El distrito cultural y creativo del Digbeth (Birmingham, Reino Unido) y sus planes de regeneración urbana

The object of study of this research is the Digbeth cultural and creative district, located in Birmingham, United Kingdom. The main objective is to analyze the urban regeneration processes and the different plans proposed by different entities to restore and revitalize the area. To achieve this, different data collection techniques have been used, such as in-depth interviews, in which the model developed by Charmaz and Belgrave (2014) was followed; the bibliographic review of primary and secondary sources and the participant observation as a complete observer. As a result, a scrupulous analysis is carried out of the urban regeneration plans that the Birmingham City Council has proposed regarding the Eastside area, where Digbeth is located, such as the Big City Plan (Birmingham City Council, 2011), the Birmingham Development Plan 2031 (Birmingham City Council, 2017) and specific redevelopment plans for the area, such as the Curzon Investment Plan (Birmingham City Council, 2016). Likewise, the different regeneration plans developed by private initiatives such as Oval Real Estate for Digbeth are considered, analyzed and detailed, as well as the strategic visions and specific proposals for the regeneration of the area. Esta investigación tiene como objeto de estudio el distrito cultural y creativo del Digbeth, situado en Birmingham, Reino Unido. Su principal objetivo es analizar los procesos de regeneración urbana y los diferentes planes propuestos por diferentes entes con la finalidad de rehabilitar y revitalizar el área. Para ello, se han usado diferentes técnicas de recolección de datos, como las entrevistas en profundidad, en las que se siguió el esquema de preguntas desarrollado por Charmaz y Belgrave (2014); la revisión bibliográfica tanto de fuentes primarias como secundarias y la observación participante, con carácter de observador completo. Como resultado, se realiza un escrupuloso análisis de los planes de regeneración urbana que el Ayuntamiento de la Birmingham plantea vinculados a la zona del Eastside, en la que se encuentra el Digbeth, como son el Big City Plan (Birmingham City Council, 2011), el Birmingham Development Plan 2031 (Birmingham City Council, 2017) y planes específicos para la remodelación para el área, como el Curzon Investment Plan (Birmingham City Council, 2016). Igualmente, se consideran, analizan y detallan los diferentes planes de regeneración desarrollados por iniciativas privadas como Oval Real Estate para el Digbeth, así como las visiones estrategias y las propuestas específicas de regeneración del área.

Activities of a Mine Surveyor and a Geologist at Design Bases in a Limestone Quarry

At the beginning of this article, the main historical milestones of Povážská cementáreň (cement plant) Ladce, a.s. (PCLA) are presented. The main parameters of the Butkov quarry are also specified (sources of the mineral resources) such as the size of the protected deposit area, the mining area, etc. Another part of the article is devoted to proposals for future mining process. There are two projects in connection with the basic investment plan for PCLA modernization. The first one is the preparation of the survey area for limestone - the stages above the current E15 and the other one is the preparation of the survey area for marl - the Moskové locality. Both of these projects were realized in association with Považskň cementáreň, a.s., Ladce and VŠB - Technical University of Ostrava. An integral part of this article based on the project are also simulation of graphic models and diagrams. The last part of the article documents ways of the cooperation of Butkov Quarry and Považskň cementáreň, a.s., Ladce with the public. The management of the Butkov Quarry and Považskň cementáreň, a.s. have come to realize that their cooperation with the public on cultural and social activities helps both, the public and the quarry (include cement plant).

METHODOLOGY OF CREATING STRATEGIC AND INVESTMENT PLANS FOR THE DEVELOPMENT OF EDUCATIONAL INSTITUTIONS

The purpose of the article is to substantiate the principles and present the author’s methodology for creating strategic and investment plans for the development of educational institutions. The theoretical significance of the article is that it is based on understanding the work of Ukrainian and foreign scientists, the authors’ own experience in strategic management of educational institutions of different levels, analysis of experience in creating strategic and investment development plans for 11 vocational schools in Donetsk, Luhansk and Zaporozhye regions (which became possible due to support of UNDP in Ukraine) the principles of creating a strategic and investment plan for the development of educational institutions are substantiated; the author’s vision on the technology of strategic management of an educational institution is offered; the author’s methodology of creating a strategic and investment plan for the development of an educational institution is presented. The practical significance of the article is that the proposed principles, technologies, tools and methodology tested in educational institutions of different levels can be used in the process of developing strategic management of relevant institutions, in particular to create a document «Strategic and investment development plan of the educational institution». It is substantiated that in the process of creating a strategic and investment plan for the development of the educational institution it is advisable to adhere to certain principles that will involve all stakeholders, teaching staff, lay the foundation for coordinated work on its (plan) implementation. Such principles are the principle of predictability (vision of the strategic and investment plan for the development of the institution as a document that should not only contain strategic initiatives and operational objectives aimed at changing the current situation (in terms of management, quality, competitiveness, etc.), but to implement initiatives aimed at change in the future); optimality (the need to identify a number of such strategic initiatives, the implementation of which could most optimally determine the change in the future); hierarchy (structuring of strategic and investment plan as a hierarchy of strategic initiatives, strategic goals and operational objectives, in order to ensure and optimal achievement of planned strategic goals); responsibility (involvement of teaching and non teaching staff in the process of generating strategic initiatives for the development of the educational institution as well as encouraging them to take responsibility for their implementation); environmentality (taking into account the general context (external environment) in which the institution is operated, and which, in turn, determines the patterns and internal logic of this development). The author’s methodology of creating a strategic and investment plan for the development of the educational institution is proposed, which provides the stages of analysis of the external environment of the educational institution, institutional analysis, competitive analysis, formation of a 3D view on the educational institution, generation of strategic initiatives for the future. The peculiarities of using the nominal groups technique to generate strategic initiatives for the development of an educational institution are substantiated. Key words: strategic development, strategic management, educational institutions, institutions of professional (vocational) education, strategic and investment plan. JEL Classification I22, О43 Formulas: 0; fig.: 0; tabl.: 0; bibl.: 14.

An Investor’s Investment Plan with Stochastic Interest Rate under the CEV Model and the Ornstein-Uhlenbeck Process

The aim of this paper is to maximize an investor’s terminal wealth which exhibits constant relative risk aversion (CRRA). Considering the fluctuating nature of the stock market price, it is imperative for investors to study and develop an effective investment plan that considers the volatility of the stock market price and the fluctuation in interest rate. To achieve this, the optimal investment plan for an investor with logarithm utility under constant elasticity of variance (CEV) model in the presence of stochastic interest rate is considered. Also, a portfolio with one risk free asset and two risky assets is considered where the risk free interest rate follows the Ornstein-Uhlenbeck (O-U) process and the two risky assets follow the CEV process. Using the Legendre transformation and dual theory with asymptotic expansion technique, closed form solutions of the optimal investment plans are obtained. Furthermore, the impacts of some sensitive parameters on the optimal investment plans are analyzed numerically. We observed that the optimal investment plan for the three assets give a fluctuation effect, showing that the investor’s behaviour in his investment pattern changes at different time intervals due to some information available in the financial market such as the fluctuations in the risk free interest rate occasioned by the O-U process, appreciation rates of the risky assets prices and the volatility of the stock market price due to changes in the elasticity parameters. Also, the optimal investment plans for the risky assets are directly proportional to the elasticity parameters and inversely proportional to the risk free interest rate and does not depend on the risk averse coefficient.

Financial Planning: Applications to Business Startups "Jamu Partnership" in Indonesia

Background – PT OAM is a startup company in the field of jamu partnerships in Indonesia. Jamu itself is a traditional health drink product originating from Indonesia. As a startup company in running the jamu partnership business, of course PT OAM really needs to carry out financial analysis by calculating and analyzing existing parameters. The data obtained from this analysis will be able to assist company management in making strategic decisions both now and in the future. One of the analyzes is an investment feasibility analysis. In addition, a method to assess the feasibility of an investment is also needed in identifying the prospect of an investment plan. The prospect of an investment plan can be used as a basis for making a decision to accept or reject an unprofitable investment. Financial planning is one of the important aspects for the sustainability of PT OAM jamu partnership business. Method – Using financial plan framework Result – This financial analysis can help companies in financial decisions. Keywords: Financial Plan, Startups, Jamu Partnership, Business Opportunity, Indonesia.

Potential of green deal initiatives financing in Ukraine

The essential characteristics of green deal initiatives and its specifics, which determine the potential for implementation and development of relevant initiatives in a modern society are substantiated as the essential background in our article. The peculiarities and classification of priority areas and policies of the European Green Deal are substantiated, as well as the main measures implemented in developed European countries in order to achieve the set goals for balancing the economy. The European Green Deal offers broad prospects for the efficient operation of many areas of the economy, such as improving the efficiency and competitive position of the energy sector. The key financial and environmental priorities of the European Green Deal, as well as the specifics of their manifestations in Ukraine are studied. The main sources of attracting financial resources for the dissemination of green deal practices in European countries are analyzed, based on the investment plan aimed at achieving the priorities of the European green deal. The perspective sources of funding and tools to stimulate the implementation of green deal priorities in Ukraine are identified. Some examples of financial support for green deal initiatives from a wide range of internal and external sources are given. Conclusions are made on the specifics of the use of financial instruments, the potential and prospects for their use in Ukraine. In particular, the attention is paid to the state programs for green deal financing, international and European institutions (including, granting) initiatives, potential of green bonds and green credits.

ANALISA RENCANA INVESTASI PADA PENGEMBANGAN LINTASAN PRODUKSI NEW MODEL CRANK CASE TIPE SPORT DI PT XYZ

XYZ Company is currently planning the production machining line for crank case new model sports type of 2200 units / day. There are two alternative investment plan that is manual and automation to get the best alternative in terms of finance .Analysis tool used is the Net Present Value (NPV), Internal Rate of Return (IRR) and Payback Period (PBP) as the basis for determining which alternative is chosen. Sensitivity analysis is used to determine which is the most sensitive variable to the NPV .Both alternatives feasible to be realized, but the automation system was chosen because of the analysis results is greater than the value of the manual system with an IRR of 57.52% (IRR > MARR), which MARR 7.88% and a NPV of USD 299 002 634 271 (NPV > 0), and payback of 1 years for 0,27 month, which is faster than the economic life of the machine that 8 years. Total interest rate is the most sensitive factor in changing the NPV

Assessment of Investment Plan and Financing Strategy for Hobbyist-Based Marketplace as a New Business from PT XYZ

PT XYZ is a successful technology enterprise, intends to open a new business line in e-commerce with unique selling propositions as a hobbyist-based marketplace. The marketplace, ABC, has built website and application generating event registration, communities, and articles. ABC still needs to reduce bugs and acquiring sellers to sell their products on. ABC needs to seek investments to fulfill the required financing at IDR 245,000,000 since PT XYZ needs to reallocate the money to another business. It firstly needs to determine the financial feasibility study of ABC with the capital budgeting method of NPV, IRR, and Payback Period. The amount of NPV at IDR 500,722,291.51, IRR at 13.32%, and PP at 4 years 2 months and 19 days are acceptable. The risk assessment with sensitivity analysis and Monte Carlo simulation determine the accounts that are risked by the assumption from the owners, the high risk are on Bike Selling quantity and COGS also Salary (Full-Time) with the probability of positive IRR at 97.80%. ABC wants to have financing schemes of 65%, 45%, and 25% equity where PT XYZ will give IDR 25,000,000 and intangible asset of IDR 61.600.000, this makes the 25% equity cannot be used, therefore it will be changed to 35.35% equity. With total share outstanding of 10.000 shares, the sales price of A, B, and C are IDR 46,199.55, IDR 43,803.40, and IDR 42,771.43 respectively. Capital structure analysis is needed to get the best value of ownership, yet, all alternatives can be used for attracting investors.

EXPLORATORY FACTOR ANALYSIS OF INVESTMENT PLAN IN INDIA

Savings and investments are the two essential ingredients of the capital formation of any country. Now a day’s there are multiple options are available for investments and saving.The present paper focuses on various investment options like Banks, LIC, PPF, Bonds, Mutual Funds, Real estate, Commodity Market, Gold, Equity Shares, Futures & Options, and instruments of the Post Office like NSC & MIS to trace the preference of an investor. A survey of 300 respondents has been carried for finding the best investment options available in the current situation. Data analysis has been done by statistical tools like descriptive statistics and exploratory factor analysis