scholarly journals Modeling of the comprehensive assessment of the effectiveness of economic entities: Management aspect

2022 ◽  
Vol 9 (1) ◽  
pp. 20-26
Author(s):  
Zaburanna et al. ◽  
Keyword(s):  
Open Economy ◽  
National Economy ◽  
Evolutionary Development ◽  
Public Authorities ◽  
Entrepreneurship Development ◽  
Doing Business ◽  
Management Measures ◽  
Current Assessment ◽  
Business Entities ◽  
The Impact

The COVID-19 pandemic has caused an unprecedented structural change in the current evolutionary development of the national economy of Ukraine. Situational trends that arise in the open economy of the country require reactive changes in the conditions for doing business and force public authorities to update strategies or mechanisms to support it. At the same time, a number of explicit factors, including unemployment and inflation, further exacerbate the problems in business activities. This makes it necessary to search for relevant methods that would allow interested stakeholders to carry out uninterrupted diagnostics of the state of entrepreneurship development and, on this basis, determine effective government policy tools to support this sector of the economy. Important management measures are the current assessment of the business sector, determination of its future development, and forecasting the consequences of the impact of the external environment on the activities of enterprises. At the same time, the updated methods should take into account the evolution of the development of the national economy and the specifics of the modern activities of large, medium, and small enterprises in Ukraine. The purpose of the article is to develop a relevant methodology for assessing the current activities of business entities in the managerial aspect, as well as modeling the forecast for the development of this sector of the economy, taking into account the specifics of the functioning of the national economy of Ukraine. The use of the methodology proposed by the authors will make it possible to systematically assess the current state of entrepreneurship development and respond in advance to negative factors that cause its inert development.

scholarly journals Developing corporate social responsibility in the face of the COVID-19 pandemic

2021 ◽  
Vol 11 (1) ◽  
pp. 31-42
Author(s):  
Nataliia Riabets
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Process Management ◽  
Positive Impact ◽  
Evolutionary Development ◽  
Practical Implementation ◽  
The Face ◽  
Business Entities ◽  
Corporate Social ◽  
The Impact

The paper presents the results of the study of the manifestations, trends of business social responsibility during the pandemic and gives the dominant directions of its practical implementation. The paper provides the results of the analysis of the evolutionary development of views and approaches to theoretical and conceptual understanding of corporate social responsibility. The impact of business social responsibility on the results of its activities and the quality of relationships with stakeholders is revealed. A study was also conducted on the transformation of directions and tools for the practical implementation of CSR initiatives before and during the spread of the pandemic. Potential directions for establishing a constructive conversation business structure with society, which will have a positive impact on the success and stability of the business, as well as on social development in the current environment have been identified. A study was carried out to evaluate the perception of the social responsibility by domestic business organizations and awareness of its trends, and the need for its implementation and advantages. A comparative analysis of the development of corporate social responsibility in the world and in Ukraine has been conducted. Trends and mechanisms that have a transformational impact on the formation and implementation of CSR in modern conditions of development are identified. The priority vectors of CSR programs of international business entities in the face of a pandemic are outlined. The necessity of developing a business process management model based on corporate and social responsibility tools has been formulated, taking into account the desire of business to conduct successful activities in a highly dynamic global environment.

scholarly journals Laundering Black Money by Means of Offshore Zones: The Negative Impact and Ways to Resolve

2021 ◽  
Vol 8 (523) ◽  
pp. 140-150
Author(s):  
O. T. Zamaslo ◽  
◽  
D. A. Kozak ◽  
Keyword(s):  
National Economy ◽  
Tax Evasion ◽  
Negative Impact ◽  
Action Plan ◽  
International Standards ◽  
Key Factors ◽  
Profit Shifting ◽  
State Budget ◽  
Business Entities ◽  
The Impact

The article is aimed at examining the problem of laundering black money in the offshore jurisdictions. Attention is paid to the key factors that attract economic entities regarding business registration in offshore zones. The impact of the tax burden on the process of moving profits to offshore jurisdictions is considered. The volumes of losses of the State Budget of Ukraine related to tax evasion of the funds placed on the accounts of offshore companies have been studied. The most typical schemes of laundering black money in offshore zones are presented, as well as a number of stages that form the process of laundering are highlighted. Emphasis is placed on round tripping investment as a key mechanism for returning foreign funds to a resident in the form of foreign direct investment, the main factors in the use of round trip transactions by Ukrainian business entities are allocated. Attention is drawn to the percentage of countries, which are the largest investors in Ukraine. It is determined that the use of offshore schemes by Ukrainian businesses contributes to the growth of the shadowing of the national economy and causes a direct negative impact on Ukrainian financial security, which is confirmed by the results of the National Risk Assessment 2019. Emphasis is placed on the OECD / G20 Base Erosion and Profit Shifting (BEPS) initiative to prevent money laundering offshore, and Ukraine’s key measures to implement relevant international standards are specified. Prospects for further research in this direction are to identify measures directed towards deoffshorization of the national economy, including through the implementation of the BEPS 2.0 Action Plan.

scholarly journals The impact of crisis situations on business safety

2020 ◽  
pp. 25-27
Author(s):  
Olha YARMAK
Keyword(s):  
Foreign Currency ◽  
Business Environment ◽  
Public Authorities ◽  
The Third ◽  
Doing Business ◽  
Capital Outflows ◽  
The Stability ◽  
Restrictive Measures ◽  
The Impact ◽  
Crisis Situations

Introduction. The article deals with the issues of doing business in crisis situations. The main directions of the influence of crisis situations on the activities of the enterprise at different levels are considered. The factors of influence of the coronavirus on the economy of both the enterprise and the country have been determined. The purpose of the paper is to clarify the factors that may affect the safety of doing business today and provide recommendations for improving the company's activities. These recommendations will increase the efficiency of the enterprise by increasing the stability of the organization. Among the dangerous factors, increased attention is paid to the coronavirus epidemic. Results. There are five dangerous factors for the Ukrainian economy in this situation. The first factor is the impact of the pandemic on micro- and macroeconomic processes. The second factor is the falling incomes and deteriorating business environment. The third factor is the increase in capital outflows from the country. The fourth factor is the strengthening by the state of restrictive measures for the population and enterprises. The fifth dangerous factor is the low level of trust of entrepreneurs in public authorities. Conclusion. Despite all the measures taken, it is currently difficult to assess the real scale and consequences of COVID-19 and other crises for the economy of Ukraine and the world. To date, there is a deterioration of the epidemiological situation in the country. There is also a deterioration in the economic situation of both the country as a whole and individual enterprises. We will be able to see soon how Ukraine will survive this pandemic and what damage will be done to the economy. But the use of the proposed measures will reduce the company's losses from dangerous situations. The impact of the first factor will lead to difficulties in international trade and relocation of personnel. The second factor warns of declining business incomes that have not adapted to quarantine conditions. Counteracting this factor involves the maximum use of remote labor and e-commerce. When forecasting the consequences of the third factor will reduce the supply of foreign currency, which makes the national currency unstable and leads to its depreciation. The action of the fourth factor will lead to a significant complication in the organization of the production process. There may be difficulties in finding and hiring staff, the situation on the labor market will change. The influence of the fifth factor will lead to the fact that the organization can not adequately and effectively respond to external influences.

scholarly journals PROBLEMS OF EVALUATION AND INVESTMENT ATTRACTIVENESS MANAGEMENT AT THE MACROECONOMIC LEVEL

2020 ◽  
pp. 207-216
Author(s):  
O.V. Lyulyov ◽  
B.A. Moskalenko
Keyword(s):  
Foreign Investment ◽  
Political Institutions ◽  
National Economy ◽  
State Level ◽  
The State ◽  
Public Authorities ◽  
State Of The Economy ◽  
Macroeconomic Indicators ◽  
Main Determinants ◽  
The Impact

Analysis of the dynamics of the movement and structure of investment resources allows us to determine how competitive a sector of the national economy is in attracting foreign investment and identify problems before they affect the related macroeconomic indicators. The article examines the factors influencing FDI inflows and their interaction with public authorities. Based on the data of the quality of political institutions (WGI), developed with the participation of representatives of the World Bank, a basis for assessing the investment attractiveness of Ukraine was formed. As part of a study of international experience in assessing investment attractiveness, the authors analyzed current approaches to assessing the impact of political institutions on the dynamics of FDI and concluded on the qualitative characteristics of political institutions. Due to the limited supply of quality investment resources, the study of the assessment of the investment potential of the national economy is an important aspect of the implementation of domestic socio-economic policy. The study of the dynamics of macroeconomic indicators of the economy of Ukraine allowed to form a set of indices that have a significant impact on decision-making by potential investors. The authors proposed an approach to determining investment attractiveness based on the analysis of the dynamics of quantitative indicators of the state of the economy and quality indicators of public administration. The proposed model allows to assess the impact of each of the factors on the dynamics of FDI, to identify problems that demotivate the inflow of investment resources and to develop recommendations for investment policy management at the state level. Analysis of the dynamics of the movement and structure of investment resources allows us to determine how competitive a sector of the national economy is in attracting foreign investment and identify problems before they affect the related macroeconomic indicators. The authors' approach to assessing investment attractiveness takes into account most of the main determinants of FDI. In the analysis of the literature, it was decided to take into account not only quantitative statistics, but also the results of a survey of experts, which should have avoided the bias associated with the problem of non-consideration of variables. Further development of improving the assessment of investment attractiveness of the country by updating the list of determining factors and indicators influencing the movement of FDI, and ranking of indicators of investment attractiveness using the methods of expert assessments.

ENTREPRENEURSHIP IN MEXICO: INDUSTRIAL FEATURES

2020 ◽  
Vol 13 (2) ◽  
pp. 154-161
Author(s):  
A.V. Sharkova ◽  
◽  
C.A. Birina ◽  
A.V. Kulumbegova ◽  
◽  
...  
Keyword(s):  
Social Cohesion ◽  
National Economy ◽  
Sustainable Growth ◽  
Economic Sustainability ◽  
Main Form ◽  
Doing Business ◽  
The Government ◽  
The Impact ◽  
Business Sectors ◽  
New Jobs

As the main form of business and employment, small and medium-sized enterprises are key actors for creating more inclusive and sustainable growth, increasing economic sustainability, and improving social cohesion. Small and medium-sized businesses play an important role in Mexico, and the government pays increasing attention to stimulating their activities. Small and medium-sized enterprises create more than half of new jobs, strengthen and develop the country’s domestic market, and support the sectors of the national economy. The article presents the structure of Mexico’s business sectors, the specifics of doing business in the country, the main directions of development, and the impact of the pandemic on entrepreneurship.

scholarly journals Education in Ukraine and Covid-19: New Perspectives and Opportunities

2021 ◽  
Vol 12 (6) ◽  
pp. 1405-1414
Author(s):  
Iryna Shtuler, Tatiana Suhak
Keyword(s):  
Financial Crisis ◽  
Gross Domestic Product ◽  
National Economy ◽  
Negative Impact ◽  
Domestic Product ◽  
Business Activity ◽  
Revenue Growth ◽  
Doing Business ◽  
Timely Response ◽  
The Impact

Officially, the COVID-19 pandemic reached Ukraine in March 2020 and came to Ukraine at a time when the national economy was not in the best condition. In fact, the COVID-19 pandemic has transformed not only the structure of the national economy, but also the way of doing business. This is evidenced by indicators that reflect changes in the structure of gross domestic product, changes in the structure of employment and marketing tools. The COVID-19 pandemic has already led to a financial crisis and a crisis in certain areas and sectors of the economy, but there are those who have benefited from quarantine measures. However, there are industries and areas of activity for which the COVID-19 pandemic has given a good start and revenue growth. Timely response and targeted action will reduce the negative impact of the COVID-19 pandemic, prevent a decline in business activity, create conditions for the development of Ukrainian manufacturers and reduce the impact of the crisis caused by the COVID-19 pandemic.

scholarly journals Port Efficiency and Supply Chain: Implication for Bangladesh

2020 ◽  
Vol 10 (6) ◽  
pp. 21-34
Author(s):  
Sukanta Sen ◽  
Md Akramuzzaman Shaikh ◽  
Anis Mohammad Tareq ◽  
Mohammad Shahedul Islam ◽  
Wang Xuefeng
Keyword(s):  
Supply Chain ◽  
Global Supply Chain ◽  
Field Surveys ◽  
Doing Business ◽  
Port Efficiency ◽  
Infrastructure Improvement ◽  
Freight Forwarder ◽  
Business Entities ◽  
The Cost ◽  
The Impact

Port and supply chains are closely connected to each other as a port is considered as an important node of the global supply chain. Sothe efficiency level of port has an impact on the performance of supply chain operations. Chittagong port is the principal seaport of Bangladesh and it provides a major gateway to the outside world. The cost of doing business is increasing as a result of the inefficiency in the main seaport of the country. In this paper, an effort has been taken to examine the efficiency of Chittagong Port and the causal factors of inefficiency. The impact of inefficiency at Chittagong port on the supply chain of Bangladesh has also been identified. To do this, at first a relationship has been built between port efficiency and supply chain in respect of Bangladesh. Relevant data has been gathered through extensive review of the literature, field surveys, interacting with top management of different business entities such as shipping agency, freight forwarder, logistics companies, exporter, importer as well as Government regulatory and monitoring bodies using both the structured and unstructured questionnaires. The study has revealed that theinefficiency at Chittagong port causes serious consequences on the supply chain of exporter and importer and lead to loss and disruption of trade and ultimately incur extra costs and time. This paper, therefore, recommends a substantial infrastructure improvement to Chittagong port along with other related measures in order to facilitate the supply chain of exporter and importer.

scholarly journals Assessing the impact of blockchain technologies on the national economy: Methodological approaches and their testing

2020 ◽  
pp. 41-47
Author(s):  
Safiullin Rashitovich ◽  
Burganov Timerkhanovich ◽  
Elshin Alekseevich
Keyword(s):  
Data Storage ◽  
National Economy ◽  
Legal Aspects ◽  
Business Environment ◽  
Distributed Data ◽  
Theoretical Understanding ◽  
Distributed Data Storage ◽  
Business Entities ◽  
Storage Technologies ◽  
The Impact

Despite the very high interest from international and national financial institutions, and also enterprises from the real sector of the economy demonstrated in the distributed data storage technology, studies on the problems of assessing the use of the blockchain platform potential in the socioeconomic environment, and their theoretical understanding can be met vary rarely. As a rule, existing works reveal either the technical side of the study object or the regulatory or legal aspects of the applicability of blockchain technologies in the national economy. In this regard, this work attempts to overcome this conditional vacuum of understanding in order to make up for conditions with questions revealing other aspects of the research subject, for example, such as the economic and social effects of introducing blockchain technologies into the activities of business entities. A formalized assessment and scenario modeling of the dynamics of GDP growth in the new institutional business environment is carried out on the basis of the emerging effects assessment caused by the integration of distributed data storage technologies into the system of business operations.

scholarly journals International trade risk management under the impact of globalization

2021 ◽  
Vol 111 ◽  
pp. 01016
Author(s):  
Mariia Nezhyva ◽  
Olha Zaremba ◽  
Viktoriia Mysiuk
Keyword(s):  
Risk Management ◽  
International Trade ◽  
Open Economy ◽  
Management Plan ◽  
Business Environment ◽  
Economic Security ◽  
Doing Business ◽  
Risk Management Process ◽  
Assessment Approach ◽  
The Impact

Doing business in condition of international trade, a stable and competitive business environment is vital to operate efficiently and attract inward investment. Businesses can assess these factors alongside challenges such as corruption, political instability and terrorism to understand the strengths and weaknesses of an operating environment and for strategic investment decisions. In terms of open economy and globalization trends, business faced a lot of different challenges with their specific risks, hence an effective risk assessment approach and management is extremely vital for economic security of business and especially for all country doing business with other countries trying to succeed. The article presents risk management plan content that helps to structure business risk management process and provide with the measures how to deal with risks.

The Impact of Budget and Fiscal Policy on Entrepreneurial Activity and Country's Competitiveness

2019 ◽  
pp. 280-298
Author(s):  
Yuriy Holynskyy ◽  
Irina Onyusheva
Keyword(s):  
Economic Development ◽  
Fiscal Policy ◽  
National Economy ◽  
European Countries ◽  
Entrepreneurial Activity ◽  
State Control ◽  
Fiscal Institutions ◽  
Social And Economic Development ◽  
Business Entities ◽  
The Impact

Ukraine's economy, as compared to other European countries, is lagging behind. An unstable political situation, significant tax pressure, various administrative barriers, complexity of tax administration and with obtaining permits, technical regulation, certification and standardization, frequent sudden inspections by state control bodies, limited opportunities for the use of financial and credit resources, weakness of material, technical, financial, managerial, and personnel components of business entities – all these factors do not promote the entrepreneurial initiative in this country. The key precondition for raising the prosperity level and effective social and economic development is strengthening the competitiveness of the national economy through the coordinated work of the state and its budget and fiscal institutions. This study reveals the theory and the methodology of the formation and implementation of fiscal policy in Ukraine. Peculiarities in the development of the entrepreneurial environment in Ukraine are analyzed, and fiscal mechanisms are defined with the purpose of activating further entrepreneurship development.

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