scholarly journals ANALYSIS OF FIXED ASSETS OF THE ENTERPRISE: PROBLEMATICALLY-PROGNOSTIC APPROACH

2020 ◽  
pp. 155-161
Author(s):  
Larysa Yakymova ◽  
Kateryna Smolnikova
Keyword(s):  
Econometric Analysis ◽  
Retail Trade ◽  
Information Value ◽  
Motor Vehicles ◽  
Ratio Analysis ◽  
Empirical Results ◽  
Methods Of Analysis ◽  
Fixed Assets ◽  
Integral Assessment ◽  
The Impact

Purpose. The aim of the article is substantiation of the content and algorithm of the problematically-prognostic approach to the analysis of fixed assets and its approbation at the enterprises which according to NACE-2010 are included into the section G (wholesale and retail trade, repair of motor vehicles and motorcycles). Methodology of research. General scientific and special methods of cognition in the research are used in the article, such as: methods of theoretical generalization and comparative analysis – for the analysis of relevant scientific literature; systematical approach, methods of analysis and synthesis – for the substantiation of the methods of analysis of fixed assets; ratio analysis – for the analysis of the efficiency of using fixed assets; methods of mathematical statistics – for assessing the risks associated with fixed assets; methods of econometrical analysis – for building models and assessing of the impact of indicators of fixed assets on the financial results of enterprises. Findings. The main contribution of the research consists in the inclusion of such stages in the traditional method of analysis of fixed assets, such as, integral assessment of the efficiency of use, analysis of risk and problematically (econometric) analysis of fixed assets, is substantiated. Empirical results confirm an increase of the information value of such analysis that contributes to the adoption of reasonable and timely management decisions. Originality. A method of analysis of fixed assets is proposed in the research, which includes the definition of the stages of analysis, the formation of a system of indicators, methods and information base for each stage of analysis, and, unlike the existing ones, has a problematically-prognostic focus, which makes it possible to perform a comprehensive analysis of fixed assets, to determine the directions of increasing the efficiency of their use, to assess the impact on the financial results of the enterprise. Practical value. The proposed method of analysis can be used by managers and investors for a deeper understanding of the problems associated with fixed assets of the enterprise. The empirical results of the research are recommended to be used as benchmark indicators in the analysis and development of a policy for the management of fixed assets at the enterprises of section G according to NACE-2010. Key words: fixed assets, ratio analysis, analysis of risks, econometric analysis, enterprises of section G according to NACE-2010.

The Impact of COVID-19 on the Wholesale and Retail Trade—Repair of Motor Vehicles and Motorcycles Sector in Romania

2021 ◽  
pp. 251-270
Author(s):  
Anghel Ion ◽  
Davidescu Adriana Ana Maria ◽  
Mosora Mihaela Hrisanta ◽  
Curea Stefania Cristina ◽  
Achim Luminita Georgiana
Keyword(s):  
Retail Trade ◽  
Motor Vehicles ◽  
The Impact

scholarly journals Share Capital Management in the Context of Ensuring Competitive Advantages of the Retail Business Entity

2021 ◽  
Vol 80 (1) ◽  
pp. 35-41
Author(s):  
А. С. Дядін ◽  
Н. В. Бобро
Keyword(s):  
Capital Structure ◽  
Average Cost ◽  
Financial Stability ◽  
Weighted Average ◽  
Market Value ◽  
Retail Trade ◽  
Retail Business ◽  
Fixed Assets ◽  
The Impact ◽  
The Capital Structure

It has been proved that capital is a resource that is accumulated and is involved in the processes of reproduction and growth of value through mutual conversion of its various types, which are invested in the creation of assets, which is the total amount of financial resources of enterprises. It has been demonstrated that it is possible to determine the most rational ratio of capital indicators calculated on the basis of factors of influence, risks and practical experience that brings the target capital structure as close as possible to its optimal value. Given that the capital structure affects the market value of the enterprise through the price of capital, the concept of capital structure is studied in the same theoretical complex with the concepts of capital value and market value of the enterprise. The analysis has demonstrated that the first stage of optimizing the financial structure of enterprise’s capital as a specific object of anti-crisis retail business allows to determine the presence or absence of capital volume for a particular business entity. If the answer is positive, the optimization of the ratio of all sources of capital is carried out within this volume. If the available amount of capital is insufficient, it is necessary to find out whether the company has the opportunity to expand it and the sources to accomplish it. The second stage – assessing the capital structure by the criterion of financial stability – is carried out by comparing the actual values of the ratio of the current assets of business entities in retail trade in equity with the “normal” value, where its minimum level is 0.1. The capital structure is assessed during the third stage from the standpoint of the value of capital. Appropriate calculations are made by using the weighted average cost of capital of a business entity. The capital structure is evaluated during the fourth stage in terms of its efficiency. The basis for assessing the structure of capital by the criterion of its effectiveness is the calculation of the effect of financial leverage in previous periods and determining the impact of individual factors (return on assets, weighted average cost of debt, share of debt and equity) on this effect by using the method of chain substitutions regarding the weighted average cost of borrowed capital adjusted for the net operating result of the investment, the value of leased fixed assets, the amount of rent, as well as the share of financial loans, trade payables and long-term credit in the form of leased fixed assets in total borrowed capital. Finally, the target-oriented capital structure is formed during the fifth stage, taking into account the obtained results of optimization according to all the criteria and features of the components of capital and the factors that affect them. The fulfillment of this stage requires a thorough development of specific measures that should allow to form the necessary capital structure of the business entity in retail.

The Effects of Employment Protection legislationon Personnel Policies: A Review of Theoretical Modelsand Empirical results

2014 ◽  
pp. 126-140
Author(s):  
O. Mironenko
Keyword(s):  
Personnel Selection ◽  
Selection Criteria ◽  
Theoretical Models ◽  
Employment Protection ◽  
Empirical Results ◽  
Protection Legislation ◽  
Labour Contracts ◽  
Hiring And Firing ◽  
The Impact ◽  
Personnel Policies

Employers incur costs while fulfilling the requirements of employment protection legislation. The article contains a review of the core theoretical models and empirical results concerning the impact of these costs on firms’ practices in hiring, firing, training and remuneration. Overall, if wages are flexible or enforcement is weak, employment protection does not significantly influence employers’ behavior. Otherwise, stringent employment protection results in the reduction of hiring and firing rates, changes in personnel selection criteria, types of labour contracts and dismissal procedures, and, in some cases, it may lead to the growth of wages and firms’ investments to human capital.

An econometric analysis of retail turnover in Russia

2020 ◽  
Vol 19 (6) ◽  
pp. 1133-1153
Author(s):  
A.T. Kozinova
Keyword(s):  
Household Income ◽  
Inflation Targeting ◽  
Import Substitution ◽  
Consumer Price Index ◽  
Strong Relationship ◽  
Econometric Analysis ◽  
Retail Trade ◽  
Economic Instability ◽  
Consumer Prices ◽  
Macroeconomic Indicators

Subject. The article deals with econometric analysis of retail turnover in Russia and its relationship with macroeconomic indicators, like real disposable household income, consumer prices, etc. Objectives. The purpose is to create effective models to analyze the retail turnover in Russia and its relationship with other macroeconomic indicators, taking into account the existence of periods of economic instability. Methods. I apply correlation and regression methods to analyze statistics. To quantify changes in the retail turnover of Russia during the periods of economic instability, I use dummy variables. Results. The Russia’s retail trade turnover index had a reverse and moderate relationship with the consumer price index, direct and strong relationship with the indices of real disposable household income and imports, direct relationship with the manufacturing index. I offer statistically significant regression models of Russia’s retail turnover with the said macroeconomic indicators. Conclusions. The main advantage of models of retail turnover that are built using a large number of observations is a greater number of simultaneously considered factors. The quantitative assessment of retail turnover elasticity by consumer prices confirms the need for inflation targeting by the Central Bank of the Russian Federation. The higher elasticity of retail turnover in manufacturing as compared with the imports denotes the importance of import substitution policy.

INTEGRAL ASSESSMENT OF ANTHROPOGENIC PRESSURE ON WATER BODIES IN THE LAKE BAIKAL BASIN

2020 ◽  
Author(s):  
Irina Ulzetueva ◽  
Bair Gomboev ◽  
Daba Zhamyanov ◽  
Valentin Batomunkuev ◽  
Zorikto Banzaraktsaev
Keyword(s):  
Lake Baikal ◽  
River Basins ◽  
Anthropogenic Load ◽  
Anthropogenic Pressure ◽  
Linear Network ◽  
Baikal Basin ◽  
Discharge Water ◽  
Lake Baikal Basin ◽  
Integral Assessment ◽  
The Impact

The integrated assessment of the ecological state of the main rivers of the lake Baikal basin - Verkhnyaya Angara, Tyya, Barguzin, Selenga, Snezhnaya, Bolshaya Rechka, Khilok, Chikoy is based on the assessment of the variability of the basin system under the influence of two groups of indicators: 1) Direct (immediate) impact - the volume of water intake and wastewater discharge, water use and sequential water supply. Assessment of the impact on the state of the above-listed rivers basins from wastewater was performed using the algorithm proposed by A. Korolev et al. (2007). 2) Indirect (mediate) impact - indicators of areal and linear-network impacts on the catchment area. Based on the calculation of the integral anthropogenic pressure on the territory of the above-listed river basins, only the Selenga river experiences an “average” anthropogenic load. On the territory of most river basins, the anthropogenic load is “lowered” and “low”.

Comparative assessment of the inter-sectoral communications of the light industry of Ukraine and the certain countries EU

2020 ◽  
pp. 52-56
Author(s):  
Lyubomyr Sozanskyy
Keyword(s):  
Public Administration ◽  
Raw Materials ◽  
Comparative Assessment ◽  
Retail Trade ◽  
Motor Vehicles ◽  
Light Industry ◽  
Industrial Activity ◽  
Trade Sector ◽  
A Chain ◽  
Production Areas

The light industry is an important inter-sectoral segment and a chain of individual production areas. The purpose of the article is to carry out a comparative assessment of the cross-sectoral linkages of light industry of Ukraine with some EU countries and to prepare relevant analytical conclusions. The research revealed that the largest consumers of light industry products in 2013-2017 in Ukraine were the industries that belonged to this type of industrial activity (textile, clothing, leather and other materials), as well as the trade, furniture industry, public administration, and defense. The key problem for the functioning of the Ukrainian light industry is its high import dependence. In particular, the share of imports in intermediate consumption of light industry of Ukraine in 2017 was almost 60%. The share of imports in the expenditures of the Ukrainian light industry was almost 49%. The production activities of light industry in Ukraine use products of many ECs, but the main suppliers of raw materials and components are: textile production, production of clothing, leather, and other materials; production of chemicals and chemical products; wholesale and retail trade; supply of electricity, gas, steam, and air conditioning. In 2017, these four sectors totaled 70.74%. The following types of industrial activity in Ukraine have a significant potential for increasing output: production of rubber and plastic products; production of motor vehicles, trailers and semi-trailers; production of other vehicles; public administration and defense; compulsory social security; health care and social assistance. The further development and improvement of the technological level of Ukrainian light industry products requires greater integration of the latter with the trade sector. However, the trade sector in Ukraine requires a thorough “unshadowing”, i.e. legalization of all operations.

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