Crowdfunding as a modern form of financing

2021 ◽  
Vol 27 (1) ◽  
pp. 22-40
Author(s):  
Elena B. STARODUBTSEVA ◽  
Marina B. MEDVEDEVA
Keyword(s):  
Comparative Analysis ◽  
Financial Market ◽  
Banking System ◽  
Public Confidence ◽  
Analysis Techniques ◽  
Advantages And Disadvantages ◽  
Analysis And Synthesis ◽  
Capital Financing ◽  
Modern Form ◽  
Stable Development

Subject. The article considers the specifics of crowdfunding as a digital platform, on which basis participants attract and invest funds in the global financial market, as well as the relationships between the participants of this process. Objectives. We focus on positive and negative features of crowdfunding as a financial innovation, its place and role in modern investment activities. Methods. The study draws on methods of logical, statistical analysis and synthesis, and comparative analysis techniques. Results. The performed analysis of relevant works enabled to define the concept of crowdfunding, crowdfunding platform, show advantages and disadvantages of this type of financing, identify its functions, and make a comparative analysis of modern forms of financing, such as venture capital financing, business angels, and crowdfunding. The paper highlights and analyzes the participants of the crowdfunding process, the forms of income, the main subtypes of crowdfunding, depending on the forms of generated income, crowdinvesting in particular. Conclusions. Crowdfunding, as a platform for attracting funds, is possible only if there is public confidence in the financial and banking system, and stable development of the economy. On the other hand, there should be trust and reliable cooperation between all participants of this process.

scholarly journals Efficiency of Niche Agriculture in Ukraine

2020 ◽  
Vol 20(35) (4) ◽  
pp. 18-28
Author(s):  
Heorhiy Cherevko ◽  
Iryna Cherevko
Keyword(s):  
Research Methods ◽  
Research Methodology ◽  
Economic Research ◽  
Small Farms ◽  
Scientific Publications ◽  
Advantages And Disadvantages ◽  
Analysis And Synthesis ◽  
Small Producers ◽  
Intensive Development ◽  
Stable Development

The deepening of the dualization of Ukraine's agriculture into "large" and "small" producers force the latters to search opportunities for competitive opposition to the firsts by intensive development of niche agriculture. The purpose of the study is to present the efficiency of niche agriculture in Ukraine, describing the main features of this branch and anticipating prospects and barriers to stable development. There are few scientific publications on this topic so far, so their use in the study was quite limited. Materials of specialized scientific conferences and publications of materials of practitioners are more widely used. The research methodology includes general methods (monographic, induction and deduction, analysis and synthesis, scientific generalization and abstraction) as well as economic research methods (comparisons, indexes). The results show, that niche agriculture in Ukraine is especially relevant for small farms, which can increase profitability not because of the number of products, but because of its niche character. Niche agriculture has advantages and disadvantages, so there is no reason to absolutize it as a panacea for all the problems of the small producers. The barriers to develop niche agriculture in Ukraine: the lack of the culture of consumption, of technology and of knowledge of niche products marketing.

scholarly journals Comparative analysis between virtual education and direct education in fundamental courses in architecture, case study: “introduction to architecture design studio”, in Shiraz University

2017 ◽  
Vol 7 (3) ◽  
pp. 128-133
Author(s):  
Mohammad Nikkar ◽  
Raha Bahtooe
Keyword(s):  
Content Analysis ◽  
Comparative Analysis ◽  
Virtual Education ◽  
Design Studio ◽  
Case Study Method ◽  
Statistical Software ◽  
Analysis Techniques ◽  
Advantages And Disadvantages ◽  
Challenges And Opportunities

This paper attempts to demonstrate and compare challenges and opportunities in virtual and direct education in architecture in Iran, specifically in fundamental courses. Two different programs (direct and virtual education) have been run in two different branches of Shiraz University, in Shiraz and Dubai, for two successive fundamental courses. Both cases were observed accurately by the authors during two semesters and the result qualities were collected and assessed. The main questions of this paper are: what are the advantages and disadvantages of virtual and direct education? And which method ends to a better quality in result in architecture fundamental courses? The query is based on the case study method using a combination of strategies and content analysis techniques. The information is collected through library and fields studies, and completed through questionnaire and analyzing it's components by the statistical software. Keywords: Architecture, virtual education, direct education, statistical software, Iran.  

scholarly journals Ukraine And Germany: common tendencies of financial market development according to the bank-centered model

2011 ◽  
Vol 9 (1) ◽  
pp. 247-273
Author(s):  
Sergey Kzmnko ◽  
Tatyana A. Vasilyeva ◽  
Sergey V. Leonov
Keyword(s):  
Comparative Analysis ◽  
Stock Market ◽  
Financial Development ◽  
Financial Market ◽  
Banking System ◽  
Market Development ◽  
Time Intervals ◽  
Financial Market Development

In order to confirm the hypothesis about the bank-centered type of the financial market in Ukraine we conducted a comparative analysis of individual indicators of the financial development of Ukraine and Germany, because the financial market of the latter is considered to be the classic example of the bank-centered model. Assuming that the parameters of the development of the banking system, stock market and economy in general of Germany and Ukraine are incommensurable at the present time, the authors introduced the time intervals (lags) which arise between the extremes of the fluctuating tendencies for each indicator

scholarly journals INDEX METHOD FOR CALCULATION OF LIMITS FOR WORKING CAPITAL FINANCING

2019 ◽  
pp. 115-124
Author(s):  
Valery Alexandrovich Rakhaev
Keyword(s):  
Theory And Practice ◽  
Working Capital ◽  
Financial Model ◽  
Index Method ◽  
Revenue Growth ◽  
Advantages And Disadvantages ◽  
Credit Line ◽  
Analysis And Synthesis ◽  
Capital Financing ◽  
The Relationship

The article considers the factors causing the formation of credit limits. There has been carried out a review of methodological approaches to analysis of credit limits described in domestic economic literature, as well as applied in practice. The advantages and disadvantages of existing methods of determining credit limits have been revealed. It has been pointed out that nowadays in the theory and practice of banking there is no generally accepted method for setting limits. On the basis of the financial model, the nature of the working capital needs of customers and its impact on the need for lending were investigated. The ratios of net working capital and own working capital are considered depending on the nature of the need, financial cycle, business profitability and conditions of settlements with counterparties. A calculation of the working capital need based on the index method is proposed. The methods for calculating the limit of working capital with temporary and permanent working capital need are substantiated. There have been made calculations of the working capital need for options characterized by increasing volumes in production and sales and by changing the terms of settlements with counterparties. The relationship between the revenue growth and the required net working capital is shown. The dynamics of own working capital growth is analyzed. Using the results, the calculation of the limit for revolving financing has been made including a one-time loan for replenishing working capital and a revolving credit line with a debt limit due to the constant need for materials procurement. In the course of analysis there were used general scientific methods and techniques: systemic and logical analysis and synthesis, comparison, building a system of indicators based on vertical and horizontal relationships between them, studying the relationship between effective (generalizing) indicators and quotients, forecasting and extrapolation, the principles of induction and deduction.

Agrarian receipts as a tool for the structural transformation of financial and credit relations in the agrarian business of the region

2019 ◽  
pp. 40-53
Author(s):  
Yuliia Nehoda
Keyword(s):  
Comparative Analysis ◽  
Retrospective Analysis ◽  
Structural Transformation ◽  
Pilot Project ◽  
Bank Lending ◽  
Economic Benefits ◽  
Advantages And Disadvantages ◽  
New Instrument ◽  
Agricultural Business ◽  
Business Entities

The subject of the research – is a set of organizational-economic relations arising in the process of structural transformation of financial and credit relations in the agricultural business. The purpose of the article is a retrospective analysis of structural transformations of financial and credit relations in the agricultural business, evaluation of the effectiveness and feasibility of the introduction of agricultural receipts as a new instrument of lending to the agricultural business of the regions. Methodology of work – system-structural and comparative analyzes (to determine the effectiveness of the crediting mechanism according to the agricultural receipts of the farmers of the region); monographic (when studying the problems of the functioning of the mechanism of lending to agrarians by agrarian receipts) economic analysis (when carrying out a comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts); modeling and forecasting (when determining ways to overcome the existing deficiencies in the mechanism of lending to agrarian business entities of the region according to agrarian receipts). The results of the work – a retrospective analysis of the structural transformation of financial and credit relations in the agricultural business was carried out. The mechanism of crediting agrarians according to agrarian receipts and the scale of its distribution in the agrarian business of the region are considered. A comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts was carried out. In the framework of the pilot project “Agrarian receipts in Ukraine” of the international financial corporation (IFC) in partnership with the Swiss Confederation in Ukraine, the example of the Poltava region defined the effectiveness of the crediting mechanism according to the agrarian receipts of the agrarians of the region. The advantages and disadvantages of the mechanism of crediting the subjects of the agrarian business on agrarian receipts are noted. The ways to overcome the existing shortcomings of the mechanism of crediting the subjects of the agrarian business of the region according to agricultural receipts are determined. Conclusions – according to the results of the conducted research, the effectiveness of the mechanism of lending to the agricultural business of the regions according to agricultural receipts was proved, its advantages and disadvantages were noted, and attention was also focused. Proposed in Art. 7 of Law No. 5479-VI clearly delineate cases and restrictions on the debtor’s reimbursement of expenses incurred by the lender with the acquisition of the right to grow and harvest the pledged crop of agricultural products, which will ensure the principle of equality of parties on economic benefits and distribution of credit risks according to agricultural receipts.

THE APPLICATION OF WELLBEING RESEARCH TO REGIONAL LEVEL IN LITHUANIA

2015 ◽  
Author(s):  
Gintarė VAZNONIENĖ ◽  
Bernardas VAZNONIS
Keyword(s):  
Social Sciences ◽  
Regional Development ◽  
Good Practice ◽  
Research Problem ◽  
Regional Level ◽  
Advantages And Disadvantages ◽  
Foreign Countries ◽  
Analysis And Synthesis ◽  
Key Factor ◽  
Development Context

In this article the significance of wellbeing research in the regional level in Lithuania has been analyzed, the advantages and disadvantages of the objective and subjective wellbeing research have been evaluated. The results of the analysis of wellbeing research reveal that the wellbeing research in the regional level is poorly amplified, the wellbeing research in the social sciences is not marked, the wellbeing is investigated in other fields not in social sciences or according to the aims of the researher and more often causes and outcomes of social economical inequality for regional development are emphasized. Scientific studies show that wellbeing research can have big influence for shaping the future of regions because it concerns local people, their choices and overall wellbeing of a particular region. Findings from foreign countries good practice disclose that wellbeing is currently widely used as a key factor and trend for the development policy evaluation. Accordingly in this article big attention is drawn to wellbeing research possible effect for policymakers. It can be concluded that wellbeing research should become an important discussion object in the regional development context because it reveals the situation about people overall wellbeing and particular life domains. The main aim of this article is to analyse the importance of wellbeing research to regional level in Lithuania. The research problem of this article is the fact that the poor experience of wellbeing research in Lithuania insufficiently reveals the wellbeing expression and use in the regional level. In the research common research methods like analysis and synthesis of the scientific literature, analysis of documents and comparative analysis have been employed.

Improving the integrated reporting of electric-power industry companies

2020 ◽  
Vol 23 (8) ◽  
pp. 922-939
Author(s):  
N.V. Malinovskaya ◽  
M.D. Malinovskii
Keyword(s):  
Comparative Analysis ◽  
Electric Power ◽  
Electric Power Industry ◽  
Power Industry ◽  
Integrated Reporting ◽  
Strategic Objectives ◽  
Methods Of Analysis ◽  
Analysis And Synthesis ◽  
Guiding Principles

Subject. This article deals with the issues relating to improving integrated reporting in terms of dovetailing strategic objectives with capital changes. Objectives. The article aims to develop a system of indicators for disclosure of capital types in integrated reporting of electricity generating companies, as well as recommendations aimed at implementing the fundamental concepts and guiding principles of integrated reporting. Methods. For the study, we used the methods of analysis and synthesis, comparison, generalization, and abstraction. As a case study, we conduct a comparative analysis of the disclosure of six types of capital by the largest electricity generating companies, namely PAO Inter RAO, AO Rosenergoatom and PAO RusHydro. Results. The article formulates proposals for disclosure of capital information to address such a lack of accountability as a contradiction to the principle of coherence. It proposes a system of indicators (core and additional) for disclosure of six types of capital by electricity generating companies. Conclusions. A significant reporting problem is the lack of correlation between key strategic objectives and capital changes. The formulated recommendations for disclosure of capital information can help solve this problem, and increase the attractiveness of the integrated report for capital providers.

Research of methods of protecting organizations from inimical mergers and acquisitions

2020 ◽  
pp. 29-45
Author(s):  
O.A. Naydis ◽  
I.O. Naydis
Keyword(s):  
Comparative Analysis ◽  
Mergers And Acquisitions ◽  
Positive Effects ◽  
Advantages And Disadvantages ◽  
Preventive Methods

The article considers the types, forms, mechanisms and classification of mergers and acquisitions, identifies their positive effects, and studies the tactics of acquisitions. The analysis of anti-capture measures: active and preventive methods of protection against hostile mergers and acquisitions. A comparative analysis of anti-capture measures with acquisitions tactics was carried out, the advantages and disadvantages of their application were identified.

ON COMPARATIVE ANALYSIS OF PERFORMANCE OPTIMIZATION METHODS OF MULTI-PUMP UNITS

2020 ◽  
pp. 23-28
Author(s):  
A.I. Glushchenko ◽  
M.Yu. Serov
Keyword(s):  
Energy Efficiency ◽  
Control System ◽  
Comparative Analysis ◽  
Performance Optimization ◽  
Optimization Methods ◽  
Online Optimization ◽  
New Approach ◽  
Advantages And Disadvantages ◽  
Analysis Of Performance

В статье рассматривается вопрос совершенствования системы управления параллельно-работающими насосными агрегатами с целью повышения энергоэффективности их работы. Проведено сравнение и выявление недостатков существующих методов решения рассматриваемой проблемы. Предложена идея нового подхода на базе онлайн оптимизации. The problem under consideration is improvement of the energy efficiency of a control system of parallel-running pump units. Known methods used to solve this problem are considered. Their advantages and disadvantages are shown. Finally, the idea of a new approach, which is based on online optimization, is proposed.

scholarly journals The Logic and Legitimacy of Bank Supervision: The Case of the Bank Holiday of 1933

2021 ◽  
pp. 1-34
Author(s):  
Peter Conti-Brown ◽  
Sean H. Vanatta
Keyword(s):  
New Deal ◽  
Economic History ◽  
Banking System ◽  
Economic Reforms ◽  
Banking Crises ◽  
Public Confidence ◽  
Government Officials ◽  
Bank Supervision ◽  
Political Skills ◽  
The U.S

The U.S. banking holiday of March 1933 was a pivotal event in twentieth-century political and economic history. After closing the nation's banks for nine days, the administration of newly inaugurated president Franklin D. Roosevelt restarted the banking system as the first step toward national recovery from the global Great Depression. In the conventional narrative, the holiday succeeded because Roosevelt used his political talents to restore public confidence in the nation's banks. However, such accounts say virtually nothing about what happened during the holiday itself. We reinterpret the banking crises of the 1930s and the 1933 holiday through the lens of bank supervision, the continuous oversight of commercial banks by government officials. Through the 1930s banking crises, federal supervisors identified troubled banks but could not act to close them. Roosevelt empowered supervisors to act decisively during the holiday. By closing some banks, supervisors made credible Roosevelt's claims that banks that reopened were sound. Thus, the union of FDR's political skills with the technical judgment of bank supervisors was the key to solving the banking crisis. Neither could stand alone, and both together were the vital precondition for further economic reforms—including devaluing the dollar—and, with them, Roosevelt's New Deal.

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