of mining arises questions concerning measures of its state regulation which is difficult within the framework of the existing paradigm, but should be built on the basis of a balance between private and public interests.

scholarly journals Creating a Favorable Business Environment: Case Study on Firm Registration Process in Uzbekistan

2015 ◽  
Vol 1 (4) ◽  
pp. 59-72
Author(s):  
Gofurov Ubaydulla
Keyword(s):  
Developed Countries ◽  
Business Environment ◽  
State Regulation ◽  
Entrepreneurial Activity ◽  
Registration Process ◽  
Special Value ◽  
Business Entities ◽  
State Registration ◽  
Entrepreneurial Activities

The development of national economy in many respects depends on conditions such as freedom and guarantees, privileges and preferences so that entrepreneurial activities prosper within a better entrepreneurial environment. While the development extent of entrepreneurial environment is defined by several indexes, the processes and documentation as a part of state registration of entrepreneurial activity have a special value among them. In this article, in consideration of exemplary entrepreneurial environment practices in different developed countries, the successes and shortcomings of Uzbek experience and some important theoretical rules on the creation of such favorable and friendly entrepreneurship conditions are discussed. We find that in order to increase the share of small business and entrepreneurship there is a need to systematically improve the mechanisms of state regulation of organization and registration processes of business entities. A system of incentives should be introduced in the registration process such as optimization of its time, increasing the number of business entities.

scholarly journals Циљеви и обим концентрације власништва у акционарским друштвима у Републици Српској // Objectives and scope of ownership concentration in listed companies in Republic of Srpska

2013 ◽  
Vol 11 (18) ◽  
pp. 289
Author(s):  
Душко Даничић ◽  
Данка Панић
Keyword(s):  
Gain Control ◽  
Listed Companies ◽  
Business Environment ◽  
Development Projects ◽  
Real Sector ◽  
Short Term ◽  
Doing Business ◽  
Property Companies ◽  
The Republic

Резиме: Укрупњавање власништва и преузимање предузећа је обично повезано са мотивима какви су: максимизирање добити у дугом року, освајање нових тржишта, остваривање контроле ради управљања предузећем и његовог дугорочног развоја и сл. Као мотив за куповину већинског учешћа или концентрацију не мора бити пословање, већ нематеријална и материјална имовина друштва, име или друге вриједне ставке пословне или инвестиционе активе. Из презентованих података добијених током обављеног истраживања, закључује се да се Република Српска сврстава у групу земаља у којима је власништво над излистаним компанијама концентрисано. Мотиви који су претходили концентрацији капитала често су повезани са имовином друштва, док је пословање имало споредну улогу, што је у многим случајевима довело до гашења пословних активности преузетих друштава. Промјена укупног пословног амбијента најбољи је начин да се не само концентрација капитала, већ и остале инвестиције усмјеравају ка реалном сектору и пословним циљевима који укључују развојне пројекте и инвестирање за будућност. Тиме ће се умањити мотивисаност власника капитала да инвестирају у краткорочне пројекте са циљем куповине и брзе продаје привредног друштва, што се код нас своди на продају ставки активе. На овај начин ће се умањити и број ликвидација које су подстакнуте намјером да се имовина друштва прода и уновчи.Summary: Еnlargement of ownership and takeover is usually associated with motifs such as: maximizing profit in the long term, new markets, gain control of management of the company and its long-term development, etc. The motive for the purchase of the majority share or concentration is not necessarily doing business, but tangible and intangible assets of the company, it’s name, or other valuable items of business or investment assets. From the presented data obtained during the research that was done, it could be concluded that the Republic of Srpska ranks among the countries in which the ownership of listed companies is concentrated. Motives that preceded the capital concentration are often associated with property companies, while business had a supporting role, which in many cases has led to the closure of books, business activities undertaken societies. Change in the overall business environment is the best way to not only capital but also the concentration of other investments are directed towards the real sector and business objectives that include development projects and investments for the future. This will reduce the motivation of the owners of capital to invest in short-term projects in order to purchase and quick sale of the company, it comes down to us on the sale of assets items. In this way the number of liquidation, that were triggered with the intent to sell the assets of companies, could be reduced.

scholarly journals PERSPECTIVE DIRECTIONS OF DEVELOPMENT SMALL AND MEDIUM BUSINESSES IN THE REPUBLIC OF KAZAKHSTAN

2020 ◽  
pp. 17-25
Author(s):  
А.А. Кайгородцев ◽  
И.В. Бордияну ◽  
Э.С. Мадиярова ◽  
A. Kaigorodtsev ◽  
I. Bordiyanu ◽  
...  
Keyword(s):  
Small Business ◽  
The State ◽  
Business Community ◽  
Business Climate ◽  
Financial Measures ◽  
Doing Business ◽  
Current State ◽  
New Business ◽  
The Republic ◽  
Medium Businesses

В статье рассматриваются состояние и перспективные направления развития малого и среднего бизнеса в Республике Казахстан. Определены предпосылки развития в Казахстане малого и среднего предпринимательства. Проведен анализ динамики основных показателей малого и среднего бизнеса. Выявлена нерациональность отраслевой структуры малого и среднего предпринимательства. В результате системной работы руководства страны по улучшению бизнес-климата и развитию предпринимательства произошло улучшение позиций Казахстана в рейтинге DoingBusiness. Проведен анализ Программы «Дорожная карта бизнеса 2020», реализуемой в Казахстане в целях оказания содействия развитию предпринимательства. Данная Программа предусматривает оказание государственной поддержки хозяйствующим субъектам малого и среднего бизнеса по следующим направлениям: поддержка новых бизнес-инициатив; отраслевая поддержка предпринимателей; снижение валютных рисков; нефинансовые меры. К недостаткам самой Программы «Дорожная карта бизнеса 2020» и практики ее реализации можно отнести ограниченность контингента обучаемых предпринимателей и низкий уровень поддержки потребителями отечественных производителей. В результате анализа текущего состояния малого и среднего предпринимательства были определены следующие перспективные направления его развития: повышение компетентности; увеличение доли казахстанского содержания в закупках; кооперация в сфере малого предпринимательства; диалог государства и бизнес-сообщества. The article discusses the state and promising directions of development of small and medium-sized businesses in the Republic of Kazakhstan. The prerequisites for the development of small and medium-sized businesses in Kazakhstan are defined. The analysis of the dynamics of the main indicators of small and medium-sized businesses is carried out. The irrationality of the branch structure of small and medium-sized businesses is revealed. As a result of the systematic work of the country's leadership to improve the business climate and develop entrepreneurship, Kazakhstan's position in the Doing Business rating has improved. The analysis of the program "Business Roadmap 2020", implemented in Kazakhstan in order to promote the development of entrepreneurship. This Program provides state support to small and medium-sized businesses in the following areas: support for new business initiatives; industry support for entrepreneurs; reduction of currency risks; non-financial measures. The drawback of the "business Roadmap 2020" Program itself and its implementation practices can be attributed to the limited number of trained entrepreneurs and the low level of consumer support for domestic manufacturers. As a result of the analysis of the current state of small and medium-sized businesses, the following promising areas of its development were identified: increasing competence; increasing the share of Kazakhstani content in procurement; cooperation in the field of small business; dialogue between the state and the business community.

scholarly journals Medición de la facilidad para hacer negocios. Índice doing business. / Measuring the ease of doing business.

2020 ◽  
pp. 31-37
Author(s):  
Myriam Lucía Pineda González ◽  
Yazmín Díaz-Chacón
Keyword(s):  
Bibliometric Analysis ◽  
Business Environment ◽  
State Regulation ◽  
Private Companies ◽  
Business Regulation ◽  
Doing Business ◽  
Regulation Mechanisms ◽  
Ease Of Doing Business ◽  
Subject Areas ◽  
National Economies

El objetivo principal de este documento es exponer la conceptualización de una metodología para medir la facilidad de hacer negocios en economías nacionales y subnacionales, validada a nivel internacional y liderada por el Banco Mundial: el Índice Doing Business. La metodología está basada en análisis bibliométrico, a partir de la base de datos especializada Scopus, de donde se obtuvieron datos y documentos para evaluar niveles de citación, áreas temáticas relacionadas, y conceptos claves. En los resultados se hace una descripción del análisis bibliométrico y se identifican los principales conceptos y procedimientos que involucra la medición de la facilidad para hacer negocios. Se concluye que la medición del ambiente de negocios en los países resulta útil para identificar los mecanismos de regulación empresarial que más han funcionado, sirviendo como referencia para reformas en países en desarrollo, entre ellos Colombia. Particularmente en Colombia se mide la influencia de la regulación estatal en la creación y funcionamiento de empresas privadas, en el documento se presenta la posición actual del país.ABSTRACT: The main objective of this document is to present the conceptualization of a methodology to measure the ease of doing business in national and sub-national economies, validated at the international level and led by the World Bank, the Doing Business index. The methodology is based on bibliometric analysis, from the specialized Scopus database, from which data and documents were obtained to evaluate levels of citation, related subject areas, and key concepts. In the results, a description of the bibliometric analysis is made and the main concepts and procedures that are involved in measuring the ease of doing business are identified. It is concluded that the measurement of the business environment in the countries is useful to identify the business regulation mechanisms that have worked the most, serving as a reference for reforms in developing countries, including Colombia. Particularly in Colombia, the influence of state regulation on the creation and operation of private companies is measured. The document presents the current position of the country.

scholarly journals SOCIAL MEDIA AND DEVELOPMENT OF SMALL ENTERPRISES IN THE REPUBLIC OF MACEDONIA

2019 ◽  
Vol 30 (1) ◽  
pp. 203-208
Author(s):  
Mariјa Magdicheva-Shopova ◽  
Snezana Ristevska – Jovanovska ◽  
Snezana Bardarova
Keyword(s):  
Social Media ◽  
Small Businesses ◽  
Business Environment ◽  
Point Of View ◽  
Customer Relationships ◽  
Small Enterprises ◽  
Republic Of Macedonia ◽  
Marketing Tool ◽  
The Republic ◽  
Use Of Social Media

The pronounced globalization changes and the high degree of digitization are everyday in the modern work that cause changes in the operation of enterprises, regardless of the size and type of activity it performs. In this regard, the Internet as an informative medium is a part of everyday life, and the adoption of a certain decision for the future business activity is related to the consideration of various social media Social media is a powerful communication medium, but also a tool for sharing information about the business. Through social media, businesses have the opportunity to follow the latest trends, opportunities and analysis and actively participate in the business environment where customers are present and interconnected. Social networking is part of the day-to-day operation of enterprises. Small businesses are increasingly using social media as a marketing tool to improve customer relationships. From the content point of view, the paper will explain the characteristics of social media, the differences between traditional and social media as marketing tools and the factors that contribute to the increased use of social media in everyday work. The subject of this paper's research is focused on perceiving the importance and influence of social media on the development of small enterprises in the Republic of Macedonia. For this purpose, practical research has been conducted. The conducted analysis of the environment and the results of the conducted research confirm the established hypotheses that social media represent a real need for all enterprises and entrepreneurs need education to gain knowledge about the opportunities offered by social media. On the basis of the obtained results from the conducted research will be given suggestions and directions in order to efficiently exploit the possibilities of social media and improve the performance of enterprises in order to adjust the contemporary processes.

scholarly journals BARRIERS IN FINANCING MICROENTERPRISES FROM THE PERSPECTIVE OF CZECH AND SLOVAK MICROENTREPRENEURS

2019 ◽  
Vol 20 (2) ◽  
pp. 244-267 ◽  
Author(s):  
Mehmet Civelek ◽  
Aleksandr Ključnikov ◽  
Peter Krištofík ◽  
Zoltán Rozsa
Keyword(s):  
Interest Rates ◽  
Business Environment ◽  
Policy Implications ◽  
Chi Square ◽  
Doing Business ◽  
Ease Of Doing Business ◽  
Ease Of Access ◽  
Spatial Autocorrelation Index ◽  
Rejection Rates

This paper compares how Czech and Slovak microentrepreneurs perceive the volume and ease of access to finance that they face. Having an adequate number of sources of finance and easier access to them can help improve both enterprise and country performance. Chi-square and Z score tests for population proportions were used to test hypotheses. 740 microenterprises from Czech Republic and 287 microenterprises from Slovakia were included for the analyses that were performed by this study. The results show that Czech microentrepreneurs feel they have more sources of finance and have easier access to them than their Slovak counterparts. These differences may in part be linked to other factors such as the experience and age of microentrepreneurs and micro-firms, amount of business loans and microfinancing organizations, credit interest rates and credit rejection rates, the relative degree of economic freedom, the volume of government guarantees, relative GDP levels, the quality of business environment and ease of doing business. Additionally, The Moran’s I spatial autocorrelation index was performed to evaluate influence of location on the perception of Czech and Slovak microenterprises that were located in different regions of both countries. The paper also discusses the results’ policy implications for governments and financial institutions.

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