scholarly journals Foreign Experience of Bank Financing of Sustainable Ecological Economic Development and Prospects of its Utilization in Russia

2019 ◽  
Vol 12 (5) ◽  
pp. 121-131
Author(s):  
O. U. Avis
Keyword(s):  
Economic Development ◽  
Business Strategy ◽  
Climate Impact ◽  
Foreign Banks ◽  
Business Strategies ◽  
Environment Protection ◽  
Foreign Experience ◽  
Ecological Economic ◽  
Domestic Banks ◽  
Medium Businesses

The subject of the research is foreign experience of bank participating with different business strategies in guaranteeing of sustainable ecological economical country development. The purpose of the work is to elaborate suggestions for contemporary credit institutions to realize projects and products with the emphasis on the environment protection, climate impact minimization and resources saving.The importance of the problem of environment protection financing is determined by the necessity of major overhaul for domestic banks to reconsider the approach to their efficiency evaluation on the basis of foreign experience to comply with the social, ecological and climatic standards in attracting resources and their allocation on markets of capital and loans. Nowadays many foreign banks widely use such standards defining creditworthiness of major corporations, small and medium businesses and deciding whether to credit them, as well as in the accounting to oversight  bodies. This approach is typical for so-called green, ecological, “alternative” banking institutions. The article demonstrates that Russian banks do not usually follow such strategies. The fact that some Russian banks realize a number of ecologically oriented projects does not influence the overall level of the sustainable ecological economic development of the country. It is concluded that it is absolutely necessary to study and adopt the foreign  experience of forming, transformation and realization of new banking business strategy in which along with economic efficiency ecological and social aspects equally matter.

scholarly journals Faktor-faktor Penentu Keberhasilan Usaha Kecil dan Menengah (UKM) di Kota Yogyakarta

2016 ◽  
Vol 6 (1) ◽  
pp. 24
Author(s):  
Eny Sulistyowati ◽  
Nining Sofiati Lestari
Keyword(s):  
Business Strategy ◽  
Urban Areas ◽  
Business Performance ◽  
Business Strategies ◽  
Direct Influence ◽  
Performance Variables ◽  
Independent Variable ◽  
Medium Businesses ◽  
The City ◽  
Variable Performance

<p><span class="fontstyle0">This research was conducted with the aim to explain the influence of the characteristics of the owner/manager of the business strategy, describes the influence of business strategy on business performance, explaining the influence of the characteristics of the owner/manager of the business performance. Variables used in this research is variable owner/manager, business strategy (independent variable) and variable performance or Small Bussinis Performance (dependent variable). The results obtained show that a direct influence on the performance characteristics of the manager of small and medium businesses in the </span><span class="fontstyle0">city of Yogyakarta strong with R2 values of 0.224, or 22.4%, the effect of business strategies on business performance </span><span class="fontstyle0">of small and medium businesses in urban areas with R2 values of 0,049 or 4.9%. Meanwhile, indirectly influence the characteristics of managers' business performance through business strategy in the city of Yogyakarta only has value R2 value of 0.080 or 8.0%.</span></p>

scholarly journals NEW BUSINESS STRATEGIES FORMATION OF ENTERPRISES AND OUTSOURCING DEVELOPMENT AS A CONDITION FOR INCREASING COMPETITIVENESS IN THE MARKETS OF EUROPE AND UKRAINE: COMPARATIVE ANALYSIS

2021 ◽  
Vol 7 (4) ◽  
pp. 203-213
Author(s):  
Svitlana Khalatur ◽  
Nataliia Kuprina ◽  
Larysa Kurbatska
Keyword(s):  
Economic Development ◽  
Business Strategy ◽  
New Technologies ◽  
Financial Analysis ◽  
Business Strategies ◽  
Business Practices ◽  
Infrastructure Development ◽  
First Case ◽  
New Business ◽  
Modern Business

The purpose of the article is to substantiate the need for the formation of new business strategies of enterprises and the development of outsourcing as a condition for increasing competitiveness in the markets of Europe and Ukraine. The subject of research is the process of forming new business strategies of enterprises and the development of outsourcing as a condition for increasing competitiveness in the markets of Europe and Ukraine. Methodology. Theoretical and methodological basis of the study is the theory of systems, the theory of economic development, scientific developments of foreign and domestic models on the business strategy formation of enterprises, economic development of European countries. General scientific and special methods were used to achieve a specific goal, in particular: the methods of economic and financial analysis; statistical and economic method, including comparison, as well as the graphical method. Conclusion. Thus, in the context of globalization, all countries and their businesses are looking for new forms of international cooperation, including outsourcing. The effectiveness of outsourcing business strategies is confirmed by global practice, which shows that currently more than half of European companies use outsourcing in their activities. There is a unique opportunity for Ukraine and its regions to take advantage of international outsourcing due to the possible positioning in today's market both as a provider of outsourcing services and as a customer. In the first case, this can be achieved through an attractive ratio of high skills and low wages, a satisfactory level of infrastructure development, and in the second case – by getting access to cheaper or rare resources, new technologies, best business practices, which forms the basis for the transition of Ukrainian enterprises to innovative development. Outsourcing is an effective way of doing business, given the benefits and opportunities that the customer company receives when using it. The business model of innovative outsourcing is an important direction of modern business development in the global marketplace. Nowadays, personnel outsourcing is an effective tool for improving the performance of any enterprise, taking into account the above-mentioned advantages and limitations that the customer receives in their application. However, outsourcing should not be considered a universal tool for solving issues and problems of enterprises, as there are tasks that can not be entrusted to independent professionals. Any business strategy of the enterprise must be consistent with the probable risks.

Formation of innovative territorial clusters as basis of increase in efficiency of regional economies

2017 ◽  
Vol 32 (3) ◽  
pp. 26-38 ◽  
Author(s):  
M. Y. Veselovsky
Keyword(s):  
Economic Development ◽  
The State ◽  
Regional Economies ◽  
Foreign Experience

In article primary benefits of innovative territorial clusters, and also domestic and foreign experience of their creation and formation are described. Initiatives of the state of increase in efficiency of activities of innovative clusters, the main shortcomings of their operation are selected, measures which implementation, will allow to become innovative clusters drivers of economic development of regional economies are proposed.

The relationship between MNCs’ strategies and executive staffing

2017 ◽  
Vol 25 (2) ◽  
pp. 233-250 ◽  
Author(s):  
Sangeetha Lakshman ◽  
C. Lakshman ◽  
Christophe Estay
Keyword(s):  
International Business ◽  
Business Strategy ◽  
Global Strategy ◽  
Business Strategies ◽  
Future Research ◽  
Research Approach ◽  
Global Integration ◽  
Content Type ◽  
Managerial Implications ◽  
The Relationship

Purpose The purpose of this paper is to examine the relationship of business strategies with executive staffing of multinational companies (MNCs). Design/methodology/approach Based on in-depth interviews conducted with top executives of 22 MNCs’, the authors identify important connections between international business strategies and staffing orientation. The authors used the qualitative research approach of building theory from interviews; thus, creating theoretical propositions from empirical evidence. Findings The authors find that when the pressure for global integration is high, MNCs use more parent-country national (PCNs) (ethnocentric staffing) as against the use of host-country managers (HCNs) (polycentric staffing) when this pressure is low. Additionally, MNCs using a global strategy are more likely to use an ethnocentric staffing approach, those using a multi-domestic strategy use a polycentric approach and firms using transnational strategy adopt a mix of ethnocentric and polycentric approaches. Research limitations/implications Although the authors derive theoretical patterns based on rich qualitative data, their sample is relatively small and comprises mostly of French MNCs. Generalizability to a broader context is limited. However, the authors’ findings have critical implications for future research. Practical implications The authors’ findings provide critical managerial implications for MNCs in matching their HR strategies with business strategies. These are important for effective strategy implementation. Originality/value Although MNC staffing orientations have been studied for a long time, their relationship to international business strategies is still not clearly understood. The authors contribute to the literature by investigating the relationship between MNCs’ business strategy types with staffing orientations.

Indian study shows high-performance work systems (HPWS) mediate the relationship between business strategy and employees’ intention to leave

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Keyword(s):  
Business Strategy ◽  
Cost Reduction ◽  
High Performance ◽  
Intention To Leave ◽  
Business Strategies ◽  
Work Systems ◽  
Content Type ◽  
High Performance Work Systems ◽  
Mediating Role ◽  
The Relationship

Purpose This paper examines the relationship between business strategies and employees’ intention to leave (ITL), through the mediating role of high-performance work system (HPWS). Design/methodology/approach To test their hypotheses, the authors used self-administered questionnaires. They drew up a list of 600 organizations of different nature and structure operating in India that were listed by the Federation of Indian Chambers and Industry. They approved 192 organizations and sent the surveys to 960 executives. They aimed to receive a minimum of one response from an HR executive and two from non-HR executives from each one. In the end, they received 572 useable responses. Findings The study found that high-performance work systems (HPWS) mediate the relationship between business strategy and employees’ intention to leave (ITL). The two effective approaches were “quality management” and “innovation strategy”, both of which reinforced the adoption of HPWS. But a third approach, a “cost-reduction strategy”, was not shown to be positively correlated with HPWS. Another important finding was that the influence on ITL did not vary across the types, or ownership structures, of the firms. Originality/value The data has lessons for HR departments. First, it shows it is advantageous for firms hoping to retain more employees to invest in HPWS that are consistent with the values of their organizations. A second practical finding is that firms need to take into account the Indian context. A third lesson is HR practitioners should make strong efforts to communicate the goals of the HPWS to employees The study also shows firms adopting cost-reduction strategies should focus more on treating employees as resources.

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