scholarly journals IDENTIFICATION OF MANAGEMENT FUNCTIONS OF TRANSACTION COSTS IN RENTAL RELATIONS

2019 ◽  
Vol 4 (44) ◽  
pp. 79-90
Author(s):  
Sergiy Bardash ◽  
Tatiana Osadcha
Keyword(s):  
Transaction Costs ◽  
Practical Significance ◽  
Control Analysis ◽  
Management Process ◽  
Root Cause ◽  
General Management ◽  
Analysis And Synthesis ◽  
Scientific Results ◽  
Accounting Control ◽  
Management Functions

The urgency of the research consists in the existence of problem issues related to managing transaction costs in terms of rental relations, the main ones being their identification, measurement, accounting, control and analysis.  The root cause of the existence of these problems is the uncertainty of procedural content and the composition of the management functions of transaction costs. The purpose of the research is to determine the composition, interconnection and content of the main management functions of transaction costs. The research methodology is dialectical, abstract-logical and bibliographic methods, by which, based on the critical analysis of the main management functions of transaction costs, the composition of the main management functions of transaction costs is determined; techniques of induction, deduction, analysis and synthesis are applied to identify the content of the management functions of transactional costs of the enterprise as the basis for formation of an interaction system of the management mechanism of such costs. It has been established that management of transaction costs is an obligatory component of the dynamic management process of a business entity, which must be harmonized with the general management process and be consistent with its main purpose – to achieve high economic results of the enterprise. The structure of the main management functions of transaction costs (planning, organization, motivation, accounting, control, analysis, adjustment and coordination), logic of their implementation, interconnection and essence within the framework of implementation of rental relations are established. The practical significance of the research is to create a basis for building a management system for transaction costs and to determine the conditions for its effectiveness. The obtained scientific results will form the prospects for further research, which will consist in determining the elements of the system and the mechanism of transaction costs management by entities of rental relations.

scholarly journals IDENTIFICATION OF TRANSACTION COST MANAGEMENT FUNCTIONS

2021 ◽  
Vol 1 (49) ◽  
Author(s):  
Sergiy Bardash ◽  
Tatiana Osadcha
Keyword(s):  
Transaction Costs ◽  
Transaction Cost ◽  
Financial Stability ◽  
Cost Management ◽  
Economic Benefits ◽  
Information Support ◽  
Control Analysis ◽  
Accounting System ◽  
Management Process ◽  
Management Functions

The basis of information support in the field of economic relations is an accounting system adequate to modern needs. However, such an accounting system as the basis of information support and accounting as one of the functions of management does not create sufficient prerequisites to ensure the effectiveness of the management process, including transaction cost management. Motivation in the process of managing transaction costs involves the use of moral and material incentives for employees of the entity, namely monetary rewards, recognition of achievements, promotion, providing conditions for the manifestation of creative potential in order to prevent deviant behaviour, the consequences of which are the search for economic benefits from the resources of the business units. In addition, the function of motivation should extend to the business partners of the entity and consider their interests, goals and business reputation. The indicated information should form sufficient grounds for the motivational component of business negotiations and create conditions for obtaining the desired result. Effective transaction cost management is a prerequisite for the competitiveness of products, goods, works, services, and the business unit that produces, sells and aims to ensure a lasting plateau of financial stability. This dependence exists since transaction costs both create conditions for further growth of profits generated by the entity and can reduce it under opportunistic behaviour. Optimization of transaction costs can be achieved not only through their accounting, control, analysis, but also the performance of other management functions, the list of which, as evidenced by the study of recent publications, is not definitively defined. This paper proves that transaction cost management is a mandatory component of the dynamic management process of the entity, which should be harmonized with the overall management process and meet its main goal – to achieve high economic performance

scholarly journals Improvement of the Model of Enterprise Management Process on the Basis of General Management Functions

2017 ◽  
Vol 3 (12) ◽  
pp. 4007-4014 ◽  
Author(s):  
Ruslan Skrynkovskyy ◽  
◽  
Grzegorz Pawlowski ◽  
Lyudmyla Harasym ◽  
Mykola Haleliuk ◽  
...  
Keyword(s):  
Enterprise Management ◽  
Management Process ◽  
General Management ◽  
Management Functions

scholarly journals Problems of Identification and Analysis of Transaction Costs at the Economic Entity Level

2021 ◽  
Vol 9 (524) ◽  
pp. 158-163
Author(s):  
T. V. Herasymenko ◽  
Keyword(s):  
Transaction Costs ◽  
Financial Statements ◽  
Theory And Practice ◽  
Practical Significance ◽  
Financial Investment ◽  
Existing Problems ◽  
Institutional Approach ◽  
Economic Entity ◽  
Analysis And Synthesis ◽  
The Impact

The article is aimed at identifying and analyzing transaction costs when making management decisions at the level of an economic entity. In the course of the research, the following methods were used: grouping – in determining the main forms of transaction costs based on existing classifications; generalization – when systematizing information on the identification of approaches to the assessment and measurement of transaction costs; structural and logical – to determine the place of transaction costs in the structure of the enterprise’s costs; analysis and synthesis – to substantiate the recommendations for displaying information on the level of transaction costs at the enterprise in financial statements. The main forms of transaction costs on the basis of existing classifications are researched. Information on identification of approaches to valuation and measurement of transaction costs is systematized. The place of transaction costs in the structure of the enterprise’s expenses is determined. Recommendations on displaying information on transaction costs at the enterprise in the financial statements on the basis of their occurrence in a certain sphere of activity of the market entity (transaction costs of operational, financial, investment activities) are substantiated, which represents the scientific novelty of the research. It is concluded that the institutional approach, in particular application of the theory of transaction costs before their valuation and preparation of financial statements, allows not only identifying possible solutions to existing problems in accounting theory and practice, but also seting fundamentally new tasks that require non-standard solutions. The practical significance of the obtained research results is to determine the impact of transaction costs on the efficiency of the functioning of market entities and substantiate recommendations for displaying information about their level at the enterprise in financial statements.

scholarly journals Interconnection of functional subsystems of corporate governance

2020 ◽  
Vol 12 (1) ◽  
Author(s):  
Svetlana Sharokhina ◽  
Olga Pudovkina
Keyword(s):  
Corporate Governance ◽  
Management System ◽  
Enterprise Management ◽  
Corporate Management ◽  
Control Analysis ◽  
Governance System ◽  
Governance Process ◽  
Enterprise Management System ◽  
Accounting Control ◽  
Management Functions

The article discusses the features of corporate governance associated with the distribution of ownership and management functions. The components of corporate governance elements are considered in two directions: from the standpoint of the requirements of the current law; from the position of identifying corporate governance with the overall management system in the enterprise. The necessity of applying a systematic approach to the allocation of management functions is justified and their relationship in the corporate governance system is determined. The authors argue that in analyzing corporate governance, one cannot identify it with the enterprise management system in general and exclude the influence of owners on the corporate governance process. The authors propose from the set of corporate governance functions called the following list of functions arranged according to their priority, ambiguity, essence: planning, organization, accounting, control, analysis, regulation. The article describes the goals of implementing individual corporate governance functions and outlines the relationship of some functions with others. The authors call the features of the implementation of the analytical function associated with the opposite of interests. So, if for the management of the company carrying out analytical calculations should contribute to the scientific justification of management decisions, then carrying out analytical calculations by owners is most often aimed at assessing the effectiveness of the enterprise through the activities of management personnel. It is substantiated that the need to study the analytical subsystem, taking into account the requirements of a system-functional approach, is dictated by the fact that it is a subsystem in the general corporate management system, which has an informational relationship with other functional subsystems and is implemented both by the owners and the management of the enterprise. In the course of the study, it was found that the main feature of corporate governance is associated with the distribution of the overall management system between the enterprise management and its owners. At the same time, certain functions are implemented only by certain corporate governance bodies, while others are inherent to both owners and management.

scholarly journals Theoretical features and principles of risk management in the activities of an industrial enterprise

2019 ◽  
pp. 143-149
Author(s):  
Alla L. Idobayеva
Keyword(s):  
Risk Management ◽  
Industrial Enterprise ◽  
Practical Significance ◽  
Management Process ◽  
Industrial Enterprises ◽  
Conceptual Apparatus ◽  
Risk Management Process ◽  
Analysis And Synthesis ◽  
Definition Of ◽  
Competitive Products

The purpose of the research. The main purpose of the article is to improve the conceptual apparatus of the risk management process in the activities of an industrial enterprise, the principles of risk management, stages and principles of this process in the activities of an industrial enterprise. Methodology. To improve the conceptual apparatus of the risk management process, the principles of risk management, stages and principles of this process in the activity of an industrial enterprise are used by the following methods: generalization, analysis and synthesis. Results. As a result of the study, an actual definition of the category of “risk management,” the stages of risk management and the principles of risk management process, taking into account the modern features of this process, as well as the features of industrial enterprises. Also, as a result of the study, circumstances that do not allow to effectively use worked out and well-established themselves in other areas of activity evaluation and risk management. Practical meaning. The practical significance of the study is the applied nature of the proposed conceptual apparatus, the principles of risk management, stages and principles of this process that can be used in the process of risk management in the activity of an industrial enterprise, which are particularly relevant in a changing and crisis environment in which industrial enterprises operate, and also allows the enterprise to create and develop competitive products, maintain the required level of stability and efficiency. Prospects for further research. The further researches of the author will be devoted to this. Another direction of subsequent developments will be the development of methodological provision of risk management process in the activities of an industrial enterprise.

Concerning the abuse of power by an official

2020 ◽  
pp. 103-110
Author(s):  
Ihor Oheruk
Keyword(s):  
Criminal Code ◽  
Comprehensive Analysis ◽  
Practical Significance ◽  
Abuse Of Power ◽  
Government Functions ◽  
Analysis And Synthesis ◽  
The Status ◽  
The Subject ◽  
Criminal Legislation ◽  
Logical Semantic

Purpose. The purpose of the work is to analyze the application of the second and third parts of Article 3692 of the Criminal Code of Ukraine to officials in the context, that defines them by the Criminal Code of Ukraine in the note to Article 364 of the Criminal Code of Ukraine. Methodology. The methodology includes a comprehensive analysis and synthesis of the available scientific and theoretical material and the formulation of relevant conclusions and recommendations. In the course of the study, the following methods of scientific knowledge were used: terminological, logical-semantic, system-structural, logical-normative. Results: in the course of research the cause of criminalization of such act as "abuse of power" is considered, the subject of the specified criminal act which has the features of "an official" in the context, that defines it by the note to Article 364 of the Criminal Code of Ukraine is analyzed and the main ways of committing criminal acts, that are provided for in this article of the Criminal Code of Ukraine are identified. Originality. The study found, that one of the key conditions for the opportunity to influence officials, that are authorized to perform government or local self-government functions, is the position held by the official and the related opportunities. Therefore, taking into account the opinion of the scientists, that the subject of crimes, that are provided for by the second and third parts of Article 3692 is special, the peculiarities of which is the cumulative feature, that denotes, that such person is not endowed with the status of an official, well-founded need to specify the criminal legislation of Ukraine in terms of the application the second and third parts of Article 3692 of the Criminal code of Ukraine concerning officials in the context, that defines them by the criminal legislation of Ukraine in the note to Article 364 of the Criminal Code of Ukraine. Practical significance. The research results can be used in lawmaking in the improvement of anti-corruption legislation.

FAMILY VALUES AS A FUNDAMENTAL BASIS FOR THE ESTABLISHMENT AND DEVELOPMENT OF THE MODERN UKRAINIAN STATE

2019 ◽  
pp. 30-37
Author(s):  
Roman Lutsky
Keyword(s):  
Family Relations ◽  
Psychological Adaptation ◽  
Research Process ◽  
Family Values ◽  
Practical Significance ◽  
Family Status ◽  
Main Attention ◽  
Marriage Partner ◽  
Analysis And Synthesis ◽  
Ukrainian Society

Purpose. The aim of this work is to study the characteristics of transformation that appeared in the sphere of family relations in the modern Ukrainian society. The main attention is concentrated on problems of asymmetry of family status. Technique. The methodology includes a comprehensive analysis and synthesis of existing scientific and theoretical material and formulation of appropriate conclusions and recommendations. During the study, we used the following methods of scientific knowledge: terminological, semantic, functional, systemic-structural, comparative legal. Results. The research process recognized that at the present stage of creation of a Ukrainian state more family is in the process of transformation than in decline. It has passed a long way of development and adaptation to diverse conditions of existence, characterized by flexibility and sustainability. Some family functions under the influence of objective conditions disappear, others persist, still others only appear. Scientific novelty. In the research process, a number of faults and reasons in the matter of the transformation of Ukrainian families. The inability of the spouses to overcome the crisis situation in the transition of families from one stage to the other can be connected with the psychological incompatibility of the spouses, the inadequate choice of a marriage partner, the inability of families to solve problems, the low level of socio-psychological adaptation. Practical significance. The results of the study can be used in law-making and enforcement activities while solving family household conflicts.

STRUCTURAL COMPONENTS OF THE PRIVATE MEDICAL SECTOR ACTIVATION MECHANISM

Economical ◽  
2019 ◽  
Vol 2 (2(21)) ◽  
pp. 170-177
Author(s):  
Anzhela Bairak ◽  
Keyword(s):  
Health Care ◽  
Health Care System ◽  
Activation Mechanism ◽  
Practical Significance ◽  
Structural Components ◽  
Medical Sector ◽  
Analysis And Synthesis ◽  
Private Medicine ◽  
Care System

The article examines the problems of private medicine in the health care system of the country. The aim of the article is to determine the structural components of the mechanism of activation of the private medical sector as a reserve for the provision of quality and affordable medical services and a driver for the development of the medical industry. The descriptive-analytical method, methods of analysis and synthesis, comparison, statistical, analysis and scientific generalization were used in the paper. The study substantiates the strengthening of the role of the private medical sector in the health care management system. The key problems of the domestic private medical sector and the restraining factors of its development are identified. It is concluded that it is necessary to develop a mechanism to promote the development of private medicine through a policy of active change in the health care system. The directions of activation of the private medical sector as a target reference point in the process of determining the structural elements of the organizational and economic mechanism are outlined. The structural detail of the mechanism of activation of the private medical sector for optimization of the health care system is offered. The practical significance of the obtained results is that the results of the research presented in the article are a practical basis for the development and improvement of mechanisms of public administration in the field of health care.

Analytical support to organization system of children transportation in long-distance trains

2018 ◽  
Vol 77 (6) ◽  
pp. 232-330
Author(s):  
A. V. Komissarov ◽  
E. A. Makarova ◽  
S. V. Muktepavel ◽  
I. A. Nestrakhov ◽  
I. N. Spesivtseva
Keyword(s):  
Time Of Arrival ◽  
Control Analysis ◽  
Social Significance ◽  
Passenger Cars ◽  
Long Distance ◽  
Number Of Children ◽  
Passenger Traffic ◽  
Destination Station ◽  
Increasing Demand ◽  
Management Functions

Abstract. In modern conditions for passenger complex of Russian Railways, important tasks include improvement of transportation quality, maintenance of stable positions in a competitive environment and increasing demand. To address these issues, a customer-oriented approach is applied based on the segmentation of transport market in relation to certain groups of passengers. Performance of children's transportation is of particular relevance and social significance. Railways are charged with a huge range of work, including sale of travel documents, preparation and equipping of passenger cars, provision of food during the trip, instructing workers, ensuring security during the embarkation/disembarkation of passengers, etc. Children can travel as individually with accompanying persons and as part of organized groups. Processes of planning, organizing, monitoring the transportation of this age category of passengers are associated with the analysis of a large amount of reference and regulatory and reporting documentation. On the basis of the ACS “Express-3”, a program-analytical complex “Children's transportation” was developed and implemented, which allows to receive data at the regional and network levels in the operational (train number, day) and statistical (period of dates, month) modes. This information technology provides analytical support for key transportation management functions — planning, control, analysis. Planning of transportation of organized children's groups is carried out on the basis of a study of the dynamics of data on the number of applications received and travel documents issued, determining the routes of trains, periods of the highest intensity of passenger traffic, obtaining information about the stations of embarkation and disembarkation. To perform the functions of monitoring the embarkation and disembarkation at the destination station of groups of children, the employees involved receive information on the train number, car number, date and time of arrival, number of children in the group using the Children's Transportation software. For the analysis of transportation of children's age categories, a functional has been developed that ensures the construction of aggregated reporting based on trains data that completed the trip. Users receive reporting information in table form, including “strict” (designed according to the approved layout) and “flexible” forms (construction is performed according to specified parameters). Software and analytical complex is designed for managers and specialists of the passenger unit of the JSC “Russian Railways”, has a modular principle of increasing functionality and provides a solution to current problems in the system of organizing children's transport service.

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