scholarly journals Organizational and economic mechanism of assessment property objects of JSC «Ukrainian railways»

2019 ◽  
Vol 9 (5) ◽  
Author(s):  
Maryna Potetiuieva
Keyword(s):  
Organizational Support ◽  
Supply And Demand ◽  
Integrated Approach ◽  
Integrated System ◽  
Information Support ◽  
Joint Stock Company ◽  
Railway Transport ◽  
Stock Company ◽  
Economic Mechanism ◽  
Authorized Capital

The article is devoted to the study of the problems of the formation of the organizational and economic mechanism for assessing property objects of railway transport enterprises in modern conditions of development of the domestic economy. It is proposed to adhere to such basic principles when assessing the property of railway transport enterprises: utility, supply and demand, substitution, expectation, marginal contribution performance, most efficient use, additional effect, multiple approaches and diversity. The methodological approaches and property valuation methods used in the valuation of property of railway transport enterprises are analyzed in detail. It has been established that the organizational and economic mechanism for assessing property objects of railway transport in order to form the authorized capital of JSC “Ukrainian railways” includes a set of organizational and economic elements that generally provide a complete algorithm for the implementation of the organizational and economic mechanism for evaluating property objects of the joint stock company “Ukrainian railways” and consists of the following blocks: information support, organizational support and calculation and methodological support. The study of the organizational and economic mechanism for evaluating the property of railway transport enterprises from the perspective of an integrated approach allows us to present it as an integrated system, which is formed from a combination of interconnected elements. In addition, an algorithm for the implementation of the organizational and economic mechanism for assessing property objects with the aim of forming the authorized capital of the company is proposed.

THE REFORM STRATEGY OF NATIONAL FINANCE: DEVELOPMENT DIRECTIONS IN BELARUS

2020 ◽  
Vol 6 (2) ◽  
pp. 209-224
Author(s):  
Elena F. KIREEVA
Keyword(s):  
Fiscal Policy ◽  
Organizational Support ◽  
Financial Management ◽  
Negative Impact ◽  
Integrated Approach ◽  
Legal Framework ◽  
Policy Formation ◽  
Information Support ◽  
Financial Flows ◽  
Fiscal System

The article considers the problem of reforming national finances at the present stage of economic development, taking into account the features of the functioning of the national economy and fiscal threats. The purpose of this work is to determine the strategy for reforming the fiscal system and substantiate the main directions of its development. The relevance of the study is due to an integrated approach to the formation of fiscal policy, including both its main components: tax, budget, debt policies, and the need to improve the mechanism to ensure their effectiveness. To implement this mechanism, it is necessary to use both innovative methods of planning and forecasting fiscal flows, and to modernize the legal framework that strengthens the foundations of managerial decisions in the field of finance. Based on the goal, a comparative assessment of the forecast and actual scenarios of the development of fiscal relations in the republic was carried out, the most acute points of fiscal policy formation were analyzed: social payments, tax administration, budget financing, debt obligations, information support for the movement of financial flows. Based on the results of the research conducted in the article, conclusions and suggestions are made regarding all areas of improving fiscal policy as the basis for ensuring an effective national financial management strategy. Priority measures have been identified to reduce the negative impact of risks on the stability of the fiscal system. Instruments of regulatory impacts on negative economic and social trends are determined by the choice of areas of strategic management and the mechanism of their organizational support. Scientific novelty lies in the substantiation of a set of elements of fiscal policy as the basis for developing a strategy for managing national finances that takes into account the increase in the social and economic efficiency of using the financial resources of the state.

scholarly journals An integrated approach for the selection of operation strategy using fuzzy TOPSIS, sensitivity analysis, and MOLP

2021 ◽  
pp. 1-16
Author(s):  
Tran Thi Tham ◽  
Linh Thi Truc Doan ◽  
Yousef Amer ◽  
Sang Heon Lee
Keyword(s):  
Sensitivity Analysis ◽  
Integrated Approach ◽  
Fuzzy Topsis ◽  
Joint Stock Company ◽  
Operation Strategy ◽  
Stock Company ◽  
Research Attention ◽  
Operational Strategies ◽  
Novel Approach ◽  
Conflicting Objectives

Operation strategy plays an important role in business improvement and calls for many research attention in recent years. This study aims to propose an integrated approach to determine the most appropriate operational strategies in their companies under multi-conflicting objectives with a limited budget. The novel approach is developed by using the combination of Fuzzy Technique for Order Preference by Similarity to Ideal Situation (Fuzzy TOPSIS), Sensitivity Analysis (SA) and Multi-Objective Linear Programming (MOLP) model. The operation strategies are evaluated through five objectives such as Productivity, Quality, Cost, Time and Importance score. The importance scores of all strategies are firstly obtained from the Fuzzy TOPSIS method. The sets of the weight of criteria are then established by using SA while MOLP approach is used to select appropriate strategies under multi-conflicting objectives with limited resources. A case study with 110 possible scenarios of operational strategies from An Giang Fisheries Import Export Joint Stock Company in Vietnam is considered to illustrate the practicability of the proposed approach. The results found that the proposed approach is suitable to make a decision on operation strategy.

The Beginning of the Formation of the Railway Network in the North Caucasus

2021 ◽  
pp. 54-58
Author(s):  
Alexey V. Zabelin
Keyword(s):  
Main Line ◽  
Joint Stock Company ◽  
Railway Transport ◽  
North Caucasus ◽  
Stock Company ◽  
Railway Network ◽  
The Caucasus ◽  
The Road ◽  
The North ◽  
Further Development

The problem of the need for construction of railways in the North Caucasus as a strategically and economically important enterprise for maintaining and developing the viability of the region is considered. Preconditions and opinions on the appropriateness of railway connection are given. To achieve this goal in the region, it was decided to establish a new joint-stock company of the Rostov-Vladikavkaz railway. The dynamics is investigated from planning, choosing the final direction from those proposed by the engineers who carried out surveys on the ground, to the actual opening of permanent traffic on the first (main) line of the Rostov-on-Don - Vladikavkaz Society - the first highway that connected the Caucasus with the central part of the state in 1875 ... A brief description of this path is given. The geography of the line was investigated. Some stages of further development are given, the results and opinions obtained during the operation of the road are summed up. The issue of location and development of the Rostov railway junction is considered. Already in the first years of operation, the enormous potential of railway transport in the North Caucasus was obvious, not only strategically, but also as an economically important enterprise that opened up new opportunities for the development of the region, which in turn made the railway the main industrial giant.

scholarly journals Retrospective analysis of reproduction processes of fixed capital of railway transport

2019 ◽  
Vol 5 (2) ◽  
pp. 235-244
Author(s):  
A. Gulamov
Keyword(s):  
Retrospective Analysis ◽  
Fixed Capital ◽  
Joint Stock Company ◽  
Competitive Pressure ◽  
Railway Transport ◽  
Stock Company ◽  
Reproductive Process ◽  
Railway Company ◽  
Fixed Assets ◽  
Market Relations

Joint–stock company “Uzbek Railways” is the largest transport company in the country and in some segments of the transport market works in conditions of tough competition. With the development of market relations and economic growth, as well as competitive pressure from other participants in the transport market, reliable condition, efficient use and intensive reproduction of fixed assets are becoming increasingly important. In this regard, the research and development of effective methods of the reproductive process of the railway company. In this article, a retrospective analysis of the reproduction of the fixed capital of a railway company is carried out and suggestions are given for the intensification of this process.

scholarly journals Intellectual Property as one of the Major Tendencies of Innovative Development of Railway Transport

2018 ◽  
Vol 7 (4.3) ◽  
pp. 519
Author(s):  
Valeria Tіmanjuk ◽  
Yuliya Chernenko
Keyword(s):  
Intellectual Property ◽  
Economic Effects ◽  
Joint Stock Company ◽  
Property Management ◽  
Patent Policy ◽  
Railway Transport ◽  
Enterprise Development ◽  
Stock Company ◽  
Intellectual Property Management ◽  
Innovation Projects

The paper deals with the issues of effective formation and use of intellectual property in the transport system with the example of a public joint-stock company “Ukrainian Railways” (UR). Within the framework of the reorganization of the UR structure it is proposed to create an “Intellectual Property Management Office”, which forces are aimed at attracting the best scientific protectable designs and innovation projects, created both on the basis of their own enterprise and subject universities and organizations; the justification concerning the necessity of preparation of the patent policy is provided, which should correspond to the innovation strategy of the enterprise development; the economic-mathematical model is proposed, which allows to reach the optimum implementation of works that must be performed in accordance with the UR patent policy; the calculations of possible economic effects due to the commercialization of intellectual property objects are presented. It is substantiated that the use of intellectual property by the UR will enhance its image, competitiveness, become one of the tools of investment attraction, and will result in receiving additional profit.  

scholarly journals Advantages Of Stock Exchange Lıstıng

2016 ◽  
Vol 12 (4) ◽  
pp. 190
Author(s):  
Xhensila Kadi
Keyword(s):  
Stock Exchange ◽  
Supply And Demand ◽  
Stock Exchanges ◽  
Joint Stock Company ◽  
Financial Instruments ◽  
Stock Company ◽  
Industrial Companies ◽  
The Law ◽  
The One ◽  
Financial Transactions

The Stock Exchange is a regulated market of securities where contracts for the sale and purchase of the financial instruments are stipulated. The financial instruments such as stocks, bonds, derivatives with a definite price are traded and exchanged in the Stock Exchange. In this case the price is determined by the balance of supply and demand. If we would describe the Stock Exchange with an image, we would think a square in which some companies with public offer or companies with public participation operate. In particular, in it we may found industrial companies, financial companies, banks, services companies, etc. If we refer to history, the first and real trade of securities occurred around the year 1500 in Bruges. Nevertheless, Antwerp has been considered the first Stock Exchange, as the one of Bruges cannot be defined a genuine Stock Exchange. In Albania, till the end of 2014 we have had the Tirana Stock Exchange (TSE). The Tirana Stock Exchange was founded in 2002 in the form of a joint stock company, and has operated in accordance with the provisions of the Law No. 9901 dated 14.04.2008 “On the Entrepreneurs and trading companies” and the Law no. 9879, date 21.02.2008 “On Securities”. Initially, the listing of securities on the stock exchanges, for many entrepreneurs, meant an advertisement for the company, while now it is a widespread phenomenon in the world. If we refer to our country, we believe that the listing in the stock exchange has an important role towards the awareness of our companies regarding finding different manners from the traditional ones about their liquidity. Through this paper, it is aimed to answer to a fundamental question as the one related to the reasons why companies should be listed on the stock exchange. Each of the actions related to trading on the stock exchange is one of the steps in the process of investment, therefore we can say that this kind of financial transactions is not just about buying or selling a particular security.

INFORMATION DISCLOSURE AS A PREREQUISITE FOR EFFECTIVE INTERACTION OF THE MANAGEMENT BODIES OF A STOCK COMPANY

2017 ◽  
Author(s):  
Yevhen Shevchuk ◽  
Keyword(s):  
Information Disclosure ◽  
Effective Interaction ◽  
Public Information ◽  
General Meeting ◽  
International Standards ◽  
Joint Stock Company ◽  
Stock Company ◽  
Types Of Information ◽  
Information Database ◽  
Authorized Capital

The article analyzes the general state of information disclosure as a prerequisite for effective interaction of management bodies of joint-stock companies. Specific types of information that need to be disclosed by such companies are defined: on financial statements and operating results of the jointstock company, on shareholders who own 10 percent or more of the authorized capital of the company, on composition of the company's management bodies, on charter and internal documents, on minutes of general meeting of shareholders, on the amount of remuneration of officials. Possible options for information disclosure available to joint-stock companies are identified: dissemination of information at the general meeting, its publication in a public information database, posting information directly in the joint-stock company, providing copies of documents at the request of a shareholder or posting it on the company’s website. When disclosing information, positive trends were identified regarding the disclosure of data on shareholders who own 10 percent or more of the authorized capital of the joint-stock company and the composition of the company's management bodies, and among the negative - on the charter and internal documents, minutes of general meetings of shareholders and amount of officials’ remuneration. It was also noted that in 2019 all joint-stock companies achieved maximum openness in disclosing information about shareholders who own 10 percent or more of the authorized capital and composition of the company's management bodies, by publishing information on their websites. Based on the analysis of information disclosure options, two opposite trends have been identified - a decrease in the types and amount of information disseminated at the general meeting and an increase in the share of companies that use their own websites for this purpose. The study identified the following major disclosure issues: a significant difficulty in obtaining information on remuneration of officials, a significant decrease in the share of companies that keep their own records in accordance with international standards, and an increase in the share of companies that do not involve an independent auditor to audit their operations and reporting. Based on the above material, a conclusion is made about the gradual deterioration of access to information and complication of interaction processes between management bodies.

scholarly journals Intellectual Property as one of the Major Tendencies of Innovative Development of Railway Transport

2018 ◽  
Vol 7 (4.3) ◽  
pp. 519 ◽  
Author(s):  
Valeria Tіmanjuk ◽  
Yuliya Chernenko
Keyword(s):  
Intellectual Property ◽  
Economic Effects ◽  
Joint Stock Company ◽  
Property Management ◽  
Patent Policy ◽  
Railway Transport ◽  
Enterprise Development ◽  
Stock Company ◽  
Intellectual Property Management ◽  
Innovation Projects

The paper deals with the issues of effective formation and use of intellectual property in the transport system with the example of a public joint-stock company “Ukrainian Railways” (UR). Within the framework of the reorganization of the UR structure it is proposed to create an “Intellectual Property Management Office”, which forces are aimed at attracting the best scientific protectable designs and innovation projects, created both on the basis of their own enterprise and subject universities and organizations; the justification concerning the necessity of preparation of the patent policy is provided, which should correspond to the innovation strategy of the enterprise development; the economic-mathematical model is proposed, which allows to reach the optimum implementation of works that must be performed in accordance with the UR patent policy; the calculations of possible economic effects due to the commercialization of intellectual property objects are presented. It is substantiated that the use of intellectual property by the UR will enhance its image, competitiveness, become one of the tools of investment attraction, and will result in receiving additional profit.  

On the issue of personnel management in the innovation environment of railway transport of the Joint Stock Company “Uzbekiston Temir Yullari”

Innotrans ◽  
2016 ◽  
pp. 13-16
Author(s):  
Marufdzhan Halikovich Rasulov ◽  
◽  
Abdumalik Nabievich Rizaev ◽  
Abdulaziz Abdullaevich Gulamov ◽  
◽  
...  
Keyword(s):  
Personnel Management ◽  
Joint Stock Company ◽  
Railway Transport ◽  
Stock Company

Studying Demand for Institutes of Corporate Governance: Legal Aspects

2003 ◽  
pp. 50-61 ◽  
Author(s):  
T. Medvedeva ◽  
A. Timofeev
Keyword(s):  
Corporate Governance ◽  
Legal Aspects ◽  
Joint Stock Company ◽  
Federal Law ◽  
Stock Company ◽  
Open Joint Stock Company ◽  
Open Joint ◽  
Market Relations ◽  
Corporate Legislation

The article analyzes legal aspects of institutes of corporate governance. Different draft laws "On Joint-Stock Companies" are considered which reflected interests of separate groups of participants of market relations. Stages of property redistribution are outlined. The advantages of the model of the open joint-stock company are formulated. Special attention is paid to the demand for legal institutes of corporate governance as well as to the process of accepting the Federal Law "On Entering Amendments to the Federal Law "On Joint-Stock Companies"" which was enacted in 2002. The article contains proposals directed at improvement of corporate legislation.

Sign in / Sign up

Export Citation Format

Share Document