Ekonomìčnij analìz最新文献

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Analysis of the enterprise's external environment as the main stage of strategy development 分析企业外部环境作为战略制定的主要阶段
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.185
Maryna Zavialova, Olena Magopets, Yurii Bobkov
{"title":"Analysis of the enterprise's external environment as the main stage of strategy development","authors":"Maryna Zavialova, Olena Magopets, Yurii Bobkov","doi":"10.35774/econa2023.02.185","DOIUrl":"https://doi.org/10.35774/econa2023.02.185","url":null,"abstract":"Introduction. The external environment is a source that feeds the organization with the resources necessary to maintain its internal potential at the appropriate level. The organization is in a state of constant exchange with the external environment, thereby ensuring the possibility of survival. But the resources of the environment are unlimited. And many other organizations in the same environment claim them. Therefore, there is always a possibility that the organization will be able to obtain the necessary resources from the external environment. This can weaken its potential and lead to many negative consequences for the organization. The task of strategic management is to ensure such interaction of the organization with the environment, which allowed it to maintain its potential at the level necessary to achieve its goals and thus would give it the opportunity to survive in the long term. Method. The article considers two methods of analyzing the external environment of the enterprise: SWOT analysis, which divides factors into strengths and weaknesses, opportunities and threats, and PEST analysis, which monitors and evaluates political (stability of the political situation, tax policy, level of state influence on the industry , control over quality standards), economic (inflation rate, population income level, production volumes of natural and mineral bottled water, prices for raw materials and energy sources, investments in the industry), social (requirements for product quality, tastes and preferences of the population, population size) and technological factors (technology development in the industry, scientific and technical potential of the country, research and development costs) over which the company has no influence. Results. The study was carried out on the example of Tsarychansky Zavod Minvody LLC. In the process of analyzing the enterprise, the external environment was studied based on six groups of factors: economic, political, market, technological, international status and social behavior. The company's strengths have been identified, which are also competitive advantages: safe product packaging; growth in office consumption of bottled water; a wide range of mineral water; high quality of the product; average price level; use of advanced release automation technologies; Increasing the volume of water sales; increasing the product line; water comes from a well; water has important elements for the human body; water is used for medicinal purposes; the plant produces treated water using the reverse osmosis method; the enterprise is the owner of the main resources for production; wide target audience; delivery of water to offices; the presence of a branded store near enterprises.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"2016 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953329","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
Assessment of the financial stability of insurance companies in Ukraine under new challenges 评估新挑战下乌克兰保险公司的财务稳定性
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.110
Nataliia Prykaziuk, Yullia Shchuka
{"title":"Assessment of the financial stability of insurance companies in Ukraine under new challenges","authors":"Nataliia Prykaziuk, Yullia Shchuka","doi":"10.35774/econa2023.02.110","DOIUrl":"https://doi.org/10.35774/econa2023.02.110","url":null,"abstract":"Introduction. Today, the activities of insurance companies, like any other economic entities, are subject to a number of risks caused by new socio-economic conditions in the world, the existence of a touchless economy, recurring pandemics, and military aggression against Ukraine. Consequently, all these external factors have a certain impact on the stability of individual insurers and the insurance market as a whole. Objective. The objective of this article is to assess the financial stability of insurance companies in Ukraine, determine changes in stability characteristics of insurers of different types based on their key performance indicators, and identify the factors that influenced the formation of stability during turbulent times. To achieve this objective, the following tasks were set: to formulate a methodological toolkit for assessing the financial stability of insurance companies and to conduct relevant calculations for several years in Ukraine. Methods. The study employs a methodological toolkit based on a combination of cluster analysis and multifactor analysis. The research also utilized data standardization methods, exploratory data analysis, correlation matrix construction, variance analysis, and others. Given the increased dynamics of the external environment and the constantly emerging new challenges for determining financially stable insurers, a set of indicators characterizing their activities was used, based on which coefficients were calculated to comprehensively reflect the state of insurance companies and their potential impact on their stability. For the study, over 30 insurance companies that operated in Ukraine as of the end of 2016, 2019, and 2022 were selected. The sample included insurance companies with different characteristics to reflect the situation in the insurance market as a whole, rather than just a specific segment. The initial data were formed by analyzing the reports of insurance companies. Results. As a result of the analysis, the examined insurance companies were divided into two clusters for each year. The first cluster consists of insurers with unsatisfactory indicators, while the second cluster consists of insurance companies with satisfactory coefficient values, thus being more financially stable. It was found that in recent years, there has been a decrease in the number of insurance companies, influenced, among other factors, by the COVID-19 pandemic, economic instability in the country, difficulties in complying with and implementing updated NBU requirements, and challenges in obtaining reinsurance protection and insuring Ukrainians who have emigrated. Moreover, the situation worsened after the introduction of martial law and the start of hostilities on Ukrainian territory. It was also revealed that the financial stability of insurance companies significantly depends on the coefficient of financial autonomy, the coefficient of loan capital concentration, the coefficient of financial dependency, and","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953321","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
Features of the implementation of settlement transactions registrars in Ukraine: accounting and financial aspects 乌克兰结算交易登记机构的实施特点:会计和财务方面
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.209
Iryna Belova, Volodymyr Farion, Oleksiy Yaroshchuk
{"title":"Features of the implementation of settlement transactions registrars in Ukraine: accounting and financial aspects","authors":"Iryna Belova, Volodymyr Farion, Oleksiy Yaroshchuk","doi":"10.35774/econa2023.02.209","DOIUrl":"https://doi.org/10.35774/econa2023.02.209","url":null,"abstract":"The article is devoted to the analysis of the peculiarities of the implementation of settlement transaction registrars in the activities of micro and small businesses, taking into account accounting and financial aspects. The purpose of the article is to study the problematic aspects of the implementation of settlement transaction registrars by individual entrepreneurs in the context of the fight against the shadow economy and the need to increase tax revenues to the budgets of various levels during martial law. Research methods. Empirical research methods are used in the article, which are based on a sociological survey of natural persons-entrepreneurs who are in the second-fourth group of the simplified taxation system for the purpose of determining the problems related to the introduction of PRO/PRRO in business activities; methods of systematization and grouping - for systematization of survey results; methods of generalization and abstraction - for formulating conclusions based on research results. Research results. On the basis of the analysis of the legal requirements for the introduction of the PRO/PRRO and taking into account the results of the conducted sociological survey of individual entrepreneurs, the article proves that one of the main problems of the hostile attitude towards the requirements for the implementation of the PRO/PRRO is the lack of a sufficient level of accounting and digital education, low the level of public trust in the authorities and tax authorities, mental models and reluctance to disclose real business turnover. In order to ensure the mass use of PRO/PRRO to increase the level of income of budgets of various levels and improve the efficiency of business processes, the article proposes to develop special training courses for entrepreneurs on the Diya portal, as well as to increase fines for violations of the use of PRO/PRRO to such a level that would make unfavorable non-payment of a single tax. In the case of establishing the PRO/PRRO and its stable use, the revenues of local budgets from the single tax will be able to increase by UAH 10-15 billion.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953328","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
Management of the development of critical technologies and their significance in the defence capacity of Ukraine 管理关键技术的发展及其对乌克兰国防能力的重要性
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.252
Petro Mykytyuk, Yuliia Mykytyuk
{"title":"Management of the development of critical technologies and their significance in the defence capacity of Ukraine","authors":"Petro Mykytyuk, Yuliia Mykytyuk","doi":"10.35774/econa2023.02.252","DOIUrl":"https://doi.org/10.35774/econa2023.02.252","url":null,"abstract":"Introduction. Today, the scientific and technological sphere has become the main one for Ukraine in the fight against the aggressor - the Russian Federation, and mastering the so-called \"critical technologies\" (СT) is used to expand the capabilities of the defence capabilities and offensive operations of the Armed Forces of Ukraine, and in the post-war period to achieve the goals of national security ones, primarily military, military-economic and scientific-technological security. The goal of the article. The goal of the article is to generalize the world experience in the development of critical technologies (CT), analyze the state of this sphere in Ukraine, and develop proposals for overcoming problems on the way to the development of the scientific and technological sphere of the state. Methods (methodology). In the research the general scientific methods are applied, in particular theoretical generalization - to generalize the features and main directions of the implementation of innovative technologies in the section of the main functional areas of the military-industrial complex; system economic analysis - to assess the state and development of critical technologies to create the latest types of weapons, military equipment and the safety of functioning of the infrastructure. The results. The world experience of introducing critical technologies is considered. The state of development of critical technologies is analyzed as a national priority to ensure Ukraine's defence capability. The proposals for expanding and overcoming problems on the way to the development of the scientific and technological sphere to create weapons and military equipment have been developed. The steps for establishing an effective interaction of science, education and the industrial sector to develop innovative activities in the field of armaments and military equipment have been determined. Provision of quick and effective implementation of critical technologies in the military-industrial production with maximum effect and key tasks of the executive authority are proposed.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953330","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
Development of the intellectual potential of the enterprise in the conditions of modern changes 开发企业在现代变革条件下的智力潜能
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.194
Olha Sobko, Svitlana Stakhurska
{"title":"Development of the intellectual potential of the enterprise in the conditions of modern changes","authors":"Olha Sobko, Svitlana Stakhurska","doi":"10.35774/econa2023.02.194","DOIUrl":"https://doi.org/10.35774/econa2023.02.194","url":null,"abstract":"Introduction. The direction of the development of intellectual potential as a fundamental factor of ensuring the effectiveness of activities at the micro level in the conditions of changes in economic systems is studied. The strengthening of the influence of intellectual capital on the development of the intellectual potential of enterprises has been proven. An analysis of the state and dynamics of the intellectual added value of milk processing enterprises was carried out. Reserves have been established for the development of the intellectual potential of milk processing enterprises based on the improvement of intellectual capital management. The subject of the study is the development of the intellectual potential of the enterprise. The purpose of the study is to analyze the development of the intellectual potential of milk processing enterprises and to identify reserves for its improvement based on the improvement of intellectual capital management in the conditions of modern changes. Method (methodology). In the process of research, a complex of general scientific and special methods was used for the validity of the provisions given in the article, in particular: logical - when substantiating the impact of intellectual capital on the development of the intellectual potential of the enterprise; analysis and synthesis - for evaluating the main approaches to the interpretation of concepts and methods of assessing the amount of intellectual added value; comparison and grouping - for the systematization of indicators used to evaluate the effectiveness of managing the development of the enterprise's intellectual potential; graphic method - for visual representation of the results of analytical studies; abstract-logical - for theoretical generalization and formulation of conclusions. The results. Reserves for the development of intellectual potential based on the improvement of management of the intellectual capital of milk processing enterprises have been identified. It has been proven that intellectual capital is the basis for the development of an enterprise's intellectual potential. The concept of the intellectual potential of the enterprise as an opportunity to create intellectual added value by setting up the production and commercialization of intellectual-intensive products, which ensures innovative business development, has been clarified. Predictive models of changes in intellectual added value for milk processing enterprises were built, as the main indicator of the level of management of the development of intellectual potential. The expediency of intensifying the processes of forming the intellectual capital of milk processing enterprises to increase the flows of intellectual added value is substantiated. Reserves have been established to increase the coefficient of intellectual added value at milk processing enterprises to increase the intellectual capacity of production. Scope of results. Spreading in the practical activities of Ukrain","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"16 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953601","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
Innovative relations as a basis for transformative processes of economic systems 创新关系是经济体制变革过程的基础
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.032
Tetiana Kublikova, Inna Kuznetsova
{"title":"Innovative relations as a basis for transformative processes of economic systems","authors":"Tetiana Kublikova, Inna Kuznetsova","doi":"10.35774/econa2023.02.032","DOIUrl":"https://doi.org/10.35774/econa2023.02.032","url":null,"abstract":"Introduction. In the modern world, economic systems are rapidly changing and developing, requiring the implementation of innovations in all industries. Innovations are expected to contribute to transformative processes, stimulate productivity growth, increase competitiveness, and create new markets. However, innovation relationships may encounter obstacles such as the absence of resources, infrastructure, and legal frameworks. Ukraine has the potential to secure future growth through innovation, but the actual improvement in this area significantly lags behind expectations. It is necessary to conduct an analysis and develop effective strategies for using innovations to support the stable development of economic systems, taking into account the differences in the roles of business, government, and society. The purpose of the article is to investigate the impact of innovative relations on transformational processes in economic systems, analyze global trends in innovation development policy and their determination from the perspective of the systemic stability of the world economy, identify the main problems and risks associated with innovation management. Method (methodology). The study applies a systematic approach, analytical and synthetic methods, the normative legal base and statistical data of the of Global Innovation Index as the information basis. Results. The significance of innovative relationships for the development of economic systems, key problems and challenges they face have been discussed, and recommendations for stimulating innovation in the economy have been proposed. Conclusions. In summarizing the domestic and foreign experience in implementing innovative relations in the economic system, it is worth emphasizing the growing role of such relations in society. They strengthen traditional economic relations as a genetic environment for innovation and promote the development of key features of the post-industrial information economy. In this economy, under the influence of innovations, different scientific fields integrate into a single productive force, there is a transition from real to virtual and computer experiments in all spheres of human activity, and the influence of human labor on the object of labor changes. Innovative relations change the quality of economic growth, provide dynamic transformation of the structure of social wealth, transform the structure of social needs and the world market, significantly change the basis and factors of the competitiveness of the economic system, depending on the forms and types of ownership that develop. They also enhance the communicative-synergetic effect of the economic system and increase its potential for flexibility. The analysis conducted in the article identifies the key features of the post-industrial information economy, as well as the main problems and risks associated with managing innovations and their impact on innovative relations and transformational processes in economic","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953653","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
State policy in the agricultural sector of Ukraine in the context of demographic changes 在人口变化背景下乌克兰农业部门的国家政策
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.025
Volodymyr Halanets
{"title":"State policy in the agricultural sector of Ukraine in the context of demographic changes","authors":"Volodymyr Halanets","doi":"10.35774/econa2023.02.025","DOIUrl":"https://doi.org/10.35774/econa2023.02.025","url":null,"abstract":"Introduction. The agricultural sector has a direct impact on providing Ukraine and the world with grain, oil crops, and food. It is also a source of filling the state budget of Ukraine with currency funds. Taking into account the existing geopolitical circumstances (military aggression of Russia against Ukraine) – it plays an important role in ensuring national and global food security. The state of agricultural development, which has been formed over the past decades, is directly related to the policy pursued by the state in the agrarian sector of the economy. Purpose. The purpose of the article is to generalize the theoretical foundations and practical approaches to solving the problem of employment in the countryside, which existed before and new ones that began to arise as a result of structural reforms of the economy of Ukraine and directly in its agrarian sector. Method (methodology). The following scientific methods of knowledge are used in the article: the method of system analysis, the statistical, abstract-logical method when summarizing the changes that occurred in the number of employed rural population during the structural reforms of the economy in general and the agrarian sector in particular; induction and deduction when justifying the further policy of state regulation with the aim support of the agrarian sector of the economy for the future. Results. The changes that occurred during the transformations of the agrarian sector of the economy are summarized, in particular in the number and structure of the population employed in agriculture, their wages; crisis demographic trends are noted. The priority areas of implementation of state support for the agricultural sector have been determined. Priority measures to ensure the employment of the rural population are proposed and substantiated. It was determined that there is an urgent need to modernize the state regulatory policy in the agrarian sector of the Ukrainian economy. It should include the following components: development of small and medium-sized enterprises in the agricultural sector; development and support of agricultural cooperation; promotion of diversification of employment of the rural population; development and implementation of modernization programs and creation of new jobs; increasing the income level of the rural population; creation of favorable living conditions and reproduction of the labor potential of the rural population; development of local infrastructure.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135954897","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
Algorithm of stress testing of business risks 业务风险压力测试算法
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.01.331
Alla Tkachenko
{"title":"Algorithm of stress testing of business risks","authors":"Alla Tkachenko","doi":"10.35774/econa2023.01.331","DOIUrl":"https://doi.org/10.35774/econa2023.01.331","url":null,"abstract":"The article states that the functioning of business in the VUCA environment, when the existing methods and mechanisms of enterprise risk management are no longer fully adequate to new realities and modern challenges, raises the question of the need, along with standard risk management tools, to apply the latest tools that can not only minimise their impact, change business models and approaches to the implementation of business processes, but also transform business to new levels. It is substantiated that one of such tools, which has already proven itself in the financial sector, is stress testing of risks. Its advantages are briefly described and it is noted that stress testing is effective only if it is systematic. Haphazardness, uncertainty of its place in business management and lack of a clear algorithm for its implementation lead to insufficiently accurate results, which complicates the adoption of correct management decisions to prevent or minimise risks. The article considers approaches to stress testing: \"bottom-up approach and top-down approach. Their advantages and disadvantages and conditions of application are emphasised. The author also focuses on the methods of stress testing. It is proved that the choice of a particular stress testing method by a business should be individual. Each business structure should develop its own procedure for conducting stress testing and implement its own models for analysing the impact of various risk factors on the financial result, taking into account the individuality, specifics of its activities, the mechanism for ensuring economic security and the procedure for making managerial decisions. An algorithm (stage) of stress testing of entrepreneurial risks is proposed, which provides for a sequence of actions at each stage of stress testing. The necessity of stress testing the stress resistance of each of the structural units of companies is emphasised, which will ensure a quick response of business to possible threats and challenges in the early stages. The expediency of presenting a detailed description of possible scenarios and consequences in case of their occurrence in the stress testing report is substantiated.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135101436","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
Use of smart contracts in the energy market of Ukraine 在乌克兰能源市场使用智能合约
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.247
Olha Zavytii
{"title":"Use of smart contracts in the energy market of Ukraine","authors":"Olha Zavytii","doi":"10.35774/econa2023.02.247","DOIUrl":"https://doi.org/10.35774/econa2023.02.247","url":null,"abstract":"The article examines the possibility of increasing the attractiveness of international investments in the Ukrainian solar industry. The nature of alternative energy concepts is studied. A significant place of alternative energy sources in the general system of electricity production. The potential of using solar energy in Ukraine was assessed. The feasibility of using blockchain technology in energy. The advantages and disadvantages of using smart contracts in solar power plant projects to improve the innovation climate in the solar energy sector of Ukraine have been identified.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"15 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953320","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
Problems of agency costs in construction corporations 建筑企业代理成本问题
Ekonomìčnij analìz Pub Date : 2023-01-01 DOI: 10.35774/econa2023.02.222
Ruslan Brukhansky, Vasyl Tsaruk
{"title":"Problems of agency costs in construction corporations","authors":"Ruslan Brukhansky, Vasyl Tsaruk","doi":"10.35774/econa2023.02.222","DOIUrl":"https://doi.org/10.35774/econa2023.02.222","url":null,"abstract":"The article reflects the results of research on the identification and delineation of the problem of agency costs in construction corporations of Ukraine from the standpoint of neo-institutional theory and its separate element - agency theory. The evolution of scientists' views on the emergence of the agency problem in corporations is analyzed. The main approaches to solving the agency problem are differentiated. The conditions for reducing agent opportunism and increasing the efficiency of corporate management are outlined. Ways to minimize the negative impact of the agency problem in the corporate governance system are analyzed. Attention is focused on the negative impact of information asymmetry between principals and agents. It was determined that the application of certain methods of minimizing agency costs in integration with other mechanisms is not always able to generate a net positive effect for the corporation, sometimes leading to an increase in the costs of their implementation and causing excessive regulation of the activities of agents. The probability of manipulation of the spectrum of financial reporting indicators with the help of accounting policy tools and creative practices is emphasized, which is a consequence of the generation of an agency problem between users of accounting and analytical information and the subjects of its formation. It has been proven that the combination of internal and external corporate management tools will contribute to mitigating the consequences of the agency problem, without providing a full solution to it, since a certain range of tools, methods and measures are optimal only for a specific corporation in a certain period of time. The procedure for implementing a range of mechanisms and methods for minimizing agency costs and consequences of the agency problem is recommended to be carried out taking into account existing practices, as well as the results of monitoring the economic and informational environment of the corporation, which will ultimately contribute to the formation of their optimal combination. The vectors of minimization of agency costs and the consequences of the agency problem in the management system of construction corporations from the accounting point of view are determined. A matrix classification of approaches to solving the consequences of the agency problem and minimizing agency costs in construction corporations has been formed. Based on the application of the provisions of the neo-institutional theory in order to minimize agency costs and the consequences of the agency problem, the priority directions for strengthening the effectiveness of corporate management in the context of improving the system of its accounting and analytical support are determined.","PeriodicalId":476765,"journal":{"name":"Ekonomìčnij analìz","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135953323","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
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