THE FINANCIAL AND ECONOMIC ANALYSIS OF THE SITUATION OF BUSINESS ENTITIES USING QUANTITATIVE METHODS

2016 ◽  
Author(s):  
Anna Wiśniewska-Sałek ◽  
Sylwia Łęgowik-Świącik ◽  
Katarzyna Grondys ◽  
Marcin Stępień
Keyword(s):  
Economic Analysis ◽  
Quantitative Methods ◽  
Business Entities

An economic analysis of the impact of "grand challenges" on sustainability and business continuity of economic entities

2020 ◽  
Vol 19 (12) ◽  
pp. 2253-2275
Author(s):  
N.P. Lyubushin ◽  
N.E. Babicheva ◽  
A.I. Lylov ◽  
E.I. Pulyakhin
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Business Continuity ◽  
Continuity Of Operations ◽  
Grand Challenges ◽  
Stage Of Development ◽  
Hierarchical Levels ◽  
The Face ◽  
Business Entities ◽  
The Impact

Subject. "Grand challenges", creating risks and threats to economic development, are an important factor to assess new opportunities and reserves for business entities' development, which provide for business continuity. To manage business entities in the face of "grand challenges", it is necessary to devise accounting and analytical support and a system of indicators to ensure the sustainability of development and the continuity of operations. Objectives. The aim is to substantiate a model characterizing "grand challenges" and to determine quantitative and qualitative indicators that describe the sustainability of development and business continuity of economic entities at various hierarchical levels. Methods. The methodology of the study rests on the resource-oriented approach. We developed and tested it through the economic analysis of sustainable development of economic entities. Results. We present a model, describing "grand challenges", identify prerequisites for their emergence, on the basis of which a system of indicators is developed. We also identify indicators, characterizing the sustainable development and ensuring the business continuity at various hierarchical levels, and threshold levels of indicators of sustainable development in the face of "grand challenges". Conclusions. The developed model will enable to expand the methodology for economic analysis and build a system of indicators that help determine the reserves and new conditions for the functioning of business entities during the transition to a new stage of development.

Economic analysis of business entities' sustainable development under cyclicality

2018 ◽  
Vol 17 (1) ◽  
pp. 4-17 ◽  
Author(s):  
N.P. Lyubushin ◽  
◽  
N.E. Babicheva ◽  
A.I. Lylov ◽  
◽  
...  
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Business Entities

The economic analysis of the impact of grand challenges on sustainability and continuity of business entities’ activities

2021 ◽  
Vol 20 (11) ◽  
pp. 1994-2020
Author(s):  
Nikolai P. LYUBUSHIN ◽  
Nadezhda E. BABICHEVA ◽  
Ol'ga M. KUPRYUSHINA ◽  
Dmitrii G. KHANIN
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Intellectual Capital ◽  
Methodological Approach ◽  
Grand Challenge ◽  
Integrated Reporting ◽  
Grand Challenges ◽  
The Face ◽  
Business Entities ◽  
The Impact

Subject. The article addresses the need to develop new methodological tools for assessing threats to and opportunities of sustainable development of business entities, enabling to adequately reflect their activities in the analysis of their interaction in rapidly changing economic conditions. Objectives. The aim is to underpin a methodological approach to the formation of indicators for assessing the sustainable development of business entities in the face of grand challenges, which rests on the grouping of indicators according to the type of economic development. Methods. The study draws on resource-oriented approach, which we developed and tested in the economic analysis of sustainable development of business entities, and statistical methods. Results. Based on the methods of cognitive and resource-oriented analysis, we defined a set of basic indicators, characterizing the intellectual capital. The implementation of the methodological approach enabled to identify two baseline indicators of intellectual capital involved in the formation of a Grand Challenge, i.e. the number of computers with access to global information networks and the cost of patents and licenses for inventions, industrial designs, utility models. We developed and evaluated integrated indicators of intellectual capital to determine the possibilities of sustainable development of economic entities of the Russian Federation. Conclusions. The offered approach helps define a set of indicators of different types of capital to be included in the integrated reporting and analysis of possibilities of economic entities’ sustainable development in the face of grand challenges. The produced set of indicators is basic and may change.

scholarly journals An Economic Analysis of the South-North Bali Connection Railway Plan in The Acceleration of Economic Equality Development in Bali, Indonesia

2019 ◽  
Vol 4 (3) ◽  
pp. 208-211
Author(s):  
Dewa Ketut Sudarsana
Keyword(s):  
Economic Analysis ◽  
Life Cycle Cost ◽  
Net Present Value ◽  
Reduction Rate ◽  
Cost Savings ◽  
Indirect Costs ◽  
Transportation Infrastructure ◽  
Cost Ratio ◽  
Railway Line ◽  
Business Entities

At present the economic development in the province of Bali between South and North Bali is very significant. This condition is presumed to be the transportation infrastructure for the connecting road of South Bali - the existing aiIDRort is not optimal. The alternative transportation infrastructure studied is the plan to build a railway line across South-North Bali. Mengwitani-Singaraja link road is required to be capable to provide more optimal accessibility so that there is an even distribution of economic growth.he indicators used in the feasibility analysis of economic aspects are net present value (NPV), benefit cost ratio (BCR) and economic internal rate of ruturn (EIRR) The price component is used by the shadowprice method. Costs calculated according to the life cycle cost of the project development. Benefits calculated include direct benefits in the form of passenger ticket income and indirect costs in the form of cost savings for existing road users, a multiplier effect, an increase in tourist visits to northern Bali. Economic analysis indicates that the planned North-North Bali railway line is worth proceeding, this is shown by the NPV indicator of IDR 860 billion, BCR of 1.11 and EIRR of 13.11% greater than the 12% price reduction rate. Although it shows that there is feasibility of economic studies, a strategy is needed to produce financial feasibility so that it can be offered in cooperation between government and business entities (PPP) in order to accelerate its developmen

European Industry 1700-1870

2008 ◽  
Vol 49 (2) ◽  
Author(s):  
Stephen Broadberry ◽  
Rainer Fremdling ◽  
Peter M. Solar
Keyword(s):  
Economic Analysis ◽  
Technological Change ◽  
Economic History ◽  
Quantitative Methods ◽  
Industrial Revolution ◽  
General Purpose ◽  
Gradual Process ◽  
European Industry ◽  
Path Dependent

AbstractThis paper offers an overview of the development of European industry between 1700 and 1870, drawing in particular on the recent literature that has emerged following the formation of the European Historical Economics Society in 1991. The approach thus makes use of economic analysis and quantitative methods where appropriate. There are a number of important revisions, compared with previous accounts of Europe’s Industrial Revolution, particularly as embodied in the major existing textbooks on European economic history. First, the Industrial Revolution now emerges as a more gradual process than was once implied by the use of the take-off metaphor. Nevertheless, the scale of the structural transformation that occurred during the process of industrialisation continues to justify the use of the term Industrial Revolution. Second, although the emphasis on the central role of technological change is not new, we use economic analysis to shed new light on the process. Drawing on a model of technological choice first introduced by Paul David, we emphasise the importance of factor prices for the initial switch to modern capital intensive production methods in Britain, the rate of diffusion of these methods to other countries and path dependent technological change. In the cotton industry, particular emphasis is placed on the role of high wages, while in the iron industry, the price of coal is seen to play an important part. We also draw on the idea of a General Purpose Technology to evaluate the role of steam power.

scholarly journals Techno Economic Analysis of Vehicle to Grid (V2G) Integration as Distributed Energy Resources in Indonesia Power System

Energies ◽  
2020 ◽  
Vol 13 (5) ◽  
pp. 1162 ◽  
Author(s):  
Muhammad Huda ◽  
Tokimatsu Koji ◽  
Muhammad Aziz
Keyword(s):  
Economic Analysis ◽  
Power System ◽  
High Speed ◽  
Supply And Demand ◽  
High Stress ◽  
Ancillary Services ◽  
Vehicle To Grid ◽  
Power Company ◽  
Unbalanced Load ◽  
Business Entities

High penetration of electric vehicles (EVs) leads to high stress on a power grid, especially when the supply cannot cover and actively respond to the unpredictable demand caused by charging EVs. In the Java-Madura-Bali (JAMALI) area, Indonesia, the capability of the grid to balance its supply and demand is very limited, and massive EV charging additionally worsens the condition because of unbalanced load profiles. Ancillary services of EVs have led to the idea of utilizing EV batteries for grid support, owing to their high-speed response to the fluctuating power system. In this study, a techno-economic analysis of the vehicle-to-grid (V2G) system in the JAMALI grid is conducted in terms of the changes in the feed-in tariff schemes, including regular, natural, and demand response tariffs. The results show that by utilizing EVs, the supply during peak hours can be reduced by up to 2.8% (for coal) and 8.8% (for gas). EVs owned by business entities as operating vehicles with a natural tariff show the highest feasibility for ancillary services, and can potentially reduce the cost of charging by up to 60.15%. From a power company perspective, V2G also potentially improves annual revenue by approximately 3.65%, owing to the replacement of the fuel.

scholarly journals Accident at Work as an Indicator Supporting the Decision Making Process

2019 ◽  
Vol 1 (1) ◽  
pp. 85-95
Author(s):  
Agnieszka Strzelecka ◽  
Marzena Pytel-Kopczyńska ◽  
Milan Droppa
Keyword(s):  
Quantitative Methods ◽  
Economic Benefits ◽  
Decision Makers ◽  
Decision Making Process ◽  
Annual Data ◽  
Time Data ◽  
Accident Rate ◽  
Inability To Work ◽  
Business Entities ◽  
The Cost

AbstractIdentification of trends of the examined phenomenon plays a major role in taking decisions and allows conducting a deeper analysis of phenomena connected with the shaping of proper working conditions. One of the result indicators in the OSH system is the accident rate, whose existence is the result of a combination of various events. Seeking tangible economic benefits, decision makers in business entities who wish to improve activities protecting health and life of employees, pay great attention to using quantitative methods and drawing conclusions from them. This is conditioned by the fact that the analysis of the economic aspects of accidents is connected to a large extent with the cost of benefits the employer incurs for the benefit of accident victims. Therefore, the main goal of the article is to examine what impact on the cost of benefits due to accidents at work is exerted by such factors as: the number of related benefits, persons injured in accidents at work depending on the consequences and the number of days of inability to work caused by these accidents. Furthermore, this paper shows changes in costs of accident benefits of persons receiving those benefits due to inability to work caused by accident in business. In order to achieve this, it is proposed to present an econometric analysis based on the cross-section-time data with the dynamics of considered variables in voivodeships in Poland being examined. The study uses the annual data for the years 2010-2017. The data come from the CSO publications.

scholarly journals The effect of audit tenure, disclosure, financial distress, and previous year’s audit opinion on acceptance of going concern audit opinion

2019 ◽  
Vol 10 (3) ◽  
pp. 37-52
Author(s):  
Annisa Nurbaiti ◽  
Ni Putu Ayu Intan Permatasari
Keyword(s):  
Financial Distress ◽  
Quantitative Methods ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Positive Direction ◽  
Audit Opinion ◽  
Going Concern ◽  
Business Entities

Abstract Going concern is about the survival of business entities, as well as a assumptions in financial statements of a business. When business entities experience conditions that are not supposed to be, the business entity is said to be in trouble. This research which aims to analyze the acceptance of going concern audit opinion using audit tenure, disclosure, financial distress, and previous year’s audit opinion with case study on mining sector companies listed in Indonesia Stock Exchange in period 2013-2017.. This research used quantitative methods, and the samples were taken by using purposing sampling technique. To analyze the effect of independent variables to dependent variable was using logistic regressions analysis by using IBM Statistical Product and Service Solutions Statistics version 23. The results of this research, financial distress and the previous year audit opinion variables have a positive direction towards the acceptance of going concern audit opinion. While the audit tenure and disclosure variables have no significant influence on the acceptance of going concern audit opinion.

scholarly journals Management of organizational and legal security in the formation of competitiveness of agricultural business entities

2019 ◽  
pp. 75-82
Author(s):  
Mykola Syomych
Keyword(s):  
Qualitative Analysis ◽  
Management Strategy ◽  
Quantitative Methods ◽  
External Environment ◽  
Security Management ◽  
Threat Assessment ◽  
Hierarchy Analysis ◽  
Threat Management ◽  
Business Entities ◽  
Legal Security

Introduction. The functioning of agrarian business entities is constantly influenced by external and internal envi-ronmental factors, some of which threaten its organizational and legal security. Given the novelty of investigated security, the issue of determination threats in this area, identifying management tools, methods, and strategies is relevant, as it allows us to consider enterprise security more broadly than in the traditional economic sense. The purpose of the study is to identify the main tools for managing organizational and legal security and to develop a scheme for preventive management. Results. The difference between risks and threats is clarified. The classification of threats into controlled and uncon-trolled has been done. A description of the methodological basis structure of organizational and legal security management is given. The stages of managing threats to the organizational and legal security of agrarian business entities have been determined. In the identification phase, the external environment is analyzed by a variety of factors and the internal envi-ronment by the mental map of stakeholder interests, needs and values, as well as by areas: efficiency of organizational struc-ture, hierarchy of authorities, system of power delegation, motivational system, control of production quality, processes of products sale, the mode of payment of the ward and the provision of annual leave, keeping of all forms of reporting, financial discipline, ecological standards control of activity. The external environment of the agrarian business entities functioning is analyzed in relation to possible threats to organizational and legal security. The development of a threat management plan is considered. The nature of the implicit threats and the ways to manage them are described, which involves allocating a budget to cover unforeseen losses. The description of the stage of quantitative and qualitative analysis in threat management is given. The development description of the threat classification scale is presented. The path of threat priority analysis is determined, which involves the matrix development of threats placement on two parameters: probability of occurrence and degree of impact. The description of quantitative methods of threat assessment is presented. The definition of the budget amount for the implementation of the organizational and legal security management strategy is given. The methodological support for the choice of the organizational and legal security management strategy has been presented using the method of hierarchy analysis based on the criteria of efficiency, cost and effectiveness. The system of preventive management of organi-zational and legal security of agrarian business entities is presented. Key words: threats, risks, organizational and legal security, agrarian subject, threat management strategy, threat identification, quantitative analysis, qualitative analysis, method of hierarchy analysis.

scholarly journals SMEs during the COVID-19 Pandemic Crisis. The Sources of Problems, the Effects of Changes, Applied Tools and Management Strategies—The Example of Poland

2021 ◽  
Vol 13 (18) ◽  
pp. 10185
Author(s):  
Barbara Siuta-Tokarska
Keyword(s):  
Large Scale ◽  
Quantitative Methods ◽  
Management Strategies ◽  
Research Work ◽  
Negative Effects ◽  
External Conditions ◽  
Research Findings ◽  
Business Entities ◽  
Organisation Management ◽  
Theoretical Issues

Purpose: The aim of the theoretical deliberations and empirical research conducted is to determine the basic sources of problems in the SME sector of enterprises in Poland during the COVID-19 pandemic crisis, and to present how enterprises are responding to external changes and adapting to these changes. The consideration of four types of enterprise strategies in the context of a large scale and a strong influence of external conditions on their activities is the leitmotif of the undertaken research. Design/methodology/approach: The research work used the analysis of the literature of the subject within the research methods of social studies with respect of the analysis and criticism of literature, as well as for logical analysis and structure. The empirical part applied desk research which concerned quantitative methods in the form of a survey. The survey was conducted among SME sector firms, that is micro-, small-, and medium-sized business entities whose economic activity was registered in Poland. The detailed information on sample sizes (based on three report sources) was given in the methodological part of the article. The research period is related to the COVID-19 pandemic. The statistical data presented in the paper primarily include the period of 2019 and 2020. Findings: The research revealed the basic sources of problems that SMEs in Poland struggled with during the COVID-19 pandemic in the period 2019–2020. The article presents the effects of changes related to the bankruptcy and restructuring processes of enterprises, expressed in an increase in their number in the compared years. In particular, the negative effects of the COVID-19 reality were experienced by SMEs conducting service activities. The paper also shows ways of responding and adapting to the turbulent reality of the studied enterprises, indicating the transformation and adaptation types of the actions taken. Originality/value: The presented research into SMEs is an original combination of theoretical issues related to business management during a crisis and distinguished strategies of responding to changes in the conditions of uncertainty, and the actual picture of changes in those entities in the days of the COVID-19 pandemic. The value of the research is manifested in the uniqueness of linking theoretical references of problems of management studies with respect to organisation management in the strategic aspect to specific research findings in firms defined as the core of the national economy, namely small- and medium-sized enterprises under the conditions of the COVID-19 pandemic crisis.

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