Theoretical and Practical Approaches in Understanding the Influences of Cost-Productivity-Profit Trinomial in Contemporary Enterprises

Author(s):  
Andrei Jean-Vasile ◽  
Alexandra Alecu

Enterprise sustainability depends on the economic performance. Achieving the economic performance is the main goal of every company since the beginnings. The instability of the economic environment imposes finding new paradigms in valuing the business opportunities. In this context, analyzing the influences of cost productivity profit trinomial in the contemporary enterprises represents an important step in identifying the potential growth avenues of the financial results. From this perspective, the chapter contains along the theoretical approaches regarding the sustainable entrepreneurship and investments paradigm in the green economy, an economic analysis of the main economic outcomes, in order to revile, both the competitive factors and risks assumptions for modern companies in the larger context of market globalization and integration. Also, this chapter aims to revile the evolution of the main factors which influences the economic performances in case of a real Romanian company during and post crisis period.

2014 ◽  
Vol 1073-1076 ◽  
pp. 2669-2674
Author(s):  
Wu Bin Sun ◽  
Zhou Yu Wang

Based on the perspective of green economy and FDI competition, this article establishes revenue matrix game, resolves game revenue function between stakeholders, by defining the performance of environmental regulation stakeholders variable. The results show that in the light of heavy economic performance as the target function, the local government has to relax the environment regulation as the means to fight the mobility factor motivation . In addition, the local government’s environmental regulation will actively promote enterprise technological innovation to improve the performance of environmental regulation.


Author(s):  
Oksana Klymenko ◽  
Svitlana Mala

Relevance of research topic. The global economic trend is characterized by the “greening” of investment processes in order to ensure sustainable development. One of the instruments of attracting green investments in the economy is green bonds. In this regard, there is a need to create and operate a green bond market in Ukraine. Formulation of the problem. Ukraine has joined the global institutions promoting sustainable development and has declared the transition to a “green” economy, so analysis of foreign experience is needed to develop recommendations to a regulatory framework that will help solve the problem of attracting “green” investments in the Ukrainian economy. Analysis of recent research and publications. Among scientists and practitioners dealing with the problems of green investments, we should mention O. Veklic, Y. Podvisotsky, K. Markevich, M. Grityshina, A. Frolov. Selection of unexplored parts of the general problem. The issue of using green bonds to finance environmental projects in Ukraine remains poorly understood. Setting the task, the purpose of the study. The purpose of the study is to analyze the global trends in the green bond market and to develop recommendations for using this type of bond to finance environmental projects in Ukraine. Method or methodology for conducting research.  The theoretical basis of the study is the dialectical method of cognition and a comprehensive approach to the study of economic processes in the financial sphere. The following special methods of research were used: historical and economic analysis; statistical and economic analysis; abstract-logical analysis; graphic methods. Presentation of the main material (results of work). The article reveals the positive dynamics of the global green bond market development, and determines that this type of investment is an important segment for Ukraine, which is a member of the world institutions for sustainable development. The state of the regulatory framework in Ukraine, which regulates the circulation of green bonds, is considered. The concept of introduction and development of the green bond market in Ukraine is recommended. The field of application of results. The results of the study can be used in the national financial system. Conclusions according to the article. Analysis of the global market for green bonds has led to the conclusion that this financial segment is characterized by a progressive and positive development. Green bonds have created a new way of attracting investors to green assets, the advantage of which is that investors are involved in the issue of these financial instruments, which put environmental responsibility first. Creating a market for green bonds in Ukraine will allow us to accumulate and direct financial flows for the development and financing of domestic green projects.


2017 ◽  
pp. 1605-1624
Author(s):  
Seda Yıldırım ◽  
Durmuş Çağrı Yıldırım ◽  
Ayfer Gedikli

Nowadays, sustainable growth and development are main economic policies for the countries all over the world. Decreasing natural resources, deepening environmental pollution and global warming problems are red alert of our planet. Every single country on the earth has the responsibility to protect our planet. So, increasing environmental awareness caused new tendencies in consumer behaviors. Countries aim not to pollute or harm the environment while improving their economic performance and life quality by green economy. Besides, by sustainable consumption, it is aimed to support personal sustainable development. In this context, sustainable consumption trends and the reflections of green economy applications in the world will be discussed in this chapter. In addition, developed countries and developing countries will be compared with each other through results of global ecological footprint.


2022 ◽  
pp. 257-279
Author(s):  
Árpád Ferenc Papp-Váry ◽  
Tímea Zsófia Tóth

The Hungarian film industry has undergone a huge change recently, becoming a pull sector and repositioning the country in Europe. The economic performance of Budapest's film industry is growing steadily, which has also been facilitated by the strategic steps of recent years, making the capital a key player on the film map of Europe. In the case of Budapest, the diversity of the city is clearly outlined, as it primarily serves as a backdrop for various film productions. Using primary and secondary sources, the research focuses on the supply elements of film tourism in Budapest and the changes in the economic environment affecting the film industry. In the analysis, different types of film tourism are explored through interviews with the actors of film tourism. The research seeks to highlight factors that can boost film tourism in Budapest and make the city even more prominent on the film map of Europe.


2020 ◽  
Vol 7 (1) ◽  
pp. 150-162
Author(s):  
Oleg Odintsov ◽  
Tetiana Yevtukhova ◽  
Elina Vasylkonova ◽  
Valentyna Kunchenko-Kharchenko

The condition of the effective development of agricultural enterprises in Ukraine is to increase the efficiency of using resource potential. At the same time, it is necessary to take into account the main factors of the development, including the tax burden on the industry. Therefore, it is important to study the impact of the tax burden on the economic performance of the agricultural enterprises. The article deals with the improvement of the traditional two-factor production function of the Cobb-Douglas through the inclusion of the additional factors. The four-factorial production-institutional function of agricultural enterprises in Ukraine has been constructed allowing to calculate econometric parameters and to evaluate the functioning of the industry. The patterns of the interaction of tax burden and economic growth agricultural enterprises in Ukraine are revealed.  The calculated econometric parameters of the functioning of agricultural enterprises in Ukraine made it possible to determine the tax loadings points Laffer's of the first and second orders, the productivity of each factor, and the phased replacement of one factor to another. It has been proved that optimizing the tax burden on agricultural enterprises makes it possible to direct the resource potential to increase the agricultural volumes production and increase tax revenues from the industry.


2020 ◽  
Vol 1 (4) ◽  
pp. 37-47
Author(s):  
Leonid Debunov ◽  
Aleksandr Yakovenko

Construction of a model for predicting the bankruptcy of the enterprise is an urgent and popular task. Using this model will provide an opportunity to make quick and accurate assessment of financial sustainability, predict possible bankruptcy advance and take the necessary action to avoid it. Obviously, bankruptcy can occur both under the influence of internal factors (in particular, financial management errors) and when the economic environment changes. The inclusion of all possible en-vironmental factors influencing into the model is a difficult task and causes an over-load of such a model with a large number of input signals. A more realistic option is to build a model using internal financial indicators only, but under a relatively con-stant external environment. The subject of the study described in the article is the general homogeneity of the Ukrainian economy over time in the context of the possibility of using companies’ reports for these periods to build a neural network model of financial sustainability of enterprises using only internal financial indicators. To separate stable periods from unstable ones, a review of the dynamics of macroeconomic indicators of Ukraine for the period 2010–2019 is used. Graphical analysis of the dynamics of macroeconomic indicators is used as a methodology. The purpose of this study is to identify periods of Ukraine’s economy, the conditions of which are quite stable to take reports of enterprises of these periods for a dataset formation. The article considers the dynamics of the following indicators of Ukraine’s economy: gross domestic product, hryvnia exchange rate, employment, consumer price index, total net profit (loss) of enterprises by size of enterprises, levels of profitability of operating activities, foreign trade indicators by geographical areas (imports and exports of goods and services) etc. The study pays special attention to the economic crisis of 2014–2015 and to changes in the economic environment, which distinguish the conditions before and after the crisis. The main conclusions of the article are the recognition of the existence of crisis phenomena in the period 2014–2015 and the recognition of the difference between the post-crisis period and the pre-crisis period. In order to build an up-to-date model of financial sustainability, it is recommended to use report data for periods not earlier than 2016.


2019 ◽  
Vol 9 (3) ◽  
pp. 113-125 ◽  
Author(s):  
Tatiana Ya. VAVILOVA

The problem of inconsistency of the life-forming environment and global trends forming algorithms in Russia is considered. Attention focused on taking into account the goals of a "green" economy and the tasks of improving the quality of life while regulating the parameters of urban planning and architectural decisions. The newest foreign concepts of ecologization had been study as an object of research. The subject of the research were theoretical approaches and innovative applied technologies that contribute to adapting the methods of architectural and town planning activities to changing environmental conditions. Identification of new ways to improve the consumer properties of the living environment has become the goal of the study. Materials and methods: an integrated approach, collection of information from literary and online sources, compilation and analysis of thematic materials. The basic information about theoretical developments discovered in domestic and foreign scientific journals. They are present on the Russian portal E-library and on ScienceDirect - the Elsevier's multidisciplinary platform. Some aspects were refined according to the information that posted on the websites of electronic libraries of a number of foreign universities and specialized research institutions. Results. Brief description of such foreign concepts as "environmental design", "appropriate technology", "life cycle assessment", "Cradle to Cradle", "lean manufacturing", "upcycling", "planned obsolescence" and "regenerative design" prepared. Analysis of publications showed that the most popular topic is the need for resource conservation. Active laboratory research, transition to BIM-technologies, economic incentive mechanisms and active popularization contribute to the introduction of innovative resource-saving developments in practice. Conclusions. Currently, various aspects of the "green" economy considered in the natural Sciences, engineering, Humanities and Economics. One of the most important tasks of the modern stage of development of urban planning and architecture in Russia is the introduction into practice of design and construction of modern technologies corresponding to the tasks of the "green" economy. In this regard, the actual direction of science researches, which are associated with the optimization of urban planning, architectural and engineering solutions, is the synchronization of the field of sectoral problems with the key issues of sustainable development.


Author(s):  
Elock Emvula Shikalepo

Sustainable entrepreneurial skills are vital for the promotion of economic and social progress for both developed and developing societies. Hence, Technical, Vocational Education and Training (TVET) trainees needs adequate entrepreneurial exposure to become artisans who can satisfy the current and future market demands. Traditionally, TVET curricula has been preparing trainees to answer the question: where can I get employed after my training? However, contemporary curricula should now seek to prepare trainees who can equally answer the question: how can I become an innovator of business opportunities after my training? The former is proficient with occupational skills, but deficient of entrepreneurial ambitions, and should thus be consolidated with the latter to promote entrepreneurship and innovation. TVET curricula should not only seek to equip trainees with occupational skills and attitudes for seeking employment, but also with entrepreneurial capabilities for turning their occupational skills into feasible, viable and sustainable industrial entities. Therefore, TVET stakeholders should map out an appropriate model for ensuring successful integration of entrepreneurial education at every stage of the vocational education and training, to subsequently graduate committed and skilled artisans who are business-minded. This concept paper explained a model whose implementation could realise sustainable entrepreneurship and innovation among TVET graduates in Namibia.


Author(s):  
Maria KOUSOYLA ◽  
Stella BRAKATSOULA ◽  
Christina NIKAKI ◽  
Dimitrios BILALIS ◽  
Alexandros TATARIDAS ◽  
...  

Even though Delta-9-tetrahydrocannabinol (THC) is a psychoactive substance, studies indicate that it has therapeutic properties. Moreover, the modification in Greece legislation regarding the legalization of cannabis has resulted in new business opportunities for medical-cannabis related companies. This study aimed to evaluate whether different greenhouse cover materials affect THC yield and propose a business plan for any potential medical-cannabis related company in Greece. A greenhouse experiment was conducted in order to evaluate the effect of different plastic cover films in greenhouses for the cultivation of Cannabis sativa. Furthermore, the economic viability of a potential medical-cannabis related business in Greece was evaluated based upon a financial analysis. Yields were increased in greenhouses with double plastic cover materials (compared to the control). According to the results of our comparative economic analysis the production of medical cannabis in greenhouses constructed with double layered cover materials would significantly increase profits. Finally, greenhouse medical-cannabis production is much promising in Greece. Nevertheless, the use of appropriate greenhouse cover materials should be considered as they affect THC yield and therefore, the profit of the company.


2021 ◽  
Author(s):  
Oksana Ovdiienko

The article is devoted to main theoretical and practical questions concerning “green” investments in logistics infrastructure objects. This type of investments has certain peculiarities as it deals with the sphere which is related to any kind of business and human’s activity. Logistic infrastructure forms mobility. But no significant change in a separate facility will not give a significant result without a support to the relevant network and the highest intellectual level of its use. Planning of logistic infrastructure should be performed in such way that the positive effect on economic growth was maximal, and the negative impact on the environment is minimal. Thant’s why improving logistics infrastructure facilitates achieving sustainable goals as it works simultaneously for economic, environmental and social development. Thus it is extremely important to implement such tool from “green” economy concept as “green” investments towards logistics infrastructure objects. There were analyzed different theoretical approaches to the definition of “green” investments in the paper. The result of deep research of worlds’ best practical trends for “green” investing in logistics infrastructure objects is provided. There studied separately mentioned tendencies for all subtypes of hard logistics infrastructure: transport (electrification of vehicles, low-carbon transport systems, sustainable fuels), warehouse (automation, distribution centers decentralization, energy-efficient equipment and construction), packaging (suitable for processing packaging materials, moving from plastic to more environmental types of packaging), information infrastructure (energy-efficient servers, cloud computing, reducing the number of toxic materials and water required for the production of electronic devices), customs (The Green Customs Initiative), social (smart containers, automated food waste tracking systems and automated technologies of optical scanning). Also were studied main instruments to attract necessary finance support for “green” investments and analyzed ways how to implement them in Ukrainian market with its peculiarities.


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