scholarly journals FINANCIAL STABILITY OF THE ENTERPRISE IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT OF UKRAINE

2018 ◽  
pp. 75-85
Author(s):  
Svitlana ZHUKEVYCH ◽  
Vіktoriia ROZHELIUK

Introduction. The modernization of the financial mechanism, the main purpose of which is to increase the efficiency of the use of financial resources at different levels of management and optimize management of budget funds is an important element of implementing the concept of sustainable development in Ukraine. At the same time, today the most urgent issue is the development of such a financial mechanism of the state, business entities that will stimulate the formation favorable conditions for meeting the needs of present and future generations. The purposeof the article is to highlight the issues related to the impact of financial sustainability on the sustainable development of enterprises in the framework of the implementation of the state strategy, which determines its relevance. Methods. The basis is based on scientific methods based on dialectical know ledge and objective laws of the economy. Results. Sustainable development of an enterprise is a gradual change or maintenance of the appropriate level of all indicators of enterprise sustainability, capable of resisting negative environmental factors, using internal potential, while preserving the integrity and basic properties. That is, it can be argued that sustainable development of the enterprise is provided on the basis of taking into account the influence of the external environment and improving the strategic management within the enterprise in order to increase its efficiency and continuous development. For the enterprises sustainable development means adopting business strategies and endorsing activities that meet market needs and stakeholders at the same time protecting, sustaining and strengthening the human and natural resources that will be needed in the future. The development of an effective management structure for the sustainable development of the business entity requires the integration of all functional components - business planning, organization, accounting, analysis, control. The calculation of permissible and economically justified rates of growth of an enterprise is an important stage in the diagnosis of the financial component of a sustainable development of an enterprise. Conclusions. The financial and economic stability is the condition of life and the basis of stability of an enterprise in a market economy. It is determined, that only a systematic approach that considers an enterprise as a social and economic system functioning in the external environment will prevent the negative trends of the present. The growth factors are the indicators in the management of sustainable growth: the coefficient of internal growth, which shows the ability of enterprises to increase the negotiable and non-current assets at the expense of domestic sources of funding and the coefficient of sustainable growth, which characterizes the growthof equity capital of the enterprise.

2017 ◽  
Vol 62 (2) ◽  
pp. 3-19 ◽  
Author(s):  
Olesea Sirbu ◽  
Rodica Crudu ◽  
Augustin Ignatov

Abstract In the present conditions when the demographic pressure upon the environment is higher than ever, the humanity faces the challenge of sustainability. Namely the sustainability of human activities is important and nothing can assure it better than sustainable energy supplies. The European Union is the leading global power in terms of adjusting its policies to increase innovation to assure a sustainable growth of its energy sector as a key to an advanced economic system. The present research focuses on the impact of European Union policies on the sustainable development of its energy sector by analyzing quantitatively and qualitatively various indicators intended to offer a throughout insight. The results obtained focus on the identification of the main innovation paradigms; the description of the main modern environmental challenges, especially in the energy domain; the determination of the relation between innovation and energy sustainability, and its analysis at the level of European Union.


2021 ◽  
Vol 13 (18) ◽  
pp. 10043
Author(s):  
Qian Zhou ◽  
Shuxiang Wang

In the face of an external environment featuring a high level of risk, multiple changes, and high uncertainty, the supply chain’s emergency replenishment, collaborative management, regulation of organic commodity, and low-cost rapid response will promote its’ sustainable growth and development, which is necessary for today’s economic development. The digitization and flexibility of the supply chain are of great value in obtaining the sustainable development of the supply chain. When dealing with an uncertain environment and market risk, current supply chain flexibility not only functions through its internal organizational flexibility, but also through collaborative creation and an extended supply chain network which will proactively form a replenishment supply sub-chain driven by the need for change responsiveness. This article constructs an associated model consisting of digitization, supply chain flexibility, and sustainability using an empirical analysis method to explore the implicit correlation of these factors. The analysis results of the mediating effect model show that both digitization and flexibility have significant positive effects on the sustainable development of the supply chain. Collaborative knowledge creation and supply chain flexibility play multiple mediating roles while market uncertainty positively moderates the impact of supply chain flexibility on supply chain sustainable development.


Author(s):  
А.М. Гасанов

В статье рассматриваются вопросы экономического моделирова- ния влияния инфраструктуры на устойчивое развитие отраслевой экономики ре- гионов СКФО. При этом целью исследования является построить многофактор- ные регрессионные модели результативных параметров предприятий. Исходя из цели определены и задачи исследования. Провести анализ состояния и проблемы развития экономики отраслевой составляющей региона в условиях инновацион- ных преобразований предприятий, а также методов ее оценки. The article deals with the issues of the infrastructure impact of economic modelling on the sustainable development of the sectoral economy of the NCFD regions. At the same time, the study aims to develop multi-factor regression models of effective parameters of enterprises. In accordance with the aim, the objectives of the study have also been defi ned. To carry out an analysis of the state and problem of economic development of the sectoral region in the context of innovative changes of enterprises, as well as methods of its evaluation.


2019 ◽  
Vol 19 (3) ◽  
pp. 231-238
Author(s):  
Nurzhan Ashirbekov ◽  
◽  
Zhyldyzbek Bazarbayev ◽  

This article discusses the role of small business and the characteristics of investment factors that affect the economy of Kyrgyzstan, as a factor in the sustainable development of the country. The development of small small businesses is the basis for the stability of the macroeconomic situation of the state. Officially, small and medium-sized businesses have been identified in Kyrgyzstan as the most important sector of the economy. An analysis of data on the production of small and medium-sized businesses in Kyrgyzstan shows that small business shows the most productive activity.


2019 ◽  
Vol 42 (4) ◽  
pp. 81-88
Author(s):  
V. I. TKACHUK ◽  
Yu. K. YAREMOV ◽  
M. I. YAREMOVA

The article examines the role of the business environment in shaping the economic security of business entities. The key economic interests of the entity and factors of influence that originate from the internal and external environment and which have a significant impact on the commercial business are distinguished. Potential and real threats to the realization of economic interests and the achievement of goals of the business entities are foreseen. Appropriate measures of an effective system of their protection within the competence of economic security have been developed. The author's vision of defining the economic security of business entities is proposed, which is interpreted as a state of protection of economic interests against the destructive effects of the business environment that maintains resistance to internal and external threats, ensures high competitiveness and ability to sustainable development. It is proposed to distinguish certain areas of economic security, which differ in their purpose and have an individual focus, namely financial, personnel, technical and market. It is proved that the formation of components is, first of all, related to the internal environment, since its factors are solely within the competence of the economic entity and is a primary sign of its effective functioning, which will allow sustainably resisting the effects of the external environment. Internal and external threats of economic activity by separate functional components are distinguished. It is taken into account that economic security management provides for their comprehensive systematic monitoring in order to prevent and minimize destructive effects in a timely. Preventive measures have been developed to improve the level of business security, which will allow to successfully operate in the conditions of competition and to ensure the sustainable development of business entities in the future.


2021 ◽  
Vol 13 (6) ◽  
pp. 3509
Author(s):  
Anastasia Chaplitskaya ◽  
Wim Heijman ◽  
Johan van Ophem ◽  
Olga Kusakina

This paper considers innovations as one of the factors of sustainable agricultural development of the Stavropol Territory. It focuses on the impact of state policy at the regional level in the field of innovations on the sustainable development of the region’s agriculture. This paper tests whether the implementation of the policy in innovations increased the sustainable growth of agricultural development. To do so, a model with switch variables was used. Principle component analysis was used to calculate a composite sustainability index of selected socio-economic and environmental indicators. The hypothesis that the introduction of a state policy aimed at innovation has a positive impact on the sustainable development of the regional agriculture was corroborated. We also assessed the impact of implementing this policy within each dimension separately. The socio-economic indicator is more important than the environmental indicator.


2021 ◽  
Vol 39 (6) ◽  
Author(s):  
Olena Bondarenko ◽  
Liudmyla Kozarezenko ◽  
Tetіana Chunikhina ◽  
Olga Solomka

The state and society social interaction level assessment is extremely important for achieving sustainable development goals. In recent years, special attention has been paid to the research area to study the impact of public managementupon the successful implementation of these tasks. However, there is a lack of research that assesses the level of social interaction between the state and society through indicators of socio-economic development of countries, which are determined by the effectiveness of the mechanism of public marketing. The obtained results can be useful for public management bodies of different countries in the sustainable development tasks implementation.


2021 ◽  
Vol 25 (4) ◽  
pp. 48-63
Author(s):  
O. V. Loseva ◽  
M. A. Fedotova ◽  
V. V. Bogatyreva

The objective of the research in the article is the food retail companies that occupy leading positions in the Russian and foreign markets. The subject of the study is financial and economic relations in the field of the use of intangible assets (IA) as a significant factor in increasing the capitalization of food retailers and their sustainable development. The relevance of the problem is due, on the one hand, to the significant contribution of trade to the country’s GDP, on the other hand, to the need to find new drivers for the sustainable development of food retailers in the context of overcoming the negative consequences of the pandemic and the digital economy. The purpose of the study is to assess the impact of the value of intangible assets on the capitalization of food retailers. The authors applied the methods of comparative analysis, calculation of financial and economic indicators, correlation, and regression analysis of statistical data processing. The authors used Student’s t-test and Fisher’s f-test to confirm the quality of the constructed model. The study shows that Russian food retailers, as compared to foreign ones, occupy a smaller market share in the domestic economy and have a smaller share of intangible assets in the non-current assets of companies (except for X5 Retail Group). On the Russian food market, a trend has been revealed towards an increase in the production of goods under private labels and a decrease in the presence of foreign retailers, as well as an increase in the share of online trading that requires the use of intellectual property, including digital intangible assets, and leads to an increase in cash flows. Based on multivariate correlation analysis, it was found that the capitalization of trading companies in the food sector is most affected by the value of intangible assets and return on them. The constructed model of linear two-factor regression allows the authors to conclude that with an increase in the value of intangible assets by 1%, the market capitalization of a company increases by 10% with a constant return on assets. The article provides recommendations for Russian food retailers on the formation and use of a portfolio of intangible assets for value-based business management, which will contribute to their sustainable development.


Author(s):  
Alex Cobham

This chapter focuses on the role of states in actively procuring profit shifting across borders. The effects of global profit shifting and the associated revenue losses suffered by countries at every income level can be attributed to those jurisdictions that procure the majority of global profit shifting. Measures against these state procurers of profit shifting can take a number of forms. First, human rights instruments can be used to highlight the extraterritorial damage being done, and to drive political salience and responses by shaming. Second, indicators of profit shifting can and should be established in international mechanisms such as the reporting of the Sustainable Development Goals to ensure continuing accountability for the state procurers. Finally, individual jurisdictions and regional blocs should consider unilateral defensive measures to eliminate the impact of profit shifting.


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