Globalization and Business最新文献_第9页

ANALYSIS OF THE CAPITAL STRUCTURE FORMATION: THE CASE OF GEORGIAN IT COMPANIES 资本结构形成分析:以格鲁吉亚it公司为例

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.023

Grigoriy Gurbanov

{"title":"ANALYSIS OF THE CAPITAL STRUCTURE FORMATION: THE CASE OF GEORGIAN IT COMPANIES","authors":"Grigoriy Gurbanov","doi":"10.35945/gb.2021.11.023","DOIUrl":"https://doi.org/10.35945/gb.2021.11.023","url":null,"abstract":"Any country’s economy benefits significantly from the sector of information technologies. As the data demonstrate, the global information technology market has not only remained stable, but is expected to expand in 2021 due to changes in social life, employment, and education caused by the global COVID-19 virus pandemic. While information technology is vital to any country’s advancement, its growth in developing countries is being hindered by lack of skilled labour force, underdeveloped market infrastructure, insufficient financial mechanisms to stimulate innovative projects, and weak legislative framework. IT companies are characterized by a high degree of risk and uncertainty, a reliance on external sources of financing in the early stages, and an unattractiveness to conservative investors. In this regard, the issue of capital formation for innovative companies in the IT sector to ensure their effective functioning becomes especially important. The purpose of this study is to analyze the formation of financial sources and capital structure of Georgian IT companies based on the analysis of 50 IT companies in Georgia. The analysis is based on the usage of the main financial ratios of companies’ performance, taking into account the specifics of the IT sector companies. The study revealed that the capital structure of Georgian information technology firms is more consistent with the Pecking order theory, with almost no long-term loans and a small share of short-term loans. Equity and retained earnings are the primary sources of funding for IT businesses. This was supported by the legal exemption of corporations from income tax payments in the case of net profit non-distribution.","PeriodicalId":272914,"journal":{"name":"Globalization and Business","volume":"29 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125963521","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}

引用次数: 1

THE MAIN CHALLENGES OF DIGITAL COMMERCE IN THE CONDITIONS OF "COVID-19" 新冠肺炎疫情下数字商务面临的主要挑战

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.020

Tamar Makasarashvili, G. Giguashvili

引用次数: 2

HUMAN RESOURCE AND PECULIARITIES OF INCOME DISTRIBUTION 人力资源与收入分配的特殊性

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.014

R. Otinashvili

{"title":"HUMAN RESOURCE AND PECULIARITIES OF INCOME DISTRIBUTION","authors":"R. Otinashvili","doi":"10.35945/gb.2021.11.014","DOIUrl":"https://doi.org/10.35945/gb.2021.11.014","url":null,"abstract":"The country's leading factor in human development that is a human resource. It is the creator of everything and it is necessary to create a law and protect human resource. People need to implement, pursue the economic policy and ensure business efficiency. That functions, to prevent crime and to restore order. Man builds the country, but to build well, knowledge is needed and knowledge needs education. Humans capital is a body of knowledge and includes philosophical, social, economic and psychological aspects. This term dates from the eighty-seventh year of the twentieth century to its end. It is founder is Nobel Prize Laureate G. Becker. Human capital consists of: educational, professional-quality , information-cultural and social connections. Among them, the capital of the Social Union dominates in the conditions of Georgia. According to the GAERO, Georgia ranks 61st out of 189 countries in the Human Development Index. Human resources determine a person’s income. It is important to note that human capital is one of the main causes of income inequality. We differ from each other in terms of data and capabilities. It’s important that state should have a fair social-economic environment, which gives all possible conditions to citizens for the realization of opportunity","PeriodicalId":272914,"journal":{"name":"Globalization and Business","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132211819","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}

引用次数: 0

MACROPRUDENTIAL AND MONETARY POLICY TRANSMISSION ISSUES 宏观审慎和货币政策传导问题

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.009

Nino Zhorzhikashvili

引用次数: 0

PROSPECTS FOR DEEPENING TRADE AND ECONOMIC RELATIONS BETWEEN GEORGIA AND THE EUROPEAN UNION 深化格鲁吉亚与欧洲联盟之间贸易和经济关系的前景

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.006

Ekaterine Udesiani

{"title":"PROSPECTS FOR DEEPENING TRADE AND ECONOMIC RELATIONS BETWEEN GEORGIA AND THE EUROPEAN UNION","authors":"Ekaterine Udesiani","doi":"10.35945/gb.2021.11.006","DOIUrl":"https://doi.org/10.35945/gb.2021.11.006","url":null,"abstract":"The association agreement aims at developing political and economic relations between European Union and Georgia. By association agreement Georgia has received a huge opportunity to become a competitive member of the European Union market and with Deep and Comprehensive Free Trade Area (DCFTA) preferences, introduce Georgian products at the world market with zero customs charge. DCFTA includes a wide range of issues concerning trade and considers gradual approximation of Georgian legislation to EU legislation. DCFTA implies liberalization of both goods and service trade. It gives\u0000Georgia a chance to receive all four EU freedoms from EU internal market: goods, service, capital and free movement of persons on EU territory (based on the liberalization of visa regime).\u0000And yet, what is DCFTA for Georgia: A special trade regime which, if used correctly, can significantly improve investment potential of Georgia and steadily develop the economy of the country; The preference which can ensure the growth of competitiveness of Georgian products and the demand for products produced in Georgia; The agreement which gives the Georgian side a very good chance to increase the volume of export with EU countries and significantly improve negative balance of\u0000trade; The regime which gives Georgian products a chance to enter EU with zero Customs charge and establish themselves at one of the largest world markets, which unites 500 million consumers and 21 million small and medium enterprises.","PeriodicalId":272914,"journal":{"name":"Globalization and Business","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130868360","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}

引用次数: 0

SOME ASPECTS OF MACROECONOMIC STABILITY AND TRANSFORMATION (EXAMPLE OF POLAND AND GEORGIA) 宏观经济稳定和转型的某些方面(以波兰和格鲁吉亚为例)

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.004

G. Karmowska, N. Mikiashvili

{"title":"SOME ASPECTS OF MACROECONOMIC STABILITY AND TRANSFORMATION (EXAMPLE OF POLAND AND GEORGIA)","authors":"G. Karmowska, N. Mikiashvili","doi":"10.35945/gb.2021.11.004","DOIUrl":"https://doi.org/10.35945/gb.2021.11.004","url":null,"abstract":"The most distinctive shifts in the economic system began at the end of the last century, in the form of economic formation transformation, one of the most important political and economic processes. This process affected certain group of countries, which had to transform into the market economy. Thus, there was an inevitable necessity to adjust the macroeconomic policy and regulation. This paper aims is to describe and analyze the difficulties, problems and challenges that occurred during the last years. We will try to focus on issues of macroeconomic stability and the role of a government in\u0000the sustainable development of the country for example Poland and Georgia. The paper highlights the importance of stability of the economy for Poland and Georgia. The paper describes the current economic situation and its short-term perspectives\u0000by using the Economic Discomfort Index and uses the Rule of Law Index to identify the degree of realization of the state functions to develop the legislative base, improve the competitive environment, etc. The aspects of macroeconomic stability\u0000and transformation are considered on the example of the economics of Poland and Georgia, with the former one being and the latter making efforts to become the EU member.","PeriodicalId":272914,"journal":{"name":"Globalization and Business","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-07-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130352985","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}

引用次数: 0

THE METHODS OF TEACHING AND LEARNING IN THE ASPECT OF SYNERGISTIC THEORY 协同理论方面的教与学方法

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.015

Neli Sesadze, V. Sesadze, Anzori Kevkhishvili

引用次数: 1

TOWARD THE INTRODUCTION OF TOURISM SATELLITE ACCOUNT–CASE STUDY GEORGIA 迈向引进旅游卫星账户-个案研究格鲁吉亚

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945//gb.2021.11.018

Giorgi Bregadze

引用次数: 0

TARIFFS IN ENERGY: CURRENT FACTORS AND THE CONCEPT OF CHANGE 能源关税:当前因素和变化的概念

Globalization and Business Pub Date : 2021-07-05 DOI: 10.35945/gb.2021.11.011

Demur Chomakhidze