Analysis of methodological approaches to the construction of dynamic systems of investment in information development

The object of research is theoretical and methodological approaches to mathematical modelling of dynamic nonlinear systems to ensure dynamic management of the investment process of information development of enterprises. Methodological aspects of building dynamic investment systems, maximizing the effectiveness of system interaction in information development are considered. One of the most problematic places is the formulation of the optimal approach to the methods of system analysis of decision management. The paper provides an opportunity to solve a wide range of problems, related to the flexible management of investment projects in the implementation of information technology. The study used the economic component of the formation of information resources, which contains an integral investment component of the information system. This is due to the fact that the proposed discreteness of this approach in the complex dynamics of the value of the information system contains partial estimates. Therefore, there should be a scheme of constant review of its value, which contains a dynamic component of the investment value of the information system with properties. The axiomatic approach was used in one of the most common approaches in the formal study of systems. The peculiarity is that the model is based on certain basic assumptions that do not require theoretical justification – on axioms. The study identified the main characteristics of the dynamic investment component of the system. Investments will have the properties of assessing information flows as part of information development. In particular, the research used approaches to modelling many solutions of the investment resources management process. The stages of modelling the process of dynamics and state of the system, implementation of the information support system are determined. This provides an opportunity to identify and assess the stages of investment, analysis of key risks and existing opportunities, defining strategies and methods of response, system typing. As well as the development and implementation of action plans to minimize the variability of investment areas and information structure.

KAJIAN HAK KEPEMILIKAN PROPERTI OLEH WARGA NEGARA ASING DI INDONESIA

In developing the Indonesian state, a large amount of money is required. One of the financing comes from investment or capital invested by foreign parties with an investment permit of 30-60 years. The impact of this period causes foreigners to need housing facilities that can support their activities and streamline their business in the context of PMA. In response to these conditions, the government issued Government Regulation No. 41/1996. Based on such regulatory conditions, foreigners generally get a house by renting. This allows foreigners to apply for a rental period of more than 10 years for Indonesians who own the house. However, in practice there are many houses whose conditions, room arrangement, layout, environment, or so on do not suit the tastes of foreigners. In addition, the condition of ownership of property on a lease basis also prevents foreigners from being able to renovate space. According to the UUPA, foreigners are not allowed to own HGB and can only obtain usage rights. This needs to be revised to adapt to the current and more dynamic investment climate conditions. In other countries the right to use property reaches 99 years. The proposal to extend the right to use housing for foreigners will contribute foreign exchange for the country.

Economic Policy Uncertainty, Heterogeneity of Executives and Enterprise Innovation

This study analyzes how economic policy uncertainty affects corporate innovation, and the moderating effects of executive heterogeneity. A threephase dynamic investment and financing model is first built to analyze the mechanism. Empirical analysis confirms that the increase in the degree of economic policy uncertainty promotes enterprise innovation. Further results show that this promotion effect is more significant in enterprises with male executives, low educational level, no financial experience and political background. Moreover, the positive impact is only found in enterprises with moderate executive ability, and the overconfidence of senior executives plays a positive regulating role in it.

Incentivizing Irreversible Investment

Existing dynamic investment models that show that a manager can be incentivized to implement the optimal investment policy rely on the assumption that the firm is operating in an ever-expanding product market. This paper presents an analytically tractable, discrete-time, neoclassical model with irreversible investment and the possibility of unfavorable demand events. We show that even when the principal is uninformed about changes in demand for the firm's output, there exists a performance measurement system that leads to goal congruent investment incentives for the manager. If the principal can observe the unfavorable demand events, then goal congruence can be achieved using very simple accrual accounting rules, such as straight-line depreciation.

Economic and Environmental Impacts of Geothermal Resource Development in Hunan, China

The global warming and soaring energy consumption have motivated many scholars and policymakers to pursue energy conservation and environmental improvement. As a renewable cleaning energy, geothermal resources have been actively developed in recent years. Taking six geothermal projects in Hunan, China as examples, this paper determines the input and output indices for each project. The input indices cover both economic and environmental dimensions. Then, the authors deeply explored how much geothermal resource quantity, single-well yield, total investment, and annual cost investment influence dynamic investment recovery period, coal reduction of summer operation, coal reduction of winter operation, environmental protection and energy saving, standard coal reduction, and emission reduction. The results show that total investment, single-well yield, and total investment have significant effects on economic indices, while geothermal resource quantity, single-well yield, and total investment have significant effects on environmental indices.