Economics, Econometrics and Finance › Economics and Econometrics

Economic and Business Development Strategies

Works Count: 40421

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This cluster of papers covers a wide range of topics related to sustainable development, economic management, and environmental responsibility. It includes research on resource efficiency, green economy, innovation culture, global value chains, renewable energy sources, artificial intelligence, and economic security. The papers also delve into the management of agricultural enterprises and environmental activities to ensure sustainable development.

Keywords

Sustainable Development; Resource Efficiency; Green Economy; Innovation Culture; Environmental Management; Global Value Chain; Renewable Energy Sources; Artificial Intelligence; Economic Security; Agricultural Enterprises

Strategy: Seeking and securing competitive advantage

1993-02-01

Cynthia A. Montgomery , Michael E. Porter

Inventory of generally accepted accounting principles for business enterprises

1965-01-01

Paul Grady

Strategic management : concepts

2001-01-01

Fred R. David

INTRODUCTION. How to Analyze a Business Policy Case. Instructions for Using The Strategy Formulator Software. I. OVERVIEW OF STRATEGIC MANAGEMENT. 1. The Nature of Strategic Management. II. STRATEGY FORMULATION. 2. … INTRODUCTION. How to Analyze a Business Policy Case. Instructions for Using The Strategy Formulator Software. I. OVERVIEW OF STRATEGIC MANAGEMENT. 1. The Nature of Strategic Management. II. STRATEGY FORMULATION. 2. The Business Mission. 3. The External Assessment. 4. The Internal Assessment. 5. Strategies in Action. 6. Strategy Analysis and Choice. III. STRATEGY IMPLEMENTATION. 7. Implementing Strategies: Management Issues. 8. Implementing Strategies: Marketing, Finance/Accounting, R&D, and CIS Issues. IV. STRATEGY EVALUATION. 9. Strategy Review, Evaluation, and Control. Name Index. Subject Index. Company index.

Concepts of strategic management

1987-01-01

Fred R. David

A component of Strategic Management by the same author, this text focuses on the study of concepts involved in strategic management. It incorporates three themes: globalization, the natural environment and … A component of Strategic Management by the same author, this text focuses on the study of concepts involved in strategic management. It incorporates three themes: globalization, the natural environment and technology, and presents concepts in strategy formulation, implementation and evaluation.

Modern competitive analysis

1999-10-01

M. Sharon Oster

This revised edition presents an up-to-date analysis of management strategy, integrating a wide spectrum of ideas. Using many examples from organizations and non-profit groups, the text uses recent theories to … This revised edition presents an up-to-date analysis of management strategy, integrating a wide spectrum of ideas. Using many examples from organizations and non-profit groups, the text uses recent theories to illuminate situations faced by businesses today. It provides more material on organizational behaviour and global strategies, and covers new, important areas of economics not often treated in management texts. The book is couched in clear terminology that makes the concepts readily accessible to postgraduate students and managers alike.

Managerial accounting

1989-12-01

Richard Wilson

The Effect of a Market Orientation on Business Profitability

1990-10-01

John C. Narver , Stanley F. Slater

Marketing academicians and practitioners have been observing for more than three decades that business performance is affected by market orientation, yet to date there has been no valid measure of … Marketing academicians and practitioners have been observing for more than three decades that business performance is affected by market orientation, yet to date there has been no valid measure of a market orientation and hence no systematic analysis of its effect on a business's performance. The authors report the development of a valid measure of market orientation and analyze its effect on a business's profitability. Using a sample of 140 business units consisting of commodity products businesses and noncommodity businesses, they find a substantial positive effect of a market orientation on the profitability of both types of businesses.

Selection of construction enterprises management strategy based on the SWOT and multi-criteria analysis

2011-01-01

Edmundas Kazimieras Zavadskas , Zenonas Turskis , Jolanta Tamošaitienė

The Relationship between Entrepreneurship, Innovation and Sustainable Development. Research on European Union Countries

2012-01-01

Mihaela Kardos

The nexus of entrepreneurship, innovation and sustainable development is a subject of great interest nowadays, as society is looking for solutions leading to sustainable development. Given this context, the paper … The nexus of entrepreneurship, innovation and sustainable development is a subject of great interest nowadays, as society is looking for solutions leading to sustainable development. Given this context, the paper aims to put in connection sustainable entrepreneurship and sustainable development from both the perspectives of conceptual reflection in literature and a research on the European Union countries. The methodology is based on methods of analysis and synthesis, of interpretation and relevant comparisons. The research results point out that sustainable entrepreneurship, seen through the perspective of innovative SMEs, as considered in the research, is part of the support system for sustainable development, as entrepreneurial enterprises are increasingly recognized as a driving force for innovation and competitiveness, as one of the keys to achieving sustainable development. The research may be particularly important for both researchers and policy makers and offers opportunities for future studies on the subject.

The Influence of the Employee's Performance on the Company's Growth - A Managerial Perspective

2012-01-01

Raluca Ioana Vosloban

It is well known that the companies which know how to use and invest in their resources can grow faster, making from this a business strategy on the emerging markets. … It is well known that the companies which know how to use and invest in their resources can grow faster, making from this a business strategy on the emerging markets. This is mainly considered a managerial responsibility and the results depend not only on management's capabilities, but also on the hired employees. We can discuss here about the performance management concept, which is mandatory to be put into practice when referring to the company's most important resource – the employee. Thus, a high performing employee will be targeted to remain within the company as long as possible for the benefits he brings and for the positive image he creates. But together with high performance, also the expectations increase, for both the employee and employer. This paper aims to underline those aspects that influence employees' performance, the strategies that are being used to stimulate their potential and to retain them, to show how their performance results contribute to company's growth and development, as well as management's implication in this process. This exploratory study was conducted among 13 managers from different companies in Bucharest, with three hypotheses tested and confirmed.

Human Resources Key Performance Indicators

2012-03-30

Iveta Gabčanová

The article brings out a proposed strategy map and respective key performance indicators (KPIs) in human resources (HR).The article provides an overview of how HR activities are supported in order … The article brings out a proposed strategy map and respective key performance indicators (KPIs) in human resources (HR).The article provides an overview of how HR activities are supported in order to reach the partial goals of HR as defined in the strategic map.Overall the aim of the paper is to show the possibilities of using the modern Balanced Scorecard method in human capital.

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Development of market orientation and competitiveness of Ukrainian firms

2000-10-01

Irina Akimova

Recent studies have reflected the need to investigate the development of market orientation in the transitional economies under conditions of economic decline and great systemic change. However, the relationship between … Recent studies have reflected the need to investigate the development of market orientation in the transitional economies under conditions of economic decline and great systemic change. However, the relationship between the level of market orientation and firm’s competitiveness in a turbulent environment has not been analysed. Personal interviews conducted with 221 managers of Ukrainian enterprises provided data to investigate the level of the development of market orientation and competitiveness. Managers’ attitudes toward marketing are used to create a typology of marketing approaches in the Ukraine. Competitiveness is measured as a multi‐dimensional concept using variables of organisational adaptability to the changes in business environment, advantages across the marketing mix and performance indicators as the dimensions. The results of the study suggest that the level of a firm’s competitiveness in the turbulent environment of a transitional economy is associated with the level of the development of market orientation.

DEVELOPING A LOGISTICS CAPABILITY TO IMPROVE THE PERFORMANCE OF INTERNATIONAL OPERATIONS

1997-01-01

Stanley E. Fawcett , Linda L. Stanley , Sheldon R. Smith

Competitive Advantage Achievement through Innovation and Knowledge

2013-03-22

Hana Urbancová

In today's highly competitive environment the goal of each organisation is to defeat competition and win new customers.Individuals who are holders of knowledge represent a tool for the generation of … In today's highly competitive environment the goal of each organisation is to defeat competition and win new customers.Individuals who are holders of knowledge represent a tool for the generation of innovations.Thanks to their personal creativity, their knowledge, skills and abilities it is possible to generate new innovative ideas that will help organisations to achieve a competitive advantage.The aim of the article is to present the findings of a survey targeted at innovations and to identify knowledge as an important element in the process of innovations.Primary data were obtained through a questionnaire survey carried out in organisations in the Czech Republic and evaluated using the tools of descriptive statistics and also the methods of comparison, induction, deduction and synthesis were applied.One of the conclusions of the article is that organisations find it important to innovate and support an innovative culture.Knowledge too is very significant in the innovation process since it represents not only important input, but also output of the transformation process.

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Strategic Planning and Business Performance of Micro, Small and Medium-Sized Enterprises

2013-12-30

Karel Skokan , Pawliczek Adam , Piszczur Radomir

This paper deals with issues of strategic management, particularly strategic planning and its beneficial effect on the overall performance of businesses.It is based on empirical results of the original research … This paper deals with issues of strategic management, particularly strategic planning and its beneficial effect on the overall performance of businesses.It is based on empirical results of the original research study called Adaptability of Enterprises to Contemporary Economic Conditions in Years 2007-2012 performed via questionnaire survey in three rounds during years 2011, 2012 and 2013.The analyses presented in the paper were conducted on the second round sample of 677 organizations operating mostly in the SME sector in the Czech and Slovak Republic.The interdependence between the level of strategic planning (existence of strategy in the form of written document and its extent) and enterprise performance criteria (turnover, costs, profit, EVA, investments, period of arranged contracts) is examined with the use of four hypotheses.The results are commented and discussed.The outcome is the apparent positive impact of full strategic document on the performance criteria of the businesses.

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Corporate takeovers: causes and consequences

1989-01-01

PUBLIC ACCEPTABILITY OF TRANSPORT PRICING.

1997-10-01

Bernhard Schlag , Ulf Teubel

Does Individual Resilience Influence Entrepreneurial Success

2016-05-01

Rosemary Fisher , Alex Maritz , António Lobo

INTRODUCTION Resilience is emerging as a critical phenomenon in entrepreneurship with entrepreneurs, academics, journalists and bloggers pointing to its importance to success (Suster, 2009, Featherstone, 2009, Hedner et al., 2011, … INTRODUCTION Resilience is emerging as a critical phenomenon in entrepreneurship with entrepreneurs, academics, journalists and bloggers pointing to its importance to success (Suster, 2009, Featherstone, 2009, Hedner et al., 2011, Francis, 2014, Jozefak, 2011). However, resilience is a term with multiple definitions applicable to literatures as diverse such as mechanics, scientific methods, psychology, manufacturing, social research, climate change, and sustainability science causing some to question its status as a fashionable buzz-word (Alexander, 2013). Bergstrom and Dekker (2014) note that resilience is a fractal phenomenon whose recognisable and recurring features vary at spatial scales of micro (human), meso (organisations), macro (societal) and cross-scale (social-ecological). Within domain of entrepreneurship, entrepreneurial resilience is variously conceptualised as a phenomenon associated with distinct aspects of entrepreneurship, most frequently individual, venture, and team (Hayward et al., 2010, Hedner et al., 2011, Hmieleski and Carr, 2008). This multiplicity of conceptualisations mirrors that of other domains and presents a challenge to field in measuring, understanding and therefore enhancing entrepreneurial resilience for benefit of community. In response to evolution, and broad adoption/adaption, of resilience across many domains Masten (2014, p. 6) has recently redefined resilience as the capacity of a dynamic system to adapt successfully to disturbances that threaten system function, viability, or development. Building on this definition, Bergstrom and Dekker (2014) open path for entrepreneurship scholars to develop an agreed conceptualisation of resilience at each spatial scale of interest (for example: entrepreneur, venture, team, society or social-ecological) to facilitate its operationalization in research. Accordingly, term entrepreneurial resilience could remain as Welsh (2014) suggests, a metaphor for any experience of recovery or bouncing back after adversity at any spatial or temporal scale whether that be individual, team, venture, society or business/ecological system/subsystem. Entrepreneurship scholars could hone definition, measurement and research of resilience at each scale thereby building body of unambiguous knowledge regarding experience of resilience in differing contexts of entrepreneurship, ultimately providing an agreed conceptualisation and operationalization for each spatial scale of interest. In this paper, resilience is examined at Bergstrom and Dekker's micro level (2014) entrepreneur. The search for character, trait or situational premise that explains capacity of a person to function effectively in face of adversity, stress, and uncertainty of entrepreneurship, and which differentiates them from non-entrepreneurs, has generated considerable discussion (Alvarez, 2005, Gartner, 1988, Sarasvathy, 2004, Miller, 2015). The lens of individual level resilience provides explanatory value as to why some individuals, and not others, are able to develop successful new ventures (Hmieleski and Carr, 2008, Baron, 2002) providing impetus to bring teaching and development of resilience into entrepreneurship curriculum (Awogbenle and Iwuamadi, 2010, Morris et al., 2013, Duening, 2010). The objective of this research is to test if an operationalized, well accepted conceptualisation of individual level resilience can be used to predict entrepreneurial success and therefore offer field a conceptualization for use in theory building and future research around resilience in entrepreneurs. To do so, differences between level of resilience displayed in entrepreneur and other populations, and role of individual level resilience in entrepreneurial success, are investigated. Findings suggest that individual level resilience in entrepreneurs can be conceptualised as hardiness and persistence, does predict entrepreneurial success when indicated by individual level variables, and can be adequately captured by Connor-Davidson Resilience Scale (10-item). …

The definition and classification of innovation

2017-04-01

Timur Kogabayev , Antanas Maziliauskas

Abstract The paper presents the different definitions of innovation; the objective of the research being that of creating a theoretical model building on the previous work of several authors. The … Abstract The paper presents the different definitions of innovation; the objective of the research being that of creating a theoretical model building on the previous work of several authors. The aim of the research is to define the different models, classifications and definitions of innovation. In this article we made use of a wide range of bibliographical sources on innovation, efficiency and also used comparative analysis of innovation definitions. Theoretical concepts were studied as well. The approach was constructed based on theoretical models of innovation definitions and used the technology and market perspectives. The main methods employed were comparative analysis of definitions of innovation and the creation of a model of innovation. It has been emphasized in the literature that the role of innovation is very important for making decisions regarding investment projects or investments for production. Innovation can bring benefits such as saving time, costs, and products and use them more effectively. Nowadays in the world, innovation is one of the most important factors of economic development, production, creation of a variety of products and in making management decisions. Innovation activity stimulates and has a positive effect also in investment activity. Innovation is the core action for the development and productivity of any economic activity. Investment activity and its results are directly dependent on the type of innovation that has been used. An important range of literature sources refer to innovation efficiency measurement criteria, which are in most cases related to product, technology (process) and market. The use of a number of different measurement indicators is leading to the need for further examination of the innovation-business performance relationship. Our findings have let us distinguish five major groups of criteria where various factors could be allocated. To the three groups (product, market and process) we allocate two additional groups: finance and management. Innovation plays an important role in the efficiency of investments in an organization, forms of business activity and state policy in the field of business and design.

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Sustainable development of global entrepreneurship: infrastructure and perspectives

2018-05-20

Irina А. Morozova , Elena G. Popkova , Tatiana N. Litvinova

SUSTAINABLE TOURISM—UNSUSTAINABLE DEVELOPMENT

2005-10-05

The Role of Green Economy in Sustainable Development (Case Study: The EU States)

2019-03-01

Olga Lavrinenko , Svetlana Ignatjeva , Alina Ohotina +2 more

The analysis of various "green" concepts has historically been linked to a broader discussion of the relationship between sustainable development and the environment.Some authors believe that the solution to the … The analysis of various "green" concepts has historically been linked to a broader discussion of the relationship between sustainable development and the environment.Some authors believe that the solution to the problem of the impact on the planet's environment is to reduce the level of economic activity, which would mean severe restrictions in the use of resources.Others think that economic activity can continue to grow, but with less impact on the environment; some experts claim that it is quite possible to achieve a balance between economic growth and care for the planet and people.In this context, it is necessary to use a new paradigm that clearly states that "environment" and" economic growth" cannot be seen as conflicting goals, which is confirmed by the authors of the article who studied the situation in the EU countries in the period 2016-2017.

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Analysis and Comparison of Economic and Financial Risk Sources in SMEs of the Visegrad Group and Serbia

2019-03-28

Judit Oláh , Sándor Kovács , Zuzana Virglerová +3 more

Risk management is one of the most important internal process, not only in large companies but also in small and medium-sized enterprises (SMEs). To identify the source of risk can … Risk management is one of the most important internal process, not only in large companies but also in small and medium-sized enterprises (SMEs). To identify the source of risk can be crucial in all companies. The primary objective of this study is to analyze and compare the economic and financial risk sources in SMEs of the V4 (Visegrad Group: Czech Republic, Hungary, Poland and Slovakia) and Serbia, in the context of the business environment of the countries analyzed. To achieve this goal, a questionnaire-based survey was carried out involving 2110 SMEs from Hungary, Poland, Slovakia, the Czech Republic, and Serbia. The questionnaire included questions about the importance of risks and the concept of risk management in the company. To test the formulated hypotheses, the following statistical tools were used: contingency tables, a Z-value, and a general non-hierarchical log-linear model with three categorical variables and a continuous covariate. Finally, the differences among V4 countries and Serbia were identified. Serbia is more vulnerable to the financial risk sources studied than the V4 countries. The result of the research shows that insufficient profit is more hazardous compared to the other risk sources and all countries are more vulnerable in in this issue. The article concludes with a discussion and a comparison with previous international researches.

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Forming Professional Mobility in Future Agricultural Specialists: the Sociohistorical Context

2019-12-20

Irina Gerasymova , Borys Maksymchuk , Marianna Bilozerova +4 more

The current research implies that the process of forming professional mobility in future agricultural specialists can be effective due to students' awareness of the sociohistorical characteristics of developing agriculture in … The current research implies that the process of forming professional mobility in future agricultural specialists can be effective due to students' awareness of the sociohistorical characteristics of developing agriculture in Ukraine, starting from the primitive times up till now; understanding of the connection between the manifestation of professional mobility and self-realization of specialists; provision of pedagogical support to sustain continuing education and professional self-improvement of future specialists.The research aims to theoretically justify the sociohistorical background of forming professional mobility in future agricultural specialists.Research methods include interrelated theoretical methods such as retrospective analysis, comparison and synthesis of scientific sources on the problem under study.The study concludes that it is necessary to provide theoretical, methodical and methodological support for the process of forming professional mobility in future agricultural specialists, developing the technologies for forming professional mobility with an emphasis on those qualities that were highlighted when analyzing the sociohistorical characteristics of agriculture development.

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Management of the sustainable development of machine-building enterprises: a sustainable development space approach

2020-06-26

О. Латышева , Viktoriia Rovenska , Iryna Smyrnova +3 more

Purpose The paper embarks on the development of theory and methodology for managing the sustainable development of machine-building enterprises through the use of quantitative modeling tools. The article proposes an … Purpose The paper embarks on the development of theory and methodology for managing the sustainable development of machine-building enterprises through the use of quantitative modeling tools. The article proposes an algorithm for estimating the position of an enterprise in its competitive space for sustainable development. Design/methodology/approach The three dimensions of sustainability (social, economic, environmental) are represented by the equations based on the multiple criteria of sustainability. The three-dimensional space is constructed and the effects of managerial decisions can be quantified in terms of the latter space. Findings The proposed model is applied in the case of Ukrainian machinery construction company. The effects of introduction of the environmentally friendly business strategy are assessed in the three-dimensional sustainability space. The changes in the level of sustainability can be estimated based on the projected changes in the criteria of sustainability. Originality/value The proposed methodology combines expert knowledge, empirical data and quantitative methods in order to quantify the level of sustainability of enterprises. The model can be extended to include additional dimensions and applied to different empirical cases.

Green Economy in Sustainable Development and Improvement of Resource Efficiency

2020-12-22

Inesa Mikhno , Viktor Koval , Galyna Shvets +2 more

In the expansion of volumes of industrial production, there is an increase of anthropogenic influence and deterioration of the external environment that became the reason for the impossibility of a … In the expansion of volumes of industrial production, there is an increase of anthropogenic influence and deterioration of the external environment that became the reason for the impossibility of a functioning market system without taking into account negative externalities. The article considers the directions and principles of a “green economy” functioning as the basis for further development of society. The current state and trends of the impact of environmental factors on other indicators of quality of life have been analysed and comparative analysis has been made on the example of developed and developing countries. Effective indices and instruments of influence on the level of ecological and economic development and main tendencies and problems arising at the introduction of “green economy”, have been considered. The use of indicators that take into account negative externalities, such as the Pigouvian tax, has been demonstrated to be more visible than widely used indices. The losses from the negative impact on the resulting economic indicators have been analysed, and a significant decrease in the per capita GDP level has been proved with the extensive development of the economy.Implications for Central European audience: This paper aims to contribute to the development of a green economy as part of a policy aimed at reducing environmental risks in the process of economic growth. The proposed indicators and tools for influencing the level of environmental and economic development arising from the implementation of the “green economy” as the main vector of sustainable development, which can be used further research and development and can be implemented by European companies.

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Economists as Innovators: Practical Products of Theoretical Research

1988-01-01

Gerald R. Faulhaber , William J. Baumöl

Objectives of Financial Reporting by Business Enterprises

2012-01-15

Rinku Rinku , Kunti Kunti

Conceptual Framework for Financial Reporting: 1989, 2010, 2018

2020-01-01

Lyudmyla Shkulipa

This book focuses on the theoretical comparison of the new Conceptual Framework (2018) and the preceding Frameworks (1989, 2010) of the IASB to grasp the extent of revisions and the … This book focuses on the theoretical comparison of the new Conceptual Framework (2018) and the preceding Frameworks (1989, 2010) of the IASB to grasp the extent of revisions and the effects of the major changes to some implications towards the future direction of financial reporting. It was found that this document is of high importance for all the stakeholders of accounting and financial reporting, and this is to be used as the main guide for developing future standards or reviewing existing standards and reporting financial statements. The main purpose of financial statements is not only to provide reliable information about the financial position, results of operations and changes in the financial position of the company but also to show the results of the activities of the company’s management in operating business. This is one of the major changes in accounting issues because users of financial reports currently need the information to help them assess management’s stewardship.

DEFINITION, DEVELOPMENT, ASSESSMENT OF SOFT SKILLS AND THEIR ROLE FOR THE QUALITY OF ORGANIZATIONS AND ENTERPRISES

2016-03-01

Barbara Cimatti

Sustainable Natural Resource Management to Ensure Strategic Environmental Development

2021-07-28

Viktor Koval , Inesa Mikhno , Iryna Udovychenko +2 more

The article reveals the issue of irrational use of natural resources in Ukraine that affects public health, population working ability and macroeconomic performance. It has been found that heavier responsibility … The article reveals the issue of irrational use of natural resources in Ukraine that affects public health, population working ability and macroeconomic performance. It has been found that heavier responsibility of each individual and changes in values can improve the current situation. It is concluded that the general utility function can be increased by rational nature management and implementation of the development strategy minimizing such negative risk factors as ecological state deterioration, inefficient functioning of the healthcare system, excessive use of chemical compounds while producing agricultural products, etc. The key in the study is the formation of a holistic view of the relationship between pollution and the state of the environment and harm to public health based on the analysis of rational nature management and environmental pollution and their negative impact on environmental health. A model has been developed that takes into account the negative environmental impact on health and the investment that is necessary to be healthy and stay productive.

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Economic Mechanism of Optimizing the Innovation Investment Program of the Development of Agro-Industrial Production

2021-06-16

Katarína Brocková , Volodymyr Rossokha , Vitalii Chaban +3 more

The efficiency of innovation activities of agro-industrial enterprises is provided by the choice of the optimal innovation-investment program, which consists of a set of innovative projects and the appropriate amount … The efficiency of innovation activities of agro-industrial enterprises is provided by the choice of the optimal innovation-investment program, which consists of a set of innovative projects and the appropriate amount of money needed for their implementation. At the same time, given the limited financial resources required for the development of production, it is important to form an optimal set of projects by allocating funds not to local projects, but to the entire innovation and investment program as a whole. In this regard, the article aims to form an effective innovation-investment program of the development of agro-industrial enterprises based on modeling the choice of the optimal set of projects of the development of new innovative products and projects of the introduction of ready innovations on the market. To achieve this goal, the following research methods were used: systems analysis, economic and mathematical modeling, abstract-logical method, graphical method. According to the research results the proposed economic-mathematical model can be used in the process of choosing an innovative strategy of the development of agro-industrial production, as well as to form targeted programs of innovative development and investment support of agro-industrial enterprises as a whole.

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ECONOMIC ANALYSIS OF NATURAL DISASTERS

2002-03-11

Richard S.J. Tol , Frank P. M. Leek

Other chapters in this volume examine in detail the impact of (changes in) specific extreme weather events for a number of case studies. Tol (Chapter 13, this volume) discusses the … Other chapters in this volume examine in detail the impact of (changes in) specific extreme weather events for a number of case studies. Tol (Chapter 13, this volume) discusses the implications of changes in extreme weather for the insurance industry. This chapter has a broader goal: the impact of weather disasters and disaster management on the economy as a whole, in both the short and the long term. The literature pays little attention to this complicated issue, so most of the analysis below is original. It should be noted that the larger part of the discussion in this chapter is strictly economic. Attention is restricted to the impact of (changes in) extreme weather on the economy through the loss and reallocation of economic assets (see also Zeckhauser, 1996).

Foreign Direct Investment in the Real and Financial Sector of Industrial Countries

2003-01-01

Heinz Herrmann , Robert E. Lipsey

Strategic Orientation of the Firm and New Product Performance

1997-02-01

Hubert Gatignon , Jean-Marc Xuereb

This research seeks to understand which of three different strategic orientations of the firm (customer, competitive, and technological orientations) is more appropriate, when, and why, in the context of developing … This research seeks to understand which of three different strategic orientations of the firm (customer, competitive, and technological orientations) is more appropriate, when, and why, in the context of developing product innovations.We propose a structural model of the impact of the strategic orientation of the firm on the performance of a new product.This impact is hypothesized to occur as a chain of events.Strategic orientation is viewed first as an antecedent of the characteristics of the innovation marketed by the firm.The subsequent market performance of the innovation is hypothesized to be a function of both the innovation's characteristics and the firm's strategic orientation.The ability of the firm to take advanta ge of its orientation to market,the innovation succesfully is also hypothesized to be moderated by the firm's environment.The results provide evidence for best practices as follows.(1) A firm wishing to develop an innovation superior to the competition must have a strong technological orientation.(2) A competitive orientation in high growth markets is useful because it enables firms to develop innovations with lower costs, a critical element of success.(3) Firms should be consumer oriented and technology oriented in markets where demand is relatively uncertain.These orientations together lead to products which perform better.and the firm will be able to market innovations better, thereby achieving a superior level of performance.(4) A competitive orientation is useful to market innovations when demand is not too uncertain but should be de- emphasized in highly uncertain markets.In short, these results suggest that the appropriateness of a 6ven strategic orientation, even a customer orientiation, is not unconditional.

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IS CEO PAY IN HIGH-TECHNOLOGY FIRMS RELATED TO INNOVATION?

2000-12-01

David B. Balkin , Gideon D. Markman , Luis R. Gómez‐Mejía

JOURNAL OF OPERATIONS MANAGEMENT

2020-03-11

As trade barriers have been reduced and IT and logistics technologies have improved, buyer-supplier relationships increasingly involve not only domestic partners but also international partners (Joshi, 2009;Kaufmann and Carter, 2006).Many … As trade barriers have been reduced and IT and logistics technologies have improved, buyer-supplier relationships increasingly involve not only domestic partners but also international partners (Joshi, 2009;Kaufmann and Carter, 2006).Many firms in developed countries establish buyer-supplier relationships with firms from emerging economies such as China.According to the U.S. Department of Commerce (2007), U.S. automakers imported $ 8.5 billion worth of Chinese automotive parts in 2007, making China the fourth largest source of auto parts after Mexico, Canada, and Japan.How to effectively manage domestic and international buyer-supplier relationships thus represents a major challenge for many firms.Control mechanisms in interfirm cooperation -structural arrangements deployed to regulate partners' behavior -greatly influence the success of buyer-supplier relationships (Fryxell et al., 2002).Choosing effective control mechanisms is a must when managing these interorganizational relationships (Jap and Ganesan, 2000).There are two broad categories of control mechanisms:(1) formal control (which primarily relies on contracts) and (2) social control (which primarily relies on informal means) (Dyer and Singh, 1998;Uzzi, 1997).The existing literature has focused on two crucial questions: (1) What are the antecedents that lead to the adoption of formal control, social control, or both in domestic and international buyer-supplier relationships?(2) What is the nature of the relationship between formal control and social control in explaining cooperation performance-are they substitutes or complements?Addressing the first question, the existing literature has generally adopted transaction cost economics (TCE) as its underlying paradigm (Williamson, 1985;Wuyts and Geyskens, 2005).It is mainly because TCE focuses on the make-or-buy decision, which is crucial in buyer-supplier relationships (Williamson, 2008).Researchers in this stream assume that minimizing transaction costs is the fundamental driver for firms to adopt various control mechanisms in interfirm exchanges (Poppo and Zenger, 2002).Thus, several transaction cost factors have been identified as antecedents of control mechanisms, including asset specificity, environmental uncertainty, and behavioral uncertainty (Beckman et al.,

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Technical and Strategic Human Resources Management Effectiveness as Determinants of Firm Performance

1997-02-01

Mark A. Huselid , Susan E. Jackson , Randall S. Schüler

COMPENSATION COMMITTEE COMPOSITION AS A DETERMINANT OF CEO COMPENSATION.

1998-04-01

Catherine M. Daily , J. L. Johnson , Alan E. Ellstrand +1 more

Modern management control systems : text and cases

1997-01-01

Kenneth A. Merchant

I. THE CONTROL FUNCTION OF MANAGEMENT. 1. Management and Control. II. CONTROL ALTERNATIVES AND THEIR EFFECTS. 2. Action Controls. 3. Results Controls. 4. Personnel and Cultural Controls. 5. Control Tightness … I. THE CONTROL FUNCTION OF MANAGEMENT. 1. Management and Control. II. CONTROL ALTERNATIVES AND THEIR EFFECTS. 2. Action Controls. 3. Results Controls. 4. Personnel and Cultural Controls. 5. Control Tightness (or Looseness). 6. Direct and Indirect Control System Costs. 7. Designing and Evaluating Control Systems. III. FINANCIAL RESULTS CONTROL SYSTEMS. 8. Financial Responsibility Centers. 9. Planning and Budgeting Systems. 10. Financial Performance Targets. 11. Performance-Dependent Rewards (and Punishments). IV. COMMON PROBLEM AREAS IN FINANCIAL-RESULTS-CONTROL. 12. Accounting Performance Measures and the Myopia Problem. 13. Limitations of ROI-Type Performance Measures. 14. Using Financial Results Controls on the Presence of Uncontrollable Factors. 15. The Transfer Pricing Problem. V. IMPORTANT CONTROL ROLES AND ETHICAL ISSUES. 16. Controllers, Auditors, and Boards of Directors. 17. Management Control-Related Ethical Issues and Analyses. VI. SIGNIFICANT SITUATIONAL INFLUENCES ON MANAGEMENT CONTROL SYSTEMS. 18. Influences of Uncertainty/Programmability, Diversification Strategy, and Business Strategy on MCSs. 19. Control in International and Multinational Corporations. 20. Control in Not-for-Profit Organizations.

Essentials of managerial finance

2006-01-01

Lawrence J. Gitman

Organizational Capability as a Source of Profit

1996-01-01

David J. Collis

Business Reputation of a Social Entrepreneurship Entity: Conceptual Basis of the Concept

2025-06-24

T. V. Varkulevich , Tatyana V. Varkulevich | Management Sciences

The article examines the conceptual apparatus of business reputation and analyzes its key features in the field of social entrepreneurship. Particular attention is paid to the role of business reputation … The article examines the conceptual apparatus of business reputation and analyzes its key features in the field of social entrepreneurship. Particular attention is paid to the role of business reputation in strengthening ties between social entrepreneurship entities and society, as well as its importance in drawing attention to social problems. The purpose of the study was to form the author’s definition of business reputation in the context of the theory of social change, facilitating the implementation of new approaches to its assessment and management. The research methods were the analysis and systematization of scientific literature on business reputation and social entrepreneurship; content analysis of publications devoted to social change, as well as data visualization to present the evolution of theories and approaches. The authors of the article describe tools that allow social entrepreneurs to effectively use reputation to promote their initiatives and achieve goals. Despite the high interest in this topic, the scientific literature does not offer a sufficient number of works that consider the evolution of approaches to the assessment and management of business reputation in the context of social entrepreneurship, as well as its role in social change. The results of the study may be useful both for managers of organizations whose activities are related to the social sphere, to raise awareness of the importance of business reputation and its role in achieving social change, and for researchers studying business reputation issues, as materials for further professional research.

MODELLING AND FORECASTING ECONOMIC INDICATORS OF UKRAINE BASED ON TREND MODELS

2025-06-24

Dmytro Semeniuk | Економіка розвитку систем

The present study is devoted to the modelling and forecasting of the primary economic indicators of Ukraine, utilising econometric methodologies, with a particular focus on trend models. In the context … The present study is devoted to the modelling and forecasting of the primary economic indicators of Ukraine, utilising econometric methodologies, with a particular focus on trend models. In the context of globalisation and economic instability, the study of the relationships between macro-economic variables is of particular relevance. This paper undertakes an analysis of the impact of such factors as the hryvnia/US dollar exchange rate, inflation, exports and imports on gross domestic product. The application of regression analysis enabled the identification of significant economic interdependencies and the determination of key variables with predictive value for the assessment of economic growth. The employment of the Python programming language enabled the processing of statistical data, the construction of multivariate regression models, and the forecasting of future macro-economic trends. The present study combines both theoretical and practical aspects of economic process analysis, which is realised by using multivariate regression to assess the relationships between gross domestic product, minimum wage, inflation and the national currency exchange rate. A significant finding is the existence of a close relationship between the exchange rate and gross domestic product, as evidenced by the high coefficient of determination of the model (R-squared = 0.98), indicating a strong explanatory power. The findings indicate that an augmentation in the US dollar exchange rate by one hryvnia results in a surge in gross domestic product exceeding 213 million UAH, under the assumption of constant factors. Furthermore, the study employed correlation analysis to identify the most significant variables. The strong correlation between the gross domestic product and key economic indicators, including the minimum wage (correlation coefficient of 0.99) and the consumer price index (correlation coefficient of 0.87), underscores their significant influence in shaping economic trends. The utilisation of trend analysis and data approximation through the employment of polynomial functions has facilitated the projection of gross domestic product and exchange rate growth in the 2025-2030 period. This suggests the possibility of stable economic development, even in the context of challenging macro-economic conditions.

The Bright Side of Executive Financial Background: A Perspective Based on Corporate ESG Performance

2025-06-24

Xinxin Yu , Yulin Hu , Sandy Feng | Environmental Research Communications

Abstract Against the backdrop of the transition to sustainable economic development, corporate environmental, social, and governance (ESG) performance has gradually become a focal point for investors and governments. This study … Abstract Against the backdrop of the transition to sustainable economic development, corporate environmental, social, and governance (ESG) performance has gradually become a focal point for investors and governments. This study focuses on the perspective of executives' financial backgrounds and, based on the upper echelon theory, empirically analyzes the impact and mechanisms of executives' financial background on corporate ESG performance using data from A-share listed companies in China from 2008 to 2022. From the perspectives of resource acquisition and risk-taking, the results show that executives' financial background can effectively enhance corporate ESG performance, and this holds true even after distinguishing the three dimensions of environment, responsibility, and governance. Mechanism analysis indicates that executives' financial background can effectively alleviate corporate financing constraints and increase risk-taking levels, thereby enhancing corporate ESG performance. Further analysis reveals that both male and female CEOs have a positive effect, with female CEOs having a stronger impact. Moreover, local CEOs exhibit a more significant positive effect compared to non-local CEOs. In addition, digital finance plays a positive moderating role between executives' financial background and ESG performance, and this positive moderating effect holds across all three sub-dimensions of ESG. This paper enriches relevant research on upper echelon theory and financing theory, offering both theoretical and practical insights into corporate executives' strategic choices and ESG performance. It also provides valuable implications for governments in adjusting digital finance development strategies and corporate resource governance.

Ukraine’s biogas potential: a comprehensive assessment of energy yields and of feedstock availability

2025-06-24

Iryna Vaskina , Patrycja Pochwatka , Roman Vaskin +3 more | Sustainable Energy Technologies and Assessments

Ecological and economic model of optimization of sustainable development of the region

2025-06-23

I. V. Voronyi , Роман Батюк | Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies

It has been established that with the increase in anthropogenic load on the environment and the aggravation of environmental problems that threaten the sustainable development of the region, mathematical models … It has been established that with the increase in anthropogenic load on the environment and the aggravation of environmental problems that threaten the sustainable development of the region, mathematical models that allow describing and analyzing complex relationships between economic activity and the state of the environment are of particular importance in the development and scientific research. Such ecological and economic models are a tool for finding optimal production and environmental management strategies aimed at balancing the economic and environmental interests of society. It has been determined that modern regional management to ensure its effectiveness and environmentally safe functioning of the agricultural sector should be based on the following principles: goal-setting, selection, systematicity, efficiency, subordination (hierarchy), equality, dynamism, flexibility, compliance and observability (measurable). Substantiation of sustainable socio-economic development of the region can be carried out on the basis of methods of ecological and economic modeling. When developing the model, organizational, economic, technological and social factors are taken into account. The most important component of the ecological and economic model is agricultural production. An ecological and economic model of sustainable socio-economic development of the region has been developed based on mathematical modeling methods, which is based on an optimization economic and mathematical model and includes the following stages: formulation of an economic and mathematical problem and justification of the optimality criterion; development of a structural economic and mathematical model; justification of initial information about the problem; development of a detailed economic and mathematical model; problem solving and analysis of the results obtained; adaptation of the optimal solution, obtaining final results and implementing them in the economic, ecological and social development of the region. Model calculations based on an analysis of the probability of possible combinations of alternation of years with different weather conditions, as well as the frequency of their occurrence, speak in favor of creating stabilization and transfer food reserves, both in favorable and average weather years.

Design thinking as a tool for risk assessment of investment projects in times of crisis

2025-06-23

R. M. Myniv , Y. O. Zalevskyi | Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies

The concept of assessing the risks of an investment project in a crisis based on design thinking is proposed, with the definition of a chain of risk assessment artifacts, which … The concept of assessing the risks of an investment project in a crisis based on design thinking is proposed, with the definition of a chain of risk assessment artifacts, which is carried out by performing the main stages of design thinking: empathy, focus, idea, prototyping, testing. Each level of artifacts from the point of view of their obtaining using design thinking tools should be considered from two points of view: cognitive – within the framework of determining the semantic component (knowledge structure) of content templates for products, investment projects, strategies, risk registers and risk response plans, as well as their mutual influence and impact on achieving the goals of the investment project, and organizational – in the context of the distribution of roles and responsibilities between the participants of the investment project involved in assessing risks in a crisis. Design thinking methods and tools are presented, which can be useful for assessing project risks in a crisis. They can be used for different parts with different levels of detail of the stages of the investment life cycle, including such types of risks as production, market, environmental, etc. Options for creating an effort-impact matrix for various risks of investment projects in a crisis are presented, which can be used to assess the effectiveness of risk reduction activities both at the initial stage of the investment project and at the stage of project implementation after the product is released to the target market. An effort/impact assessment is presented for three types of products with three variations of consumer attributes. Effort is the estimated costs of developing a product, managing its production, and introducing it into the target market niche. Effect is the projected amount of revenue from the sale of a product with an appropriate set of consumer characteristics within the selected planning horizon. When implementing the proposed approach and the developed tools, it is recommended to focus on solving small, compact risk analysis tasks that will give a quick result and will be noticeable in the organization. When choosing tools at each stage of design thinking, special attention should be paid to user research, which involves in-depth and systematic work with potential clients of the investment project.

Social Performance and Financial Sustainability Contribute to Implementing Regulations on Operational Objectives of Co-operative Credit Institutions

2025-06-23

Thi Thuy Nguyen , Van Duong Ha | Science of law.

Co-operative Credit Institutions (CCIs) play an important role for achieving the national mission of financial inclusion. Therefore, we should be taking a wider view of social performance and financial sustainability … Co-operative Credit Institutions (CCIs) play an important role for achieving the national mission of financial inclusion. Therefore, we should be taking a wider view of social performance and financial sustainability and assessing social performance and financial sustainability. These are factors affecting the CCIs' operations and goals. This study used the panel data regression method with research data from tweenty-four selected CCIs in Vietnam from 2018 to 2024. This study’s purpose to discover the interactive relationship between social performance and financial sustainability in Vietnam's CCIs. The study found that the depth of outreach, deposit-to-loan ratio, financial sustainability have positive relationship with the breadth of outreach, while the age of CCIs has a negative relationship with the breadth of outreach. The age of CCIs, credit size and debt-to-equity ratio have positive relationships with the depth outreach, the financial sustainability has a negative relationship with the depth of outreach. The income and breadth of outreach have positive relationship with financial sustainability; while the depth of outreach, non-performing loan, credit growth negative relationships with the financial sustainability of CCIs. The study results have determined the bidirectional interactions and relationships between social performance and financial sustainability. Through the findings the study offers policy implication and new insights for developing a more sustainable CCIs and further emphasizes optimal policies to CCIs management that helps the policy-makers, CCIs managers and executives in improving the social performance and financial sustainability of CCIs going forward.

ACTIVATION OF INVESTMENT ACTIVITY AS A FACTOR OF INCREASING THE COMPETITIVENESS OF THE ENTERPRISE

2025-06-23

Aleksey Halyapin , Sofiya Vlasenko , Semen Sypko +1 more | Moscow Economic Journal

Investment activity is a key factor in the sustainable development of an enterprise, since attracting investments and investing in innovative projects allows manufacturers to form additional competitive advantages. The research … Investment activity is a key factor in the sustainable development of an enterprise, since attracting investments and investing in innovative projects allows manufacturers to form additional competitive advantages. The research is devoted to the issues of enhancing investment activity as a factor in increasing the competitiveness of an enterprise. In the course of studying literary sources, the essence of investment activity and the impact of its activation on the level of competitiveness of the enterprise are determined. On the basis of the enterprise of the Krasnodar Krai, LLC Dolina, which produces wine, an investment project has been developed to expand the scope of activity, as well as an assessment of the feasibility of investments. According to the evaluation results, the economic efficiency of the project to launch cognac production on the basis of LLC Dolina was confirmed, and the conclusion was substantiated that it is necessary to intensify the investment activities of enterprises as a factor in increasing their competitiveness.

Economic potential of aquaculture enterprises in the Lviv region

2025-06-23

V. Maksym , V. Chemerys , A. Kachan +2 more | Scientific Messenger of LNU of Veterinary Medicine and Biotechnologies

The article examines the economic potential of aquaculture enterprises in the Lviv region, considering the areas of water bodies available for use and the achieved level of fish productivity. An … The article examines the economic potential of aquaculture enterprises in the Lviv region, considering the areas of water bodies available for use and the achieved level of fish productivity. An economic justification of the feasibility of capital investments in organizing the cultivation of polyculture of carp, grass carp, silver carp, and pike in ponds with a total area of 100 hectares was carried out. The study used general scientific methods, particularly monographic, system analysis, synthesis, calculation, and design, when planning the need for fixed and working capital, determining indicators of economic efficiency of investment use, and preparing the economic potential of aquaculture enterprises in the region. According to the study results, it was established that the Lviv region has a significant unrealized economic potential of aquaculture enterprises, which is estimated at 20 to 40 million euros in 2025 prices, depending on the share of the region's water fund involved. It was determined that up to 450 thousand fish are needed to organize fish farming per 100 hectares of pond area. EUR of advanced capital, which will pay off in 4 years. The projected net present value in 5 years will exceed EUR 186 thousand if the internal rate of return is achieved at 15% and the net return on capital is over 30% at the end of the calculation period. The development of intensive aquaculture in the region's enterprises is predicted to provide an inflow of tax revenues of EUR 0.2 for every EUR 1 investment. It will contribute to increasing the industry's economic potential based on the growth of income from the sale of grown products, including net added value up to EUR 16 million when using more than 9 thousand hectares of water resources. The economic potential of aquaculture enterprises of the region can also be increased based on the development of processing of grown products into ready-to-consume food products, which will allow for the extension of the production cycle of added value formation and ensure a higher level of efficiency in the use of the resources involved.

INVESTMENT STRATEGIES OF ALTERNATIVE ENERGY ENTERPRISES IN THE CONDITIONS OF TRANSFORMATION OF UKRAINIAN REGIONS

2025-06-21

N. O. Kondratenko , Volodymyr Velychko , Kseniia Velykykh +2 more | Суспільство та національні інтереси.

CLIMATE POLICY OF UKRAINE IN THE CONTEXT OF EUROPEAN INTEGRATION

2025-06-20

Олена Шевченко | Міжнародні відносини суспільні комунікації та регіональні студії

The article examines the main stages of the development of Ukraine’s climate policy with an emphasis on the integration of environmental standards of the European Union, including obligations under the … The article examines the main stages of the development of Ukraine’s climate policy with an emphasis on the integration of environmental standards of the European Union, including obligations under the Paris Agreement and the Euro- pean Green Deal (EGD). The author analyzes the political and legal frameworks introduced in 2015 and identifies Ukraine’s achievements on the way to environ- mental sustainability and the challenges associated with their implementation in wartime. The main focus is on institutional reforms and Ukraine’s strategic climate goals. The article outlines the transition to climate neutrality by 2060 and strategies for increasing energy efficiency and using renewable energy sources, particularly in agriculture and industry. The author emphasizes the contribution of the Ukraine-EU Association Agreement to the improvement of the national legal framework, which encourages Ukraine to implement European directives in the field of climate. It also emphasizes the destructive impact of the Russian- Ukrainian war on the country’s ecological situation, which led to massive pol- lution and challenges for environmental restoration. The author emphasizes the importance of international support for implementing recovery and decarboniza- tion measures in the post-war period. Particular emphasis is placed on the role of Ukrainian civil society and international partners in environmental management, including climate communications aimed at raising public awareness.

LAUNCHING A MANUFACTURING STARTUP: ECONOMIC AND MANAGERIAL ASPECTS OF CREATING A COMPETITIVE ENTERPRISE

2025-06-19

Vladimir Smoliarchuk | European Journal of Economic and Financial Research

This article examines the economic and managerial aspects of establishing a competitive manufacturing startup. The stages of business planning, financing and formation of the organizational structure of a new enterprise … This article examines the economic and managerial aspects of establishing a competitive manufacturing startup. The stages of business planning, financing and formation of the organizational structure of a new enterprise are analyzed. Special attention is paid to market entry strategies, including marketing positioning, selection of promotion channels and development of a sales system. Risk management mechanisms related to financial instability, operational efficiency, supply chains and competitive dynamics are being investigated. Various models of sustainable growth are being studied, taking into account technological innovations, production automation, strategic partnerships and market expansion. JEL: L26, M13, L60 Article visualizations:<img src="/-counters-/soc/0105/a.php" alt="Hit counter" />

Management Accounting as a Tool for Improving Business Efficiency

2025-06-18

Sofya S. Gugkaeva | Общество политика экономика право

Management accounting acts as an information loop that collects, processes, and analyzes data on costs, rev-enues, and financial results. The aim of this study is to identify and systematize the … Management accounting acts as an information loop that collects, processes, and analyzes data on costs, rev-enues, and financial results. The aim of this study is to identify and systematize the factors influencing the ef-fectiveness of management accounting, as well as to propose recommendations for optimizing its implemen-tation to improve the financial performance of enterprises. The study is based on peer-reviewed scientific pub-lications in the field of management accounting, financial management, and economics. It is emphasized that management accounting supports the information provision of internal corporate processes and enables man-agers to make informed decisions. During the digital transformation, companies gained access to a wide range of accounting automation tools. The implementation of modern management accounting systems significantly improves the efficiency of cash flow management and reduces operating costs. Conclusions. The implementa-tion of the recommendations proposed by the author on optimizing the implementation of the management accounting system will create a high-quality analytical platform for making optimal decisions, which will strengthen the economic stability of companies. Promising areas of further research should be aimed at study-ing the impact of digital technologies on the modernization of management accounting tools.

ADAPTATION OF BULGARIAN AGRICULTURAL HOLDINGS IN THE CONTEXT OF THE GREEN DEAL

2025-06-17

Daniel Petrov | Economic Thought journal

This study analyses the economic and agroecological efficiency of sustainable agricultural practices within the context of industrial grain production in Bulgaria, in alignment with the objectives of the European Green … This study analyses the economic and agroecological efficiency of sustainable agricultural practices within the context of industrial grain production in Bulgaria, in alignment with the objectives of the European Green Deal. Using a case study approach over two cropping seasons (2022–2024), the impact of implementing three innovative practices were assessed: (1) stabilized urea with urease and nitrification inhibitors (NBPT and DCD), (2) cover crops (vetch, clover, radish), and (3) minimum tillage (no-till). The research was conducted under real production conditions on a farm with a strategic crop rotation – wheat, maize, and sunflower – applied across 270 hectares of experimental land annually. The methodology incorporates economic indicators (profitability, ROI, NR), agronomic parameters (yield, protein, starch, oil content), and environmental metrics (organic matter, microbial activity, NUE) using quantitative analysis, statistical processing, and data triangulation. The results show that the application of inhibited urea leads to the highest nitrogen fertilization efficiency (up to 64.4 kg/kg N) and profitability (up to 217.1%), while cover crops and no-till improve soil fertility and reduce costs. The studied practices demonstrate a high degree of adaptability and economic viability in the Bulgarian context, offering strong potential for transitioning our agricultural systems toward a sustainable model with reduced emissions, optimized resource use, and enhanced soil function.

IMPROVEMENT OF METHODOLOGICAL APPROACHES TO FINANCIAL ANALYSIS OF ENTERPRISE ACTIVITIES

2025-06-16

Svitlana Hanziuk , Anzhela Popova | ECONOMIC BULLETIN OF THE DNIPROVSK STATE TECHNICAL UNIVERSITY

The article examines the methodological apparatus for conducting financial analysis of an enterprise's activities. The key tasks of applying traditional methods, techniques and methods of financial analysis are identified: primary … The article examines the methodological apparatus for conducting financial analysis of an enterprise's activities. The key tasks of applying traditional methods, techniques and methods of financial analysis are identified: primary processing of available analytical information; analysis of the state and dynamics of the development of the object of analysis; identification of the influence of factors on financial indicators and processes; assessment of realized and potential reserves for increasing the efficiency of financial resources; generalization of analytical conclusions, substantiation of management decisions, financial plans and forecasts. The application of abstract-logical, economic-logical and economic-mathematical methods of financial analysis is substantiated. The main classical methods of analyzing the efficiency of the enterprise's functioning are grouped (time analysis, structural, trend, analysis of financial ratios, comparative, marginal, factor, stochastic probabilistic). It is noted that today an integrated, comprehensive approach to the financial analysis of an enterprise's activities dominates, which includes a comprehensive study of the enterprise's potential, determination of its competitive positions in the market environment and identification of opportunities for improving financial indicators. The article proposes an improved methodology for analytical assessment of business entities’ activities taking into account modern conditions of uncertainty, which takes into account crisis factors, the level of threats and the stress resistance of the financial model. Crisis factors include assessment of supply chain disruptions, loss of sales markets, growth of receivables and inflation risks. Assessment of the level of threats takes into account physical risks to assets, personnel risks, logistical and geopolitical factors. Stress resistance of the financial model is defined as a key indicator of long-term business viability, which demonstrates the ability of the enterprise to maintain solvency and financial balance under the worst conditions. To assess the stress resistance of the enterprise’s financial model in war conditions, the study proposes to apply stress testing with the identification of key stages and indicators.

ASSESSMENT OF SUSTAINABLE DEVELOPMENT AS A TOOL OF STRATEGIC MANAGEMENT IN THE IMPLEMENTATION OF MANAGEMENT DECISIONS

2025-06-16

Olga Rodina | ECONOMIC BULLETIN OF THE DNIPROVSK STATE TECHNICAL UNIVERSITY

The article reviews and summarizes the strategic and operational goals of sustainable development. Based on the analysis of the Sustainable Development Strategy approved in Ukraine, a grouping of goals and … The article reviews and summarizes the strategic and operational goals of sustainable development. Based on the analysis of the Sustainable Development Strategy approved in Ukraine, a grouping of goals and indicators of the sustainable development strategy is proposed. The assessment of sustainable development performs the function of diagnostics and monitoring, helping to timely identify deviations from strategic goals and adapt management decisions to changes in the external environment. Taking into account sustainable development goals in the management system can become a practical tool for building an effective, flexible and socially responsible model of organizational management. It is proposed, in addition to the existing grouping of goals and indicators (strategic goals, operational goals, tasks), to divide the goals of the Sustainable Development Strategy into the following areas: economic direction of indicators and tasks of sustainable development; economic and social direction of indicators and tasks of sustainable development; social direction of indicators and tasks of sustainable development; environmental direction of indicators and tasks of sustainable development. The proposed system of grouping goals of the Sustainable Development Strategy reflects the needs of strategic management and is a certain effective tool in the system of making managerial decisions. The need to use the proposed system of grouping sustainable development goals for strategic management is justified through the construction of a structured planning system that allows developing, implementing and adjusting strategies taking into account sustainable development goals, and also ensures systematic management decision-making. The proposed grouping of sustainable development goals will allow business entities to navigate more quickly among both strategic and operational goals of the Sustainable Development Strategy. Grouping sustainable development goals and objectives for strategic needs allows you to align strategic business goals with global and national priorities of sustainable development.

FINANCING OF INNOVATIVE DEVELOPMENT OF AN ENTERPRISE ACCORDING TO THE TECHNICAL AND ECONOMIC CHARACTERISTICS OF TECHNOLOGICAL EQUIPMENT

2025-06-16

Pavlo V. Ivaniuta , M. Petrenko | ECONOMIC BULLETIN OF THE DNIPROVSK STATE TECHNICAL UNIVERSITY

This article establishes the management by each enterprise of its own purposes, aspirations, initiatives both in the present and in the future prospects of innovative activity and related development, on … This article establishes the management by each enterprise of its own purposes, aspirations, initiatives both in the present and in the future prospects of innovative activity and related development, on the basis of which significant achievements, inventions and gains arise. The constantly existing need for the aspirations of each enterprise for innovative development, which is embodied in the real reproduction of developments in combination with financial contributions, has been clarified. Innovative development at the enterprise has been investigated and, through decomposition, considered as a process of introducing new and advanced technical equipment, which is the basis for comprehensive measures to improve production processes. The interconnection of innovations at the enterprise has been determined by abstraction based on the technical and economic characteristics of the latest technical equipment. The technical and economic characteristics of new and basic technological equipment, which are translated into a cost estimate, have been analyzed on the basis of comparison, which are determined by their qualitative characteristics together with the results of the innovative development of the enterprise, which is the basis for financial contributions. On this basis, the important importance of innovations in the enterprise is presented, as a continuous development through improving measures with a combination of human intelligence, ideas and enthusiasm, common aspirations to invent new and broadly functional products, advanced developments. The special importance of innovative development of the enterprise is substantiated due to the greatest provision of new developments, in particular in the designed form, the best technical and economic characteristics. This proves that this is how the transformation and improvement of the entire production complex of the enterprise takes place by replacing the currently existing technological equipment with new ones. The improvement of all activities of the enterprise through innovative development based on the introduction of new technological equipment is generalized. It is proved that the transformation of business processes in the form of an internal production space by attracting financial contributions and managing them depends on this.

Strategic Pathways to Corporate Sustainability: The Roles of Transformational Leadership, Knowledge Sharing, and Innovation

2025-06-16

Ahmad Alqatan , Walid Simmou , Maha Shehadeh +3 more | Sustainability

Corporate sustainability has emerged as a critical imperative for firms navigating volatile markets and ecological constraints, yet the mechanisms linking organizational practices to sustainability outcomes remain underexplored, particularly in developing … Corporate sustainability has emerged as a critical imperative for firms navigating volatile markets and ecological constraints, yet the mechanisms linking organizational practices to sustainability outcomes remain underexplored, particularly in developing economies. Drawing on the resource-based view and dynamic capabilities theory, this paper examines how transformational leadership and knowledge sharing synergistically enhance innovation capability, which in turn fosters environmental dynamism and corporate sustainability performance. Using a structured questionnaire within a cross-sectional design to gather data from 140 Moroccan SMEs, data were collected via an online questionnaire from 140 Moroccan SME owners and managers, with hypotheses tested using partial least squares structural equation modeling (PLS-SEM). The results show that knowledge sharing, and transformational leadership significantly strengthen innovation capability. Innovation capability further drives environmental dynamism, which positively impacts sustainability performance. These findings advance theory by integrating knowledge-based, leadership, and dynamic capability perspectives into a novel pathway for achieving sustainability goals. The study underscores the necessity for SMEs in developing nations to cultivate leadership that inspires knowledge exchange and adaptive innovation, enabling resilience amid ecological and market shifts. By highlighting these internal drivers, the research offers actionable insights for SMEs and policymakers seeking to align business innovation strategies with sustainability objectives and pro-environmental transformation in line with the UN Sustainable Development Goals (SDGs).

Analysis of the relationship between environmental innovation and environmental protection (innovation for environmental sustainability)

2025-06-16

Ali Abdallah , M. Mahmoud , Mohammed Nouri Farhan | خزائن للعلوم الاقتصادية والإدارية.

relationship between innovation and the environment has garnered increasing attention in light of escalating environmental challenges such as climate change, pollution, and biodiversity loss. Innovation plays a crucial role in … relationship between innovation and the environment has garnered increasing attention in light of escalating environmental challenges such as climate change, pollution, and biodiversity loss. Innovation plays a crucial role in developing sustainable technologies and systems to address these challenges. This research aims to explore the complex relationship between innovation and the environment, identifying how innovation can contribute to achieving sustainable development goals. Iraq faces mounting environmental challenges that necessitate innovative and sustainable solutions.

DECARBONIZATION AND INNOVATIVE DEVELOPMENT OF UKRAINIAN PORTS: LEGAL AND ORGANIZATIONAL SOLUTIONS

2025-06-15

Serhii Kuznietsov | Constitutional State

The article is devoted to the definition of directions of updating the organizational and legal approaches to reducing the air pollution from port activities and ships, located in port waters. … The article is devoted to the definition of directions of updating the organizational and legal approaches to reducing the air pollution from port activities and ships, located in port waters. The environmental legislation of Ukraine was characterized and it was established that there are no special norms devoted to the regulation of counteraction to the air pollution from ports and ships. It has been noted that such an approach is characteristic for sectoral legislation, which rather slowly perceives innovations of decarbonization and reduction of emissions from sea and port activities to the atmospheric air. It has been emphasized that despite the generality of environmental regulation, the authorized subjects (the SE “USPA” and regional state administrations) are taking measures to improve monitoring of the state of the atmospheric air around and on the territory of the Ukrainian seaports. The relevance of the research topic is determined by the need to form an updated mechanism for monitoring and the normative regulation of environmental measures in seaports in relation to the ships in these seaports. The methodological basis of the article consisted of dialectical, historical methods, methods of analysis and synthesis, formal-legal and prognostic methods. The aim of the article is to develop proposals for the modernization of the theoretically-applied basis for updating the current legislation of Ukraine on decarbonization and reduction of emissions into the air from port activities and shipping. The author has proposed a comprehensive update of the sectoral legislation, taking into account the global and regional trends of the decarbonization, the greening and the use of the advantage of the Fourth Industrial Revolution; the formation of an effective mechanism for observation the operation of ships within the ports of Ukraine, in particular, the operation of engines using heavy fuel; the activization of participation in global and regional formations in order to exchange experience and to implement the best practices of public administration of the “green transition” of the water transport industry of Ukraine.

Sustainable technological innovations in agriculture: Financial challenges and investment priorities under the European Green Deal

2025-06-13

Francisco José Castillo‐Díaz , Luis Jesús Belmonte Ureña , Francisco Jesús Gálvez‐Sánchez +1 more | Journal of Environmental Management

This study explores the important financial challenges faced by Spanish agricultural and livestock companies to meet stringent environmental regulations without compromising their competitiveness. Using a Delphi method integrated with a … This study explores the important financial challenges faced by Spanish agricultural and livestock companies to meet stringent environmental regulations without compromising their competitiveness. Using a Delphi method integrated with a systematic literature review, the research identifies key sustainable technological innovations (STIs) that require significant financial investment. Priority STIs include renewable energy sources, water use efficiency, by-product management, alternative fertilizers, and digital technologies, among others, each of which plays a key role in mitigating environmental impacts and aligning with overarching European sustainability frameworks, notably the European Green Deal and the 2030 Agenda for Sustainable Development. The findings support the formulation of specific policy recommendations aimed at overcoming the financial constraints that hinder the adoption of STIs. These include designing progressive financing schemes, launching green credit lines with subsidized interest rates, and increasing agri-environmental subsidies linked to STIs adoption. Furthermore, the study advocates the expansion of public-private investment frameworks and the establishment of technical advisory services to support producers in the selection, integration and implementation of appropriate technologies. These measures are essential to reduce economic barriers and accelerate the sector's technological transition to greater environmental and economic resilience.

The integrity of the innovation process on the example of EU countries: a PLS-SEM approach

2025-06-13

Mateusz Borkowski , Ewa Gruszewska | Statistics in Transition New Series

The purpose of the article is to assess the integrity of the elements of innovation processes and to measure their efficiency based on the Schumpeter trilogy concept. The research was … The purpose of the article is to assess the integrity of the elements of innovation processes and to measure their efficiency based on the Schumpeter trilogy concept. The research was conducted with regard to European Union (EU) countries. The paper applies the partial least squares structural equation modelling (PLS-SEM) method that allows the analysis of latent variables (LVs). On the basis of the PLS-SEM models for 2010 and 2020, it was concluded that innovation processes were proceeding in an integrated manner in EU countries. Not only did the modelling results indicate a positive and moderate effect of the invention inputs LV on the innovation efficiency LV, but also a positive and strong influence of innovation efficiency LV on the innovation diffusion LV in the analyzed countries in both researched years. The technological process integrity of the EU economies was lower in 2020, than in 2010. In order to improve the functioning of innovation activities it is necessary to increase technology inputs and the efficiency of their use in R&D activities. Intensification of the collaboration between scientific and research institutes and entrepreneurs is recommended. The PLS-SEM model made it possible to measure its elements and assess the integrity of technological change.

MARKETING STRATEGIES FOR ENHANCING THE COMPETITIVENESS OF TOURISM ENTERPRISES UNDER CONDITIONS OF CROSS-INDUSTRY INTEGRATION

2025-06-12

R. Naboka , О. Liashchenko , Yu. Maksymenko | Investytsiyi praktyka ta dosvid

PROBLEMS OF ASSESSING THE EFFECTIVENESS OF AGRIBUSINESS DEVELOPMENT IN THE CONTEXT OF SOCIAL RESPONSIBILITY

2025-06-10

Dmytro Lypovyi | Economic scope

The article is devoted to the study of the problems of assessing the effectiveness of agribusiness development in the context of social responsibility. It is determined that despite the growing … The article is devoted to the study of the problems of assessing the effectiveness of agribusiness development in the context of social responsibility. It is determined that despite the growing awareness of the importance of social responsibility, existing approaches to assessing the effectiveness of agribusiness are often insufficient, since they are traditionally focused mainly on economic indicators, ignoring or minimizing social and environmental aspects of activity. Scientific research in this area, although making a significant contribution, often focuses on general forms of corporate social responsibility, not sufficiently taking into account the specifics of agricultural production and the socio-economic characteristics of rural areas. It is established that in Ukraine the state of social responsibility of agribusiness is characterized by uneven implementation, declarative nature of individual initiatives, focus on a limited range of aspects and insufficient level of awareness. The lack of unified standards and assessment methods complicates comparison, identification of best practices and stimulation of more active implementation of the principles of social responsibility of business. It is proven that the state policy in the field of promoting the development of socially responsible business determines the importance of integrating social and environmental aspects into the activities of enterprises. The development of social responsibility of business is considered as a voluntary activity aimed at raising standards, strengthening trust and improving long-term business efficiency. It is substantiated that in order to ensure the sustainable development of agribusiness in Ukraine, there is an urgent need to develop and implement comprehensive, scientifically based methods of assessing efficiency, which would take into account not only economic, but also social and environmental results of the activities of agricultural enterprises. This will allow a more objective assessment of their contribution to social development, stimulate responsible business conduct and contribute to the harmonious development of rural areas.

INDICATORS FOR ASSESSING THE EFFECTIVENESS OF THE MARKETING STRATEGY OF FURNITURE INDUSTRY ENTERPRISES IN CONDITIONS OF ENVIRONMENTAL INSTABILITY

2025-06-10

Roman Miroshnyk , Denys Shovkoplias | Economic scope

The article examines the issues of assessing the effectiveness of the marketing strategy of furniture industry enterprises in the context of an unstable external environment. The features of the development … The article examines the issues of assessing the effectiveness of the marketing strategy of furniture industry enterprises in the context of an unstable external environment. The features of the development of industry in Ukraine and the furniture industry for 2020-2024 in the context of environmental instability are studied: the furniture industry was characterized by either a sharp decline or a sharp increase in product sales. Five groups of indicators have been formed for assessing the marketing strategy: financial indicators, market indicators, operational indicators, digital indicators, and competitiveness indicators. Financial indicators such as revenue, ROMI, and average check help you assess the economic feasibility of your strategy and optimize your costs. Market indicators, such as market share and brand awareness, help you position your business among your competitors and adjust your strategy to expand your reach. Operational indicators, such as order processing time and service quality, identify weaknesses and help you improve customer loyalty. Digital indicators, such as website traffic and CTR, show the effectiveness of your online channels, and competitive metrics, such as unique benefits and pricing, help you adapt your strategy to gain an edge over your competitors. Competitiveness indicators, such as unique selling points, product innovation, and brand perception compared to competitors, allow furniture industry enterprises to adapt their marketing strategy to ensure competitive advantages and increase consumer appeal. The components of each group of indicators for assessing the effectiveness of the marketing strategy for furniture industry enterprises are defined in detail. The impact of indicators on the marketing strategy of furniture manufacturers is determined. Measures for monitoring, controlling, and improving indicators are proposed for each group. Conclusions and further recommendations are developed to study the factors influencing the instability of the environment in the marketing strategies of furniture industry enterprises in Ukraine.

Development of methods for forming the cost of production and assessment of its impact on the efficiency of an industrial enterprise

2025-06-02

Петро Перерва , Тетяна Кобєлєва , Robertas Keršys +7 more | Technology audit and production reserves

The paper considers the influence of the level of production cost on the overall efficiency of the functioning of industrial enterprises in the conditions of the modern economy and its … The paper considers the influence of the level of production cost on the overall efficiency of the functioning of industrial enterprises in the conditions of the modern economy and its economic potential. The value of the cost of production as one of the key factors determining the efficiency of an industrial enterprise and the level of its economic potential is considered. The main components of the cost, methods of its accounting and optimization opportunities are analyzed. Practical recommendations for improving production efficiency through cost management are given. A comprehensive analysis of the structure and dynamics of production costs has been carried out, the main factors influencing the formation of the cost of production, in particular, resource intensity, energy consumption, organizational and technological level of production and managerial approaches have been identified. In this research, let’s focus on the importance of cost rationalization and increasing the level of accounting and control over costs as key tools for ensuring the competitiveness of the enterprise. To control the cost, such methods as break-even analysis, accounting by centers of responsibility, regulatory accounting, calculation by types of products are proposed for use. The effective use of these methods allows to identify inefficient costs, conduct a comparative analysis of costs by periods, and make informed management decisions. Among the main ways to reduce the cost of production, was identified: introduction of energy-saving technologies, automation of production processes, improvement of logistics, inventory management, revision of supply contracts, as well as motivation of employees to increase labor productivity. On the example of a generalized profile of an industrial enterprise, the influence of various components of costs on the profitability of products is analyzed. It has been found that timely changes in the market situation and avoid unprofitable decisions.

INNOVATIVE INVESTMENT PARTNERSHIP AS A WAY OF IMPLEMENTING PROJECTS BY LARGE COMPANIES

2025-06-01

D.M. Kasatkin | ECONOMIC VECTOR

Modern competitive struggle makes it impossible to implement projects by even one large company. In the conditions of both domestic and international competition, it is necessary to talk about joint … Modern competitive struggle makes it impossible to implement projects by even one large company. In the conditions of both domestic and international competition, it is necessary to talk about joint projects, which imply both the attraction of financial investments and organizational and technical contribution in the form of joint innovative developments and common projects. On the one hand, a partnership between two large companies from the same sphere seems unprofitable; however, often a company engaged in third-party activities shows interest and thus does not provide even partial, assistance to a competitor through a partnership.

Trends and forecast for the development of the regional agricultural sector in the context of ensuring its economic security and shock resistance

2025-05-31

Elena Dvoryadkina , Gulnara M. Kvon , E. A. Shishkina | Agrarian Bulletin of the

STRUCTURAL-FUNCTIONAL MODEL OF THE ECOLOGICAL CONCEPT OF THE ORGANIZATIONAL-ECONOMIC MECHANISM OF ENERGY EFFICIENCY IN THE AGRICULTURAL SPHERE

2025-05-30

Oleksandr Hurin | Scientific bulletin of International Association of scientists Series Economy management security technologies

Introduction. The agricultural sector of Ukraine faces challenges of various nature, which requires a comprehensive approach to energy efficiency, taking into account socio-ecological-economic and technological factors. The destruction of enterprises, … Introduction. The agricultural sector of Ukraine faces challenges of various nature, which requires a comprehensive approach to energy efficiency, taking into account socio-ecological-economic and technological factors. The destruction of enterprises, energy dependence, climate change and increased energy consumption require the introduction of an ecological concept and reformatting the organizational and economic mechanism of energy efficiency by creating a closed structural and functional model for systematizing resource supply, regulatory mechanisms and technological modernization. The structural elements of the ecological concept are the basis for developing an effective energy efficiency policy that will meet the challenges of sustainable management, contributing to the development of distributed generation, increasing the energy independence of the agricultural sector and reducing the negative impact on the environment. Materials and methods. The study is based on the analysis of scientific sources that highlight the issues of forming energy efficiency mechanisms in the production and industry economy. When developing a structural-functional model of the ecological concept of the organizational-economic mechanism of energy efficiency in the agricultural sector, a complex of interrelated scientific approaches was used: structural-functional, economic-statistical and comparative analysis; system modeling; etc. Results and discussion. A closed structural-functional model of the ecological concept has been developed, demonstrating the relationships between five key components of the organizational and economic mechanism of energy efficiency in the agricultural sector and combining the principles of managing natural and economic processes with scientifically based approaches to rationalizing resource use. The mechanism is based on a three-level system of mechanisms, which contributes to the automation of energy management and the regulation of energy consumption, ensuring a balance between socio-ecological and economic aspects of development and increasing energy efficiency. The author's concept (based on nine scientific and methodological approaches for balanced energy management, resource optimization and reduction of environmental load), having the potential for practical application, ensures: integration of environmental principles into the state energy efficiency policy; comprehensive interaction between state, private and public structures; adaptability of the management mechanism; development of renewable energy sources; technological innovation and sustainable management. Conclusions. A closed structural and functional model of the ecological concept has been constructed, combining key elements of the organizational and economic mechanism of energy efficiency in the agricultural sector, contributing to the integration of environmental principles into the energy strategy, minimizing energy consumption and environmental load. The significance of the ecological approach in the organization of energy processes and in the development of a three-level complex of mechanisms for combining economic feasibility, technological modernization and environmental safety has been argued. The implementation of the model, developed according to the scientific and methodological approaches of the adaptive concept and aimed at the energy independence of the agricultural sector through the development of renewable energy sources and distributed generation, will reduce the environmental load and the volume of resource use. The implementation of the ecological concept will determine the effect of new financial mechanisms for energy efficiency, practical testing of the model and adaptation of digital technologies for scenario modeling and optimization of resource use.

Systematic Review of Sustainable Competitive Advantage Factors of SMEs in The Creative Industry

2025-05-30

Triwulandari Satitidjati Dewayana , Akbar Gunawan , Kadarsah Suryadi +1 more | Logistic and Operation Management Research (LOMR)

A sustainable competitive advantage refers to a combination of characteristics and capabilities that allow a business to fulfill customer needs more effectively than its competitors. It encompasses elements that enable … A sustainable competitive advantage refers to a combination of characteristics and capabilities that allow a business to fulfill customer needs more effectively than its competitors. It encompasses elements that enable a company to produce goods or services of superior quality or at a lower cost than others. These advantages help businesses achieve higher sales or profit margins in the market. This literature review aims to examine and identify various factors contributing to the development of sustainable competitive advantage in the creative industry, a topic that has gained significant importance and widespread attention. This research employs a systematic literature review (SLR) approach to investigate these factors in the context of creative industries. Using the SLR approach and the PRISMA framework, this research identified, evaluated, and synthesized 27 relevant articles from the Scopus and IEEE Xplore databases, published between 2014 and 2024. These articles contain results about the factors and problems that can influence sustainable competitive advantage in creative industries with relevant fields, such as social, economic, and technical. A total of 19 factors were found that influence sustainable competitive advantage. All these factors are important, but production quality, environmental friendliness, finance, innovation, consumer behavior, and human resources are the most prominent. This meta-analysis provides valuable insights and serves as a foundation for advancing efforts to promote the implementation of competitive advantage practices.

Business Social Responsibility and its Environmental Aspects

2025-05-30

Beridze Lika , Nino Makatsaria , Neli Sesadze | European Science Review