scholarly journals Economic Essence and Value of Investments and Investment Activity of Business Entities

2018 ◽  
pp. 57-67
Author(s):  
Yuriy Gvozdev ◽  
Keyword(s):  
Investment Activity ◽  
Business Entities

scholarly journals State Procedures for Improving the Investment Climate in the Russian Federation: Prospects for Improvement

2022 ◽  
pp. 70-80
Author(s):  
D. E. Mereshkin ◽  
V. A. Plotnikov
Keyword(s):  
Russian Federation ◽  
Entrepreneurial Activity ◽  
Investment Climate ◽  
Investment Activity ◽  
Private Companies ◽  
Russian Economy ◽  
Key Characteristics ◽  
The Russian Federation ◽  
Business Entities ◽  
National Investment

The COVID-19 pandemic interrupted many trends that had developed before it and again updated the issue of modernizing the Russian economy, restarting the mechanisms of economic growth and sustainable socio-economic development. The key to resolving these issues is to increase the investment activity of the business. The investment climate is one of the key characteristics that testify to the freedom of entrepreneurial activity, the ease of opening and conducting business, the quality of regulatory procedures in the economy, the effectiveness of business entities, and the provision of equal opportunities for the development of the private sector. A favorable investment climate reveals the potential for the development of private companies. The article considers the system of state procedures in the field of improving the national investment climate, gives a brief description of the main tools and projects to improve the investment climate, analyses the changes in the main target indicators of investment attractiveness of the Russian Federation.

scholarly journals Selected issues of using international standards of auditing when assessing the application of the going concern basis by management personnel of a company

2018 ◽  
pp. 96-100
Author(s):  
S. V. Selishchev
Keyword(s):  
Financial Reporting ◽  
Methodological Approach ◽  
International Standards ◽  
Audit Process ◽  
Investment Activity ◽  
Going Concern ◽  
Financial Reporting Standards ◽  
Management Personnel ◽  
Business Entities ◽  
Audit Reports

The article deals with selected issues of the application of international standards of audit in domestic practice. The source of the main problem, which hinders the development of a unified methodological approach to the application of international standards, is determined, and proposals for its solution are provided. Particular attention is paid to the methodological recommendations for reflecting the requirements of international standards in the auditor’s working papers. The investment activity of foreign partners in Ukraine is conditional on the financial statement clarity for domestic business entities and their trust in them. While the former can achieved by the application of International Financial Reporting Standards, the latter is dependent on the application of International Standards of Auditing (ISA). The purpose of the article is to develop a methodological approach to the application of ISA, based on clarification of their essence and nature. The study of audit practice and opinions of users of audit reports shows that one of the key issues is compliance with the going concern basis of accounting by management personnel in preparing financial statements. It can be concluded from the study that ISA do not conform to the definition of “standards”, being more similar with some kind of “rules”. It means that ISA constitute the rules for performing audit by focusing the auditor attention on a specific set of issues and objects. This approach allows for a certain extent of control over the completeness the audit process and for assuring selected aspects of quality.

scholarly journals Diversification Models of Investment Portfolio:Regional Aspect

2019 ◽  
Vol 9 (1) ◽  
pp. 4648-4652
Keyword(s):  
Regional Level ◽  
Investment Analysis ◽  
Necessary Condition ◽  
Investment Portfolio ◽  
Investment Activity ◽  
Statistical Assessment ◽  
Interregional Interaction ◽  
Business Entities ◽  
Effective Organization ◽  
Investment Portfolios

The development of investment processes in all areas is the most necessary condition for the effective organization of farming in a transitive economy. Investment analysis provides an information base for making important decisions on the inclusion of projects in investment portfolio, analysis of the structure of sources and its financing, the feasibility of investing in various conditions, thereby ensuring an increase in the efficiency of investment activities of business entities. The main goal of the work is to systematize the classifications of investment portfolios, substantiate the choice of models for diversifying the investment portfolio, analyze the methodological and practical approaches of the strategic directions of interregional interaction and integration, economic and statistical assessment of investment activity at the regional level.

scholarly journals Working-out the Development of Investment Activities of Enterprises

2021 ◽  
Vol 26 (1) ◽  
pp. 167-172
Author(s):  
V. V Chernyshov ◽  
Keyword(s):  
Investment Strategy ◽  
International Markets ◽  
Machine Building ◽  
Investment Climate ◽  
Strategic Development ◽  
Investment Activity ◽  
Economic Space ◽  
Business Entities ◽  
The Competitiveness Of Enterprises ◽  
Working Out

Abstract. Introduction. In modern conditions of transformation of the national economy the development of investment activity, which influences the interests of a growing number of enterprises, becomes relevant. Effective implementation of investment activities at the present stage is the basis for the development of Ukraine's economy, ensuring the possibility of its integration into the European socio-economic space, which will further enhance the competitiveness of enterprises and improve the investment climate. Purpose. It has been proved that investment activity requires decision-making on investing financial resources to expand production. It has been established that the investment strategy of any enterprise is an integral part of its overall economic strategy, which allows to fully assess the investment potential for foreign investors. Results. An analysis of business entities based on indicators of investment activity in the selection of strategic development priorities. There are three clusters: first class: normal investment activity; second class: moderate investment activity; and third grade: critical investment activity. The analysis of investment activity of business entities of the machine-building industry in Ukraine indicates the need to attract investment resources. Conclusions. Hierarchies of choice of strategic priorities directions of development for attraction of foreign economic sources of financing have been offered and its economic efficiency has been established. The hierarchy of communication of the choice of directions of strategic development priorities for attracting foreign economic sources of financing has been obtained, which has six levels, where the highest level is to ensure the development and promotion of products of economic entities in international markets. Implementation of 6 levels of the hierarchy of choice of strategic development priorities to attract foreign economic sources of financing of economic entities, these are comprehensive actions that will enhance investment attractiveness in international markets and address some issues related to the development of strategic priorities of economic entities.

THEORETICAL AND METHODOLOGICAL PRINCIPLES OF FORMATION AND ESTIMATION OF THE FINANCIAL POTENTIAL OF SMALL ENTERPRISES' INVESTMENT ACTIVITY

2017 ◽  
Author(s):  
Ruslan Yurkiv ◽  
Keyword(s):  
Small Businesses ◽  
High Rate ◽  
Small Enterprises ◽  
Investment Activity ◽  
Investment Projects ◽  
Factors Influencing ◽  
Business Entities ◽  
Methodological Principles ◽  
Negative Factors

In many countries, small businesses have a significant impact on the total gross domestic product. However, in Ukraine, the opportunities of small businesses to ensure the economic growth of the state are not sufficiently used yet. Among the reasons for this phenomenon is the insufficiently high rate of economic development of domestic small businesses, which, among other things, is due to the low level of investment activity of many small enterprises in Ukraine. In turn, the low volume of investment activity of such enterprises is also because the owners and managers of these enterprises are not competent enough to form and assess the financial potential of investment activities of business entities. Given this, the study aims to develop theoretical and methodological principles for the formation and evaluation of the financial potential of small enterprises’ investment activities. The economic content of the concept of the strategy of formation of the financial potential of small enterprises' investment activity is considered. Classification of factors influencing the magnitude of this potential has been developed. In particular, the primary and secondary, deterministic and non-deterministic, positive and negative factors that are directly or indirectly involved in the formation of the financial potential of small enterprises’ investment activities are highlighted. It is established that the process of such formation involves the transition from the existing to the strategic financial potential of investment activities of economic entities. The main ways of such transition are identified. Indicators for assessing the existing and strategic financial potential of investment activities of small enterprises are proposed. The connection between these indicators is established, and we perform their decomposition. In particular, the amount of the available financial potential of the business entity is presented as the sum of the opportunities to use the company's own funds, as well as obtaining loans and borrowed funds to finance investment projects. The results of the study can be used in planning the investment activities of small enterprises, in particular, in justifying the rational parameters of financial support for these activities.

scholarly journals Impact of the Covid-19 Pandemic on Entrepreneurial Capacity and Financial Security in Ukraine

2021 ◽  
Vol 126 ◽  
pp. 08002
Author(s):  
Yana Derbenova ◽  
Ganna Kashyna ◽  
Serhii Leontovych ◽  
Olena Ablova ◽  
Oksana Dmitrieva ◽  
...  
Keyword(s):  
Financial Stability ◽  
System Analysis ◽  
Negative Impact ◽  
Business Activity ◽  
Financial Security ◽  
Economic Activities ◽  
Investment Activity ◽  
The World ◽  
Business Entities ◽  
The Impact

The article analyzes the impact of the COVID-19 pandemic on business activities in Ukraine and the world and its financial security. The analysis showed that the economy of Ukraine and most countries of the world suffered significant losses from the introduction of anti-epidemic restrictions on business activity, which turned out to be in the fall of GDP, index of industrial production investment activity. Because of temporary or complete shutdown of business the unemployment rate increased significantly. The pandemic crisis also negatively impacted the financial results of enterprises, which decreased significantly in all kinds of economic activities, especially in industry, transport, temporary accommodation and catering, where the share of unprofitable enterprises reaches 73%. Thus, the problem of ensuring the financial security of business becomes relevant. The aim of the work is to develop methodological approaches to assessing the impact of the pandemic crisis on the financial security of business and to identify effective ways of ensuring such security. In the process of research methods of scientific abstraction, comparative and system analysis and synthesis, systematization and logical generalization were used. It was determined that the pandemic affected small and medium businesses most of all, where a strong negative impact was experienced by more than 60% of entrepreneurs. Large businesses were less affected, but they also suffered significant losses due to the decline in business activity and demand in the domestic and foreign markets. Agriculture was least affected by the pandemic, which suffered the least losses, primarily due to the insignificant impact of restrictions affecting the activities of this business. The paper systematized the risks arising from the factors of the pandemic crisis, identifying their manifestations and financial implications for business. As shown by the research, such consequences are manifested in the form of full or partial loss of profits, problems with debt repayment, reduction of financial stability, liquidity, increase in accounts receivable, increased costs for anti-epidemic measures, etc. Thus, the procedure for assessing the business’s financial security is to take into account all factors that shape the financial situation of business entities during a pandemic crisis in a comprehensive manner.

scholarly journals Concerning the need to implement the program of banking-state partnership in the credit-investment sphere

2018 ◽  
pp. 47-53
Author(s):  
V. M. Poletaeva ◽  
G. S. Bektenova
Keyword(s):  
Manufacturing Industry ◽  
Investment Activity ◽  
Promising Alternative ◽  
State Institutions ◽  
Russian Economy ◽  
State Financing ◽  
Business Entities ◽  
The One ◽  
Credit Portfolio ◽  
Key Industries

The article analyzes the key problems of Russian economy development at today’s stage. It is pointed out that the most important way to resolve these problems is the general development of credit-investment activity of business entities. Advantages of banking credits in comparison with other sources of financing investment in economy were demonstrated. The article shows that due to certain reasons banks are not ready to increase the volume of their credit portfolio on key industries, which include manufacturing industry and agriculture. The authors put forward the approach to organization of real sector enterprises’ financing, which is based of cooperation between banks and state institutions of development. Taking into account the fact that manufacturing and agricultural companies usually need big credits for long periods of time with relatively low interest rate (because of limited profitability of such industries) the approach based on banking-state financing is rather promising. Besides, it envisages catering for interests of all three parties of the deal: the enterprise, the bank and state. Principles ideas of the banking-state partnership were formulated as a promising alternative for bank credits, which on the one hand can promote the development of Russian economy and, on the other hand can improve finance results of credit organizations’ functioning.

scholarly journals SUSTAINABLE INNOVATIVE DEVELOPMENT AND ITS INVESTMENT SUPPORT AS FACTORS OF RAISING THE AGROINDUSTRIAL COMPLEX EFFICIENCY

2018 ◽  
Vol 56 (3) ◽  
pp. 286-303 ◽  
Author(s):  
V. V. Chabatul ◽  
M. V. Papinova ◽  
A. Y. Bashko ◽  
I. A. Tretyakova ◽  
O. A. Azarenko
Keyword(s):  
Sustainable Development ◽  
Market Competition ◽  
Innovation Activity ◽  
Innovative Development ◽  
Investment Activity ◽  
The Sustainable Development ◽  
Complex Development ◽  
Fast Development ◽  
Business Entities ◽  
Agroindustrial Complex

Raising of economic efficiency and sustainability of the national agroindustrial production in conditions of fast development of science, machinery and technology, high market competition, and integration processes expansion is largely conditioned by development activation, implementation and investment support of innovations. Enough attention is paid to the issues of sustainability, innovative development and investment activity in modern economic literature. At the same time, the problem of investment support for sustainable innovative development of agroindustrial complex is still studied poorly, which makes scientific research in this field relevant. Based on brief retrospective analysis, an improved understanding of the sustainable development of the agroindustrial complex, as well as in the context of its components, is proposed in the paper. It is shown that the basis for sustainable agroindustrial complex development in modern conditions is the increase of innovative activity at all the management levels. As a result of the study, a list of the main regulatory and legal acts regulating the issues of innovation activity and the privileges and incentives established by them for business entities, including agrarian ones, were systematized. The main problems preventing activation of innovative development of agroindustrial production are listed. In order to solve these problems the authors within the research framework developed a concept of investment support for sustainable innovative development of the agrarian sector, which includes eight interrelated consecutive blocks. Implementation of the proposed concept will contribute to more complete involvement of potential financing sources and their effective use in the investment activities, thereby ensuring competitiveness of the national agroindustrial complex and its sustainable development, considering interests of the current and future generations. 

scholarly journals MECHANISM OF STRATEGIC MANAGEMENT BY FLEXIBLE ECONOMIC DEVELOPMENT OF IRON AND ORE ENTERPRISES

2019 ◽  
pp. 126-132
Author(s):  
Oleksandr Kulish
Keyword(s):  
Economic Development ◽  
Strategic Management ◽  
Investment Activity ◽  
Crisis Period ◽  
Industrial Enterprises ◽  
Long Run ◽  
Business Entities ◽  
Definition Of ◽  
Almost All ◽  
Conceptual Foundations

The article is based on the idea of forming the conceptual foundations of strategic management of flexible economic development of iron and ore enterprises. It is based on the definition of the optimum size of sales of products on the domestic and foreign markets, taking into account their perspective and ensuring the maximum possible level of profitability of business entities. The article emphasizes that today almost all domestic business entities operate in a crisis or after-crisis syndrome. It is noted that economic crises occur cyclically, but each time the depth of the crisis becomes larger, and the post-crisis period is ever greater. As a result, all enterprises and individuals who are experiencing the consequences of such crises are more and more difficult, and for the post-crisis period, more and more diversified resources are spent that could be directed to projects for their own development. It is determined that the main obstacles of flexible economic development of the enterprise are the high degree of deterioration of fixed assets, low productivity, low quality of personnel, imperfection of the system of pricing on products, low investment activity of enterprises, etc. The key principles of the system of strategic management of flexible economic development of iron and ore enterprises are formed. It is proved that in today's world economy the importance of reformatting the structure and content of the strategic management system with flexible economic development of industrial enterprises and adapting their business directions to the conditions of transformational transformations of modern competitive markets becomes increasingly important. The mathematical model describing the system of division of manufactured products for realization on several markets is developed. It is found out that the classical approach to solving such a task, which is to maximize profits, is not absolutely correct in this case. It is shown that the solution of this task is to maximize the profit from sales with the simultaneous preservation of the minimum allowable volumes of sales of products in promising markets, provided they provide the minimum reasonable profitability. It is noted that in the strategic planning it is necessary to implement a certain part of own products in the markets which are not currently the most profitable, but in the long run may have a decent place among others for the particular enterprise. It is determined that the problem of optimization is to calculate the specific volumes of products that need to be implemented in each of the markets. Taking into account the current transformation of market space and the need for constant adaptation of strategic management methods, the article proposes approaches to the formation of a complex system of strategic management of flexible economic development of iron ore enterprises.

scholarly journals INSTITUTIONAL FACTORS OF INVESTMENT ACTIVITIES IMPROVING IN THE NATIONAL ECONOMY UNDER THE TERMS OF DECENTRALIZATION

2017 ◽  
Vol 19 (3(65)) ◽  
pp. 80-87
Author(s):  
O.I. Laiko ◽  
V.O. Chabarov ◽  
A.M. Araftenii
Keyword(s):  
National Economy ◽  
Institutional Support ◽  
Poor Performance ◽  
Negative Influence ◽  
Practical Implementation ◽  
Business Climate ◽  
Investment Activity ◽  
The Real ◽  
Business Entities ◽  
Decentralization Reform

The article defines the factors of institutional support for the stimulating of investment activity in the Ukrainian economy under the influence of decentralization reform. The analyzed tendencies of falling volumes of foreign investments indicate poor performance of the applied measures of activation of investment processes in the national economy. The main causes of failure of investment activities are determined, among which the key role is played by the imperfection of the existing institutional support, because of its non-compliance with the real needs of the productive forces. It is established that in modern conditions when decentralization reform is being implemented, territorial communities become a key element in the implementation of investment activity regulators. It is stated that inconsistency of the informal and formal components of the institutional provision of investment development of territorial communities appears in the legislative mismatch with the real rules and conditions of the business entities, the excessive negative influence of informal institutions and the lack of subordinate acts that would ensure the implementation of strategic institutional tasks of investment development. The proposed conceptual idea of investment activity regulation is to join measures of institutional support of development on the national and basic levels. The legislative rules that establish general principles for the maintaining of investment activities and for the forming of united communities are to be supported with specific regulators that are to stimulate inter-communities cooperation and create appropriate business climate in basic territorial formations. The measures of the institutional support improving are proposed and their activity is to be realized on the levels of national economy and territorial communities with the help of tools of economic, informational, financial, marketing and other types of stimulation with the use of vertical and horizontal types of interaction of economic entities in the territorial communities. The main emphasis is made on measures of local incentives in territorial communities support, for instance: regional marketing tools are aimed on the creation of investment brand of the territory, informational tools consist of creation of local information bases and passports of investment abilities of the territories. The task for further research in this direction and for their practical implementation is the development of measures and mechanisms for the cooperation stimulating of community representatives in order to form their own ability to influence the state of the investment climate of the community.

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