A new approach for watermarking products with the buyer’s name to prevent fraud

Due to the fast development in E-commerce and E-payment fraud has become one of the most serious problems. Therefore, most of the international companies invented their own watermark so as to maintain these companies to aqueous brands from forgery and tried to find different ways to preserve it. In this paper a proposed method was suggested that aims to develop a code name for the buyer using one of the watermarking techniques to allow the buyer to certify the source of purchases before payment.

Formation of the Business Model of Crypto Asset Management

Modern economic research of the market for distributed ledgers and blockchain technologies shows that both the nature of the stage of its development and the implemented measures to ensure security with digital technologies of the corresponding industry specificity to verify the information provided to users of financial statements continue to be controversial. In this regard, when discussing cryptocurrencies and blockchain technology, it is necessary to consolidate the terminology at the legislative level, which can be used in the same manner by state administrations, as well as by international companies. In turn, when forming accounting policies by international companies that carry out operations with cryptocurrency, it is important to take into account the current interpretations of the Committee on Interpretations of International Financial Reporting Standards. At the same time, some practical issues cannot be resolved unambiguously due to the discrepancy between the economic essence of crypto assets and other types of objects. Despite the multiple similarities in their classification, as well as the subsequent reassessment in the format of the current standards, the greatest difficulty is raised by questions about the reliability of the information provided for users of financial statements and top management for managing the company's business processes, managing the value of companies and financial reporting architecture. Based on the results of the study, the authors propose a promising engineering business model for managing the value of crypto assets, built on the basis of the current provisions of IFRS.

Voluntary and compulsory integrated reporting: Evidence on reporting quality

This study investigates the quality of Integrated Report (IR) in the voluntary and compulsory setting. This study's first objective is to measure IR disclosure quality and assess whether companies comply with the 2013 IR framework. The second objective is to examine whether there is any difference in reporting quality between the IR's compulsory regime and voluntary regime. A sample of 120 international companies listed on the International Integrated Reporting Council (IIRC) websites throughout three years (2014-2016) is selected based on the availability of all data for the analysis. A Total Integrated Reporting Disclosure Quality (TIRDQ) index is self-constructed through quantitative content analysis. The finding shows that the quality of IR improved from the year 2014 to 2016. There is no significant difference in the reporting quality between mandatory and voluntary IR. The findings have implications for policy setters who have mandated or are considering mandating IR.

Planning and perspective: promoting international companies in the Russian market

The modern market as a sphere of commodity exchange is dynamic, extremely unstable and extremely demanding on companies. The Russian ice cream market is no exception. Due to its maturity and modest growth in consumption, it is on the verge of structural change. Medium-sized manufacturers are more active and strive to take leading positions, niche companies, which promptly respond to the latest trends, are taking increasingly strong positions.

Risk of Investment in Cryptocurrencies

Subject and purpose of work: Cryptocurrencies are a phenomenon that has been strengthening its place in the world of finance for over ten years and which is becoming a frequent investment tool. The aim of this study is to compare the level of risk measures of investments in the cryptocurrency market with investments in global capital markets in 2011-2020. Materials and methods: The study used the quotations of the analysed instruments. The level of risk was estimated using standard deviation and semi-standard deviation of daily logarithmic rates of return. Results: Investment in cryptocurrencies is more risky than in shares of the largest international companies. The level of risk decreases with the duration of the cryptocurrency presence on the market. Conclusions: Achieving extraordinary rates of return generates an increased demand and volatility of cryptocurrencies’ quotations. The level of risk of investing in cryptocurrencies is much higher than in the indexes of global capital exchanges.

Arising Problems in Managing Virtual Project: Research on International Virtual Project Team Leaders

Although the prevalence of project teams in international organizations is growing rapidly, while influencing the governance of organizations at the global, regional, and local levels, the response of organizations to such changes has been slower, according to authors A. I. Mockaitis, L. Zander, and H. De Cieri (2018). Organizations need to look at virtual project team development opportunities, methods, tools to learn to work in a multicultural space. The uptake of improvement opportunities for organizations would have a positive impact on many aspects like competition, efficiency, and reputation. In this context, it is important to analyse and research the uniqueness of virtual project teams and the problems arising in the management of these teams, because in the international business environment, the operation of these teams is a necessary condition for business to operate effectively. The article analyses the emerging problems in virtual project team management in international companies. A theoretical overview of possible problems in managing virtual project teams is presented, the results of the performed qualitative research are presented. During the research, managers working in international companies who lead a virtual project team were interviewed using the qualitative research method. The study was conducted in 2019-2020 and involved 9 informants working in Lithuania, the United Kingdom, the United States, Bangladesh, France, Malaysia, and Poland. The results of the study revealed the opinion of virtual project team leaders how these teams differ from traditional teams. The results revealed problems that may arise in the management of virtual project teams, such as misunderstanding and ambiguity of transmitted information, lack of emotion, presence and loss of information, higher time costs for work tasks, different, culturally influenced work principles and etiquette, and loss of personal and work balance boundaries. These problems are addressed in several ways, openly throughout the group, individually or through an external team.

Features of Formation of Multinational Work Teams in Modern International Companies

At the present time the role of management based on modern achievements of management theory and practice is constantly increasing. At the present stage of management development, one of the most promising directions is not only the improvement of personnel management, but also the development of practical models and management schemes that allow using individual propensities and qualities of the employee. Improving human resources management in international companies is becoming particularly important. These companies represent the basis of mechanism of modern global economy. International economic relations are constantly getting stronger which increases the need to foster international staff members within transnational corporations. At the same time most of such companies address these issues without any well-established models which would ensure positive results. The correct choice of human resources management strategy in an organization determines the company’s success in general. The article examined the experience of international companies in training personnel and creating multinational teams, defined the methods to systematize the work on the creation and development of multinational work teams in existing global companies regardless of the country and industry affiliation of such companies.

A new approach for watermarking products with the buyer’s name to prevent fraud

Due to the fast development in E-commerce and E-payment fraud has become one of the most serious problems. Therefore, most of the international companies invented their own watermark so as to maintain these companies to aqueous brands from forgery and tried to find different ways to preserve it. In this paper a proposed method was suggested that aims to develop a code name for the buyer using one of the watermarking techniques to allow the buyer to certify the source of purchases before payment.