scholarly journals CAPITAL RESERVE MANAGEMENT OF PUBLIC COMPANIES: ACCOUNTING TOOLS AS INFORMATION FUNCTION OF TARGET MECHANISM

2021 ◽  
Vol 7 (3) ◽  
pp. 150-158
Author(s):  
Olesia Lemishovska ◽  
Iryna Yaremko
Keyword(s):  
Financial Reporting ◽  
Large Scale ◽  
The State ◽  
Stable Operation ◽  
Public Companies ◽  
Reserve Management ◽  
State Budgets ◽  
Global Companies ◽  
The Face ◽  
Reserve System

The purpose of the article is to present the financial and economic content and purpose of capital reserves, insurance funds to ensure future costs and payments as the main components of the reserve system of public companies. The methods of theoretical and comparative analysis allowed to expand the view of the objects of reservation in the global space by comparing the norms of international standardization of financial reporting and the mandatory requirements of individual states in the field of reservation. The research methodology covers the analysis of reserved sources for Ukrainian and global companies in the context of the large-scale socio-economic crisis caused by the global COVID-19 pandemic. Based on a comparative assessment of the potential of reserve sources of surveyed companies, reservation in today’s crisis economy and in the foreseeable future is one of the most necessary and important means of ensuring the stable operation of socially significant companies. The study of regulatory norms of different states and principles and norms of standardization of public financial reporting led to the conclusion that for internal management purposes and market counterparties and public administration in the face of increasing unpredictability and depth of risk requires a more detailed and reliable information base on existing modern companies reserved funds to overcome the risks of loss (reduction) of capital. The practical consequences of weak imperatives on the obligation to create reservation facilities have been reflected in the allocation of subsidies from the state budgets of different countries to commercial structures in many areas of the economy. The existing issues actualize multi-vector developments in the system of interdisciplinary research, which substantiates the scientific legitimacy and relevance of our study. The results of analytical and logical approaches in assessing the state of backup support for Ukrainian and well-known international companies became the basis for obtaining evidence and arguments in formulating the parameters of adequate information for the current needs of targeted management of backup processes. The methods of verification of reserve system components proposed in this study can be used to establish general trends in the development of information parameters (accounting and public reporting system) in the field of reserve management and future losses (reduction) of capital of modern public companies.

scholarly journals PELINDUNGAN HUKUM ATAS VAKSIN COVID-19 DAN TANGGUNG JAWAB NEGARA PEMENUHAN VAKSIN DALAM MEWUJUDUKAN NEGARA KESEJAHTERAAN

2021 ◽  
Vol 17 (1) ◽  
Author(s):  
Muh. Ali Masnun ◽  
Eny Sulistyowati ◽  
Irfa Ronaboyd
Keyword(s):  
Intellectual Property Rights ◽  
Large Scale ◽  
Trade Secret ◽  
Legal Aspects ◽  
The State ◽  
The Other ◽  
Social Distancing ◽  
Advantages And Disadvantages ◽  
The Face ◽  
National Disaster

Abstract The Covid-19 pandemic that has plagued various fields of life, both in the economic, political, education, until the Covid-19 pandemic outbreak was declared as national disaster. Based on that, various efforts are continuously being pursued for strategies to tackle the spread of the virus which has claimed a relatively large number of lives. Among other things, these efforts are through the policy of Large-Scale Social Restrictions, social distancing, including efforts to find the vaccine. The purpose of this study is to analyze the legal aspects of the Covid-19 vaccine and the responsibility of the State in fulfilling the Covid-19 vaccine. This research typology is a doctrinal research using primary and secondary legal materials using analytical descriptive. Based on the results of the analysis, it can be explained that the Covid-19 vaccine, besides having economic aspects, also has legal aspects that deserve attention. The economic aspect is that the Covid-19 vaccine is a necessity for everyone in the face of a pandemic, so that vaccines will become a sexy commodity that is definitely targeted and has high selling power. On the other hand, in supporting these commodities, it needs to be protected through a legal instrument known as protection of intellectual property rights, namely through a patent regime or trade secret. Choosing one of these has both advantages and disadvantages, so it needs to be considered carefully. The exclusivity of the Covid-19 vaccine in IPR is not something that can be exploited indefinitely, but the State can exist as a form of its responsibility through the application of compulsory licenses or disclosure of confidential information. Keywords: legal aspects; covid-19 vaccine dutch cemetry; responsibility of the stateAbstrakPandemi Covid-19 yang telah mewabah telah memberikan dampak berbagai bidang kehidupan, baik bidang ekonomi, politik, pendidikan, hingga kemudian wabah pandemi Covid-19 dinyatakan sebagai bencana nasional. Berdasarkan hal tersebut berbagai upaya terus diupayakan strategi untuk menanggulangi penyebaran virus yang telah menelan korban jiwa relatif banyak. Antara lain upaya tersebut melalui kebijakan Pembatasan Sosial Berskala Besar (PSBB), menjaga jarak (social distancing), termasuk upaya menemukan vaksinnya. Tujuan dari penelitian ini untuk menganalisis aspek hukum atas vaksin Covid-19 dan tanggung jawab Negara dalam pemenuhan vaksin Covid-19. Tipologi riset ini merupakan penelitian doktrinal dengan menggunakan bahan hukum primer maupun sekunder dengan menggunakan deskriptif analitis. Berdasarkan hasil analisis dapat dijelaskan bahwa vaksin Covid-19 di samping memiliki aspek ekonomi juga memiliki aspek hukum yang sangat patut diperhatikan. Aspek ekonomi bahwa vaksin Covid-19 sebagai kebutuhan semua orang dalam menghadapi pandemi, sehingga vaksin akan menjadi komoditi seksi yang sudah pasti diincar dan memiliki daya jual tinggi. Di sisi lain dalam menunjang komoditi tersebut perlu dilindungi melalui instrumen hukum yang dikenal dengan pelindungan hak kekayaan intelektual yakni melalui rezim paten atau pun rahasia dagang. Pemilihan salah satu tersebut masing-masing memiliki kelebihan maupun kelemahan, sehingga perlu dipertimbangkan secara matang. Eksklusivitas vaksin Covid-19 dalam HKI bukanlah sebuah hal yang dapat dieksploitasi tanpa batas, melainkan Negara dapat hadir sebagai bentuk tanggung jawabnya melalui penerapan lisensi wajib atau pengungkapan informasi yang bersifat rahasia.

Calling the cavalry: firm-level investment in the face of decentralized expropriation

2020 ◽  
Vol 16 (4) ◽  
pp. 503-518 ◽  
Author(s):  
Israel Marques ◽  
Irina Levina ◽  
Anton Kazun ◽  
Andrei Yakovlev
Keyword(s):  
Large Scale ◽  
The State ◽  
Negative Consequences ◽  
Central State ◽  
Firm Level ◽  
Business Association ◽  
Level Data ◽  
The Face ◽  
Local Officials ◽  
Using Data

AbstractWhat characteristics of firms give them the confidence to invest in settings rife with expropriation by local officials? Empirically, firms in the developing world often face the threat of expropriation from local agents of the state rather than a centralized autocrat. Because policing local officials is costly, the state cannot easily credibly commit to doing so. This has negative consequences for investment. We argue that one solution is to allow firms to approach the state directly to ask for intervention. Not all firms are equally able to successfully get the attention of the state, however, so this mechanism only works for some. We develop an argument about the firm-level characteristics – large-scale employment, political connections, foreign ownership, and business association membership – that should make the central state more attentive to calls for help. Because firm with these characteristics are more likely to secure intervention against predatory bureaucrats, the latter are less likely to try to expropriate them. These firms' investment decisions should be less sensitive to local expropriation than other firms. We test this argument using data on cases of decentralized expropriation across Russia's regions and firm-level data from a cross-regional, large scale survey of Russian firms.

The Application of State Overhaul in Power System Plant Based on IOT

2013 ◽  
Vol 389 ◽  
pp. 1069-1074
Author(s):  
Zu Min Wang ◽  
Hui Lin Sun
Keyword(s):  
Internet Of Things ◽  
Power System ◽  
Power Plants ◽  
Large Scale ◽  
The State ◽  
Stable Operation ◽  
Related Research ◽  
Maintenance System ◽  
Substation Equipment ◽  
Internet Of Things Technology

The state overhaul is not only a kind of maintenance system, but also a kind of management system, which is especially important and widely used in power system. However, in recent years, along with the power system in large-scale development of high parameters and automation, only relying on the traditional sate maintenance already cannot satisfy the power system safe and stable operation requirements, and the emergence of the state overhaul based on Internet of things technology can well solve the problem. After the review of the application of state overhaul in power system based on Internet of things technology in this paper, emphatically expounds the applications of state overhaul based on Internet of things technology in power plants, transmission and substation equipment. Pointed out that state overhaul based on Internet of things technology is the key to realize the fusion between smart grid and IOT . Finally, make outlook the related research of state overhaul in power system based on Internet of things technology.

scholarly journals Who owns the German subsurface? Ownership and sustainable governance of the subsurface in Germany

2021 ◽  
Author(s):  
Frederic Berger ◽  
Philipp Blum
Keyword(s):  
Sustainable Use ◽  
The State ◽  
Resource Exploitation ◽  
Lower Saxony ◽  
State Budget ◽  
Financial Benefits ◽  
Property Owners ◽  
State Budgets ◽  
The Face ◽  
State Income

AbstractIn 1980, the Federal Mining Act was introduced to govern the use of the German subsurface. By paying royalties, companies can get permission to exploit resources. Yet, there is no official report breaking down the payments for hydrocarbons and lignite, in particular regarding the effectively levied fees. Hence, the objective of this study is to provide an overview of the ownership and paid royalties, and to discuss the sustainable use and management of the German subsurface in the face of ecological, social, and economic impacts of resource exploitation. Our analysis shows that the subsurface is partly state- and partly company-owned. Lignite is almost exclusively privately owned by two companies. In contrast, hydrocarbons are predominantly state-owned. In 2017, on average 13% was paid in royalties for gas and 11% for petroleum. These royalties have minor impact on state budgets. For instance, in the concerned state of Lower Saxony, the levies amount to 189 million € or 0.6% of the state budget. Thus, the state income from royalties is low. However, local communities and property owners have no financial benefits. Finally, to obtain a more sustainable use of subsurface, the current Federal Mining Act must be adapted to account for environmental and social impacts.

Is economic inequality a universal evil?

2019 ◽  
pp. 91-106 ◽  
Author(s):  
Rostislav I. Kapeliushnikov
Keyword(s):  
Quantitative Data ◽  
Large Scale ◽  
Economic Inequality ◽  
The State ◽  
Fair Play ◽  
Left Wing ◽  
Ordinary People ◽  
The Public ◽  
Discursive Power ◽  
A Current

Using published estimates of inequality for two countries (Russia and USA) the paper demonstrates that inequality measuring still remains in the state of “statistical cacophony”. Under this condition, it seems at least untimely to pass categorical normative judgments and offer radical political advice for governments. Moreover, the mere practice to draw normative conclusions from quantitative data is ethically invalid since ordinary people (non-intellectuals) tend to evaluate wealth and incomes as admissible or inadmissible not on the basis of their size but basing on whether they were obtained under observance or violations of the rules of “fair play”. The paper concludes that a current large-scale ideological campaign of “struggle against inequality” has been unleashed by left-wing intellectuals in order to strengthen even more their discursive power over the public.

Yu.F. Samarin’s Model of the National State: Between Archaic and Modern

2019 ◽  
Vol 54 ◽  
pp. 149-155
Author(s):  
Alexey B. Panchenko
Keyword(s):  
Rural Community ◽  
Fundamental Difference ◽  
The State ◽  
Basic Unit ◽  
National State ◽  
Basic Model ◽  
The Face ◽  
Identical Position ◽  
Ethnocultural Community ◽  
Communicative Space

Yu. F. Samarin’s works are traditionally viewed through the prism of his affiliation with Slavophilism. His view of the state is opposed to the idea of the complex empire based on unequal interaction of the central power with the elite of national districts. At the same time it was important for Samarin to see the nation not as an ethnocultural community, but as classless community of equal citizens, who were in identical position in the face of the emperor. Samarin’s attitude to religion and nationality had pragmatic character and were understood as means for the creation of the uniform communicative space inside the state. This position for the most part conformed with the framework of the national state basic model, however there still existed one fundamental difference. Samarin considered not an individual, but the rural community that owned the land, to be the basic unit of the national state. As the result the model of national state was viewed as the synthesis of modernistic (classlessness, pragmatism, equality) and archaic (communality) features.

Particularities of the independent auditor's report on reliability of accounting (financial) statements for 2019: COVID-19 as qualitatively essential information (Part 2)

2020 ◽  
Vol 23 (7) ◽  
pp. 777-799
Author(s):  
O.I. Shvyreva ◽  
Z.I. Kruglyak ◽  
A.V. Petukh
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Economic Situation ◽  
Risk Disclosure ◽  
Essential Information ◽  
Logical Method ◽  
Annual Reporting ◽  
The Face ◽  
Key Aspects ◽  
The Impact

Subject. This article discusses the issues related to the practice of financial reporting in the face of uncertainties caused by the coronavirus contagion, as well as the specifics of the audit strategy and formation of an audit opinion on this reporting. Objectives. The article aims to identify the quality characteristics of financial reporting prepared in the context of the COVID-19 pandemic and justify the key aspects of assurance engagement completion in an extremely uncertain epidemiological and economic situation. Methods. For the study, we used an abstract-logical method, content analysis techniques, systematization, and classification. Results. Analyzing the impact of the extremely uncertain epidemiological and economic situation on financial statements, the article clarifies aspects of disclosure of events after the reporting date and threats to business continuity in the annual reporting of economic entities. The article identifies possible alternative procedures and algorithms to obtain proper evidence when it is insufficient in the face of the inability to meet certain audit standards requirements in a remote audit environment. The article defines the impact of COVID-19 risk disclosure on the structure of the audit report and opinion. Relevance. The results of the study can be used in the practical activities of economic entities that prepare financial statements in the face of significant uncertainty, as well as auditors and audit organizations.

The Prophetic Voice of the Church in a Democratic South Africa – A Theological Reflection

2018 ◽  
Vol 15 (2) ◽  
Author(s):  
Lufuluvhi Maria Mudimeli
Keyword(s):  
South Africa ◽  
Economic Transformation ◽  
The State ◽  
Black Liberation ◽  
South Africans ◽  
Black Liberation Theology ◽  
Prophetic Voice ◽  
The Face ◽  
The Church

This article is a reflection on the role and contribution of the church in a democratic South Africa. The involvement of the church in the struggle against apartheid is revisited briefly. The church has played a pivotal and prominent role in bringing about democracy by being a prophetic voice that could not be silenced even in the face of death. It is in this time of democracy when real transformation is needed to take its course in a realistic way, where the presence of the church has probably been latent and where it has assumed an observer status. A look is taken at the dilemmas facing the church. The church should not be bound and taken captive by any form of loyalty to any political organisation at the expense of the poor and the voiceless. A need for cooperation and partnership between the church and the state is crucial at this time. This paper strives to address the role of the church as a prophetic voice in a democratic South Africa. Radical economic transformation, inequality, corruption, and moral decadence—all these challenges hold the potential to thwart our young democracy and its ideals. Black liberation theology concepts are employed to explore how the church can become prophetically relevant in democracy. Suggestions are made about how the church and the state can best form partnerships. In avoiding taking only a critical stance, the church could fulfil its mandate “in season and out of season” and continue to be a prophetic voice on behalf of ordinary South Africans.

TO THE PROBLEMS OF COMBATING CORRUPTION IN MODERN RUSSIA AND INTERNATIONAL COOPERATION IN THE FIELD OF ANTI-CORRUPTION

2020 ◽  
Author(s):  
Angela Dranishnikova
Keyword(s):  
Large Scale ◽  
The State ◽  
Point Of View ◽  
Modern Life ◽  
Existing Problems ◽  
Moral Point ◽  
Material Goods ◽  
The Russian Federation ◽  
The Difference ◽  
The Government

In the article, the author reflects the existing problems of the fight against corruption in the Russian Federation. He focuses on the opacity of the work of state bodies, leading to an increase in bribery and corruption. The topic we have chosen is socially exciting in our days, since its significance is growing on a large scale at all levels of the investigated aspect of our modern life. Democratic institutions are being jeopardized, the difference in the position of social strata of society in society’s access to material goods is growing, and the state of society is suffering from the moral point of view, citizens are losing confidence in the government, and in the top officials of the state.

Etude de l'aménagement d'une forêt classée au Mali avec la participation des populations riveraines - Données du problème et éléments de méthodologie | A Study of the Management of a State-Owned Forest in Mali with the Participation of the Population Living nearby - Issue under Investigation and Elements of Methodology

2000 ◽  
Vol 151 (3) ◽  
pp. 80-83
Author(s):  
Pascal Schneider ◽  
Jean-Pierre Sorg
Keyword(s):  
Natural Resources ◽  
Research Methodology ◽  
Large Scale ◽  
Environmental Context ◽  
Forest Resources ◽  
The State ◽  
Commercial Use ◽  
Economic Context ◽  
The People

In and around the state-owned forest of Farako in the region of Sikasso, Mali, a large-scale study focused on finding a compromise allowing the existential and legitimate needs of the population to be met and at the same time conserving the forest resources in the long term. The first step in research was to sketch out the rural socio-economic context and determine the needs for natural resources for autoconsumption and commercial use as well as the demand for non-material forest services. Simultaneously, the environmental context of the forest and the resources available were evaluated by means of inventories with regard to quality and quantity. According to an in-depth comparison between demand and potential, there is a differentiated view of the suitability of the forest to meet the needs of the people living nearby. Propositions for a multipurpose management of the forest were drawn up. This contribution deals with some basic elements of research methodology as well as with results of the study.

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