Green, Blue & Digital Economy Journal最新文献

{"title":"EUROPEAN REMIT REGULATION AS THE LATEST DETERMINANT OF CORPORATE RISK MANAGEMENT STRATEGIES IN ENERGY SECTOR","authors":"M. Rushkovskyi, D. Rasshyvalov","doi":"10.30525/2661-5169/2022-1-7","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-7","url":null,"abstract":"The purpose of the paper is to summarize and present the fundamental trends of the past few decades related to the financial crisis of 2008 and growing integration of European sovereign economies, including the integration of energy markets, that led to development of regulation of relationships and preventing manipulation in such markets. This regulation has become a powerful new determinant for the European multinational enterprises of the energy sector (MNE) when developing their own risk management strategies. Methodology. The analysis is based on the recent studies of the pan-European power exchange company Nord Pool Group, international organization Energy Community and relevant regulations and recommendations of the European Parliament and of the Council and European Union Agency for the Cooperation of Energy Regulators. Results of the analysis showed the growing demand for transparency and stability in the European wholesale energy markets. This demand was reflected in the EU Regulation 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT) that was adopted by the European Parliament and the Council of the EU in 2011. While REMIT Regulation, on one hand, provides reliable and equal conditions for MNE, on the other hand, it increases the risk and burden of REMIT compliance obligations for such MNE. The consequences of misconduct can potentially be serious – both high fines and personal liability of MNE employees. Today the European multinational enterprises of the energy sector must develop the respective risk management strategies to ensure effective governance of this type of risks. Practical implications. MNE participants of the EU energy market should develop efficient risk management strategies to comply with REMIT requirements, in addition to existing commitments on the transparency of the Third Package. The REMIT compliance risk management strategies will support MNE market participants in complying with rules and policies, creating a secure structure for employees of such enterprises and promoting fair and equal conditions for trade, trusting the energy market. Furthermore, proper REMIT compliance risk management strategy will help to avoid or minimize the risk of fines and other regulatory sanctions and potential civil lawsuits. It will also help to avoid or minimize the risk of reputation loss, such as negative media reviews or poor customer experience. Value/originality. The conducted analysis provides deep understanding of the main drivers of the European wholesale energy markets regulations that create a compelling determinant for the risk management strategies of multinational enterprises of the energy sector. Ukraine has committed itself to the Energy Community to implement the REMIT Regulation in its regulatory field, which increases the relevance of developing appropriate multinational enterprises risk management strategies within the country.","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114543151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"DEVELOPMENT OF THE MODERN MARKET OF BIOENERGY – THE DRIVER IN INCREASED COMPETITIVENESS OF THE UKRAINIAN ECONOMY","authors":"N. Hryshchuk","doi":"10.30525/2661-5169/2022-1-3","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-3","url":null,"abstract":"The purpose of the work is to study the development of the bioenergy market to determine its role and place in increasing the competitiveness of the Ukrainian economy, to determine the priority financial programs for financing alternative energy. Methodology. Theoretical and methodological basis of the study are general and special methods of scientific knowledge: generalization, analogy, analysis and synthesis, induction and deduction (to clarify the conceptual apparatus, theoretical generalizations of research results, conclusions and proposals); economic-statistical, tabular research method is used. Results. Theoretical, methodological approaches to the development of bioenergy are substantiated. The understanding of the essence of the concept of \"bioenergy\" is revealed and the ecological-economic and legal aspects of development of the agricultural sector of the economy on the basis of combination of economic and ecological interests are analyzed. Analytical assessment of the types of financial security showed that attracting different types of financial resources will improve the ability to gain a competitive position in the bioenergy market. Practical consequences. According to the results of the research, priority areas for improvement have been identified. Bioenergy crops are an important component of Ukraine's bioenergy potential. Their cultivation will have a number of positive effects, including: replacement of natural gas, which will improve the balance of payments of our state; the possibility of reducing the heat tariff, which will contribute to economic security, through a balanced and sound public policy to support economic activity and implement the proposed recommendations for businesses and authorities.","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"138 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121331077","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"CRIMINAL LIABILITY FOR SMUGGLING OF GOODS: UKRAINIAN PROSPECTS AND FOREIGN EXPERIENCE","authors":"O. Makarova","doi":"10.30525/2661-5169/2022-1-5","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-5","url":null,"abstract":"The purpose of this article is to determine the prospects and economic consequences of the introduction of criminal liability for violation of customs regulations and to study foreign experience in this matter. The closer Ukrainian legislation is to the legislation of neighboring countries in the customs sphere, the more effective the fight against cross-border crime will be. The aim of this research is to compare the attitude to smuggling of goods in different countries and to reveal the future effect of criminal liability for smuggling of goods. Research methodology. In this paper a theoretical research method was used. We were studying published academic journals, legislation and databases. Correlation analysis method was used to determine the strength of the relationship between the smuggling liability and budget revenues. Also we used the results of the questionnaire between the professional exporters and importers. The result of this study is the conclusion that granting smuggling the status of a criminal offense will give more opportunities for Ukrainian law enforcement agencies to more thoroughly investigate this type of crime, will give more opportunities for international cooperation and cooperation in combating cross-border crimes. Practical implications of launching the criminal liability for smuggling of goods will give our country the chance to widen the borders of smuggling investigation, to fulfill the state budget with increasing customs revenues and to prevent dishonest enterprisers from smuggling of goods instead of goods’ pure declaring. Value/originality. After the beginning of Russian aggression against Ukraine, the State Budget of Ukraine stopped receiving customs revenues because of international trade blocking. Still Ukraine as a state must think of renovation of its economy and trade, that’s why customs regulations and violation of customs rules are still very important for fiscal policy of the country. Researching of criminal liability for violation of customs rules is not the new theme, but making comparison to European legislation and the US experience contributes to the developing of Ukraine national research school of customs affairs with the relevant data, examples of customs regulations and prospects for the national economy.","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129398483","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"DEVELOPMENT AND STRENGTHENING THE INSTITUTE OF TAX CONSULTANTS IN THE TAX SYSTEM OF UKRAINE","authors":"Nataliia Holovchenko, O. Holovchenko","doi":"10.30525/2661-5169/2022-1-2","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-2","url":null,"abstract":"The purpose of this article is to formulate the main prerequisites and economic consequences of strengthening the institute of tax consultants in the tax system of Ukraine, to substantiate the importance of tax counseling as a separate profes-sion, as well as to determine the cross-functional role of tax consultants in inter-action with taxpayers, fiscal authorities and the government, according the world trends in tax consulting. Methodology. The research is based on the analysis of specialized scientific sources of international researchers and practitioners who have been studying the issues of tax consulting as a separate type of professional activity for the last 30 years. Based on the analysis, using general scientific meth-ods – analysis, synthesis, generalization, abstraction – the conclusions of the study were made, which can be interpolated into the Ukrainian business envi-ronment. Results of research showed the importance and role of tax advisers in modern tax systems. Based on the research, it is proved that tax advisers can perform different functions (acting in different roles) on the interaction between taxpayers, fiscal authorities and the government. They are qualified representa-tives for taxpayers in solving certain problems in the field of taxation, including in matters of tax planning and optimization of tax payments. At the same time, tax advisers are important as intermediaries, arbitrators, regulators in relations between taxpayers and the government, as well as they act as agents of fiscal bodies on tax compliance of taxpayers. The importance of tax counseling for dif-ferent subjects of the tax system is determined for: taxpayers, fiscal authorities and the government. Further research in the field of tax consulting is proposed to focus on the formulation of ethical principles of tax consultants, which, according to world practice, have a great importance in their activities. It is also proposed at the legislative level to consolidate the legal status and responsibility of tax ad-visers. This is proposed to be done by establishing the procedure for document-ing the consultations provided, establishing the legal responsibility of the con-sultant for poor-quality services, which is a separate important area of further research. Practical implications. In the article the necessity of development of tax consulting institute in Ukraine on the basis of implementation of relevant interna-tional standards and practices is substantiated. The functions (roles) of tax con-sultants in the tax system of the country and their interaction with taxpayers, fis-cal authorities and the government are defined. Value/originality. The corre-spondence between the world practice of tax consulting and the Ukrainian legal framework allowed to show serious gaps in local legislation and tax awareness of taxpayers, which should be corrected ASAP.","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114412833","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"THE PRACTICE OF HOUSEHOLD EXPENDITURE IN UKRAINE: FACTOR ANALYSIS AND ESTIMATE","authors":"A. Sydorchuk","doi":"10.30525/2661-5169/2022-1-8","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-8","url":null,"abstract":"The purpose of the paper is research practice of household expenditure in Ukraine and factor analysis of the impact on ones. The indicators for estimating household expenditure allow finding how their financial stability has changed over ten years (from 2010 to 2020). Methodology. The results of the study were obtained after analysing the indicators of household expenditure (from 2010 to 2020). In the course of research, an analysis, synthesis as methods of theoretical knowledge of phenomena has been used. Comparisons and measurements are used as empirical methods for the conducted research. Results of the research showed that on average per month per household expenditure increased 3 times for the period 2010–2020. Despite this practice, no significant changes have taken place in their structure – about 90% of ones are spent on the consumption of goods and services. Proposed relative indicators for estimating household expenditure (Food cost ratio coefficient (C_fe) and Engel's coefficient (C_е)) showed a decrease in their values in 2020 compared to 2010. Calculated linear functions of the dependence of household expenditure show the amount of their income had a greater impact on expenditure than the change in prices for goods and services. This indicates a deterioration in the financial stability of domestic households. Practical implications. For conducting research and substantiation of relevant conclusions, the indicators of household expenditure for ten years have been analyzed (from 2010 to 2020). Value/originality. The researched relative coefficients C_fe and C_е expand the methodological basis for estimating the financial stability of households through the prism of their expenditure.","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134280510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"SPECIFICITY OF ORGANIC PRODUCTION IN UKRAINE AND ITS INFLUENCE ON THE FORMATION OF RELATED COSTS","authors":"Ludmila Markevich","doi":"10.30525/2661-5169/2022-1-6","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-6","url":null,"abstract":"The rapid development of organic production contributes to the improvement of the existing accounting system, which should reflect all the necessary information for management decisions. The purpose of the scientific publication is to study the organizational and technological features of organic production and their impact on the formation of related costs to identify problematic accounting aspects in the context of European integration. The research of opinions of modern scientists on actual questions of the account of manufacture of organic products is analyzed. The current state of development of the European consumer market of organic production is considered, it is noted that the active development of organic production in Ukraine contributes to its long-term success in the organic market of Europe. It is established that organic agricultural production in Ukraine is one of the main directions of development of the agricultural sector of the economy, the article identifies priority areas for achieving strategic goals of the state. The objects of accounting for the costs of organic production enterprises are revealed, their main characteristics are indicated. It is established that the system of accounting for the costs of organic enterprises should be uniform, so it must take into account the standards of organic production, production technology, the requirements of current legislation on production, circulation and labeling of organic products. The study analyzes that in recent decades, completely new methods of cost accounting and costing systems for organic products, which can be divided into three groups. The components of accounting and analytical support for information support and management of costs for the production of organic products are detailed. The specific features that affect the organization of accounting support for organic production are outlined, the main aspects are indicated. The article describes the structured methods of the concept of cost management through appropriate budget planning and regulatory cost accounting, the methods presented include basic principles. The need to reflect in the indicators of financial statements accounting data on the costs of organic production has been confirmed. According to the results of the study, the need to develop methodological tools for accounting for organic production was determined. With the development of organic production, an accounting system should be properly organized, which will help provide users with timely and accurate information on the production, storage and sale of organic agricultural products. It is established that the correct organization of accounting for production costs, in an organic enterprise, should ensure the efficiency and reliability of the entire management system, in particular to enable prompt receipt of true and complete accounting information about costs. The objects of accounting for the costs of organic production enterprises have been","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"97 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128191246","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"ECOLOGICAL AND ECONOMIC ASPECTS OF EXPENDITURE OF HUNTING FARMS IN ZAPORIZHZHIA REGION","authors":"Tetiana Yavorska, Olha Sobolevska","doi":"10.30525/2661-5169/2022-1-9","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-9","url":null,"abstract":"The purpose of the article is to study the composition and cost structure of hunting farms in the Zaporizhzhia region and consider the economic and environmental aspects of their formation. The method of analysis and synthesis revealed the dynamics of changes in the costs of hunting farms over five years (2015, 2016, 2017, 2018, 2019). Using the method of comparison, the main trends in the change of individual loss items are identified. Methodology. The classification of costs, their dynamics and structure on 37 hunting farms of Zaporizhzhia region are given. The studied farms differ in different forms of use of hunting grounds. Thus, as of January 1, 2020, 6 farms were part of the Ukrainian Society of Hunters and Fishermen, 20 - belonged to the enterprises of the State Forestry Agency of Ukraine, the remaining 11 - were part of other private and public hunting organizations. A vertical and horizontal analysis of costs was conducted, which revealed an increase in their volume throughout the structure, without significant changes in the structure itself. There is a tendency to reduce the share of costs for the protection, reproduction and accounting of wild animals and the management of hunting grounds. Instead, the costs of maintaining the current activities of hunting farms are increasing. The results of the study showed that the main part of the costs of hunting farms in Zaporizhzhia region (almost 80%) consists of the cost of wages and a single social contribution, operation and maintenance of vehicles, hunting buildings and structures and costs associated with the purchase of weapons, ammunition and other costs. The costs of environmental activities are decreasing, among which the costs of biotechnical measures play an important role. The share of expenditures on biotechnical measures for the conservation and reproduction of wild animals in total expenditures decreased from 14.5% in 2015 to 11.8% in 2019. Practical consequences. The study found that the current costly model of hunting in the Zaporizhzhia region, and in Ukraine as a whole, does not meet market relations and inhibits the development of effective economic and environmental hunting. Its formation was influenced by the following factors: imperfection of hunting legislation; non-compliance with European standards; excessive number of hunting grounds in use and lack of a clear mechanism for payment for their use; poaching; lack of programs for breeding wild animals, control of predators and clear requirements for the hunting service; low level of hunting culture and ethics. The current hostilities in the Zaporizhzhia region further complicate the environmental situation. Value/originality. Economic evaluation of hunting farms should take into account, in addition to estimating the direct costs and revenues of hunting farms, their total environmental, economic and social role. This is confirmed by foreign experience. For its implementation there is a need to develop a new methodology","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"71 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127377552","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"MAIN WAYS TO INCREASE INVESTMENT EFFICIENCY OF AGRICULTURAL SECTOR DEVELOPMENT","authors":"Hanna Kalashnykova","doi":"10.30525/2661-5169/2022-1-4","DOIUrl":"https://doi.org/10.30525/2661-5169/2022-1-4","url":null,"abstract":"The purpose of the article is to identify ways to increase investment efficiency of the agricultural sector, identify factors influencing the formation of investment potential of the sector, which will outline the components of investment support models for the development of the agricultural sector. Methodology. The expediency of using the method of principal components is proved, which will solve the problem, because, unlike others, it allows to combine disparate indicators, is able to identify a sufficient number of characteristic factors in factor analysis and has other advantages over simple methods of factor analysis. The initial data were the indicators of investment activity of the agricultural sector of Ukraine for the period 2017-2022. The calculations were performed using the software product Statistica 10.0. Results. The use of the main components method allowed to identify four main directions of improving the investment efficiency of the agricultural sector, in particular, «investment architecture», «balancing the investment product», «investment climate» and «stimulating investment activity». Practical implications. The practical significance of the results is short- and medium-term prospects, the success of the new system of investment support for agricultural development will combine infrastructure for investment and the formation of growth points that are attractive to investors and eliminate barriers to investment between investors and Ukrainian companies. Value/originality. The new model of investment support for the development of the agricultural sector will have the above components and will provide a rationale for choosing priority areas of investment, investment sources, investor selection, identifying investment instruments, forecasting investment for the new period with analysis of previous performance.","PeriodicalId":207929,"journal":{"name":"Green, Blue & Digital Economy Journal","volume":"255 10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1970-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115354947","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}