Psychological Determinants of Household Financial Sustainability: The Perspective of Employees in Manufacturing Sector of Malaysia

The relevance of the researching and ensuring financial and economic sustainability of trade is proved. The essential structural characteristics of financial and economic sustainability are generalized. The specifics of managing the financial and economic sustainability of trade business are indicated. The macroeconomic characteristics of financial and economic sustainability of trade in Ukraine as the volume of equity, balance currency, sales of goods of the trade enterprises, current assets, current liabilities and provision, own current assets of trade enterprises are analysed. The financial and economic sustainability of trade enterprises in Ukraine was assessed using the ratios of provision of current assets to own funds, provision of stocks with own funds, maneuverability of equity, mobility, permanent assets, financial stability and financial dependence. Purpose. The purpose of the research is to analyse the condition and development trends of macroeconomic characteristics of financial and economic sustainability of trade in Ukraine and justification proposals for public policy to stimulate its strengthening. Methodology. The following scientific methods were used during the research: analysis, synthesis and comparison – to research the prerequisites for ensuring the financial and economic sustainability of trade enterprises; statistical analysis – to calculate the key macroeconomic characteristics of financial sustainability and liquidity of trade enterprises; groupings, logical analysis, strategic management – to form priorities and means of state policy to stimulate the strengthening of financial and economic sustainability of trade business. Results. The low level of financial sustainability and liquidity of the trade sector in Ukraine has been empirically proven. It is established that a critical decrease in the financial and economic sustainability of the trade business occurred in 2014-2015. In 2012, the level of financial sustainability and liquidity of trade enterprises was the highest. Since 2016, the gradual restoration of financial and economic sustainability of trade business in Ukraine has begun. However, its level is still insufficient, which requires justification and implementation of effective measures of state regulation in this area. It is proved that strengthening the financial and economic sustainability of trade enterprises in Ukraine requires the formation and implementation of a common (state and business entities) policy aimed at strengthening the financial and economic sustainability of trade enterprises in Ukraine. The policy should be implemented in the following areas: alternative forms of the financial result formation, improvement of financial and economic attractiveness of enterprises, distribution of financial and economic risks with the manufacturing sector, realization of financial potential of domestic market by enterprises. Practical implications. The means of the state policy of stimulation and strengthening of financial and economic sustainability of the trade enterprises in Ukraine are defined. Value/originality. The methodical approach to the formation of tools and means of policy to strengthen the financial and economic sustainability of the country’s trade business has been further developed.

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Life and survival: sources of working capital of the Soviet and Russian economies

Russian Journal of Industrial Economics ◽

10.17073/2072-1633-2018-4-368-376 ◽

2018 ◽

Vol 11 (4) ◽

pp. 368-376

Author(s):

D. A. Ermilina ◽

A. V. Borschevа

Keyword(s):

System Analysis ◽

Manufacturing Sector ◽

Banking System ◽

Management Program ◽

Economic Life ◽

Soviet Period ◽

Financial Sustainability ◽

Heterogeneous Structure ◽

Working Capital ◽

Russian Economy

Working capital plays an important role in the economic life of the enterprise in particular and the prosperous development of the state as a whole. At the same time, they themselves have a heterogeneous structure: the ratio of own and borrowed funds in their composition can seriously affect the financial sustainability of economic entities and industries, the possibilities of their modernization and innovative development. The presence of a sufficient number of working capital allows the company to pursue an independent economic policy, while the loss of its own and borrowed working capital is fraught with the most serious consequences.In modern conditions, the slowdown in economic growth, problems in the banking system, inflation, currency fluctuations lead to the fact that most enterprises, especially the manufacturing sector of the economy, have difficulty attracting working capital and managing it.The purpose of this study is to analyze the structure of the sources of the working capital of the economy of the Soviet and post-Soviet periods. Within the framework of the goal, the article suggests a method for classifying all sources of working capital of the Russian economy into own and borrowed funds in order to conduct a comparative analysis of the structure of sources of circulating assets of the Soviet and Russian economies. When performing the study, the methods of system analysis, classification and generalization, logical and statistical analysis were used.The article convincingly proved that the enterprises of the Russian economy are characterized by massive lack of working capital and a deep deformation of the structure of the sources of their formation. On the contrary, the structure of sources for the formation of working capital of the economy of the Soviet period is more balanced, as evidenced by the financial performance of that period. The absence in the foreseeable future of a comprehensive working capital management program will lead the Russian economy to even deeper degradation.

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Gestión administrativa y su incidencia en la sostenibilidad financiera de la Pymes sector manufactureo de Manabí

ECA Sinergia ◽

10.33936/eca_sinergia.v10i1.1178 ◽

2019 ◽

Vol 10 (1) ◽

pp. 59

Author(s):

Víctor Javier Solis Cedeño ◽

Heidi María Hidalgo Ángulo

Keyword(s):

Statistical Analysis ◽

Manufacturing Sector ◽

High Reliability ◽

Financial Sustainability ◽

Causal Factors ◽

Administrative Management ◽

Correlational Design ◽

Palabras Clave ◽

Alpha Reliability ◽

Independent Variable

Esta investigación tiene como objetivo, determinar en qué medida la gestión administrativa incide en la sostenibilidad financiera de las pymes formales del sector manufacturero de la provincia de Manabí. Este trabajo busca conocer los factores causales que explican el problema, estableciendo un diseño transeccional – correlacional. Para el análisis estadístico se utilizó como herramienta la encuesta tipo escala de LIKERT, probado con una fiabilidad Alfa de Cronbach de 0,834 para los 18 elementos, con esta alta fiabilidad, se aplicó a 123 empresas pymes formales del sector manufacturero. Se consideró dos variables de estudio: la gestión administrativa como variable independiente y la sostenibilidad financiera como variable dependiente. El resultado final invidencia que La gestión administrativa NO influye en la sostenibilidad financiera de las PYMES formales del sector manufacturero de la provincia de Manabí-Ecuador. Palabras clave: administración, gerencia, competencia, organización, empresas ABSTRACT The objective of this research is to determine to what extent administrative management affects the financial sustainability of formal SMEs in the manufacturing sector of the province of Manabí. This work seeks to know the causal factors that explain the problem, establishing a transectional - correlational design. For the statistical analysis, the LIKERT scale survey was used as a tool, tested with a Cronbach’s alpha reliability of 0.834 for the 18 elements. With this high reliability, it was applied to 123 formal SMEs in the manufacturing sector. Two study variables were considered: administrative management as an independent variable and financial sustainability as a dependent variable. The final result that administrative management DOES NOT influence the financial sustainability of formal SMEs in the manufacturing sector of the province of Manabí-Ecuador. Key words: administration, management, competition, organization, companies.

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