MANAGEMENT OF TRANSPORT COMPANIES BASED ON THE PRINCIPLES OF SUSTAINABLE DEVELOPMENT

2021 ◽  
Vol 5 (11) ◽  
pp. 16-25
Author(s):  
Marina A. Vasilenko ◽  
◽  
Elena L. Kuzina ◽  
Alexander O. Mushegyan ◽  
Anastasia A. Laponogova ◽  
...  
Keyword(s):  
Performance Indicators ◽  
Railway Transport ◽  
Transport Effect ◽  
Socio Economic Development ◽  
Surface Water Bodies ◽  
Transport Complex ◽  
The Impact ◽  
A Company ◽  
Rate Of Consumption

The development of the economy is characterized by the fact that with an increase in the growth rate of consumption of natural resources, the rates of pollution of the natural environment and the costs of its restoration increase. JSC "Russian Railways" plays a key role in the transport system of the Rus-sian Federation, is a company that occupies strategic positions in the transport complex of the Russian Fed-eration, which has a favorable impact on aspects of the socio-economic development of the country, as well as on improving the quality of life of the population. The article presents the key performance indicators of JSC "Russian Railways". The main tasks of the development of environmental protection activities of transport enterprises are considered. The authors assessed the out-of-transit effect at transport enterprises and re-vealed the main tasks of the management system for the environmental activities of JSC "Russian Railways". The stages of environmental monitoring of JSC "Russian Railways" are analyzed. The dynamics of emissions of pollutants into the atmosphere, discharges into surface water bodies, waste from production and consump-tion of railway transport in the period from 2012 to 2020 is presented. The assessment of the impact of transport on the economic, environmental and social spheres of society and the change in the non-transport effect has been carried out.

scholarly journals Key Performance Indicators (KPIs) as a Tool to Improve Product Quality

2020 ◽  
Vol 3 (1) ◽  
pp. 347-354
Author(s):  
Katarzyna Midor ◽  
Erika Sujová ◽  
Helena Cierna ◽  
Danuta Zarebinska ◽  
Wojciech Kaniak
Keyword(s):  
Performance Indicators ◽  
Key Performance Indicators ◽  
Improve Product Quality ◽  
Process Measures ◽  
Organizational Unit ◽  
Manufactured Products ◽  
Management Method ◽  
A Company ◽  
Financial Process

AbstractThe literature includes a wide selection and distribution of performance indicators to be used in different areas of the company. The paper highlights the Key Performance Indicators (KPIs) as those that are the most universal and allow the control of intended targets in different areas of the enterprise. KPIs are financial and non-financial process measures used to assess the degree of achievement with regard to strategic and operational objectives in a company. They are also used to measure the effectiveness of all activities undertaken in an organizational unit. The paper presents the possibility of using KPIs to improve the quality of manufactured products, by analyzing the trend of selected indicators. This analysis gave an impulse to undertake improvement actions in the company consisting in the use of quality management method – in this case 5 WHY leading to the initiation of preventive and corrective actions in the occurrence of defective products.

scholarly journals Consideration of quality change of railway transport maintenance operations in managing costs of goods transport

2018 ◽  
Vol 239 ◽  
pp. 03005
Author(s):  
Lidia Shkurina ◽  
Eugenia Maskaeva ◽  
Stanislav Maskaev
Keyword(s):  
Cost Management ◽  
Rolling Stock ◽  
Market Demand ◽  
Railway Transport ◽  
Quality Change ◽  
The Cost ◽  
The Impact ◽  
Financial Result ◽  
Freight Market

the authors reviewed the quality of operational work of railway transport in the cost management system, presented methods for assessing the impact of the quality of rolling stock on the current costs of transportation activities, considered the issues of the impact of the quality of operational work on the formation of freight market demand and of financial result of the transport company - the owner of infrastructure and traction rolling stock, represented methods of assessing financial and economic efficiency of improving the quality of operational work for the company - a participant of the freight market.

Qualitative Financial Statement Disclosures: Legal and Ethical Considerations

2004 ◽  
Vol 14 (3) ◽  
pp. 433-451 ◽  
Author(s):  
William E. Shafer
Keyword(s):  
Empirical Test ◽  
Financial Statements ◽  
Financial Statement ◽  
Corporate Management ◽  
Ethical Considerations ◽  
Corporate Executives ◽  
Illegal Acts ◽  
The Impact ◽  
A Company

Abstract:There is a long-running debate among legal scholars regarding the propriety and enforceability of SEC attempts to mandate disclosures of antisocial or illegal corporate activities that do not materially impact a company’s financial statements. This debate was recently revived by the issuance of SEC Staff Accounting Bulletin 99, Materiality in Financial Statements (SEC 1999), which suggests that quantitatively immaterial information relating to unlawful transactions or regulatory non-compliance should be considered for disclosure. This issue has important implications for the accounting profession, although it has generally been ignored in the accounting literature. This paper reviews legal and ethical considerations raised by the issue of qualitative disclosures, and also presents the results of a preliminary empirical test of the impact of such disclosures on financial statement users’ judgments. The results of this study indicate that investors consider the nondisclosure of immaterial illegal acts to be unethical, and reject suggestions that such information lacks moral intensity. The results also suggest that immaterial illegal acts have a significant effect on investors’ perceptions of the quality of corporate management and the likelihood of investment in a company. This effect was more pronounced when the illegal act was combined with self-dealing on the part of corporate executives.

scholarly journals CORPORATE GOVERNANCE AND BUSINESS PERFORMANCE: EVIDENCE FOR THE ROMANIAN ECONOMY

2015 ◽  
Vol 17 (3) ◽  
pp. 458-474 ◽  
Author(s):  
Monica-Violeta ACHIM ◽  
Sorin-Nicolae BORLEA ◽  
Codruţa MARE
Keyword(s):  
Corporate Governance ◽  
Business Performance ◽  
Stock Exchange ◽  
Policy Makers ◽  
Governance Practices ◽  
Corporate Governance Practice ◽  
Corporate Governance Quality ◽  
The Impact ◽  
A Company

Our finding contributes towards the understanding of movements regarding the adoption of corporate governance practice in emerging countries such as Romania and its impact on business performances of a company. We have developed two econometric models to assess the business performances of the companies listed on Bucharest Stock Exchange, in order to point out the impact of corporate governance on business performances. Our results are inconsistent for the period 2001–2011, but if we consider only 2011, the results document a positive correlation between corporate governance quality and market value of companies, such it is reflected by Tobin’s Q. Therefore, our results contribute to the studies relating corporate governance and business performances, as it confirms a positive relationship between the two variables which appears once the Romanian emerging economy has began to adopt the best corporate governance practices. Firstly, our research has important implications for managers in order to know that the adoption of the best corporate governance practices could contribute to the financial success of the firm. Secondly, the results are useful for any investor who needs to consider the quality of corporate governance as a good predictor for the best rate of return of theirs investments. Moreover, our findings have also implications on policy-makers and regulatory authorities in European developing countries and offer them a barometer of adopting the best corporate governance practices in European space.

The Risk Concept and the Impact on the Organizational Performance of Maritime Shiprepairs Shipyards

2019 ◽  
Vol 34 ◽  
pp. 300-308
Author(s):  
Emil Manea ◽  
Mihaela Greti Manea
Keyword(s):  
Quality Management ◽  
Organizational Performance ◽  
Performance Indicators ◽  
Management Systems ◽  
Quality Management Systems ◽  
Institutional Relations ◽  
The Impact ◽  
Paper Address ◽  
Risk Concept

Since the quality management systems have undergone a significant change by taking into account the concept of risk, for the shipyards, becomes necessary, an approach aimed at improving organizational performance by implementing a actions plan based on the risks which may adversely affect the achievement of the objectives identification and assessment. The purpose of the paper is to propose a series of measures for improving the shiprepairs shipyards organizational performance,based on identifying and assessing the risks. The contents of the paper address the following aspects: summarizes the main changes made by the quality management systems; presents some developments in view of the identification and results of the risk assessment, identifying key performance indicators specific to the ships maintenance works in shiprepairs shipyards, the use of the performance indicators related to the management systems processes (quality, environment, security and occupational health). Concluding, the authors bring some proposals on improving the quality of institutional relations of the shiprepair shipyards.

scholarly journals Supply Chain Management and Risk Management in an Environment of Stochastic Uncertainty (Retail)

Risks ◽  
2021 ◽  
Vol 9 (11) ◽  
pp. 197
Author(s):  
Sergey A. Lochan ◽  
Tatiana P. Rozanova ◽  
Valery V. Bezpalov ◽  
Dmitry V. Fedyunin
Keyword(s):  
Risk Management ◽  
Supply Chain ◽  
Performance Indicators ◽  
Bullwhip Effect ◽  
Retail Trade ◽  
Distribution Center ◽  
Stochastic Uncertainty ◽  
Operational Risks ◽  
The Impact

In the context of stochastic uncertainty and the increasing complexity of logistics processes in the retail sector, managers face a problem in obtaining accurate forecasts for the dynamics of changes in key business performance indicators. The purpose of the present work is to assess the impact of risk events and unstable conditions on the level of quality of supply chain services and economic indicators of the retail trade network. Using the anyLogistix software tool, a simulation model was constructed that allows assessing operational risks and their impact on key indicators of the supply chain using the bullwhip effect. Besides, a statistical model of the impact of the ripple effect in the event of failures caused by the occurrence of a man-made risk event and the shutdown of production of one of the suppliers on the financial, customer, and operational performance indicators of the supply chain of grocery retail. The results obtained show that the main factors of changes in the supply chain are operational risks associated with fluctuations in demand and order execution time by the distribution center. With a sufficiently high level of occurrence, their impact on productivity and quality of service is low because they can be eliminated in a short time. The simulation results show that the most tangible risks for the food retail supply chain are supply chain failures, whose consequences require significant coordinating efforts and longer recovery times, as well as additional investments. For example, events, such as a fire in one distribution center and the shutdown of production for 1 week of one of the suppliers of dairy products will lead to the loss of USD 181.75 million by the grocery retailer, which is 3% of the expected revenue. We believe that risk management in supply chains is becoming increasingly complex, and to make effective managerial decisions, it is necessary to constantly improve the tools that combine analytical and optimization methods, as well as simulation modeling.

scholarly journals Trust as an Element of the Functioning of the Information System in Management in Conditions of Forced Remote Work

Energies ◽  
2021 ◽  
Vol 14 (21) ◽  
pp. 7425
Author(s):  
Tomasz Lis ◽  
Aleksandra Ptak ◽  
Marek Lis
Keyword(s):  
Information System ◽  
Organizational Culture ◽  
Information Management ◽  
Quantitative Research ◽  
Remote Work ◽  
Position Information ◽  
Effective Factor ◽  
The Impact ◽  
A Company

Information management, an important element of which is the information system, has a direct impact on the functioning of a company, including its competitive position. Information management is related to the shape of the organizational culture, represented, inter alia, by the context of trust, relationship, and communication. The shape of the organizational culture, including the functioning of the information system, is particularly influenced by factors (usually external) that appear in a sudden and unpredictable manner. This impact increases with the intensity and scale of their influence. The recent COVID-19 pandemic should undoubtedly be considered such a factor. As a result, many enterprises suddenly had to switch to remote work. The aim of this paper is to analyze the essence and recognize the impact of the forced transition to a remote form of work on trust as a shaping and effective factor in the functioning of the company’s information system. To achieve this goal, the results of qualitative research conducted by the authors during the period March 2020–February 2021 and quantitative research conducted in February 2021 were used. In connection with the conducted research, it was found that trust is a very important factor influencing the efficiency and quality of employees’ work. It was also found that the forced need to switch to remote work mode was a problem for most people. This was influenced by both the time of the pandemic, as well as technical and organizational problems. As a result of observations, own experiences, interviews, and a questionnaire survey, the authors state that the necessity to switch from traditional to remote work resulted in an increase in the costs of functioning of people, including employees.

scholarly journals Performance Culture – The E.Q., Support of the Reposition of Companies on the Market – Answer To the Impact of Economic Crisis

2014 ◽  
Vol 3 (5) ◽  
pp. 269-278
Author(s):  
Mihaela Cristina Gheorghe
Keyword(s):  
Emotional Intelligence ◽  
Economic Crisis ◽  
Competitive Advantages ◽  
Performance Culture ◽  
Basic Purpose ◽  
The Creation ◽  
The Impact ◽  
A Company ◽  
A Performance

In an economy where the co-operation is part of the success of any strategy, the putting at the staff’s disposition of the information needed in order to take the most appropriate decisions and its involvement in formulating and meeting the objectives of the company create competitive advantages, conjugated with a great individual responsibility.The topicality of methods, processes, strategies accentuates the interfering moment of the rational intelligence (I.Q.) with the emotional intelligence (E.Q.), synergy which can propel and capitalize strategies deeply touched by the importance of the quality of the staff, in the company’s success.The promotion of a performance culture, designed to support the strategies formulated, can be realized only inside a company which promotes the credibility and the confidence. A customer-centric and pro-active staff, aligned to the basic purpose of the company, would adapt with confidence and will contribute to the creation of a structure aimed to support the continuity of the company.

scholarly journals PENGARUH PELATIHAN DAN MOTIVASI TERHADAP KINERJA OPERATOR PRODUKSI PT ALAM LESTARI UNGGUL

2018 ◽  
Vol 9 (1) ◽  
pp. 131-144
Author(s):  
Lukman Nul’ Hakim
Keyword(s):  
Work Environment ◽  
Performance Improvement ◽  
Human Resource ◽  
Employee Motivation ◽  
Training Effectiveness ◽  
Welding Electrode ◽  
The Impact ◽  
A Company

Nowadays, competitiveness increase continuously and influenced by quality of its people. Performance improvement of human resource in a company can be reached by several ways. There are several factors that influence peoples in a company, such as training and motivation. This research is to examines the impact of training and motivation toward operation employees performance. Population of this research are 400 respondances and 80 samples. This research is conducted in one of welding electrode manufacturer company called PT Alam Lestari Unggul. The result of the reasearch shows that both training and motivation positifly and significantly influences operators’ performance in PT Alam Lestari Unggul both partially and simultanousley. The conclution of this research is production operators performance can be increased using two ways, enhancing training effectiveness and designing work environment to develop employee motivation.

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