ASPECTS OF USING CYBERSPACE FOR CORPORATE MANAGEMENT SYSTEMS

Даны определение термина «киберпространство» и описательное представление киберпространства как пространства. Проведено сравнение свойств физического пространства и киберпространства,а также системы связи и киберпространства. Выделены ключевые отличия киберпространства от систем связи. Рассмотрена роль киберпространства в предоставлении услуг корпоративным системам управления. Показано, что использование результатов исследования в совокупности со структурно-функциональной моделью киберпространства позволит разработать его аналитико-имитационную модель. A definition of the term "cyberspace" and a descriptive representation of cyberspace as a space are given. A comparison of the properties of physical space and cyberspace, as well as the communication system and cyberspace, is given. Key differences between cyberspace and communication systems are highlighted. The role of cyberspace in providing services to corporate management systems is considered. It is shown that the use of the results of the study in conjunction with the structural and functional model of cyberspace will allow to develop its analytical and simulation model. CYBERSPACE, INFORMATION SERVICES, COMMUNICATIONS SYSTEM, CORPORATE MANAGEMENT SYSTEM

THE EFFECT OF INTEGRATED REPORTING IN ENHANCING THE QUALITY OF ACCOUNTING INFORMATION (A SURVEY OF THE OPINIONS OF A SAMPLE OF IRAQI ACADEMICS AND PROFESSIONALS)

In view of recent economic developments and the fact that accounting information is important in guiding and rationalizing decisions for decision makers,there is a gap in information provided by economic entities,which means that the financial statements of these entities alone are inadequate for the intended purpose of the user of information.To keep abreast of these economic developments ,methods that help the accounting information user make the right decision,such as so-called integrated reporting,have emerged.Integrated reporting is seen as a means of integrating financial,social and governance information into a single report,which aims to inform shareholders about the strategies of the organization and risks and provide an understandable report of financial and sustainable performance while providing a comprehensive vision around the organization.This research therefore came to address a pattern of challenges and to provide some persuasion in the corporate management system as to the benefits or positive answers that can be provided by full reporting at the company level,through its benefits that enhance the transparency,quality and completeness of the information according to the structure of the integrated reports.

Opportunities for project financing in the development of the country’s infrastructure

The article considers project financing as an investment tool for financing infrastructure projects since recently this approach is quite relevant in Russia. The analysis revealed both the strengths for the development of project financing and the factors constraining its application. In the research, the author identified some problems connected with the participants of project financing as well as with the use of debt instruments. In project financing, the key role is played by the generated cash flow. An important condition for its compliance with forecast parameters is not only the improvement of the corporate management system but also the creation of a satisfactory system for monitoring and operational control over the implementation of projects through the optimization of all processes. It is also important to improve the system of benefits and guarantees for investment projects using project financing The article formulates measures, the adoption of which can contribute to wider and more effective use of project financing for implementing infrastructure projects.

Problems and Prospects of the Development of Corporate Management in Ukraine

The publication is aimed at clarifying the essence of corporate management, studying the peculiarities of the formation of the corporate sector in Ukraine, researching existing problems and outlining promising ways for the development of the corporate management system. The author considers approaches to defining the concept of «corporate management». The article clarifies the role of the corporate management system in the national economy and the peculiarities of the formation of the corporate sector in our country, the basis of which is the inefficient structure of shareholders’ property, the presence of a large number of shares owned by the State and the need to solve the problem of managing the State-owned corporate rights, as well as a powerful tax burden. On the basis of the considered peculiarities of two corporate management systems: insider, in which the property is concentrated in the hands of several persons who own significant shares of corporate property, and outsider, in which joint-stock ownership is sufficiently dispersed, the Ukrainian model of corporate management is substantiated, which at the present stadium is at the stage of its formation and combines elements of both the first and second systems. It is emphasized that, despite the significant problems of modern corporations, they are able to ensure the highest production efficiency, which can be an impetus for the economic progress of our country. Concrete measures have been proposed to improve the functioning of the corporate sector of the Ukrainian economy, in particular: effective regulatory framework; bringing the internal provisions in force at the level of joint stock companies in accordance with the norms of the current legislation; increasing the competitiveness of the Ukrainian stock market; transformation of the State as the owner of shares into an effective shareholder through the creation of a proper system of the State regulation of the capital market; unshadowing of the corporate sector in order to improve the information disclosure procedure; improvement of the organizational and management structure of joint stock companies through a clear distribution of power, responsibility and accountability; optimization of dividend policy; effective management of corporations; improving the level of corporate culture; formation of an effective corporate control system.

Peculiarities of strategic activity of corporations in the conditions of digital economy

This article examines the processes of formation of financial strategy within the system of corporate management in the conditions of digitalization. Implementation of digital technologies in all spheres of life opens new opportunities for socioeconomic development of the companies. In the nearest future, scientific research in the sphere of digital economy will be especially relevant due to heightened risk of being in arrears of global trends. Rapid changes taking place in engineering, technology, and organization of production increase the importance of corporate financial management. The digital age changes the traditional models of sectoral markets, enhances competitiveness between  the participants of economic processes. The theoretical and methodological framework of this research contains the works of economists on the problems of finances, financial management, and planning. The subject of this research is the combination of economic, organizational and management relations developed in the process of strategic activity of corporations in the conditions of digital economy. Enterprises that are adapted to modern economic conditions set new priorities in the process of formation of management models: the role of fixed assets decreases, while intangible assets and information become the key business engines. The effectiveness of management decisions, and thus, the effective functioning of the enterprise overall depends on the availability of accurate, timely and exhaustive information. Prompt responsiveness to the changes of external environment is the primary factor for ensuring effective management of the economic entity. The novelty of this research lies consists in the original concept of corporate financial strategic planning in digital economy in the context of the corporate management system of the industrial enterprise.

Some issues to be solved in increasing the efficiency of enterprises through the informational corporate management system

The article lists the main reasons leading to the decline in productivity and bankruptcy of industrial enterprises. These include: moral and physical obsolescence, high power consumption and equipment dimensions; low intellectual level of workers and employees; incomplete automation of equipment and their non-centralized management. The necessary tasks to be solved, leading to an increase in the productivity of industrial enterprises, are given: providing industrial enterprises with modern automated intelligent equipment, organizing communication of automated intelligent equipment with information telecommunication systems, with a central dispatch center and another Instead, the necessity of applying the innovative international standard MRP / ERP system, dedicated to the planning of production processes, is given, the functions and advantages of the systems included in these systems are given.

Management accounting as an element of the corporate management system, problems of its organization in economic entities

The article describes the procedure and main problems of organizing management accounting in the general corporate management system of the economic entity, such as: low level of effectiveness of planning (budgeting) mechanism or its absence; little information from the cost accounting system; lack of well-established system for managing the activities of the economic entity as a whole and its separate structural divisions; lack of a mechanism for assessing the profitability of activities, etc.

Corporate Governance and Internationalization in Japanese Brewing Companies

This study explores the relationship between Japanese corporate governance and internationalization strategy by looking at the cases of Suntory and Kirin Breweries. It examines the internationalization activities of the two companies from 1980 to 2015. We find that executing an international strategy can impact the corporate governance of Japanese brewers, especially where the brewer already had pre-existing diversity in its management system. We argue that absorptive capacity allows the brewing company to transform its corporate governance on the basis of its internationalization. Our analysis also suggests that rejuvenation of the firms’ corporate management system can be a motive for expanding abroad in the brewing sector, something that has not been identified in prior research.

Specifics of strategic financial planning of enterprise activity in the digital economy

Subject. The article investigates the specifics of strategic financial planning of enterprise operations in conditions of digitalization processes, as well as the introduction of advanced technologies in all spheres of social and economic life. It determines unique opportunities for company development in the international market. Objectives. The study aims at reviewing a set of economic relations and problems emerging in the process of strategic financial planning of enterprise performance in the digital economy, and developing recommendations to improve the financial strategic planning of economic entities. Methods. We employ methods of economic analysis and synthesis, and comparison. The paper rests on works by academic economists on the problems of finance, financial management, and planning. Results. We investigated the most important features and problems of strategic financial planning of enterprises in the digital economy, and how the digital era increases the level of competition of participants for economic dominance. Identified features of financial strategic planning of the corporation's activities in the digital economy are recommended for use in the corporate management system of an industrial enterprise. Conclusions. Improving the strategic management process is a stage of transformations in the digital economy. Enterprises create new priorities through using management models. At the same time, the role of fixed assets is reduced, and intangible assets and information accelerate the business. The effectiveness of company operations is often determined by the availability of accurate and timely information that reflects the necessary aspects of financial and economic practice.

ANALISIS PENERAPAN SISTEM MANAJEMEN KESELAMATAN DAN KESEHATAN KERJA (SMK3)

Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3) adalah bagian dari sistem manajemen perusahaan secara keseluruhan dalam rangka pengendalian risiko yang berkaitan dengan kegiatan kerja guna terciptanya tempat kerja yang aman, efisien dan produktif. Dikeluarkan PP RI Nomor 50 Tahun 2012 tentang Penerapan Sistem Manajeman Keselamatan dan Kesehatan Kerja, pasal 5 UU tersebut mewajibkan setiap perusahaan menerapkan SMK3 di perusahaanya, berlaku bagi perusahaan yang mempekerjakan pekerja/buruh paling sedikit 100 (seratus) orang atau mempunyai tingkat potensi bahaya tinggi. Tujuan penelitian ini adalah untuk mengetahui analisis penerapan Sitem Manajemen Keselamatan dan Kesehatan Kerja (SMK3) di PT Japfa Comfeed Indonesia Tbk Unit Cirebon Tahun 2016. Jenis penelitian yang digunakan adalah kualitatif dengan metode penelitian studi kasus, teknik pengambilan sampel menggunakan purposive sampling dan Snowball Sampling dengan sampel yaitu Kepala Unit, Kepala seksi K3LH, Ka.Sub.Dept. Teknik, Operator IPAL dan Personil Security, pengumpulan data dengan cara wawancara mendalam sedangkan instrumen yang digunakan berupa kuesioner, lembar chek list serta dokumentasi dan recorder. Hasil penelitian ini adalah secara umum penerapan SMK3 di PT Japfa Comfeed Indonesia Tbk Unit Cirebon hampir semua kriteria terpenuhi namun ada beberapa kriteria yang belum terpenuhi. Penerapan penetapan kebijakan K3, penerapan perencanaan K3, penerapan pelaksanaan rencana K3 hampir semua kriteria terpenuhi namun ada beberapa kriteria yang belum terpenuhi dan pemantauan dan evaluasi kinerja K3 sudah terpenuhi semua.Kata kunci : Analisis, Penerapan SMK3 ABSTRACTOccupational Health and Safety Management System are part of corporate management system as a whole in order to operation run the risk that gets bearing with utilised job activity most composes safe workshop it, efficient and productive. Issued by PP RI Number 50 Years 2012 about Manajeman's System Implement safety and job healths, section 5 UU that makes compulsory one each company apply SMK3 at company, apply to firm that employ employ / least labour 100 (a hundred) person or has tall lurching potency zoom. To the effect this research is subject to be knowanalisis is Sitem's implement Occupational Health and Safety Management System at PT Japfa Comfeed Indonesian Tbk Unit Cirebon Year 2016 .Observational type that is utilized is kualitatif by methodics case study research, its sample utilizes purposive is sampling and Snowball Sampling which is Section Head K3LH, Ka.Sub.Dept is Tech, WWTP Operator and Security Personnel data collection by way of depth interviews while the instrument used a questionnaire, sheet chekc list documentation and recorder. The results of this study are in general application SMK3 in PT Japfa Comfeed Indonesian Tbk Unit Cirebon almost all the criteria are met, but there are several criteria that have not been fulfilled. Implementation of the policy-setting K3, K3 planning application, the application of the implementation plan K3 almost all the criteria are met, but there are several criteria that have not been fulfilled, and the monitoring and evaluation of the performance of the K3 has fulfilled all.Key words : Analisis, The Application Of SMK3