scholarly journals Development of methodology of alternative rationale for financial ensuring of bridges building

VUZF Review ◽  
2020 ◽  
Vol 5 (1) ◽  
pp. 43-49
Author(s):  
Igor Britchenko ◽  
Maksym Bezpartochnyi ◽  
Yaroslava Levchenko
Keyword(s):  
Financial Support ◽  
Golden Ratio ◽  
Financial Resources ◽  
Bridge Construction ◽  
Major Overhaul ◽  
Golden Proportion ◽  
Methods And Techniques ◽  
Bridge Structures ◽  
Ratio Rule ◽  
General Scientific

The purpose of the article is to develop a methodology for alternative substantiation of financial support for bridge construction. To achieve the purpose, the following general scientific and special methods and techniques of research were used: “golden ratio” rule; systematization and generalization; generalization of the results of the analysis and the logical generation of conclusions. Initially, the article analyzed the state of bridge structures in Europe and Ukraine. Based on the analysis, a disappointing situation has been identified, namely that a significant ratio of bridges number require major overhaul or are in critical condition. During the research, the following tasks were solved, namely: physical wear of the bridge as a failure was considered; the feasibility of investing in reconstruction or new bridge construction was determined. For the purpose of rational use of financial resources, which are limited in the age of economic challenges, and on the basis of the rule of “golden proportion”, the maximum percentage of investment in reconstruction is determined. If the limit is exceeded, it is decided to build a new bridge. This result allows making an economically sound decision and evaluating the effectiveness of the invested resources. It is proved that if the wear index of the overhaul bridge construction is higher than the wear rate of the new bridge construction by λ2 / λ1, and the amount of funds for overhaul reaches 70% of the funds needed to build a new one, it is better to build a new bridge.

scholarly journals Estimation of state financial support for non-priority territorial units using the example of bridge construction

2021 ◽  
Vol 1 (13 (109)) ◽  
pp. 26-34
Author(s):  
Iaroslava Levchenko ◽  
Igor Britchenko
Keyword(s):  
Financial Support ◽  
Research Question ◽  
Practical Interest ◽  
Integrated Approach ◽  
Financial Resources ◽  
Bridge Construction ◽  
State Support ◽  
Public Funds ◽  
Integral Assessment ◽  
High Level

The article discloses the problem of distributing state financial support based on an integrated approach. The study has proved the urgency and necessity of state support for the lowest priority territorial units (regions). It answers the research question of what components need to be included in the methodology for determining state financial support. A comprehensive method for estimating the share of public funds is proposed, taking into account the investment attractiveness of a region (oblast) and the risk of the corresponding region (oblast). To achieve this goal, the following general scientific and special methods and research techniques were used in the work, such as comparative analysis of scientific literature and information sources based on methods of comparison, systematization, and generalization; generalization of the analysis results, as well as logical generation of conclusions and integral assessment. Since the problem of financing the construction and reconstruction of bridges is relevant for a number of countries, this technique was tested using an example of bridge construction. According to the obtained results, territorial units (regions) that are not leaders in priority for the investor and have a high level of riskiness of investing financial resources become eligible for state financial support. The problem of financing such regions can be solved only through state support. The results of calculations show that the distribution of financial resources with the available volume of public finances K=1 allocated for support is carried out proportionally. An integrated approach made it possible to identify 10 territorial units (oblasts) for funding, with the oblasts with the worst priority factors receiving the largest share of state financial support. This study is of practical interest to government agencies in the distribution of public funds, and it is of theoretical importance to researchers dealing with issues of financial security and public administration

Specifics of capital structure management of electronic commerce market leaders

2020 ◽  
Vol 16 (5) ◽  
pp. 905-919
Author(s):  
R.O. Voskanyan
Keyword(s):  
Capital Structure ◽  
Customer Service ◽  
Financial Statements ◽  
Financial Resources ◽  
Ratio Analysis ◽  
Timely Manner ◽  
Aggressive Approach ◽  
Scientific Methods ◽  
General Scientific ◽  
Management Policies

Subject. The article addresses leader companies of the e-commerce market in terms of sales and capitalization, that make their financial statements publicly available. Objectives. The aim is to identify special aspects of capital structure management policies of the largest e-commerce players based on ratio analysis. Methods. The study employs general scientific methods of research. Results. The paper reveals the specifics of capital structure management of the global e-commerce market leaders. The leading companies prefer an aggressive approach to the formation of their capital structure, increasing the volume of borrowed capital in comparison with their equity. The management of companies tries to provide a moderate approach to capital structure management and debt servicing, demonstrating the ability to repay debts in a timely manner. Aggressive capital structure policy is conditioned by specific activities of e-commerce companies, requiring constant search for and attraction of additional financial resources for improving production processes by management. Conclusions. Key players have an aggressive capital structure policy. This feature is necessitated by the need to systematically attract additional financing to expand the business, increase sales volumes, capture and create new markets. E-commerce companies have to constantly improve technology, logistics processes, and render a good and excellent customer service.

scholarly journals Ensuring the financial probability of the united territorial communities in the conditions of decentralization

2020 ◽  
pp. 191-199
Author(s):  
Natalia Yevtushenko ◽  
Vitalina Malyshko ◽  
Yuliia Horodnichenko
Keyword(s):  
Social Services ◽  
Technical Assistance ◽  
Synthesis Method ◽  
Well Being ◽  
Financial Resources ◽  
Territory Quality ◽  
State Budget ◽  
Complex Process ◽  
Analysis And Synthesis ◽  
General Scientific

Subject of research is the sources of funding for the social development of united territorial communities (UTC). The purpose of the article is to determine the prospects and measures to attract financial resources for the development of local communities in a decentralized environment. Methods which were used in course of research: method of system-structural analysis and synthesis, method of comparative analysis, generalization, statistical, general scientific, special methods of scientific knowledge and other research methods. Study results.The article identifies the main obstacles to effective financial support for the development of territorial communities, considers some experience in finding and raising funds for the development of territories, describes the sources of such funds. Measures that will contribute to the investment attractiveness of the territory are analyzed and substantiated. Application of results. The results of the study can be used by the united territorial communities for the formation of financial resources, as well as in higher education institutions in the teaching of economic disciplines. Conclusions. After conducting the research, it should be noted that the process of uniting territorial communities in Ukraine and, consequently, attracting financial resources to their budgets is a rather complex process and therefore requires consolidation of efforts at all levels of government and support from European partners.  Due to the reform of decentralization of management in Ukraine, capable territorial communities should be created that are able to ensure the development of the territory, quality provision of social services and promote the well-being of their residents and Ukraine in general.  It is determined that the main sources of funds for socio-economic development of UTC are: international technical assistance, additional subventions from the state budget to local budgets for the formation of community infrastructure, local taxes from businesses.

scholarly journals Status and Trends in the Development of Financial Support for Social Protection in Ukraine

2021 ◽  
pp. 193-200
Author(s):  
О. Voloshinа ◽  
◽  
M. Kovaleva ◽  
V. Bozhenko ◽  
◽  
...  
Keyword(s):  
Financial Support ◽  
Social Protection ◽  
State Level ◽  
The State ◽  
Financial Resources ◽  
Financial Security ◽  
Social Sphere ◽  
Effective Implementation ◽  
Social Risks ◽  
The Social

The article considers the state and tendencies of development of financial provision of social protection in Ukraine. Modern problems of financing the sphere of social protection of the population in Ukraine are revealed. The importance of understanding the social protection of the population as a system of financial relations necessary to compensate for social risks and ensure social security is substantiated. The essence and features of financial provision of social protection of the population are revealed. The research of directions of budgetary financing of social sphere at the state level is carried out. The financial mechanism of realization of social protection which provides formation of the sources of the financial resources directed on performance of the corresponding programs and actions, and also the substantiated choice of methods, forms and levers of their use is investigated. It is proved that one of the significant obstacles to the effective implementation of social policy in our country is the insufficient level of its financial security in combination with irrational planning, distribution and inefficient use of available financial resources.

scholarly journals Filmmaking and Crowdfunding: A Right Match?

2019 ◽  
Vol 11 (3) ◽  
pp. 799 ◽  
Author(s):  
Mina Fanea-Ivanovici
Keyword(s):  
Sustainable Development ◽  
Financial Support ◽  
Research Method ◽  
Film Industry ◽  
Financial Resources ◽  
Cultural Industries ◽  
Film Production ◽  
Structured Interviews ◽  
Defined Culture

Broadly defined, culture is deemed the fourth pillar of sustainable development and increasing attention is currently being paid to how it can access all potential financial resources. In Europe, film production benefits from public financial support; however, film projects require large amounts of money to be completed and this support may prove insufficient in comparison with the actual need. This raises the question of identifying alternative financial resources that filmmakers could benefit from. Crowdfunding has recently emerged as a funding option for all the creative-cultural industries in general and for film production in particular. However, Romania’s capacity to use this alternative financial source is one of the lowest in Europe. In this context, the aim of the article is to study Romanian filmmakers’ attitudes towards crowdfunding and its perceived suitability for financing film projects. The research method consists in a survey based on self-administered questionnaires and semi-structured interviews with Romanian film producers. Although the largest majority of film producers have not used crowdfunding due to lack of awareness or scepticism, the paper discusses, based on experts’ opinion, how this method can become a viable source of finance for the film industry.

scholarly journals ‘Selfies’ Reveal Systematic Deviations from Known Principles of Photographic Composition

2014 ◽  
Vol 2 (1-2) ◽  
pp. 45-58 ◽  
Author(s):  
Nicola Bruno ◽  
Valentina Gabriele ◽  
Tiziana Tasso ◽  
Marco Bertamini
Keyword(s):  
Golden Ratio ◽  
Test Bed ◽  
Perceptual Preferences ◽  
Ratio Rule

We used ‘selfies’, self-portraits taken with a hand-held smartphone camera, to test three known principles of photographic composition: The rule of thirds, the golden ratio rule, and the eye centering principle. Although they are often taught and discussed, the origin of these principles remains unclear. It is possible that they stem from constraints on human perceptual processes. Alternatively, these principles might serve more practical purposes, such as forcing photographers to explore all quadrants of the image. Selfies provide an ideal test bed for these questions due to the control they give self-photographers when they compose the photograph. We used a database of images created by non-professional photographers (). After analysis, we conclude that there little support for any of the three principles, suggesting that none is strongly rooted in spontaneous perceptual preferences.

scholarly journals The role of the golden proportion in the evaluation of facial esthetics

2013 ◽  
Vol 83 (5) ◽  
pp. 801-808 ◽  
Author(s):  
Alberto Rossetti ◽  
Marcio De Menezes ◽  
Riccardo Rosati ◽  
Virgilio F. Ferrario ◽  
Chiarella Sforza
Keyword(s):  
Golden Ratio ◽  
Three Dimensional ◽  
Human Face ◽  
Healthy Young Adult ◽  
Golden Proportion ◽  
Facial Esthetics ◽  
3D Stereophotogrammetry ◽  
Student’S T ◽  
Facial Anthropometry

ABSTRACT Objective: To demonstrate if one or more golden relationships between different measurements of the human face exist. Materials and Methods: To make our measurements, we used three-dimensional (3D) stereophotogrammetry, which has proved to be the “gold standard” in the field of facial anthropometry. We obtained 3D stereophotogrammetric facial acquisitions of 400 healthy young adult subjects, then had them scored by an Evaluation Jury. Each subject received an esthetic evaluation ranging from 0 to 40. Individuals with a score larger than 28 were considered very attractive (VA), and individuals with a score lower than 12 were considered not attractive (NA). Fifteen subjects per group were chosen by chance, with a final total group of 60 subjects: 15 VA males, 15 NA males, 15 VA females, and 15 NA females. For each subject, a set of facial distances was obtained from the stereophotogrammetric facial reconstruction, and 10 ratios were computed. The effects of sex and attractiveness were tested by analysis of variance. Additionally, Student's t-tests verified if the ratios were statistically different from the golden ratio. Results: For nine ratios, no significant effects of sex or attractiveness were found. Only the eye-mouth distance/height of the mandible ratio was significantly influenced by sex (P  =  .035) and attractiveness (P  =  .032). Seven out of 10 ratios were statistically different from the hypothetical value of 1.618, and only three of them were similar to the golden ratio. Conclusions: Ratios between 3D facial distances were not related to attractiveness. Most of the facial ratios were different from the golden ratio.

scholarly journals Managerial aspects of the agrarian enterprises financial support

2021 ◽  
Vol 915 (1) ◽  
pp. 012012
Author(s):  
N Bieliaieva ◽  
O Yu Sova ◽  
Ye Bobrov ◽  
N Antypenko
Keyword(s):  
Financial Support ◽  
Plant Protection ◽  
Plant Protection Products ◽  
Financial Resources ◽  
Nature Management ◽  
Industrial Complex ◽  
Support Provision ◽  
Agricultural Enterprises ◽  
Main Emphasis ◽  
Production Area

Abstract The article is about formulating a framework of actions for agrarian enterprises financial support provision on the base of researching managerial aspects of its implementation and its connection with nature management sphere. Analysis of the structure of agrarian enterprises financial resources sources proved the fact that the main emphasis of the financial resource’s formation is from their own sources. It is proved that financing the activity of agrarian enterprises is based on the specifics of its functioning and on the basis of it it’s determined evaluation indicators of agricultural enterprises strategic cost management effectiveness with the aim of indicating the structure of their financial resources sources. It is determined implementation impact of using principles of CALS in the agrarian enterprises management system. It is investigated open supply chain platform that covers several areas: financing agro bank; distribution of seeds, plant protection products and fertilizers; purchase of grain; logistics; agrotechnologies; providing IT and financial advice; export sales. Comprehensive assessment of the resource potential of the regional agro-industrial complex is calculated. Obviously, the activity of agrarian enterprises affects not only the production area but also the whole system of economics organization and functioning.

scholarly journals FINANCIAL SUPPORT FOR INNOVATION IN UKRAINE AND OECD COUNTRIES

2017 ◽  
pp. 137-151
Author(s):  
Olena BILOUSOVA
Keyword(s):  
Financial Support ◽  
New Technologies ◽  
Oecd Countries ◽  
Financial Resources ◽  
Gradual Transition ◽  
Tax Legislation ◽  
Use Of Resources ◽  
Support For Innovation ◽  
Fixed Assets ◽  
Accelerated Depreciation

Introduction. Research, development and creation of innovation as a prerequisite for a gradual transition to the fourth industrial revolution will require significant financial resources. Deficit of free public and private capital, the existence of potential risks of innovation make it difficult to attract resources for innovation and investment projects. Purpose. Identify financial support for innovation, causes inefficient investment generalize the experience of the developed of OECD countries, outline ways to improve tax legislation in Ukraine. Results. The main results of the study. In the period of 2011–2015. The main source of financing innovations were the resources of enterprises, as well as significantly reduced funding from the budget, foreign investments and other sources. Revealed that the fiscal stimulus, including the application of the tax legislation accelerated depreciation of fixed assets – not intensified investment and innovation processes. Financial resources are concentrated on providing ongoing activities, rather than on upgrading technology to the level of new technological structures. Research experience providing financial innovation in developed OECD countries and Vietnam showed that the structure of sources of financial support is of secondary importance compared to the volume of financing, the ability to attract resources for co-financing of state enterprises, financial institutions, innovation funds; the use of innovative financial instruments to attract resources. Conclusion. The process of financial support innovation offered to restore fiscal incentives to new conditions – to achieve efficiency innovation (creating an innovative product, the introduction of innovative new technologies, innovative renewal of fixed assets, etc.), targeted use of resources from the use of tax incentives and methods for accelerated depreciation.

scholarly journals FINANCIAL SUPPORT OF ENTERPRISES IN THE CONTEXT OF THE MECHANISM OF THEIR EFFECTIVE FUNCTIONING

2020 ◽  
pp. 132-139
Author(s):  
Tetyana Karpova
Keyword(s):  
Development Strategy ◽  
Financial Support ◽  
Financial Resources ◽  
Conceptual Approach ◽  
Scientific Methods ◽  
Effective Functioning ◽  
Analysis And Synthesis ◽  
Operational Activities ◽  
Resource Support ◽  
Constituent Elements

Introduction. In today conditions of uncertainty businesses face the problem of finding tools to maintain their positions, to ensure stable, continuous, efficient activity. In achieving the efficiency of activity an important function is performed by financial support, which plays an exceptional role both in the implementation of operational activities and in the implementation of investments according to the development strategy of the enterprise. Given this, it is necessary to develop the system of mechanisms of enterprise financial resources formation on the conceptual approach providing its effective functioning. Purpose. Development of mechanisms of enterprise financial resources formation in the context of their effective functioning based on the conceptual approach, which includes principles, objectives, tasks and directly mechanisms of financial provision management of the enterprise. Method (methodology). It is used general scientific methods, in particular, the analysis and synthesis, the method of modeling, graphic method. Results. The article investigates groups of financial resources formation sources. As a result, on the basis of the conceptual approach, the system of mechanisms has been developed: the mechanism of management of own financial resources formation, the mechanism of mobilization of enterprise financial resources from borrowed sources. Because the formation approach of financial security should be balanced, with an optimal combination of own and borrowed funds, mechanisms are developed as constituent elements of the concept of improving the management of financial support of the enterprise. Its main goal is defined: ensuring effective management decisions to attract sufficient financial resources to maximize profits and increase the market value of the enterprise. The article proposes a division of internal factors of production development into three groups: factors of resource support of production, factors that ensure the desired level of economic and technical development of the company, factors that ensure the commercial efficiency of industrial and economic activity of the enterprise. The direction of further research is determined by the development of methods for assessing the effectiveness of financial support for enterprise development.

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