scholarly journals THE STATE OF FINANCIAL ACTIVITY OF INDUSTRIAL ENTERPRISES AS A PREREQUISITE FOR CRISIS MANAGEMENT

2021 ◽  
Author(s):  
Yuliia Ohrenych ◽  
Oleksandr Hrytsenko
Keyword(s):  
Crisis Management ◽  
Financial Stability ◽  
Industrial Development ◽  
Market Competition ◽  
External Factors ◽  
Engineering Industry ◽  
Necessary Condition ◽  
Financial Activity ◽  
Industrial Enterprises ◽  
The Impact

The creation and further operation of any enterprise is aimed at making a profit, which in a market economy is not without the influence of a number of factors. In practice, these factors can be extremely diverse, ranging from market competition and, consequently, the constant need to modernize production, and ending with the political vicissitudes of the country, which often entails a change in the vector of industrial development as a whole. Maintaining the efficiency of financial activities, in conditions of constant external and internal factors of influence, is a necessary condition for the existence of each individual enterprise. Therefore, the analysis of factors and reasons for reducing the efficiency of financial activities of industrial enterprises is important for further decision-making on the implementation of anti-crisis management measures. The article analyzes the main trends of fluctuations in the financial activities of industrial enterprises of Ukraine on the example of PJSC "Zaporizhzhya Electric Locomotive Repair Plant". The key factors and reasons for changing the financial performance of the enterprise are identified. The influence of external factors on the reduction of financial efficiency is characterized. The analysis of a particular enterprise reflects the overall situation in the engineering industry of Ukraine, because each company is equally exposed to external factors on the financial condition, although it does not determine the methods of responding to external threats. The essence of the financial activity of the enterprise, the factors that determine it and the reasons for the impact of internal risks on the financial activities of economic entities are considered. The analysis of financial activity of the enterprise is carried out through a prism of indicators of profitability, liquidity, a condition of property, relative indicators of an estimation of financial stability and business activity. The necessity and expediency of anti-crisis management at an industrial enterprise have been established. The author identifies the main directions of improving the financial situation.

COMPETITION-STABILITY RELATIONSHIP IN DUAL BANKING SYSTEMS: EVIDENCE FROM EFFICIENCY-ADJUSTED MARKET POWER

2021 ◽  
pp. 1-24
Author(s):  
MUDEER AHMED KHATTAK ◽  
OMAR ALAEDDIN ◽  
MOUTAZ ABOJEIB
Keyword(s):  
Market Power ◽  
Financial Stability ◽  
Banking Sector ◽  
Market Competition ◽  
Policy Implications ◽  
Islamic Banks ◽  
Banking Competition ◽  
Precise Measure ◽  
Conventional Banks ◽  
The Impact

This research attempts to explore the impact of banking competition on financial stability employing a more precise measure of market power. It was found that Islamic banks are less stable and are enjoying lower market power. The analysis shows that higher market competition makes the banking sector vulnerable to defaults, supporting the “competition-fragility view”. This research finds no difference in the relationship for Islamic banks indicates that Islamic banks might be involved in traditional banking activities as conventional banks. The results are consistent and robust to different estimation approaches and subsamples. This research carries regulatory and policy implications.

scholarly journals The impact of taxation policies on the research and development of alternative fuel vehicle companies -- A case study of NIO Inc.

2021 ◽  
Vol 958 (1) ◽  
pp. 012019
Author(s):  
J Ma ◽  
I Mayburov
Keyword(s):  
Research And Development ◽  
Industrial Development ◽  
Market Competition ◽  
Alternative Fuel ◽  
Theory And Practice ◽  
Analysis Method ◽  
Industrial Transformation ◽  
Existing Problems ◽  
Alternative Fuel Vehicle ◽  
The Impact

Abstract In the context of industrial transformation and green development, the strategic position of the alternative fuel vehicle industry has been continuously improved, and it has become a long-term key support object for China’s industrial policy. With the acceleration of the industrial development process, the market competition has intensified, and the phenomenon of insufficient enterprise research and development has gradually become serious. This paper uses the literature analysis method, the method of combining theory and practice, and the case analysis method. Take the alternative fuel vehicle emerging company NIO Inc. as a case to analyze the role of taxation policies in research and development (R&D) input and output, identify existing problems and make suggestions for improvement. This study can promote the development of China’s alternative fuel vehicle industry, adjust the relevant upstream and downstream industrial chains and the business structure of industry enterprises, and build an environmentally friendly society as soon as possible. It also has theoretical guiding significance for the overall construction and adjustment of China’s fiscal and taxation policies.

scholarly journals Enterprise Financial Security as an Anti-Crisis Management Method

2021 ◽  
Vol 25 (1) ◽  
pp. 153-159
Author(s):  
Iryna Khymych ◽  
◽  
Tetiana Vynnyk ◽  
Nataliia Konstantiuk ◽  
Nataliia Tymoshyk ◽  
...  
Keyword(s):  
Crisis Management ◽  
Financial Stability ◽  
Financial Economic ◽  
External Factors ◽  
Financial Security ◽  
Business World ◽  
Crisis Phenomenon ◽  
Modern Business ◽  
High Level ◽  
Internal And External Factors

Abstract. Introduction. Enterprise financial security is one of the measures to ensure and support financial stability. It is able to act as one of the main anti-crisis management methods and is extremely relevant in the uncertainty of the activities implementation. Management and staff must comply with a number of requirements for ensuring and maintaining their own level of financial capacity for effective enterprise functioning. After all, this factor will promote both its general adaptation, and will allow to carry out own activity now. It will also contribute to the plan formation to ensure the enterprise activities for the future, taking into account the necessary changes based on determining their impact on the development of further events in the business world. Purpose. His article has been described the essence and features of the «Financial security of the enterprise» concept. The necessity of its application in modern conditions of enterprise activity as one of the most important anti-crisis management methods in conditions of uncertainty has been described. Results. The financial security of the enterprise is the basis of effective activity of any enterprise in modern business conditions, taking into account the influence of both internal and external factors that take place in the business world as a whole has been determined. It is researched that financial security needs constant updating and improvement. So, it must meet modern requirements for ensuring the stability of the enterprise as an important anti-crisis managing its activities method. The main components of financial security of the enterprise are offered and described, namely: organizational, managerial, and financial-economic. Conclusions. As a result or consequence of this, the formation, support, and development of the country’s enterprises’ financial security are influenced by many different, both interdependent and independent, internal and external factors. In addition, financial security needs constant provision to achieve a high level of support for the stable and uninterrupted operation of the enterprise under any conditions of its operation. Keywords: financial security; anti-crisis method; crisis phenomenon; organizational component; management component; financial and economic component; soft skills.

scholarly journals The Impact of Industry 4.0 Technologies on Structural Transformation in the Manufacturing

2021 ◽  
Vol 100 ◽  
pp. 01009
Author(s):  
Oksana Kushnirenko ◽  
Natalia Gakhovich ◽  
Liliia Venger
Keyword(s):  
Industry 4.0 ◽  
Industrial Development ◽  
Raw Materials ◽  
Industrial Sector ◽  
Efficient Solutions ◽  
Strategic Partnership ◽  
Global Trends ◽  
Research Results ◽  
Industrial Enterprises ◽  
The Impact

In the paper, we investigate the impact of global trends Industry 4.0 on the structural transformations of Ukrainian industrial sector through the prism of global technological challenges. The current structural imbalances of Ukrainian industrial development and highlights the opportunities that 4.0 technologies provide for innovative industrial renewal are considered; and the readiness for adoption of innovative technologies of Industry 4.0 in the industrial enterprises is assessed. The key conclusion of the study is that further innovative transformation of global production will lead to inevitable changes in the organization and management of production processes. Based on the research results, an effective solution to certain problems has been proposed. The key finding of the research is that representatives of Ukrainian industry though perceive the importance of this tool face many obstacles in its implementation. Considering research results the efficient solutions of identified problems were proposed. They include the establishing strengthening the strategic partnership between the state science and business institutions in the process of stimulating cluster development; improvement of innovation infrastructure, creating the innovation ecosystems for the capitalization of scientific developments and the commercialization of innovations; creation of competitive conditions for all market participants, including equal conditions for access to the raw materials market, technology transfer, protection of property rights; reforming educational infrastructure; creation of a favorable investment environment with the help of mechanisms of state guarantees for foreign investments.

Mastering the market: Japanese government targeting of the computer industry

1988 ◽  
Vol 42 (3) ◽  
pp. 509-543 ◽  
Author(s):  
Marie Anchordoguy
Keyword(s):  
Industrial Development ◽  
Market Competition ◽  
The State ◽  
Computer Industry ◽  
Labor Costs ◽  
Leading Role ◽  
Market Factors ◽  
The Government ◽  
Role Of The Government ◽  
The Impact

A key topic of inquiry in the ongoing debate over Japan's remarkable postwar growth is the role of the government. Some argue that the state has played a leading role in stimulating and guiding the development of specific industries; others argue that market factors, such as high rates of investment and savings and low labor costs, have been the key impetus. This article focuses on the link between the state and the market, in particular the impact of state policies on market competition. It is primarily concerned with how targeting policies can be structured in ways that spur industrial development; that is, how policies can help firms enter an industry and encourage them to invest heavily to make better products, without sapping their initiative and making them dependent on the government. A case study of Japan's national strategy to develop an economically viable computer industry provides an opportunity to explore the relationship among targeting policies, market competition, and industrial development.

scholarly journals SIMULATION OF THE INFLUENCE OF EXTERNAL FACTORS ON FINANCIAL SECURITY MANAGEMENT OF INDUSTRIAL ENTERPRISES

2021 ◽  
Author(s):  
Stepan Melnyk
Keyword(s):  
Methodological Approach ◽  
Security Management ◽  
External Factors ◽  
Financial Security ◽  
Industrial Enterprises ◽  
Political Events ◽  
Individual Enterprise ◽  
Partial Blocking ◽  
Terrorist Acts ◽  
The Impact

Business conditions, which are characterized by high turbulence of changes in the operating environment for all enterprises, have become significantly more complicated within the last year, which was catalyzed by the latest pandemic COVID19. In order to stabilize the situation and save the lives of citizens, a number of restrictions were applied, which also affected business activities. It is wrong to consider only this factor as the main one that affected the financial security of industrial enterprises. Other external factors for the formation of adequate protective redoubts should not be ignored. In addition, the specifics of the functioning of each individual enterprise, which is characterized by the excellent influence of macro-, meso- and macro-level factors, need attention. The aim of the study was to form a methodological approach to determining the impact of external factors on the management of financial security of industrial enterprises. To form a methodological approach to determining the impact of external factors on the management of financial security of industrial enterprises used methods: multi-criteria choice of alternatives based on a fuzzy relationship of preference - to determine the priority of the impact of individual factors on financial security; abstract-logical - for theoretical generalizations and conclusions of the study. External factors that most significantly affect the financial security of industrial enterprises include: the onset of the financial crisis and the rapid devaluation of the national currency; unpredictable political events; Military conflicts and terrorist acts; natural disasters and catastrophes (including the COVID19 pandemic); the emergence of a monopoly structure in the market; raider capture; application of trade and financial sanctions; full or partial blocking of bank accounts. The systematization of external factors influencing the financial security management of industrial enterprises has been carried out, which involves the application of the method of multi-criteria selection of alternatives based on a fuzzy ratio of advantages, which allowed to justify priority areas for improving financial security management. The obtained results create the necessary analytical basis for the improvement of the management system based on the introduction of adaptive and antisipative types of financial security management of industrial enterprises.

scholarly journals INFLUENCE OF INTERNAL AND EXTERNAL FACTORS ON THE FINANCIAL STABILITY OF COMMERCIAL ORGANIZATIONS AND THEIR CLASSIFICATION

2016 ◽  
pp. 74-77
Author(s):  
V. I. Kostyanaya
Keyword(s):  
Financial Stability ◽  
External Factors ◽  
Business Organizations ◽  
Factors Affecting ◽  
Commercial Organizations ◽  
Internal And External Factors ◽  
The Impact

This article describes the different approaches of contemporary Russian authors to the classification of the factors affecting the financial stability of the business organizations, it is affected, as well as developed and offered a refined group, which will help more than is justified to assess the impact of these factors on the financial stability of the organization.

scholarly journals CONSIDIRATION OF INTERNAL AND EXTERNAL FACTORS OF BUILDING ENTERPRISE FINANCIAL STABILITY IN CRISIS MANAGEMENT

2018 ◽  
Vol 3 (10) ◽  
pp. 144-148
Author(s):  
Наталья Шлапакова ◽  
Natal'ya Shlapakova ◽  
Татьяна Учаева ◽  
Tat'yana Uchaeva ◽  
Валерия Сидорова ◽  
...  
Keyword(s):  
Crisis Management ◽  
Financial Stability ◽  
External Factors ◽  
Building Enterprise ◽  
Internal And External Factors

scholarly journals Evaluation of diffusion of high-tech products: morphological analysis

2021 ◽  
pp. 28-32
Author(s):  
Veronika KARKOVSKA ◽  
Nataliia MYROSHCHENKO ◽  
Oksana ZARYTSKA ◽  
Liubov PROKOPYSHYN-RASHKEVYCH
Keyword(s):  
Diffusion Of Innovation ◽  
Morphological Analysis ◽  
Project Managers ◽  
Added Value ◽  
Alternative Methods ◽  
Necessary Condition ◽  
High Tech ◽  
Industrial Enterprises ◽  
Nodal Points ◽  
The Impact

Introduction. The urgency of scientific research is confirmed by the fact that under the conditions of globalization, reform of the national economy, as well as strengthening of integration processes, the level of competitiveness of industrial enterprises is determined by many factors, with innovative activity being the key one. It is thanks to innovations that the business entity has the ability to strengthen its market positions, improve its economic efficiency, and create higher added value. А necessary condition for ensuring a certain level of efficiency of innovation is the dissemination of the results of these activities to the consumer, not just their creation. This purpose can be achieved through the diffusion of innovation results of industrial enterprises. The purpose of paper is to improve the method of diffusion identification during the commercialization of high-tech products of industrial enterprises using morphological analysis. Results. Based on the results of studying the comparative characteristics of alternative methods of assessing the impact of diffusion on the efficiency of commercialization of high-tech products, the authors proved the feasibility of using morphological analysis tools to solve the problem, setting targets, analysis of variants of possible change of parameters of nodal points of object of estimation. To the list of nodal points, in this case, the authors include the volume and the speed of sales of high-tech products, the number of sources of its distribution, as well as the saturation of the market with these products. The parameterization of diffusion characteristics during the commercialization of high-tech products of industrial enterprises is proposed by calculating the market capacity of high-tech products, the indicator of speed (turnover) of its implementation, the coefficient of diversification of sources of distribution of these products in the market, as well as calculating the increments of the corresponding coefficients. Conclusion. The method of diffusion identification during commercialization of high-tech products of industrial enterprises has been improved, which takes into account the tools of morphological analysis and allows commercialization project managers to synthesize factor and result features of diffusion and also allows to establish causal relationships between factor and result features of such diffusion.

scholarly journals The Analysis of the Impact of Different Forms of Technical Re-Equipment on the Level of Industrial Development

2020 ◽  
pp. 066-071
Author(s):  
E. L. Dmitrieva ◽  
◽  
N. V. Moskalenko ◽  
T. N. Sharonina ◽  
◽  
...  
Keyword(s):  
Critical Analysis ◽  
Industrial Development ◽  
Industrial Enterprises ◽  
The Impact

The article presents the results of a critical analysis of the essence and economic content of the category of technical re-equipment of industry. The place and role of technical re-equipment in increasing the efficiency of innovative processes carried out at industrial enterprises have been determined.

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