scholarly journals FINANCIAL MANAGEMENT OF RESOURCE CONSERVATION OF INNOVATION-ORIENTED ENTERPRISES IN THE CONTEXT OF ANTI-CRISIS DEVELOPMENT STRATEGY

Agrosvit ◽  
2021 ◽  
pp. 10
Author(s):  
N. Antypenko ◽  
Y. Viedienina ◽  
I. Hnatenko ◽  
O. Parkhomenko
2019 ◽  
Vol 10 (4) ◽  
pp. 487-500
Author(s):  
Yue Lan ◽  
Jianyong Wang ◽  
Shinong Wu ◽  
Jie Yang

Purpose For the past years, the population of firms in China has increased fast. However, the financial research has always fallen behind the financial practice. Also, the Western financial theory may not be completely consistent with China’s context. In addition, appearing internet technology with big data and its applications to business bring some challenges not only to financial practice but also to the financial literature. Thus, the purpose of this paper is to review historical development of research in corporate finance, discuss the current issues and propose 16 key research topics in China context. Design/methodology/approach This paper surveys Western classical literature and some important literature by Chinese scholars in the field of corporate finance. On this basis, the authors point out the shortcomings of existing research and opportunities for future research. Findings The authors propose 16 key research topics in the near future considering the current reforms on economic development strategy, financial and taxation system and SOE’s property right under the institutional background in China. Originality/value This paper makes a contribution to corporate finance research by exploring frontier topics for future research according to the China context and the global trend. These topics represent the demand from enterprises in China and are challenges for the academic world. It is of practical significance and great theoretical value to implement these studies. It will help the management to solve their financial problems and provide a fundamental basis for constructing the financial management theory with Chinese characteristics.


Land ◽  
2020 ◽  
Vol 9 (11) ◽  
pp. 404 ◽  
Author(s):  
Iria Caamaño-Franco ◽  
María Suárez

This article analyzes the heritage construction process or “heritagization” of Las Médulas gold mines, a prime example of how Spain’s mining heritage has been reused for tourism purposes. Based on a methodology combined documentary analysis and fieldwork, informal interviews with territorial actors and surveys targeting residents, this study addresses the complexities of integrating this cultural landscape into a tourism development strategy and analyzes the support and impacts perceived by the local population. The information gathered in this research is intended to facilitate the development of adequate planning and generate recommendations to mitigate the debate that has surrounded Las Médulas and confronted its stakeholders for years. The results show that the existence of multiple agents and institutions acting on the destination leads to problems of management and collaboration. In addition, the local population’s lack of involvement and awareness is also hindering integral tourism planning. There are a number of positive impacts mainly related to the increase in the tourist value of the image of the area and its historical and cultural heritage, as well as the consequences of financial management for tourism, which also help to predict the levels of support of residents to the tourist development of Las Médulas.


2020 ◽  
pp. 16-24
Author(s):  
Iryna NIENNO ◽  
Yurii HRINCHENKO

The article investigates the process of formation of costs of economic agents of the aviation industry. The transaction costs are considerable in aviation industry, so they shape the organizational patterns within industry. Cost-saving tools are crucial for agents in aviation industry, as it is capital-intensive industry with the large proportion of fixed costs. So the economies of scale and economies of scope are vital factors for cost management. The other ones include outsourcing, airline route design, fuel-efficient aircrafts. The regulation system in case of the aviation industry is broad and intensive, thus it aligns the cost structure and pricing in the industry. Deregulation led to restructuring the industry, application of cost-saving programs, massive merger and acquisitions and competitive pricing. Airports were forced to build partnerships with air carriers balancing their price offers and range of services. The hub-and-spoke airline design set new challenges to airports as for their capacity, convenience and safety. But the need for capital investments also increases dramatically, implying the key role of financial management in airport sustainable development strategy. The dynamics of aggregate indicators of financial results of airport activity in Ukraine for 2014-2018 are analyzed. It is revealed that the formation of cost and revenue centers becomes a tool for optimizing the costs which can be attributed to the efficiencies of scale, efficiencies of scope and effects of concentration. Type by type analysis of operating and non-operating, fixed and variable costs of the aviation industry helped to reveal the potential for cost-saving without considering increase of revenues. The effective using of specific indicators for evaluating the performance of industry agents, in particular RASM and CASM, in the context of the creation of cost centers in the aviation industry has been proved.


2018 ◽  
Vol 2 (2) ◽  
pp. 72
Author(s):  
Slamet Hari Sutanto

With all the limitations of the current government budgeting system, not all government affairs and development to realize the welfare for the people can not may be all financed by APBD. East Java provincial government is currently pushing the Regional Technical Implementation Unit (UPTD) in SKPD environment began to use financial management system Regional Public Service Agency (BLUD). The policy is clearly stated in East Java Fiscal Policy Innovation Roadmap 2014-2019. The purpose of this study is to (1). To identify the condition of UPT-UPT in East Java Provincial Government (2). Identify the problems and challenges faced in developing the UPTD into BLUD and (3). To formulate development strategy that can be done by East Java Provincial Government in developing UPTD become BLUD. The research method used is mixed method that combines qualitative data analysis with quantitative data using SWOT matrix, then to determine the strategic position and direction of development is done through analysis of General Electrics (GE) matrix. Population in this research is all Technical Implementation Unit (UPT) in East Java Provincial Government, while the sampling is done pursuant to purposive sampling. The results showed (1). UPT such as UPT P2SKP Mayangan, UPT P2SKP Pondokdadap, UPT P2SKP Muncar, and UPT PSMB-LT ready if improved status becomes BLUD see the factor of financial ability, completeness of facilities and infrastructure and its potentials (2). Some UPTs such as UPT PB Palawija, UPT PB Holtikultura, and UPTIK Timber can be upgraded to BLUD, but need to be prepared in advance, especially supporting infrastructure, especially technology aspects of technology and supporting human resources, as well as capital and promotion to develop into wider market. (3). While the Training Unit (BLKI) of Singosari and Jember, due to the specific service characteristic and the special service segment so that the dependence on the APBD/APBN is still very high, it is still difficult in terms of its existence to be upgraded to PPK BLU/BLUD.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Weige Yang ◽  
Yuqin Zhou ◽  
Wenhai Xu ◽  
Kunzhi Tang

PurposeThe purposes are to explore corporate financial management optimization in the context of big data and provide a sustainable financial strategy for corporate development.Design/methodology/approachFirst, the shortcomings of the traditional financial management model are analyzed under the background of big data analysis. The big data analytic technology is employed to extract financial big data information and establish an efficient corporate financial management model. Second, the deep learning (DL) algorithm is applied to implement a corporate financial early-warning model to predict the potential risks in corporate finance, considering the predictability of corporate financial risks. Finally, a corporate value-centered development strategy based on sustainable growth is proposed for long-term development.FindingsThe experimental results demonstrate that the financial early-warning model based on DL has an accuracy of 90.7 and 88.9% for the two-year financial alert, which is far superior to the prediction effect of the traditional financial risk prediction models.Originality/valueThe obtained results can provide a reference for establishing a sustainable development pattern of corporate financial management under the background of big data.


2020 ◽  
Vol 3 (2) ◽  
pp. 257-266
Author(s):  
Nilda Susilawati ◽  
Andang Sunarto

National Amil Zakat Agency (BAZNAS) is a means of managing zakat in terms of collecting, distributing and using zakat. The existence of Baznas must continue to be improved through an institutional development strategy so that the management and utilization system can run efficiently, effectively and proportionally can have an impact on improving people's economic lives. One of the strategies used to improve the management of zakat institutions is to optimize the application of web-based information systems as a media to facilitate and improve the efficiency of zakat management in the collection, distribution and utilization of zakat. The results showed a new 34% BAZNAS in Indonesia that has used the SIMBA application As an application used to perform financial management reports, while for Public and Supporting only a few BAZNAS at the provincial level that has used this because of budget constraints and resources Human. Keywords: BAZNAS, Web-based Information System, Zakat


2019 ◽  
Vol 40 (3) ◽  
pp. 164-169
Author(s):  
A. A. Bondarenko

This article is based on the definition of key positions proposed by the author of vertical-horizontal operation of the Department coordinating JSC «RZD», combining the functions of accounting, control, analytical support, management tactics and development strategy of a large company of holding type. This article discusses the controversial aspects of the selection system of accounting and control and analytical support of management strategy and tactics of development of railway transport by all information flows in one using the automation of accounting, control, management processes, implementation of electronic document management, electronic financial and management reporting. The conclusions drawn are that the decision is strategically important and essential tasks of innovative development of JSC «RZD», requires improvement of their accounting information support, which in turn is impossible without development of methods of management costs, taking into account branch specificity of formation of the cost of rail transportation. The author offers methodicalsecurity projects (Development of KPI; financial Management and assurance Strategy development; Business planning; Operation of the Treasury; Cost management, etc.) that can greatly increase the informational efficiency of calculation.


2021 ◽  
Vol 916 (1) ◽  
pp. 012006
Author(s):  
I E Rahmawati ◽  
I D A A Warmadewanthi

Abstract The Kebon Kongok Regional Landfill (TPA) is one of the final processing sites serving West Lombok Regency and Mataram City. The Landfill is managed by the Regional Technical Implementing Unit (UPTD) of the Regional Waste Landfill of NTB Province under the Department of Environment and Forestry of NTB Province. Currently, waste services in Mataram City and West Lombok Regency have not met the sanitation target. One of the factors that affects it is the financial problem where there is no budget flexibility which often causes difficulties in handling operations, especially at the beginning and end of the year. Therefore, the purpose of this study is to determine the institutional development strategy as an effort to increase the role of UPTD in solid waste services. The analytical method used is Force Field Analysis (FFA). Based on the FFA, it is found that the Total Weight Value (TNB) driving forces are more significant than the restraining forces; this means that UPTD of Regional Waste Landfill of NTB Province is encouraged to carry out institutional development. Therefore, the institutional development strategy is that UPTD applies for the Financial Management Pattern of Public Service Agencies (PPK-BLUD).


2021 ◽  
Vol 9 (4) ◽  
pp. 638
Author(s):  
Melda Riyantika ◽  
Ali Ibrahim Hasyim ◽  
Ktut Murniati

This study aims to analyze the marketing mix and the development strategy of robusta coffee processed products in the Tirto Kencono Air Naningan Cooperative Tanggamus Regency. The research method used is a case study. The analytical method used is descriptive qualitative analysis and SWOT analysis. The marketing mix applied includes good quality robusta coffee products, cash and discounted prices, personal selling promotions, and accessible road to the cooperative. The internal environments consist of products, financial management, human resources, location, and marketing, while the external environments consist of culture, technology, climate and weather, competitors, and government policies. The strategies for developing robusta coffee products in the Tirto Kencono Cooperative are to maintain the quality assurance by utilizing modern technology, to improve skills in marketing by utilizing government support through the given UMKM training, and to implement social media to increase sales volume.Key words: coffee, development strategy, marketing mix


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