scholarly journals Modeling the external factors influence on financial balance of chemical enterprises of Ukraine

2019 ◽  
pp. 19-24
Author(s):  
Tetiana HUDZ

Introduction. The relevance of this study is due to the search for tools to ensure the sustainable development of Ukrainian economy real sector. A possible way of forming stable institutional prerequisites for building an strong economy with the prospect of its conversion to social equilibrium state is balancing finance of industrial enterprises. Chemical industry is one of the priority areas of Ukraine’s economy. The purpose of the article is a modeling of chemical industry enterprises financial equilibrium taking into account external factors’ influence. The main research methods are dialectics, deduction and induction, mathematical gnostic analysis, trend analysis. Results. The financial equilibrium stability index of chemical industry enterprises is proposed in this article. It characterizes the stability of chemical industry enterprises financial equilibrium to external factors’ influence. They are inflation, devaluation, innovation, chemical production, its export-import balance, credit rate and bank system capitalization. Based on the use of mathematical gnostic analysis, an economic and mathematical model was created to predict the stability index of chemical industry enterprises financial equilibrium taking into account the influence of monetary, production and market factors. Forecast of balancing of corporate finance in the chemical industry under external factors’ influence is made. The state of stable negative financial equilibrium of Ukrainian chemical industry is revealed. Conclusion. Suggestions for overcoming financial imbalances at chemical industry enterprises are formed. There are: enterprise debt inventory, revision of gas price, production innovations. The findings complement the scientific foundations of sustainable development in Ukraine and can be applied by the financial management of chemical industry enterprises for their stabilization.

2020 ◽  
Vol 9 (2) ◽  
pp. 451-466
Author(s):  
Olena Arsentieva ◽  
Yuliia Klius

In modern conditions, innovative activity is a special purposeful systematic set of measures to use innovative potential in order to achieve a new quality in the economic system in the process of ensuring its sustainable development. The implementation of innovative projects by industrial enterprises leads to disturbing influences in the form of innovative structural changes in the implementation of innovative structural units, affects the stability of economic systems and the effectiveness of their innovative activities. The presence of the legal grounds for changing the organizational structure of the enterprise in connection with the implementation of the activities aimed at the development of innovative goods and products is a prerequisite for the introduction of innovative units at an industrial enterprise. It should be noted that the regulatory framework governing innovative activity is quite contradictory and imperfect due to the lack of certain consistency regarding the definition of basic concepts and the existing conflict and inconsistency of legal regulation of relations in the field of innovative activity, so the relevance of its research and analysis is beyond doubt.  Keywords: legal fundamentals, innovative unit, industrial enterprises, sustainable development


Author(s):  
Omid Bozorg-Haddad ◽  
Samira Komijani ◽  
Erfan Goharian

Abstract The never-ending exploitation of natural resources after the industrial revolution has caused irreversible damage to our environment and life. This vast resource deployment was expected to finally decelerate after the emergence of the Sustainable Development paradigm in the late 1980s. The concept of sustainable development aims to balance the tradeoff between supply and the needs of societies to also preserve the needs of future generations. Nonrenewable resources, especially water, have been at the heart of sustainable development goals. Sustainable Water Management (SWM) is an essential component of sustainable development. To achieve SWM, various water management challenges, in both developing and developed countries, should be addressed by attracting stakeholders to invest in water system efficiency and improvement projects, as well as by recycling and reusing water. To assess sustainable management policies and practices, evaluation of performance metrices – such as the Water Resources Sustainability Index, reliability, resiliency and vulnerability, and the Stability Index – is imperative. A cost-efficient policy should also facilitate the attainment of sustainability in all socioeconomic, and environmental sectors.


2017 ◽  
Vol 7 (3) ◽  
pp. 6-16
Author(s):  
Maulina Vinus ◽  
Suhal Kusairi

The objective of this research is to develop a financial system stability index and analyze the internal and external factors that we expect to affect the stability of the Indonesian financial system. We measured the single model of financial system stability index (FSSI) from year 2004M03 to2014M09 in Indonesia, and compiled a single quantitative measure based on aggregate internal factors and external factors to capture and predict the shocks of the financial system stability. Stability parameters were composed of composite indicators on different bases. In addition, we developed a comprehensive index component associated with the relevant market conditions, including banking soundness index, financial vulnerability index, and regional economic climate index. Results stated that US economic growth and economic growth of ASEAN countries positively affected financial stability. In addition, current account, exchange rate, inflation, interest rate were shown to negatively affect financial stability. The results of this study imply that internal factors have a strong influence on the financial stability. Therefore, the central bank should give a fast and correct response to the changes of external and internal financial environment, especially for internal factors through monetary policy.


2020 ◽  
Vol 8 (8) ◽  
pp. 1476-1496
Author(s):  
V.V. Smirnov

Subject. The article discusses Russia’s economy and analyzes its effectiveness. Objectives. The study attempts to determine to what extent Russia’s economy is effective. Methods. The study is based on the systems approach and the statistical analysis. Results. I discovered significant fluctuations of the structural balance due to changing growth rates of the total gross national debt denominated in the national currency, and the stability of growth rates of governmental revenue. Changes in the RUB exchange rate and an additional growth in GDP are the main stabilizers of the structural balance, as they depend on hydrocarbon export. As a result of the analysis of cash flows, I found that the exports slowed down. Financial resources are strongly centralized, since Moscow and the Moscow Oblast are incrementing their share in the export of mineral resources, oil and refining products and import of electrical machines and equipment. Conclusions and Relevance. The fact that the Russian economy has been effectively organized is proved with the centralization of the economic power and the limits through the cross-regional corporation, such as Moscow and the Moscow Oblast, which is resilient to any regional difficulties ensuring the economic growth and sustainable development. The findings would be valuable for the political and economic community to outline and substantiate actions to keep rates of the economic growth and sustainable development of the Russian economy.


2020 ◽  
Vol 19 (9) ◽  
pp. 1550-1613
Author(s):  
O.E. Akimova ◽  
S.K. Volkov ◽  
E.A. Gladkaya ◽  
I.M. Kuzlaeva

Subject. The article discusses the sustainability of regional economy development, its definition, and the substance of sustainable development. Objectives. We aim at performing a comprehensive analysis of indicators of sustainability and adaptability of regional development in the context of digitalization, formulating a strategy for economic behavior that takes into account the multidimensional nature of regional inequality and is focused on boosting the economic potential of regions. Methods. The study draws on dialectic and systems approaches, general scientific methods of retrospective, situational, economic and statistical, and comparative analysis. Results. The sustainability of the region focuses on improving the human welfare over long time horizon. This happens in three areas, i.e. maximizing the efficiency of resource use; ensuring justice and democracy; minimizing resource consumption and environmental damage. The stability of the region can be assessed by using one parameter, or by combining the parameters in accordance with the type of region and expected results. Conclusions. The adaptation of a region to changing conditions depends on its type (‘adapted’, ‘adaptive’, and ‘non-adapted’). Regional inequality has two main components: difference in economic potential and social satisfaction of residents. Another component, affecting the stability and adaptability of regions, is the level of their digitalization. However, some regions have only formally embarked on the path of digitalization. Moreover, a focus on smart technologies, solutions and digitalization often leads to ignoring the goals of sustainable development. Smart technologies should be aimed at ensuring sustainability within the framework of the smart sustainable city concept.


Author(s):  
З.С. САНОВА

В статье представлены материалы о взаимосвязи продолжительности продуктивного использования коров с характеристикой устойчивости к деградации, с возрастом отела и удоем. В исследованной, разнородной по происхождению, группе животных для прогноза продуктивного периода коров, обусловленного устойчивостью к деградации и возрастом первого отела, пригодно уравнение регрессии, аргументами в котором являются индекс устойчивости, возраст первого отела в первой и второй степенях. Коэффициент корреляции межу предсказанными значениями продуктивного периода и его фактическими величинами в I группе составляет 0,502, во II - 0,604. При этом крайние варианты прогнозируются со статистическими ошибками 5 мес при оценке индекса устойчивости по 2 лактациям и 4,1 мес по 3, а средние варианты, соответственно, 1,6 и 1,51 мес. Индекс устойчивости к процессу старения является важной характеристикой биологических особенностей коров, определяющий их продуктивное долголетие. Его оценка по первым 2 и 3 лактациям имеет прямолинейную связь с продуктивным периодом (r=0,4109 и r=0,5270), соответственно. Зависимость продуктивного периода от возраста первого отела криволинейная — с увеличением возраста первого отела сокращается срок продуктивного использования, при возрасте первого отела более 1400 дней срок продуктивного использования колеблется от 1,33 до 1,41 лактации. Коэффициент корреляции между этими характеристиками коров составляет - 0,2164 в I и - 0,2620 во II группах. The article presents materials about the relationship of the duration of productive use of cows with the characteristic of resistance to degradation, with the age of calving and milk yield. In the studied group of animals, which is heterogeneous in origin, the regression equation is suitable for predicting the productive period of cows due to resistance to degradation and the age of the first calving, the arguments of which are the stability index, the age of the first calving in the first and second degrees. The correlation coefficient between the predicted values of the productive period and its actual values in group I is 0.502, in group II - 0.604. At the same time, the extreme variants are predicted with statistical errors of 5 months when evaluating the stability index for 2 lactations and 4.1 months for 3, and the average variants, respectively, are 1.6 and 1.51 months. The index of resistance to the aging process is an important characteristic of the biological characteristics of cows, which determines their productive longevity. Its estimate for the first 2 and 3 lactations has a direct relationship with the productive period (r=0.4109 and r=0.5270), respectively. The dependence of the productive period age at first calving curvilinear with increasing age at first calving reduces the time to productive use, while age at first calving of more than 1400 days, the period of productive use ranges from 1.33 to 1.41 lactation. The correlation coefficient between these characteristics of cows is-0.2164 in I and-0.2620 in II groups.


2018 ◽  
Vol 35 (4) ◽  
pp. 133-136
Author(s):  
R. N. Ibragimov

The article examines the impact of internal and external risks on the stability of the financial system of the Altai Territory. Classification of internal and external risks of decline, affecting the sustainable development of the financial system, is presented. A risk management strategy is proposed that will allow monitoring of risks, thereby these measures will help reduce the loss of financial stability and ensure the long-term development of the economy of the region.


2021 ◽  
Vol 13 (3) ◽  
pp. 1333
Author(s):  
Xiantong Zhao ◽  
Hongbiao Yin ◽  
Chenyang Fang ◽  
Xu Liu

Early career academics are the key agents for the sustainable development of higher education institutions. In China, those who were educated overseas and have returned to Chinese universities to seek academic positions are becoming a fast-growing group. Good research performance is critical to survive in the increasingly competitive environment in academia. Improving research performance requires an understanding of the factors that facilitate or inhibit research performance. In the light of Bronfenbrenner’s ecological systems theory, this study, using a mixed-method design (20 interviewees and 136 respondents), elaborates on a number of external factors affecting returned early career academics’ research performance. Understanding these factors is helpful for the building of a favorable environment that can improve the research performance of the returned early career academics, and hence the sustainable development of universities.


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