scholarly journals Assessing the effectiveness of dividend policy on the example of a joint-stock company

2020 ◽  
pp. 43-48
Author(s):  
A. V. Korotcenkova ◽  
T. A. Martynova
Keyword(s):  
Dividend Policy ◽  
Joint Stock Company ◽  
Stock Company ◽  
Policy Studies ◽  
Legal Form ◽  
Second Stage ◽  
Dividend Payments ◽  
Third Stage ◽  
Three Stages ◽  
Commercial Organizations

The article deals with the concept of dividend policy and the basic theories of dividend policy that have developed during the existence of joint-stock companies as an organizational and legal form. The main types of dividend policy are also defined. Despite the broad theoretical basis, in the conditions of Russian business dividend policy is not considered as an effective tool in the management of the capital of the organization. In practice, when choosing a dividend policy, insufficient attention is paid to its features disclosed in dividend policy studies. In this regard, the need to develop a unified approach to assessing the effectiveness of the dividend policy of commercial organizations is identified. In this regard, a methodology for assessing the effectiveness of the dividend policy of the organization, which includes three stages, is proposed. At the first stage, the type of dividend policy is determined. At the second stage, the effectiveness of the dividend policy of the organization is evaluated, the results of which reveal its shortcomings, a decision is made on the need to adjust the dividend policy. At the third stage, the optimal amount of dividend payments is determined. The methodology was tested on the example of JSC «Kubanenergo». Based on the results of the evaluation, it was proposed to change the type of dividend policy taking into account the interests of the organization and shareholders.

scholarly journals THE ESSENCE AND IMPROVEMENT OF THE DIVIDEND POLICY FOR JOINT STOCK COMPANIES

2021 ◽  
Author(s):  
Iurii Tararuiev ◽  
Keyword(s):  
Dividend Policy ◽  
Gradual Increase ◽  
Joint Stock Company ◽  
Enterprise Development ◽  
Practical Application ◽  
Minority Shareholders ◽  
Stock Company ◽  
Aggressive Approach ◽  
Advantages And Disadvantages ◽  
Dividend Payments

The paper is concerning the problems of forming a dividend policy of joint-stock companies. Also established that the lack of dividend policy leads to a decrease in business reputation and investment attractiveness of joint-stock companies, which negatively affects to the development of that ones. The comparing of variants to define conception of dividend policy of joint-stock company is presented in the paper. As a result, dividend policy of joint-stock company is defined in the paper as a complex of approaches to optimize the size of dividends for various shareholders' groups in order to comply with their property interests, taking into account the financial capabilities and priority objectives of a joint-stock company. Also, the main approaches and basic types of dividend policy realizing is analyzed in the paper with advantages and disadvantages of their practical application. The main alternatives concerning dividend policy are determined in the paper: the growth of investments and accelerated enterprise development with deterioration of the reputation among minority shareholders, or limiting investments with increasing dividends, which leads to improving the reputation and increasing the value of company. In addition, the methodical recommendations for improving the dividend policy of joint-stock companies are substantiated with the improving of current methods of calculating the value of dividends. It is established that the most optimal is dividend policy, which takes into account the relation between financial results and dividend payments of joint-stock company. Particular attention is paid to the substantiation of methods for calculating the value of dividends and allowances, the factor of payment and the and rate of dividends growth. The practical application of the results is important in the case of choosing an aggressive approach to realize dividend policy of joint-stock companies. Thus, the successful application of the recommendations described in the article will provide a gradual increase in business reputation and investment attractiveness of joint-stock companies.

The Coherence of Mary Barton: Romance, Realism, and Utopia

2015 ◽  
Vol 5 (3) ◽  
pp. 185-200
Author(s):  
Robert Z. Birdwell
Keyword(s):  
Thomas Carlyle ◽  
The Novel ◽  
Second Stage ◽  
The Third ◽  
Third Stage ◽  
Three Stages ◽  
Mode Of Production

Critics have argued that Elizabeth Gaskell's first novel, Mary Barton (1848), is split by a conflict between the modes of realism and romance. But the conflict does not render the novel incoherent, because Gaskell surpasses both modes through a utopian narrative that breaks with the conflict of form and gives coherence to the whole novel. Gaskell not only depicts what Thomas Carlyle called the ‘Condition of England’ in her work but also develops, through three stages, the utopia that will redeem this condition. The first stage is romantic nostalgia, a backward glance at Eden from the countryside surrounding Manchester. The second stage occurs in Manchester, as Gaskell mixes romance with a realistic mode, tracing a utopian drive toward death. The third stage is the utopian break with romantic and realistic accounts of the Condition of England and with the inadequate preceding conceptions of utopia. This third stage transforms narrative modes and figures a new mode of production.

Slovak Simple Joint Stock Company – Critical Review and Preliminary Assessment

2020 ◽  
Vol 17 (2) ◽  
pp. 205-230 ◽  
Author(s):  
Mária Patakyová ◽  
Matej Kačaljak ◽  
Barbora Grambličková ◽  
Ján Mazúr ◽  
Patrícia Dutková
Keyword(s):  
Policy Maker ◽  
Critical Review ◽  
Legal Regulation ◽  
Company Law ◽  
Joint Stock Company ◽  
Legal Analysis ◽  
Stock Company ◽  
Preliminary Assessment ◽  
Legal Form ◽  
Innovative Potential

The aim of this paper is to describe a relatively new legal form of the simple joint stock company introduced into Slovak company law in 2017 and evaluate whether it may indeed be a suitable corporate vehicle for new companies with highly innovative potential (startups), or alternatively assess whether the legal form is suitable for other legal and business use cases; and explore and identify potential issues.Moreover, this paper provides an overview and legal analysis of the legal regulation of the simple joint stock company form in comparison with other legal company forms. The attractiveness of some of the key elements of the simple joint stock company’s regulation is verified by an empirical statistical method from public databases. Additionally, the article also provides an assessment as to what extent the identified objectives of the policy maker in relation to the introduction of the new legal form were achieved.

scholarly journals Matemáticas para la Ingeniería de Sistemas [Mathematics for systems engineering]

2014 ◽  
Author(s):  
Iván Mauricio Argote ◽  
Robinson Andrés Jiménez
Keyword(s):  
Mathematics Education ◽  
Systems Engineering ◽  
Specific Area ◽  
Reconstruction Process ◽  
Second Stage ◽  
Engineering Program ◽  
Third Stage ◽  
Three Stages ◽  
Education Courses ◽  
Current Curriculum

Resumen La investigación tiene como propósito la restructuración de la malla curricular del Programa de Ingeniería de Sistemas, de la Universidad Mariana, respecto al área de matemática y su aporte al desarrollo de competencias del respectivo currículo. El proceso de reconstrucción del plan de estudios se llevó a cabo en tres etapas. La primera etapa presenta la identificación de los contenidos curriculares de los cursos de educación matemática del currículo vigente que son pertinentes y esenciales a la formación del Ingeniero de Sistemas. La segunda etapa determina los contenidos que no están presentes en el actual plan de estudios y que deben ser incorporados en los cursos de educación matemática para desarrollar el pensamiento lógico - matemático del Ingeniero de Sistemas. La tercera etapa rediseña los cursos del programa de educación matemática para que sean pertinentes y esenciales, con el área específica del programa de Ingeniería de Sistemas. Palabras Claves: Currículo, Matemática, Ingeniería de Sistemas, Pertinencia, Modelación.   Abstract The research has the purpose of restructuring the curriculum of the Systems Engineering Program, University of Mariana, respect to the area of mathematics and its contribution to the development of the skills of the respective curriculum. The reconstruction process of the curriculum took place in three stages. The first stage presented the identification of the curricula of mathematics education courses current curriculum that are relevant and material to the formation of Systems Engineer. The second stage determines the contents that are not present in the current curriculum and should be incorporated into mathematics education courses to develop logical thinking - Mathematical Systems Engineer. The third stage redesign courses mathematics education program to be relevant and material, with the specific area of Systems Engineering program. Keywords: Curriculum, Mathematics, Systems Engineering, Relevance, Modeling.

scholarly journals Animasi Tata Cara Penyelamatan Bencana Gempa Bumi Untuk Anak - Anak

2020 ◽  
Vol 2 (1) ◽  
pp. 33-42
Author(s):  
Gita Sispratiwi Faja ◽  
Nyoman Miyarta Yasa
Keyword(s):  
Information Dissemination ◽  
Public Knowledge ◽  
National Agency ◽  
School Students ◽  
The West ◽  
Earthquake Disaster ◽  
Second Stage ◽  
The Third ◽  
Third Stage ◽  
Three Stages

The National Agency for the Control of Britain (BNPB) noted that 515 people died from the earthquake in Lombok, West Nusa Tenggara (NTB). Seeing this problem, the author wants to make an animation of earthquake disaster relief procedures that will be used by the BPBD as an additional medium for socializing and delivering information to increase public knowledge about procedures for saving earthquake disasters, especially children. In the process of making this animation using the pipeline method which includes three stages, namely the first stage of pre-production, the second stage of production The third stage of post-production. After doing all the stages are expected to be able to produce animation procedures for earthquake disaster rescue for children. So that this animated video can be used as a media for information dissemination or information delivery by the West Nusa Tenggara Province BPBD office which is more effective for introducing elementary school students. To determine the feasibility of the animation that was made, a beta test was conducted by submitting questionnaires to 30 respondents. The results obtained are animated procedures for rescuing earthquake disasters for children to be used as media for information dissemination or delivery of information by the West Nusa Tenggara Province BPBD office.

scholarly journals URBAN PLANNING IN LIBYA – EVOLUTION, LEVELS, PROBLEMS

HERALD ◽  
2017 ◽  
Vol 7 (19) ◽  
Author(s):  
Abousa Hadoud
Keyword(s):  
Urban Planning ◽  
Urban Development ◽  
Urban Environment ◽  
Natural Increase ◽  
The Public ◽  
Second Stage ◽  
The Third ◽  
Third Stage ◽  
Three Stages ◽  
Development And Environment

Urban planning in Libya in general effectively contributed to preparation of comprehensive and the public plans for all Libyan cities. especially after the issuance of Law No. (5) of 1969, concerning the planning of cities and villages, three key schemes have been developed in three stages starting from the first phase for years 1968 to 1988, and the second stage years from 1988 to 2000, and the third stage years 2000 to 2025. Goal of such schemes is to make a balance between the natural increase of population and urban mass, in order to achieve urban development and environment and preserve of the environment and urban environment from degradation and the spread of degraded areas in Libyan cities. But a number of problems disrupted the planning, and have had effects on the urban development in Libya.

scholarly journals THE INFLUENCE OF COLONIAL TRADING COMPANIES IN THE ESTABLISHMENT AND CONSOLIDATION OF MODERN JOINT STOCK COMPANIES

InterConf ◽  
2021 ◽  
pp. 216-226
Author(s):  
Alexandru Cuznetov
Keyword(s):  
Theoretical Model ◽  
17Th Century ◽  
Joint Stock Company ◽  
Stock Company ◽  
Legal Form

In today’s society, the theoretical and practical discussions about the largest businesses, such as joint stock companies, are still actual.The structure of the Joint Stock Company was not an artificially created theoretical model. Its appearance was predetermined by a series of economic, political, social and other circumstances under the influence of which this organizational-legal form appeared and developed, gradually acquiring new specific features.The issues of the emergence of the first joint-stock companies is questionable among scientists. Some consider that the main specific features of Joint-Stock Companies can be seen in companies founded in Nederland at the beginning of the 17th century, possibly only because of their fast and bright, which attracted the attention of the whole Europe at that time

scholarly journals Aplikasi Sistem Pakar Diagnosa Penyakit Pada Anak Bawah Lima Tahun Menggunakan Metode Forward Chaining

2017 ◽  
Vol 3 (1) ◽  
pp. 61 ◽  
Author(s):  
Bagus Fery Yanto ◽  
Indah Werdiningsih ◽  
Endah Purwanti
Keyword(s):  
Expert System ◽  
System Application ◽  
Disease Diagnosis ◽  
Information Collection ◽  
Forward Chaining ◽  
Second Stage ◽  
Children Health ◽  
Third Stage ◽  
Testing Data ◽  
Three Stages

Abstrak— Anak-anak pada usia 2 bulan sampai 5 tahun (Balita) lebih rentan terkena penyakit. Lingkungan sangat mempengaruhi kesehatan Balita. Penelitian ini bertujuan untuk membuat sebuah aplikasi sistem pakar diagnosa penyakit pada Balita berbasis mobile. Penelitian ini terdiri dari tiga tahap. Tahap pertama adalah pengumpulan data dan informasi dari Manajemen Terpadu Balita Sakit (MTBS) dan wawancara dengan Bidan. Dari pengumpulan data dan informasi tersebut ditemukan fakta penyakit, keluhan, gejala dan saran penanganan. Tahap kedua adalah pembuatan rule dengan 18 penyakit. Tahap ketiga adalah implementasi aplikasi sistem pakar berbasis mobile dengan fitur diagnosa penyakit, riwayat diagnosa dan kumpulan penyakit. Aplikasi sistem pakar yang dibuat dapat mendiagnosa penyakit dan memberikan saran penanganan. Hasil evaluasi dari 50 data uji coba menghasilkan tingkat akurasi sebesar 82%, dimana 41 hasil diagnosa yang benar dan 9 diagnosa yang salah. Kata Kunci— Sistem Pakar, Forward Chaining, Diagnosa Penyakit, Manajemen Terpadu Balita Sakit, Knowladge BaseAbstract— Children at the age of 2 months to 5 years (toddlers) are more susceptible to disease contagious. Environmental condition significantly influences the children health. This  research aimed to create a mobile-based expert system application to diagnose disease in toddlers. This research consist of three stages. The first stage were data and information collection from Manajemen Terpadu Balita Sakit  (MTBS) and interview with medical staffs. From the first stage, we can discover the disease facts, signs, symptoms and treatment advices. The second stage was the construction of rules for 18 diseases. The third stage was the implementation of mobile-based expert system application with features of disease diagnosis, diagnosis history and collection of disease diagnosis. Expert system application made able to diagnose the disease and provide treatment advice. The results of evaluation using 50 testing data provides the level of accuracy of 82%, where 41 diagnosis result were true and 9 diagnosis were false. Keywords— Expert System, Forward Chaining, Disease Diagnosis, Manajemen Terpadu Balita Sakit, Knowledge Base

scholarly journals Wayang Klithik Robot

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Gandar Setiawan1
Keyword(s):  
Main Idea ◽  
Three Dimension ◽  
Visual Form ◽  
Second Stage ◽  
Third Stage ◽  
Three Stages

Wayang is a autentic culture from Indonesia. Wayang has many figure and character. It is main idea of this make the artwork. Inspiration of the artwork also from observation robot forms. Robot has the furious and futuristic form. Like the progression of technologi, form of robot also more experiencing form progression. Until now, form of robot still identic and can not losed from imajinative forms. This prossesing to make the artwork use created methode from Gustami, it is a three stages six steps creating craft artwork. First stage is eksploration consist of observation and finding refference steps. Second stage is desaigning consist of making the sketch and making the gambar teknik or modeling steps. Third stage is forming consist of create artwork and finished with value and evaluation steps. Result of visual form is a three dimension artwork with futuristic robot form. Visual form the artwork is a transformastion of futuristic wayang klithik with robot form. The puppet figures are Wrekudara and Gatotkaca Combination form is a method for impression and aesthete value of the artwork. Wayang merupakan budaya asli dari Indonesia. Wayang memiliki berbagai macam tokoh dan karakter. Wayang menjadi ide utama dalam penciptaan karya ini. Inspirasi karya juga muncul dari pengamatan bentuk-bentuk robot. Robot memiliki bentuk yang variatif dan futuristik. Sesuai dengan perkembangan teknologi, bentuk robot juga mengalami perkembangan yang lebih bermacam-macam. Sampai saat ini, bentuk robot masih identik dan tidak bisa lepas dari bentuk-bentuk imajinatif. Proses pembuatan karya seni ini menggunakan metode penciptaan dari Gustami, yaitu metode tiga tahap enam langkah dalam menciptakan karya seni kriya. Tahap pertama yaitu eksplorasi yang meliputi langkah pengamatan dan pencarian sumber pustaka. Tahap kedua merupakan tahap perancangan yang terdiri dari langkah pembuatan beberapa sketsa dan pembuatan gambar teknik ataupun model. Tahap yang ketiga yaitu tahap perwujudan yang terdiri langkah pengerjaan karya, dan diakhiri dengan penilaian juga evaluasi karya yang telah jadi. Bentuk visual yang dihasilkan yaitu karya seni tiga dimensi dengan bentuk futuristik menyerupai robot. Bentuk visual karya merupakan penggabungan antara bentuk wayang klithik dengan bentuk robot. Tokoh wayang yang dibuat yaitu Wrekudara dan Gatotkaca. Perpaduan bentuk dilakukan sebagai cara untuk memberikan kesan dan nilai estetik pada karya.

Signs of polichnous deformations in microstructures of carbonate rocks of the Katav-Yuryuzan zone of transpression (Southern Urals)

2020 ◽  
pp. 13-21
Author(s):  
A. V. Tevelev ◽  
A. A. Borisenko ◽  
M. I. Erokhina ◽  
S. S. Popov ◽  
I. A. Kosheleva ◽  
...  
Keyword(s):  
Simple Shear ◽  
Carbonate Rocks ◽  
Pure Shear ◽  
Southern Urals ◽  
Second Stage ◽  
The Third ◽  
The North ◽  
Third Stage ◽  
Three Stages ◽  
Two Stages

The Katav-Ivanovsk transpression zone experienced at least two stages of tectonic deformations, and the sequence of deformations was approximately the same throughout the entire zone — from the Bakal-Satka fault in the south to the Suleimsky fault in the north. Three stages of the formation of parageneses were identified. The parageneses of the first and the second stages were formed in a pure shear environment, and the paragenesis of the third stage — in a simple shear environment. There are stylolites (S1) parallel to bedding, and mineral veins (V1) in the paragenesis of the first stage. Paragenesis of the second stage combines stylolites (S2), mineral veins (V2) and intergranular cleavage (S2). In paragenesis of the third stage were distinguished schistosity (S3), milonites (S3), cataclasites, mica packets (SC-textures), and the rotation structures of porphyroblasts.

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