scholarly journals FINANCING OF INVESTMENT ACTIVITIES OF UKRAINIAN TELECOM COMPANIES

2017 ◽  
pp. 246-252
Author(s):  
Halyna Otlyvanska
Keyword(s):  
Financial Markets ◽  
Comparison Method ◽  
Economic Benefits ◽  
Investment Activity ◽  
Financing Policy ◽  
Technological Gap ◽  
Net Profit ◽  
Telecommunication Companies ◽  
Observation Method ◽  
Intensive Development

Introduction. Ukrainian telecommunication companies operate simultaneously in complex and unstable social and economic conditions. Currently the majority of domestic subscribers have a low level of effective demand. These factors are the main barriers for the effective financing of telecom providers’ investment activity. The purpose of the paper is to determine the conditions and trends of investment activity financing of the three Ukrainian telecommunication companies: Kyivstar, MTS Ukraine and Ukrtelecom. Method (methodology). The method of observation, method of comparison, method of generalization, method of grouping and index scientific method have been applied in the article. Results. The financing of the investment activity of the two largest telecommunication companies in Ukraine, Kyivstar and MTS Ukraine, whose results are stable and effective, is carried out by a self-financing policy. On one hand, the depreciation, amortization, and net profit are accumulated and these companies run the lowest risk of investment activity financing. On the other hand, the companies do not avail themselves of the opportunities to get financing from financial markets and implement it for more intensive development. This policy limits the basis for future economic benefits. In contrast, Ukrtelecom runs more significant risks in financing of investment activity. It actively pursued loans, credits and bonds. However, this policy is not effective because such investments are not enough to overcome the technological gap caused by constant innovation. In addition, internal problems exist.

Economic Benefits of Protected Vegetable Cultivation by the Farmers Trained by KVK Jalandhar

2020 ◽  
pp. 487-491
Keyword(s):  
Total Sample ◽  
Economic Benefits ◽  
Middle Level ◽  
Age Group ◽  
Vegetable Crops ◽  
Graduate Level ◽  
Level Of Education ◽  
Development Officers ◽  
Net Profit ◽  
Vegetable Cultivation

The study was undertaken to examine the economic benefits of protected vegetable cultivation. A total sample of 200 respondents practicing protected vegetable cultivation was selected from Jalandhar district from which 150 respondents were trained by KVK Jalandhar and the remaining 50 respondents were non-trainees. The findings concluded that 42.0 percent of trainees and 38.0 percent of non-trainees were in the age group of 39-52 years. It was revealed that 19.3 percent of trainees had a graduate level of education while 20.0 percent of non-trainees had a middle level of education. It was found that 66.0 percent of trainees and 54.0 percent of non-trainees had medium landholding. The majority of trainees (78.6 percent) and non-trainees (86 percent) had farming as an occupation. Most of the trainees and non-trainees contacted horticulture development officers. It was concluded that 32.6 percent of trainees procured seed or seedling from private firms whereas 40.0 percent of non-trainees procured seed or seedling from fellow farmers. The trainees obtained higher yield and net profit than non-trainees from all sample vegetable crops.

scholarly journals Microgrid as a Cost-Effective Alternative to Rural Network Underground Cabling for Adequate Reliability

Energies ◽  
2018 ◽  
Vol 11 (8) ◽  
pp. 1978 ◽  
Author(s):  
Sanna Uski ◽  
Erkka Rinne ◽  
Janne Sarsama
Keyword(s):  
Case Studies ◽  
Power Supply ◽  
Dairy Farm ◽  
Cost Effective ◽  
Distribution Networks ◽  
Comparison Method ◽  
Economic Benefits ◽  
Economic Feasibility ◽  
Cost Calculation ◽  
Islanded Operation

Microgrids can be used for securing the supply of power during network outages. Underground cabling of distribution networks is another effective but conventional and expensive alternative to enhance the reliability of the power supply. This paper first presents an analysis method for the determination of microgrid power supply adequacy during islanded operation and, second, presents a comparison method for the overall cost calculation of microgrids versus underground cabling. The microgrid power adequacy during a rather long network outage is required in order to indicate high level of reliability of the supply. The overall cost calculation considers the economic benefits and costs incurred, combined for both the distribution network company and the consumer. Whereas the microgrid setup determines the islanded-operation power adequacy and thus the reliability of the supply, the economic feasibility results from the normal operations and services. The methods are illustrated by two typical, and even critical, case studies in rural distribution networks: an electric-heated detached house and a dairy farm. These case studies show that even in the case of a single consumer, a microgrid option could be more economical than network renovation by underground cabling of a branch in order to increase the reliability.

scholarly journals Insights on the impact of telecommunication companies on the environment

2020 ◽  
Vol 14 (1) ◽  
pp. 202-213
Author(s):  
Ioana-Miruna Tătaru ◽  
Elena Fleacă ◽  
Bogdan Fleacă
Keyword(s):  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Pairwise Comparison ◽  
Comparison Method ◽  
Organizational Processes ◽  
Gas Emissions ◽  
Telecommunication Company ◽  
Telecommunication Companies ◽  
The Impact

AbstractTo perform their business operations, telecommunication companies need to consume energy. This paper aims to analyze and compare the energy consumption and their greenhouse gas emissions for there of the biggest telecommunication companies: Vodafone, Orange and Telekom. Although the scientific literature proposed some analysis on the environmental measures that the telecommunication companies have to take, there is a shortage of researchers focused on GRI reporting data and the pairwise comparison method. The authors compared these telecommunication companies’ emissions under the following criteria: energy consumption (GRI 302-1), scope 1 (GRI 305-1), scope 2 (GRI 305-2) and scope 3 (GRI 305-3) greenhouse gas emissions, reduction of emissions (GRI 305-5), using the pairwise comparison method. To reduce their emissions, companies developed a sustainability strategy. This paper will further emphasize what are the plans to reduce emissions for the company which, following the analysis, pollutes the most. To provide an overview of the future of the company which, by the analysis, pollutes the most, the authors have identified and analyzed what are the main actions that the company should take to reduce their impact on the environment. To do so, the authors firstly analyze the causes of the pollution produced by the telecommunication company using Ishikawa diagram. Then, it identifies what are the main organizational processes that can be improved using APQC standardization, to show that the improvement can be made if the organization adjusts their organizational processes. This paper is an enhancement to the studies form the field because it provides a comparative analysis on three of the most competitive telecommunication companies in the world, uses GRI criteria and pairwise comparison method and gives an overview on the next steps for the telecommunication company to reduce their greenhouse gas emissions.

scholarly journals Retrospective analysis of foreign investment in the context of the evolution of economic theories

2021 ◽  
pp. 23-34
Author(s):  
Maryana Orshanska
Keyword(s):  
Foreign Direct Investment ◽  
Retrospective Analysis ◽  
Open Economy ◽  
Direct Investment ◽  
Monopolistic Competition ◽  
Economic Benefits ◽  
International Capital ◽  
Investment Activity ◽  
Systematic Analysis ◽  
Economic Theories

The article provides a retrospective analysis of the formation and evolution of foreign direct investment in terms of various economic theories taking into account changes in the stages of socio-economic development. The study of these historical and economic issues was carried out using systematic analysis and historical method; which allowed us to identify the genesis and analyze the evolution of economic theories on the formation and development of foreign direct investment. The author conducted a detailed study of the history of investment activities and management of foreign direct investment from the oldest origins in the ancient world to modern forms of innovation. It was found that at different times, repre- sentatives of various economic theories (open economy, market modernization, monopolistic competition, international capital movements, etc.) worked on under- standing complex investment processes, risk management and methods of obtaining economic benefits, who considered foreign direct investment as a guaranteed im- provement and development of society. The analysis of scientific literature and statistics shows positive social, po- litical, economic, technological and other effects of investment activities: job creation and training, export diversification and improvement of export perfor- mance, introduction of science-intensive technologies, activation of local firms – suppliers and subcontractors, the introduction of effective management methods, foreign exchange inflows, etc. Analyzing the genesis of economic theories, opinions and research, we conclude that humanity, feeling the need for savings, pays considerable attention to investment. The stages of the investment economy and the choice of methods of control over them indicate the urgency of this problem, and today scientists continue to discover new aspects of investment opportunities and develop innovative forms, mechanisms, tools of investment policy. Key words: economic theories, foreign direct investment, investment activity, international capital movement.

scholarly journals Investment activity at the objects of specially protected natural territories of the Tyumen region

2020 ◽  
Vol 157 ◽  
pp. 03003
Author(s):  
Olga Bogdanova
Keyword(s):  
System Analysis ◽  
Investment Project ◽  
Performance Criteria ◽  
Investment Activity ◽  
Object A ◽  
Investment Projects ◽  
Protected Natural Area ◽  
Observation Method ◽  
Ecological Tourism ◽  
Specially Protected Natural Territories

This article discusses the possibilities of investment activities on the territories of objects of specially protected natural territories. The analysis of existing objects with identification of possible types of business activity within the current legislation is carried out. The purpose of this study was to determine the main directions of development of investment activity in territories of especially protected natural objects, and to offer basic stages of the evaluation presents the calculation of key performance criteria as a result of implementation of investment projects of ecological tourism. Criteria for ecological tourism are considered and an algorithm for implementing an investment project on the territory of an object, a specially protected natural area, is developed on the example of the Tyumen region. When writing the article, we used the General scientific method (analysis, synthesis, logical method), statistical method, sample observation method, and system analysis. The main results of this study can be considered the development of an algorithm for evaluating investment projects in specially protected natural areas, as well as methods for their evaluation.

Trends of Strategic Development and Investment Activities of Telecommunications Companies

2019 ◽  
Vol 8 (3) ◽  
pp. 45-51
Author(s):  
Анжелика Щелина ◽  
Anzhelika Shchelina
Keyword(s):  
5G Networks ◽  
Strategic Development ◽  
Investment Activity ◽  
Digital Platforms ◽  
Investment Projects ◽  
Telecommunication Companies ◽  
Platforms And Ecosystems ◽  
Telecommunications Market ◽  
Cloud Technologies ◽  
Telecommunications Companies

The article discusses trends in the strategic development of telecommunication companies in Russia. The factors of the strategies formation of the largest market players that determine the main directions of their investment activity are highlighted. Following the analysis of the five largest players in the telecommunications market, nine areas of digital transformation were identified: Internet of Things, OTT Applications, Cloud Technologies, Financial Technologies, Electronic Commerce and Big Data. The analysis of the implementation of investment projects of Russian telecommunications companies in the framework of their strategic development was carried out. It was identified trends in the transition of companies to the level of competition of digital platforms and ecosystems. A forecast has been made regarding the segmentation of the future digital market in Russia. The prospects for the development and significance of the development of 5G networks in Russia are named.

scholarly journals Accounting organization and presentation of information on the current assets in the enterprise statement

2019 ◽  
pp. 4-13
Author(s):  
Tetyana Demchenko ◽  
Svitlana Mykhailovyna
Keyword(s):  
Financial Statements ◽  
Comparison Method ◽  
Financial Statement ◽  
Enterprise Management ◽  
Accounting System ◽  
Managerial Decisions ◽  
Study Results ◽  
General Scientific ◽  
Observation Method ◽  
The Impact

The purpose of the research is to study the problem aspects and methods of current assets presentation in the accounting and financial statement in order to make informed managerial decisions in the enterprise management. Methodology. In the process of writing this article various general scientific and specific research methods were used, in particular the dialectic method (in the study of economic phenomena and categories), the induction and deduction method (in the study of the current assets place in the accounting system), the historical, logical and comparison methods (at the stage of accounts specification of the current assets accounting), the systemic method (by the disclosure of the accounting organization processes of current assets), the observation method (in the process of study the state of current assets at the enterprise), the generalization and comparison method (at the stage of theoretical positions generalization and conclusions formation of this study). Results. It was established that current assets are a necessary component of the company property and require the development of an appropriate accounting system in order to provide timely information on the presence, movement and use of current assets of the enterprise. The organization of current assets accounting and presentation of information about them in the financial statements of an enterprise is complicated by the uncertainty and constant changes in the legal acts. In order to accurately present the inventory accounting of the enterprise, the accountants should timely show the economic operations on the receipt and movement of current assets in the primary accounting documents. Taking into account the direction and documentary registration of operations on the receipt and retirement of stocks, we have developed the chart of inventory behaviour at the enterprise, which clearly shows the formation of information of the accounts. The analysis of the current assets presentation in the financial statement of the enterprise has been carried out, taking into account the impact of changes since the date of the entry into force of the National P(S)A No. 1 “General requirements to financial statements”. Practical meaning. The practical use of the proposed offers will ensure the correct presentation of operations on the organization of current assets accounting and the prompt receipt of the necessary information by the company management. The results of the study are aimed at improving the quality, reliability and efficiency of current assets accounting and can be used in the work of Ukrainian enterprises. Prospects for further research. Consideration of the directions of accounting reconciliation and taxation of operations with current assets by introducing the changes in the current statutory framework. Assessment of the accounting methods for current assets, development and implementation of recommendations for their practical improvement.

scholarly journals Technological landscape of the Russian agroindustry: how to make right digital infrastructure?

2021 ◽  
Vol 937 (3) ◽  
pp. 032087
Author(s):  
V Daroshka ◽  
I Aleksandrov ◽  
M Fedorova ◽  
M Petrov ◽  
A Suleimankadieva ◽  
...  
Keyword(s):  
Business Models ◽  
Import Substitution ◽  
Smart Growth ◽  
Industrial Complex ◽  
Investment Activity ◽  
Financial Condition ◽  
Technological Gap ◽  
Digital Infrastructure ◽  
The Russian Federation ◽  
Intensive Growth

Abstract The relevance of the topic of the study is due to the strategic importance of increasing the productivity of the agro-industrial complex of Russia to ensure national food security and implementation of the policy of food import substitution, as well as overcoming the technological gap in comparison with the world leaders of agrobusiness and the soonest way to sustainable intensive growth. There is a significant technological gap in the agro-industrial complex in terms of ensuring smart growth of agribusinesses based on digital technologies and solutions, which negatively affects its production, export potential and financial condition. The purpose of the research is to study the problems and prospects of the development of digital infrastructure in the agro-industrial complex of the Russian Federation. The study considers the conceptual apparatus, conducted a statistical study of activity in the digitalization of agriculture by agribusiness, priority business models of agriculture in the digital economy; the assessment of investment activity with regard to the formation of digital infrastructure, the priorities for the development of digital services and solutions. The conclusion of the scientific research identifies the main problems in the formation of digital infrastructure in the agro-industrial complex.

CORRELATION AND REGRESSION ANALYSIS OF THE EFFICIENCY OF THE USE OF INVESTMENT RESOURCES OF AN OIL COMPANY

2021 ◽  
Vol 1 (35) ◽  
pp. 15-23
Author(s):  
G.Z. Nizamova ◽  
◽  
M.M Gaifullina ◽  
Keyword(s):  
Regression Analysis ◽  
Methodological Approach ◽  
Dynamic Change ◽  
Investment Activity ◽  
Oil Companies ◽  
Correlation And Regression Analysis ◽  
Economic Entity ◽  
Net Profit ◽  
Oil Company ◽  
Integral Indicator

The result of the formation and use of investment resources of enterprises is characterized by many parameters and the relationship between them and the results is usually unknown. As a result, it is advisable to use economic and statistical methods and models, in particular, methods of correlation and regression analyzes, when analyzing the efficiency of using investment resources. The article substantiates a methodological approach to the use of correlation and regression analysis in modeling indicators of the efficiency of using the investment resources of an oil company. By the efficiency of using the investment resources of oil companies, we mean the ratio of income received from the investment activity of an economic entity and the costs associated with ensuring this activity. It is recommended to use the method of correlation and regression analysis to assess the influence of factor indicators on the effective indicator (an integral indicator of the efficiency of using the investment resources of an oil company). Based on the calculation of the integral indicator for a number of periods, the dynamic change in the efficiency of the formation and use of investment resources of the oil company is estimated, which allows characterizing the qualitative state of the management system for the formation and use of investment resources of the oil company. A one-factor economic and statistical model of the dependence of sales proceeds, sales profit, net profit and sales profitability on the integral indicator of the efficiency of using the investment resources of an oil company has been developed. The proposed methodological approach was tested on the example of the oil company PJSC «Gazprom Neft». A moderate correlation between the net profit indicator and the efficiency of the formation and use of investment resources of an oil company is revealed. It was found that if the integral indicator of the formation and use of investment resources changes by 1 %, the net profit will change by 31.56 %. Based on the results of the calculations, the main directions of increasing the efficiency of using the investment resources of the oil company are proposed, the implementation of which will allow maintaining the valuesн of the integral indicator of the effectiveness of the formation and use of investment resources of the oil company PJSC «Gazprom Neft» at a high level.

Modeling the aggregate risk of common stockholder through the determined financial model

2021 ◽  
Vol 27 (9) ◽  
pp. 1934-1961
Author(s):  
Nadezhda V. USHAKOVA ◽  
Anna L. SABININA ◽  
Aleksandr S. VASIN ◽  
Sergei I. GAIDARZHI
Keyword(s):  
Critical Analysis ◽  
Comparison Method ◽  
Financial Model ◽  
Financial Modeling ◽  
Leverage Ratio ◽  
Aggregate Risk ◽  
Net Profit ◽  
Chi Squared ◽  
Modified Formula ◽  
Reporting Data

Subject. The article focuses on methods for modeling and quantifying the risk associated with common stockholders. Objectives. We perform a critical analysis and study how the existing risk assessment methods can be modified. The article demonstrates strengths and advantages of the determined financial model. Methods. The study is based on methods of the discourse analysis, mathematical statistics, financial modeling. Results. If the entity receives payments out of net profit, we show the modified formula for assessing the aggregate leverage and suggest using the term financial leverage in Russian. The chi-squared comparison method reveals the need to respect aggregate leverage restrictions. We also present formulae for assessing its minimum and maximum. In this study, we provide a broader view of the financial mentality as a concept, quantify to what extent the decision-maker is prone to risk. Conclusions and Relevance. The advisable aggregate leverage fits in the interval, which should be specifically assessed for each entity, and can be determined by official reporting data through the proposed formulae. Managing common stockholders’ risk pursues to maintain the aggregate leverage ratio within its maximum and minimum. This task can be solved by modifying the structure and ratio of fixed and variable costs.

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