scholarly journals ACTUALIZATION OF PROBLEMS AND NOVELS OF THEORETICAL AND LEGAL SEGMENTS OF CERTAIN BANKRUPTCY PROCEDURES

2020 ◽  
Vol 73 ◽  
pp. 87-94
Author(s):  
Vitaliy Kadala ◽  
◽  
Olena Guzenko ◽  
Keyword(s):  
Business Environment ◽  
Point Of View ◽  
Entrepreneurial Activity ◽  
Main Task ◽  
Doing Business ◽  
Management Measures ◽  
Legislative Regulation ◽  
Definition Of ◽  
Design Options ◽  
Legal Entities

The article is devoted to the issues of actualization of problems and novelties in the context of theoretical and legal segments of the bankruptcy procedure. The activities of economic entities are influenced by external and internal factors, but the issues of their solution remain in most cases in the discussions of politicians, scientists and representatives of the business environment. The effectiveness of legal entities has recently proved that the application of bankruptcy proceedings has intensified. However, remediation issues do not always have and receive adequate support. The consequence of these phenomena is the cessation of activities not only of small and medium-sized businesses, but also of individual large businesses. The main task of modern enterprises on the verge of bankruptcy is to develop tools and tools that allow to predict and analyze potential crises, to design options for their resolution and the appropriate information and economic base of management. Practical entrepreneurial activity proves that a number of issues remain unresolved and need more in-depth research and attention. This phenomenon indicates the modernity and relevance of the study given the realities of the functioning of legal entities. The article draws attention to the legislative regulation of bankruptcy procedures, identifies the priorities of legislative initiatives. The question of the scientific position of scientists concerning the characteristic of the conceptual categories "bankruptcy" and "remediation" is investigated. The author's vision of the essential characteristics of these categories is given, the substantiation of expediency of their adaptation in activity of domestic enterprises is given. A package of anti-crisis management measures has been developed taking into account the current realities of doing business. Proposals for improving the legislative regulation from the standpoint of reorganization procedures are presented. The development, approval and adaptation of the "Regulations on the stages of remediation" is proposed. From the author's point of view, it is expedient to include in the structure of the legislative regulator: conceptual apparatus for reorganization procedure, definition of methods and techniques of evaluation of clearly defined criteria with establishment of their normative limits, coverage of monitoring procedures.

scholarly journals MOTIVATION OF ENTREPRENEURIAL ACTIVITY IN THE CONTEXT OF THE PROBLEM APPROACH

2020 ◽  
pp. 108-118
Author(s):  
Roman Zavadyak ◽  
◽  
Ivan Kachur ◽  
Kristian Popovych ◽  
Keyword(s):  
Business Environment ◽  
Entrepreneurial Activity ◽  
Modern Concept ◽  
Internal Motivation ◽  
Wide Range ◽  
Method Of Solution ◽  
Place Of Origin ◽  
Definition Of ◽  
Time Of Origin ◽  
Internal Potential

The aim is to study the essence of entrepreneurial activity and modern motivational concepts, which allows you to identify and systematize the main problems of motiva-ting business activity.The study showed that the motivation of entrepreneurial activity is a complex phenomenon that affects both the internal potential of the business and various counterparties and the business environment as a whole. The main elements of motivation of entrepreneurial activity are: self-motivation of a business actor (any activity will not be effective without internal motivation), staff motivation (entrepreneurship is the result of attracting various resources, including labor, which should be stimulated to achieve goals of the organization) and motivation of third parties who contact the business directly or indirectly.The constructed triangle of motivation provides opportunities in the course of practical activity of business to allocate the basic directions of diagnostics of problems of motivation of business activity.The study showed that there is a wide range of problems of business motivation, among which the determinants are: the first group of problems, covering research and activation of motives for starting your own business, starting a business; the second group of problems concerns the definition of the essence of business motivation, is to diagnose the needs on which the modern concept of motivation is based; problems of motivation of entrepreneurial activity are also in the socio-cultural environment, which can stimulate the start of business or inhibit initiative; problems of existence and emergence of contradictions in the process of business activity, which have the prospect of becoming a conflict of interest of various participants in the economic pro-cess. It is proposed to systematize the problems of motivation of entrepreneurial activity on the basis of classification according to the following features: depending on the place of origin, the time of origin, the method of solution, the complexity.

scholarly journals DEVELOPMENT OF SALARY CARDS IN THE SYSTEM OF CASHLESS PAYMENTS IN CONDITIONS OF FINANCIAL INSTABILITY ON THE EXAMPLE OF SBERBANK OF RUSSIA

2020 ◽  
pp. 135-144
Author(s):  
K. V. Ekimova ◽  
S. S. Galasova ◽  
V. V. Manuylenko
Keyword(s):  
Point Of View ◽  
Financial Instability ◽  
Accounts Receivable ◽  
Banking Service ◽  
Accounts Payable ◽  
Business Entities ◽  
Definition Of ◽  
Regional Banks ◽  
Legal Entities ◽  
New View

The need to develop Bank salary cards in the system of non-cash payments in the conditions of financial instability caused by the Covid-19 pandemic has been substantiated in the study. For the formation of a new view on the application of the Bank payroll cards economic substance “of the modern Bank salary card” based on technologies of contactless payments has been expanded, the advantages of using salary cards for banks and clients – legal entities and individuals have been defined, the best experience of Sberbank of Russia on the use of Bank salary cards from the point of view of its extrapolation to regional banks, taking into account their specifics has been studied. As a result, the main directions for the development of salary projects have been proposed, including the definition of incentive provisions for their application, ensuring security, confidence in salary projects and contactless payment, regulating the risk of occurrence of accounts payable and accounts receivable between business entities, the need to modernize individual banking service, formation of innovative salary cards.

Native Co-operation in Togoland

Africa ◽  
1936 ◽  
Vol 9 (4) ◽  
pp. 485-494
Author(s):  
Reinold Schober
Keyword(s):  
Point Of View ◽  
Main Task ◽  
Natural Sources ◽  
Financial Organization ◽  
Financial Position ◽  
Binding Factor ◽  
Definition Of ◽  
European Form ◽  
Financial Aspect

When we speak of a co-operative society we usually mean a financial organization somewhat in the nature of a bank. In Europe, indeed, this is the prevailing type. The best definition of this type is ‘financial co-operative society’, since money is the binding factor or the object of such a society, either in the form of members' subscriptions, credit, or in any other form. This journal has published two articles on the problem of co-operative societies as it occurs in Africa. Both Strickland and Mumford lay particular stress upon the financial aspect of co-operation; the former suggests the regulating of the native financial position as the main task of African co-operative societies, and the latter advocates Peoples’ Banks and co-operative societies on plantations with common capital, somewhat after the manner of the Raiffeisen and Schultze-Delitzsch associations. These are but suggestions, and they can point to the complete success of this kind of co-operative society in Europe, the importance of which can also be proved from tropical lands such as India. But how do matters stand in Africa, with its peculiar conditions? Here financial co-operation has scarcely made its appearance, and it is important from the ethnological point of view to study the background which makes it difficult for financial co-operation to gain an entry. The anthropologist must ask first and foremost, whether the native knows any form of co-operative work of his own, and if so, whether this indigenous form may not be made use of to build up a system of co-operative societies which is both modern and congenial. That is the question which the practical colonial politician addresses to the anthropologist: What are the natural sources of native co-operation, and what conditions must we observe if we wish to introduce a European form of co-operation? It is obvious that if the anthropologist considers these questions, a sound principle for co-operative work among the natives can be established. Even if we ascertain that financial co-operative societies are fundamentally foreign to the native, that does not affect the necessity of introducing them to-day. We must, however, determine the difficulties which beset the introduction of a system of financial co-operation, and thus help to overcome them.

scholarly journals SMALL BUSINESS IN UDMURTIA: HISTORY OF FORMATION AND DEVELOPMENT, ROLE IN THE REGIONAL ECONOMY AT THE PRESENT STAGE

2020 ◽  
Vol 30 (5) ◽  
pp. 679-688
Author(s):  
S.V. Radygina
Keyword(s):  
Small Business ◽  
Small Businesses ◽  
Business Environment ◽  
Entrepreneurial Activity ◽  
State Support ◽  
Udmurt Republic ◽  
History Of ◽  
Definition Of ◽  
Regional Projects ◽  
History Of Formation

The article considers the concept of entrepreneurship, describes various scientific views on the definition of the economic essence of the concept of entrepreneurship. The article reveals the main economic and social functions of entrepreneurship in Russia at the modern stage of economic development. The level of development of small and medium-sized enterprises in the Udmurt Republic is characterized, the number of employees and the distribution of small businesses in Udmurtia by type of economic activity are analyzed. The history of formation and development of the system of state support for entrepreneurial activity in Udmurtia is described. A detailed description of the current measures of state support and promotion of small business development is given. The article also describes the directions of participation of the Udmurt Republic in the national project “Small and medium-sized entrepreneurship and support for individual entrepreneurial initiative”, within the framework of which five regional projects are implemented: “Acceleration of SMEs”; “Increased access of SMEs to financial support, including concessional financing”; “Popularization of entrepreneurship”; “Improving the business environment”; “Establishment of a system of support for farmers and development of rural cooperation”. In accordance with regional projects, innovative infrastructure organizations provide financial, property and information advice to small business.

scholarly journals Entrepreneurial finance and its impact on e-business

2017 ◽  
Vol 15 (3) ◽  
pp. 24-41 ◽  
Author(s):  
Asma Salman ◽  
Sundus Jamil
Keyword(s):  
Entrepreneurial Intention ◽  
Point Of View ◽  
Entrepreneurial Activity ◽  
Entrepreneurial Finance ◽  
Policy Makers ◽  
Economic Point ◽  
Doing Business ◽  
Barriers To Employment ◽  
Ease Of Doing Business ◽  
It Knowledge

Entrepreneurial activity is important not just from an economic point of view but it also recognizes the power and value of an individual. In a developing country like Pakistan that ranks high when it comes to ease of doing business but very low in entrepreneurship, alternatives must be devised to empower individuals socially and economically. The Pakistani women being empowered than ever before have to be paid special attention to in case of entrepreneurship. The current study is thus aimed at assessing the e-business related entrepreneurial finance and potential of women doing e-business. E-business helps women overcome many traditional barriers to employment and entrepreneurship. Using Theory of Planned behavior and entrepreneurship models, a framework for assessing e-business and seeking entrepreneurial finance alternatives is developed. Unlike the previous theories which suggested eight variables the current study found that for e-business entrepreneurs only perceived propensity, desirability, feasibility, motherhood, management and meso and macro environment are significant. Besides money, market and management which are important for starting any business, IT knowledge is important. The results based on regression analysis suggest that the model fits well as it predicts value of the entrepreneurial intention at 95% with a 5% significance value. Based on the findings of the study a new model for assessment of e-business entrepreneurial intention is developed which includes all significant variables and IT knowledge as a moderating variable. Based on this assumption, there is a clear implication for the policy makers to stress IT literacy to encourage entrepreneurial activity.

scholarly journals The necessity of evaluation of deregulation processes in business environment of Ukraine considering the world practice

2021 ◽  
Vol 70 (3) ◽  
pp. 111-121
Author(s):  
M. Farion ◽  
V. Matsko
Keyword(s):  
Foreign Investment ◽  
Business Processes ◽  
Business Environment ◽  
Main Task ◽  
Business Climate ◽  
Industrial Base ◽  
Business Units ◽  
Doing Business ◽  
National Market ◽  
Primary Model

Deregulation is the basis for creating a national business model that should be close to European ones. Business climate in Ukraine has been characterized by unstable position that did not give opportunities to develop the national economy. Investors and entrepreneurs, during the period of independence, have noticed the cyclical character of the supporting level for doing business, it means that most state regulators justified their relevance, but many of them are ineffective, or are not relevant. The impossibility of business transparency has led to the reduction in the number of business units, as well as investment resources. The creation of favorable investment climate is the main task and object of the investigation for many scientific works. Transparency of the market, minimization of regulatory barriers and control bodies, as well as fair rules for organizing and doing business, can radically change the environment for business. Despite the attitude to Ukraine by foreign investors as for the country with significant business prospects, the level of foreign investment attraction remains low. Theoretically, it is assumed that with advantageous geographical provisions, industrial base and significant land resources, Ukraine has been able to triple capital in the conditions of existence of the favorable primary model of business management. The agrarian and energy industries could become dominant in attracting external capital. However, the recent years showed the significant reduction in foreign investment in the economy of Ukraine, and business players on the national market are trading, partially industry and construction, which also work at a small level of profitability, and the current economy state proves that these sectors cannot significantly effect on its development in perspective. Thus, searching for possible ways to improve the business environment, where the key indicator is the deregulation of business processes, remain relevant and should become the basis for economic reform without which Ukraine will not be able to become a highly competitive state, and therefore economic uncertainty will continue to affect its development negatively.

scholarly journals Administrative Barriers to the Development of Small and Medium-Sized Businesses in the Republic of Mordovia: Materials of Practical Research

2020 ◽  
Vol 17 (6) ◽  
pp. 22-30
Author(s):  
M. V. Bikeeva ◽  
V. A. Inshakov ◽  
I. M. Fadeeva
Keyword(s):  
Interest Rates ◽  
The United States ◽  
Business Environment ◽  
State Regulation ◽  
Business Community ◽  
Entrepreneurial Activity ◽  
Federal State ◽  
Small Enterprises ◽  
Doing Business ◽  
The Republic

Purpose of the study. Small and medium enterprises in foreign countries provide about 50% of GDP and almost 60% of industrial employment. In terms of its role in the economy, entrepreneurship in Russia is inferior to many countries, including the United States, Ireland, Japan, Italy, etc. The main priorities for the development of the sphere of entrepreneurship in Russia include improving the conditions for doing business, simplifying tax reporting, access to concessional financing, and improving the procurement system and others. Among the negative aspects of state regulation that hinder the development of small and medium-sized businesses, administrative barriers can be singled out. According to experts, due to the presence of excessive administrative barriers, the size of the country's "frozen" potential for economic growth is 5-7%. In this regard, there is a need for a statistical assessment of the conditions for doing business at the regional level for the subsequent determination of directions for increasing the efficiency and effectiveness of the activities of state (municipal) authorities and identifying reserves for improving the business environment.Materials and methods. As an information base for the study, we used the data of the Federal State Statistics Service for 2019, as well as the results of monitoring the conditions for the activities of small and medium-sized businesses in the region, conducted by the State Treasury Institution of the Republic of Mordovia "Scientific Center for Socio-Economic Monitoring". The empirical research base included quantitative data from mass representative surveys of the business community for the period from 2014 to 2019. In addition to surveys of representatives of the business community, expert surveys were conducted, the selection of which was carried out on the basis of the experience of entrepreneurship and their belonging to formalized regional structures of entrepreneurs. The number of experts participating in the study ranged from 40 to 50 people.Results. As of January 1, 2019, there were 2,659.9 thousand small enterprises operating in the Russian Federation. Per 10,000 people, with an average of 156 in the Volga Federal District, the highest indicator was recorded in the Samara region (216 small enterprises), the lowest – in the Republic of Mordovia (86 small enterprises). The study demonstrates a steady decline in the scale of economic activity and the number of small and medium-sized businesses in the Republic of Mordovia. The study confirmed the existence of administrative barriers to entrepreneurial activity in the region, which are manifested both at the initial stage of doing business and during long-term conduct. Within the framework of the study, proposals were formulated to reduce administrative barriers and create a favorable business environment. In the current socio-economic situation, the main measures to support entrepreneurship are to reduce tax rates and introduce a preferential tax system. Support measures that are significant for business are also a decrease in interest rates, an increase in the availability of credit, the provision of incentives for energy resources, and control over the pricing policy of services of natural monopolies. Along with institutional measures, it is necessary to disseminate various forms of entrepreneurship training and mentoring, which are widespread in foreign practice.

scholarly journals The Essence and Types of Development of Business Structures

2020 ◽  
Vol 6 (12) ◽  
pp. 2001-2006
Author(s):  
Volodymyr Faldyna ◽  
◽  
Marcel Kurt Mainka ◽  
Keyword(s):  
Social Problems ◽  
Small And Medium Enterprises ◽  
Business Environment ◽  
Entrepreneurial Activity ◽  
Economic Activities ◽  
Doing Business ◽  
Urgent Task ◽  
Business Structures ◽  
Destructive Processes ◽  
Medium Enterprises

The development of entrepreneurial activity is one of the main conditions for solving society’s current economic and social problems. The primary requirement for this development is the growth of effective financial and economic activities of business structures. Today, unfortunately, the business environment, especially competition, occurs only in the field of activity of small and medium enterprises, and competition at the level of large enterprises and their associations is distorted due to destructive processes occurring at the industry level. Today it is an urgent task to identify the characteristics of business structures depending on their size. The article studies and classifies business structures depending on their potential of doing business.

scholarly journals Impact of global changes in the business environment in relation to risk management

2021 ◽  
Vol 92 ◽  
pp. 03004
Author(s):  
Katarína Buganová ◽  
Jana Šimíčková ◽  
Michal Brutovský
Keyword(s):  
Risk Management ◽  
Value Added ◽  
Business Environment ◽  
Global Market ◽  
Point Of View ◽  
Entrepreneurial Activity ◽  
Global Changes ◽  
Successful Implementation ◽  
Global Business ◽  
Huge Impact

Research background: Entrepreneurial activity is largely affected by negative changes in the global business environment, as evidenced by the huge impact of the COVID 19 pandemic on the entrepreneurial activity of Slovak enterprises. It is here that the importance of proactive risk management is reaffirmed, which should be an integral part of the enterprise’s management and thus preventively assess possible risks and their consequences and be prepared to manage them and not just respond to a crisis situation. Purpose of the article: The purpose of the article is to point out the importance of risk management in business and project management in connection with the globalization of the business environment. Assess the readiness of Slovak enterprises to ensure the continuity of business activities in connection with negative changes in the business environment such as the COVID 19 pandemic. Methods: The article will be processed using basic scientific methods. The qualitative and quantitative aspects of the researched problem, comparison and generalization of conclusions will be processed through observation, analysis, comparison and synthesis, including several managerial methods for risk assessment and management. Findings & Value added: Successful implementation of risk management in the enterprise and within the project activities from the point of view of prevention of crisis situations in the enterprise caused by interruption of operation as well as premature termination of projects is a means to maintain continuity and competitiveness of business activities and achieve project goals in the global market.

scholarly journals EXPORT OF ENTREPRENEURIAL CULTURE: CASE STUDIES FROM FINLAND AND GERMANY

2020 ◽  
pp. 40-47
Author(s):  
A.B. Ilin ◽  
◽  
Yu.S. Sizova ◽  
Keyword(s):  
Business Processes ◽  
Intercultural Sensitivity ◽  
Business Environment ◽  
Entrepreneurial Activity ◽  
State Support ◽  
Future Performance ◽  
Doing Business ◽  
Entrepreneurial Culture ◽  
Relationship Of ◽  
The Relationship

Relevance: one of the accumulation key areas of macroeconomic stability — entrepreneurial activity, faced country’s insurmountable difficulties in 2020. Supporting the business sustainability, it is ready to overcome these difficulties only with the participation of the parties concerned. First of all, entrepreneurship support is the authorities responsibity, and it has already come to life in Russia and in other countries of the world. For their future performance, companies will be influenced by the relationship of society to business and by the business participants, such as as founders, owners, employers. It is obvious, that in the conditions of the current coronavirus pandemic some companies face uncertainty, discordance, and they do not accept forced downtime participation in the business processes. Entrepreneurship support, business support institutions, relationship of companies’ entrepreneurial activity and stakeholders formed the conceipt «entrepreneurial culture». The level of its development will depend, on national-cultural characteristics, which will be reflected in the study. Purpose: to highlight the parametric dilemmas of the national entrepreneurial culture, to evaluate their actions as exemplified by Finland and Germany. Methods and methodological apparatus of the study: models of entrepreneurial culture: cultural dimensional characters by G. Hofstede; the development model of intercultural sensitivity by M. Bennett; cultural dimensional characters by F. Trompenaars and C. Hampden-Turner; parametric dilemmas of the national entrepreneurial culture by Yu. S. Sizova and A. B. Ilyin [6]. Main results: the concept of entrepreneurial culture is defined; the models of entrepreneurial culture and the restrictions on their use are noted; authors dilemmas of entrepreneurial culture and their use in Finland and Germany are presented and the features of entrepreneurial culture of these countries are determined. Scientific novelty: for the study of entrepreneurial culture, a complex elements that includes the parametric dilemmas of national entrepreneurial culture as the lack of state support — the attendance of state support was defined: «lack of state support — state suppor existance»; «restrictions for non-resident entrepreneurs — neutrality for non-resident entrepreneurs»; «lack of support institutions — support institutions existence»; «noncompliance to national features in doing business — compliance to national features in doing business»; «lack of the laws supporting entrepreneurial activity — availability of laws supporting entrepreneurial activity»; «lack of business controlling by the supervisory authorities — existence of business controlling by the supervisory authorities»; «adverse business environment — conducive business environment». Practical relevance: the results of the study may be used by enterprises of different levels.

Sign in / Sign up

Export Citation Format

Share Document