Strategic Assessment of the Efficiency of Diversification of the Industry Investment Portfolio

One of the effective special tools used to achieve the least risk and sustainable income of investment in enterprises is the investment portfolio. At the same time, one of the simplest and most effective strategies to minimize investor risk is its diversification.The article presents the results of the performed strategic financial analysis of the effectiveness of diversification of the formed sectoral investment portfolio using the example of large enterprises of the metallurgical industry. The choice of industry was determined by the fact that metallurgy is one of the fastest growing industries in the world economy.The article analyzes the strategic development trends of the metallurgical industry and considers the three largest companies in this industry (“MMK”, “Severstal”, “NLMK”). Their activity was analyzed in dynamics based on financial reporting data presented on company websites.Comparative analysis was carried out on such indicators of financial analysis as current liquidity ratios, equity and financial leverage concentration ratios, as well as interest-to-payment ratios, turnover of reserves and funds in turnover, profitability of the companies under consideration.In the resulting formation of the investment portfolio, correlation coefficients between the returns of the shares of these companies were calculated. It was established that the financial situation, as well as the low correlation coefficient between the assets of the reviewed companies, allow us to form from their shares an industry investment portfolio that minimizes the risks of a potential investor.

Beyond the Socio-Economic Impact of Transport Megaprojects

For more than two decades, scholars have been escalating asymmetric information issues in megaproject management linking them to enhanced public debt concerns. Most megaprojects turn out to be a burden on economy when constructions are completed. Authorities, meanwhile, continue to promote the advancement of megaprojects with overly optimistic public messages on expected socio-economic benefits. A combination of expertise in the topic, in-depth literature analysis, independent cost-benefit reassessment, and empirical survey of related documentation of three EU transport megaprojects shows political implications to be the essential causes of information asymmetries in megaproject management. Socio-economic over-estimations imply to be useful for obtaining and securing funding commitments at the political level, but then the real project value is often omitted from the assessment. This work takes a wider, strategic approach beyond the usual socio-economic reasoning. The article argues that socio-economic assessment practice is too narrow to grasp the full potential impact of a megaproject. Therefore, a strategic assessment should be performed by public authorities along with an appropriate funding mechanism. This work contributes to science by suggesting a direction to more constructive discussions between scholars and politicians that could lead to more effective future decisions on the overall sustainability of economies.

Strategic assessment of the ecological condition of the regions in the context of innovative development

Within the article, it is examined the dynamics of the integrated index of innovative development of the regions of Ukraine. It is proved that during the studied period there is no region that would have a constant positive trend for eight years. The authors argue that the main conditions for sustainable development of the regions are environmental protection, rational use of natural resources and environmental safety of human life. The integrated index of ecological development of the regions of Ukraine is calculated. Visualization of the dynamics of the values of the index of ecological development of the regions of Ukraine makes it possible to visually assess the asymmetry of ecological development of the regions. This strategic study can serve as a basis for further research to predict dynamic changes in the environment.

REVISITING THE US-CHINA TRADE WAR: A STRATEGIC ASSESSMENT

The relations among United States of America and People’s Republic of China have historically survived several bouts and rounds however the approach employed by the Trump Administration for a program involving reprisal hefty tariff-trade war against China has given a new face to the bilateral relations between the two states. The paper demonstrates that domestic and international agents played a vital role in initiating and nurturing the trade clash between Washington and Beijing since 2018 to date. The aim of the study is to ascertain that how the political climate and past pursuits of one country conditions policy outcomes in another, and how domestic political pressures on politician’s conditions their relations with foreign counterparts. The paradigm of rational choice theory is adopted to provide a conceptual understanding to the triggering of the trade war between the economic giants.

STRATEGI PELESTARIAN BUDAYA LOKAL SEBAGAI UPAYA PENGEMBANGAN PARIWISATA BUDAYA (SEBAUAH ANALISIS TEORITIS)

This research aims to analyze the strategy of preserving local culture to develop cultural tourism. This study is a form of strategic assessment effort to find solutions in the development of tourist destinations, especially cultural tourism. This study used the literature review method by collecting several references from previous research related to tourism development and preservation strategies. From the results of the analysis, it was found that one form of strategy that needs to be done is a marketing strategy to increase the number of tourist visits by creating a branding of cultural tourist attractions as a quality tourist attraction, maintaining the culture or customs and characteristics of local communities, conducting promotions via the internet or through the internet. brochures to introduce cultural tourist attractions to be better known by tourists, as well as build an image of tourist attractions to fix problems that result in a decreased number of visits