{"title":"IMPACT OF GREEN SPACES ON HOUSE PRICES","authors":"Aistė Gaižauskienė","doi":"10.3846/mla.2023.16969","DOIUrl":"https://doi.org/10.3846/mla.2023.16969","url":null,"abstract":"Studies around the world have shown that urban green spaces have a positive effect on house prices. The economic benefits of green spaces are an issue that still needs to be addressed. When analyzing scientific literature, it is problematic to compare studies on the influence of green spaces on house prices, due to the absence of a unified assessment system. Working on studies examining a similar categorisation of green spaces, the application of the same assessment methods and the use of a common set of variables would allow for more detailed and accurate analyses. Therefore, the aim of the work is to identify the categories of green spaces and the method of evaluation, which most accurately describes the impact of urban green spaces on housing prices. This work examined 8 studies, most of which were carried out in Europe. An analysis of studies has shown that the most commonly used method for determining the impact of green spaces on house prices is the hedonistic pricing method. When analyzing literature it was noticed that quite often the influence on the price of housing was measured only from a few types of green spaces, although the classification of green spaces is very wide. Most often, the studies did not analyse the sources of noise and pollution. Inclusion of these factors in the assessment would allow comparing the significance of noise and pollution sources and green spaces for the population. An analysis of studies has shown the importance of distance to the city center. In view of the shortcomings of the studies examined, a categorisation of green spaces and related elements has been brought up, which is proposed to be used in further studies on the impact of green spaces on the price of housing.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"34 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78425150","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":"ANALYSIS OF PUBLIC PROCUREMENT FOR BUILDING CONTRACTS","authors":"Arvydas Vilkonis","doi":"10.3846/mla.2023.16913","DOIUrl":"https://doi.org/10.3846/mla.2023.16913","url":null,"abstract":"Rapidly rising prices of construction materials and machinery in the construction market are also pushing up the cost of construction service. The main problem is that construction investment projects have been prepared and contracts between Contractors and Customers have been concluded at previous price and it is therefore necessary to look for opportunities to index the price of the construction contracts. The aim of the study is to analyse the procurement documents for construction contracts published on the Central Public Procurement Portal between 2019 and 2021. The analysis focuses on the pricing selection and price conversion options for public procurement documents for construction contract works. The economic and global geopolitical situation in the construction sector is reviewed. The critical situation in the construction sector due to the drastic increase in the cost of construction materials creates a risk that some contractors may not be able to complete their works in accordance with the signed construction contract. The essence of the article is to propose to the contracting authorities, following an analysis of the procurement documents for construction contracts, solutions to the problem by adding conditions to the procurement documents which will help to minimise the possibility of disputes between the contractors and the client.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"7 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"91242065","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 CONCEPT OF THE DIGITAL TWIN OF THE BUILT ENVIRONMENT","authors":"Eva Grigorjeva","doi":"10.3846/mla.2023.16975","DOIUrl":"https://doi.org/10.3846/mla.2023.16975","url":null,"abstract":"The built environment is an area where there are buildings and other objects that meet people’s needs. One of the ways to differentiate people’s needs and satisfy them in real time is to use a digital twin (DT). The digitalization of the construction process uses building information modeling (BIM) methodology. When BIM is applied from the very beginning of the idea of implementing an object of the built environment, information about the object begins to be accumulated from the very beginning of the object’s life cycle. Accumulating information about the object is particularly important to extract the best version of the DT model. It is also important to understand that it is not enough to have a real object and digital information about it. The digital twin will work if information links between the real and virtual environment are provided.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85328155","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":"ANALYSIS OF REINFORCEMENT PRESTRESSING IMPACT ON THE BEARING CAPACITY OF THE DAPPED-ENDS","authors":"Vilius Masėnas","doi":"10.3846/mla.2023.17031","DOIUrl":"https://doi.org/10.3846/mla.2023.17031","url":null,"abstract":"The article analyzes a prestressed reinforced concrete dapped-end beam of a rectangular cross-section. The negative effect of reinforcement prestressing on the bearing capacity of the dapped-end is analyzed. The numerical beam model is made based on an experiment and a nonlinear analysis is performed using the DIANA FEA software package to determine the effect of different intensity of reinforcement prestressing on the bearing capacity of the dapped-end beam. The results are compared with analytical calculations and the behavior described in the literature. The prestressing of the reinforcement is shown to reduce the bearing capacity of the dapped-end when tensioned reinforcement is not extended to the end of the beam above the notch. The load capacity of the numerical model is reduced by 9.67% and reduced by 25% based on analytical calculations. When designing dapped-end beams, it is necessary to assess the effect of reinforcement prestressing on the bearing capacity and cracking.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"95 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-03-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80977384","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":"APPLICABILITY OF BANKRUPTCY PROBABILITY ASSESSMENT MODELS TO FINANCIAL SECTOR COMPANIES","authors":"Giedrė Grikietytė, A. Mačiulytė-Šniukienė","doi":"10.3846/mla.2023.17761","DOIUrl":"https://doi.org/10.3846/mla.2023.17761","url":null,"abstract":"Anticipating the likelihood of bankruptcy is essential for every business. Nevertheless, one of the most critical sectors of the economy is the financial sector. The bankruptcy of a company in the financial industry affects both individuals, businesses, and organizations, negatively impacting the economy. Therefore, it is essential to anticipate the likelihood of bankruptcy of companies in the financial sector and make management decisions to avoid the risk of bankruptcy. There are many methodologies for analyzing and predicting corporate bankruptcy that differ in content, number, and accuracy of measurable indicators, so it is crucial to identify which model is most appropriate for assessing the risk of corporate bankruptcy in a particular sector. Given that the financial sector plays a crucial role in economic development and that the consequences of their bankruptcy are harrowing, the aim is to identify the most sensitive model to the risk of bankruptcy in this sector. To achieve this goal, we reveal the concept of bankruptcy, present the internal and external causes of bankruptcy, and systematize the results of bankruptcy risk research of companies in the financial sector. Bankruptcy probability assessment models are also presented and compared, and their applicability to the financial industry is discussed. An analysis of the literature revealed that the most commonly used models for assessing the bankruptcy risk of companies in the financial sector are the Altman Z Index, the Ohlson O Index, and the Zmijewski X Index. After applying these models in the case of three banks (SEB bank, UAB Medicinos bank, and General Financing bank) using 2021. The Altman Z model found that the most sensitive bankruptcy predictor was the probability of bankruptcy.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"5 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"84289898","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":"FACTORS INFLUENCING THE ASSESSMENT OF AIRLINE BUSINESS CONTINUITY DECISIONS IN THE CONTEXT OF EMERGENCIES","authors":"M. Movsesjan, Živilė Jezerskė","doi":"10.3846/mla.2023.17713","DOIUrl":"https://doi.org/10.3846/mla.2023.17713","url":null,"abstract":"Air transport is a sector that connects the world in the most unique and safest way, creating huge value for the global economy. Airlines are a key component of this sector. Air disasters, terrorist attacks or a pandemic can bring airlines to the brink of bankruptcy. These emergencies create the need for an airline to have an emergency plan in place to ensure business continuity. Drawing on specific literature, the factors influencing the assessment of airline business continuity decisions are examined in the context of COVID-19. The study seeks to find out what the airlines’ intentions were when making strategic decisions. The study analyses the decisions taken by the airlines in order to achieve business continuity, using a systematic approach, combined with a case study approach, and systematises the factors influencing the evaluation of the decisions. The use of a multi-criteria evaluation approach allowed the solutions to be ranked according to their evaluation results.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"17 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87154603","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":"RESEARCH ON THE IMPACT OF FINANCIAL TECHNOLOGIES COMPANIES ON COMMERCIAL BANKS FINANCIAL RESULTS","authors":"Birutė Versockytė, Daiva Burkšaitienė","doi":"10.3846/mla.2023.17772","DOIUrl":"https://doi.org/10.3846/mla.2023.17772","url":null,"abstract":"Financial technologies have evolved rapidly over the last decade and have adapted easily and quickly to consumer needs. Financial technology has encouraged commercial banks to innovate their systems and opened doors for new companies in the financial sector. Today, fintech services are widely used around the world, and fintech companies presents low-cost, in-demand and userfriendly products, so it is important to evaluate the impact of financial technologies companies to commercial banks performance and financial ratios. This article examines the concept of financial technology, the impact on banks’ financial performance, and the advantages and disadvantages of financial technology. In the analytical part, using the TOPSIS method, three of the ten companies with the largest number of payment transactions were identified as having the greatest impact on the activities of commercial banks. Regression and correlation analysis is used to evaluate technology companies impact on banks performance.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"30 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87000361","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":"GLOBAL CHIP SUPPLY ENSUREMENT DURING THE SHORT PERIOD","authors":"Miglė Burneckytė, Asta Vasiliauskaitė","doi":"10.3846/mla.2022.17785","DOIUrl":"https://doi.org/10.3846/mla.2022.17785","url":null,"abstract":"The COVID-19 pandemic has disrupted the global chip supply chain. Shortage of electronic components was first noticed in car factories, and then in the entire electronics industry. The US, Taiwan and China are the largest markets for semiconductor manufacturers, which are no longer able to meet the everincreasing demand for chips. Lack of production capacity is mostly felt by consumers of final products. Ensuring a steady supply of chips is an important task for major manufacturers. In order to ensure the supply of chips, it is important to establish criteria by which semiconductor manufacturing countries can be arranged. The ranking will help identify the countries that are worth investing the most in the short term. The European Union, the United States and major telecommunications companies will invest billions of dollars in 2022 to replenish the market. The article analyzes the criteria for investing in chipproducing countries. The main focus of this analysis is the chip supply chain. Each of the analyzed countries has at least one stage of chip production: design, manufacturing or assembly. Data analyzed: gross domestic product, net exports, price of one dollar in relation to the national currency, monthly average wages, Oxford COVID-19 government response severity index and semiconductor export volume. These criteria allow us to rank countries from the most attractive to the least attractive for investment. The TOPSIS method was chosen for ranking, but comparative data analysis and analysis of scientific literature and other sources of information were also applied. Method principle, formulas and application – to be described. It was determined which country is the most favorable for short-term investments, taking into account the given criteria.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"15 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76999690","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":"STRATEGIC ANALYSIS OF DUOLINGO LANGUAGE LEARNING PLATFORM","authors":"Agnė Sakalauskė, Virginija Leonavičiūtė","doi":"10.3846/mla.2022.17731","DOIUrl":"https://doi.org/10.3846/mla.2022.17731","url":null,"abstract":"The rising number of Internet and mobile device users influence the growing demand for educational technology solutions. Duolingo is a commercial language learning platform that offers courses on the web and a mobile app, launched in 2012 as a free website with the goal of addressing social inequalities in education. This article aims to analyze the company’s strategic capabilities which led to Duolingo being the top grossing education app since 2019. The evaluation was carried out by using methods of SWOT, VRIO, and Porter’s Five Forces analyses. The results suggest that Duolingo targeted a wide market segment and developed an attractive product by gamifying the learning process, thus securing a large share of the market in a competitive sector by taking advantage of technological advancement and social media.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"22 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86945426","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":"PECULIARITIES OF COMPETITIVENESS ASSESSMENT OF AIRLINES","authors":"A. Tamošiūnas, Dominik Kitkovskij","doi":"10.3846/mla.2022.17696","DOIUrl":"https://doi.org/10.3846/mla.2022.17696","url":null,"abstract":"The current state of the aviation market is characterized by intense competition and rapid change, brought about by deregulation, rapid technological development, industrial consolidation, and innovation. One of the key players in the aviation sector is airlines. In such a competitive environment, airlines that can adapt and change in the market gain a competitive advantage over other airlines, which is key to success. This article is aimed at understanding the concept behind competitive advantage, identifying the main business models in the commercial airline industry as well as finding the optimal competitiveness evaluation method and using it to assess the airline competitiveness.","PeriodicalId":30324,"journal":{"name":"Mokslas Lietuvos Ateitis","volume":"26 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2022-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88959109","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}