Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677835
M. Dubyna, A. Zhavoronok, Nataliia Kudlaieva, I. Lopashchuk
Within the article, the impact of modern digitalization processes on changing household credit behavior is considered. Much attention is paid to defining the essence of digitalization and exploring the features of its impact on the financial services market. Accordingly, the content of household credit behavior and its individual models are examined. This behavior is proposed to be considered as a process of interaction between entities engaged in joint business activities with financial institutions regarding the receipt of temporary financial resources from banking and non-banking institutions with subsequent use to meet their own needs on terms of return, payment, expediency and security. Within the article, basic features that are inherent in both the classic model of obtaining credit services by clients of financial institutions and the new model of lending, which is formed today as a result of the impact of digitalization processes, are defined and systematized. Study of the results of the analysis of current trends in the development of the financial services market made it possible to identify main perspective directions for further transformation of credit household behavior, the process of lending and changing the paradigm of lending to financial institutions.
{"title":"Transformation of Household Credit Behavior in the Conditions of Digitalization of the Financial Services Market","authors":"M. Dubyna, A. Zhavoronok, Nataliia Kudlaieva, I. Lopashchuk","doi":"10.22094/JOIE.2020.677835","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677835","url":null,"abstract":"Within the article, the impact of modern digitalization processes on changing household credit behavior is considered. Much attention is paid to defining the essence of digitalization and exploring the features of its impact on the financial services market. Accordingly, the content of household credit behavior and its individual models are examined. This behavior is proposed to be considered as a process of interaction between entities engaged in joint business activities with financial institutions regarding the receipt of temporary financial resources from banking and non-banking institutions with subsequent use to meet their own needs on terms of return, payment, expediency and security. Within the article, basic features that are inherent in both the classic model of obtaining credit services by clients of financial institutions and the new model of lending, which is formed today as a result of the impact of digitalization processes, are defined and systematized. Study of the results of the analysis of current trends in the development of the financial services market made it possible to identify main perspective directions for further transformation of credit household behavior, the process of lending and changing the paradigm of lending to financial institutions.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"97-102"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45736519","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677815
I. Gontareva, V. Babenko, N. Shmatko, D. Pawliszczy
The fact of growth of inequality in distribution of income both inside the national economies and between the countries is confirmed by many empirical studies. In particular, these are annual reports of the World Bank, UNIDO and European Commission. The growth of inequality in distribution of income causes social tension inside the countries and promotes conflicts between the countries. Entrepreneurship serves as a form of softening social tension. Entrepreneurial activity ensures a significant percentage of employment and self-employment in many countries providing the income of the population at the level above the minimum consumption rate. In some cases, entrepreneurship could serve as a social lift for transition to a higher level of income distribution. The goal of this article is a statistical check of dependence between the level of income inequality and entrepreneurial activity in countries with different levels of GDP. A system approach and correlation analysis are used as the study methods. The statistical check of a correlation between the Gini index and level of entrepreneurial activity showed significant differences in the correlation degree of the said indicators for different countries and time periods. An assumption was made that there is a statistical dependence between the indicators, however, inclusion of additional parameters, among which we can find inequality of the property distribution and the level of institutional support of entrepreneurship, is required.
{"title":"Correlation of Income Inequality and Entrepreneurial Activity","authors":"I. Gontareva, V. Babenko, N. Shmatko, D. Pawliszczy","doi":"10.22094/JOIE.2020.677815","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677815","url":null,"abstract":"The fact of growth of inequality in distribution of income both inside the national economies and between the countries is confirmed by many empirical studies. In particular, these are annual reports of the World Bank, UNIDO and European Commission. The growth of inequality in distribution of income causes social tension inside the countries and promotes conflicts between the countries. Entrepreneurship serves as a form of softening social tension. Entrepreneurial activity ensures a significant percentage of employment and self-employment in many countries providing the income of the population at the level above the minimum consumption rate. In some cases, entrepreneurship could serve as a social lift for transition to a higher level of income distribution. The goal of this article is a statistical check of dependence between the level of income inequality and entrepreneurial activity in countries with different levels of GDP. A system approach and correlation analysis are used as the study methods. The statistical check of a correlation between the Gini index and level of entrepreneurial activity showed significant differences in the correlation degree of the said indicators for different countries and time periods. An assumption was made that there is a statistical dependence between the indicators, however, inclusion of additional parameters, among which we can find inequality of the property distribution and the level of institutional support of entrepreneurship, is required.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"51-56"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48958940","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677820
O. Bilovodska, A. Kholostenko, Zhanna Mandrychenko, O. Volokitenko
The article investigates the peculiarities of the enterprise's innovation activity and its legal regulation, conducts the evaluation of the business strategy for chemical companies according to the manufacturer’s principles of innovation management. The purpose of the paper is to evaluate the business strategy of chemical companies according to the manufacturer’s principles of innovation management. According to the evaluation results it is determined that the business strategy is unstable and needs to be improved. Also there are negative trends in the enterprise’s development and decrease in the efficiency. The complex of recommendations to improve the business strategy which forms the basis for the methodology of the selection the most objective strategic alternative in the chemical companies is proposed. To improve the strategy the authors suggested to expand enterprise’s market share and to implement intensity of product sale for different types of products; to consider the peculiarities of legal regulation for chemical industry in the field of innovative goods production; to keep the trend of production costs reduction; to seek ways to increase the profit of the enterprise by cost control and increasing sales.
{"title":"Innovation Management of Enterprises: Legal Provision and Analytical Tools for Evaluating Business Strategies","authors":"O. Bilovodska, A. Kholostenko, Zhanna Mandrychenko, O. Volokitenko","doi":"10.22094/JOIE.2020.677820","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677820","url":null,"abstract":"The article investigates the peculiarities of the enterprise's innovation activity and its legal regulation, conducts the evaluation of the business strategy for chemical companies according to the manufacturer’s principles of innovation management. The purpose of the paper is to evaluate the business strategy of chemical companies according to the manufacturer’s principles of innovation management. According to the evaluation results it is determined that the business strategy is unstable and needs to be improved. Also there are negative trends in the enterprise’s development and decrease in the efficiency. The complex of recommendations to improve the business strategy which forms the basis for the methodology of the selection the most objective strategic alternative in the chemical companies is proposed. To improve the strategy the authors suggested to expand enterprise’s market share and to implement intensity of product sale for different types of products; to consider the peculiarities of legal regulation for chemical industry in the field of innovative goods production; to keep the trend of production costs reduction; to seek ways to increase the profit of the enterprise by cost control and increasing sales.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"89-96"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44023279","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The relevance of the topic of the study is due to the fact that in Ukraine today, the need to form a perfect system of public finances, stabilize and overcome the uneven regional development of the national economy, which should guarantee a corresponding increase in the financial potential of the regions, is of particular importance. as a result of the analysis of the dynamics of the volumes of financial potential of the regions during the analyzed period, significant asymmetries were revealed, which is caused by the influence of factors of the external and internal environment, both positive and negative content, as well as different levels of economic development of the regions. results of the research The result of the study is a clear identification of the tendencies of economic development of the regions of Ukraine on the basis of their financial potential and the reasons for the deepening of differentiation of development, which makes it possible to develop recommendations for improving the formation of financial potential at the level of regions, aimed at increasing the volume of this potential, which will contribute to ensuring the growing dynamics of regional development.
{"title":"Assessment of the Components of Financial Potential of the Regions of Ukraine","authors":"Davydenko Nadiia, Buryak Alina, Demyanenko Inna, Buryak Mykhailo","doi":"10.22094/JOIE.2020.677816","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677816","url":null,"abstract":"The relevance of the topic of the study is due to the fact that in Ukraine today, the need to form a perfect system of public finances, stabilize and overcome the uneven regional development of the national economy, which should guarantee a corresponding increase in the financial potential of the regions, is of particular importance. as a result of the analysis of the dynamics of the volumes of financial potential of the regions during the analyzed period, significant asymmetries were revealed, which is caused by the influence of factors of the external and internal environment, both positive and negative content, as well as different levels of economic development of the regions. results of the research The result of the study is a clear identification of the tendencies of economic development of the regions of Ukraine on the basis of their financial potential and the reasons for the deepening of differentiation of development, which makes it possible to develop recommendations for improving the formation of financial potential at the level of regions, aimed at increasing the volume of this potential, which will contribute to ensuring the growing dynamics of regional development.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"57-62"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49393556","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677841
A. Ignatyuk, A. Dikiy, L. Shevtsiv, Y. Petlenko, Nataliia I. Klymash, O. Zaitsev
The authors studied and analyzed various concepts and approaches to company value management. They described the advantages and disadvantages of the leading traditional approaches to assessing the value of an enterprise and proposed a model of the dynamics of the company's value, taking into account the ownership structure, explaining the mechanism of the influence of the company's ownership structure on the capital structure. Using an example, we examined the change in the company's value by individual factors and identified which factors have the most significant positive and negative impact.
{"title":"Determination of the Company's Value under the Influence of Various Factors","authors":"A. Ignatyuk, A. Dikiy, L. Shevtsiv, Y. Petlenko, Nataliia I. Klymash, O. Zaitsev","doi":"10.22094/JOIE.2020.677841","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677841","url":null,"abstract":"The authors studied and analyzed various concepts and approaches to company value management. They described the advantages and disadvantages of the leading traditional approaches to assessing the value of an enterprise and proposed a model of the dynamics of the company's value, taking into account the ownership structure, explaining the mechanism of the influence of the company's ownership structure on the capital structure. Using an example, we examined the change in the company's value by individual factors and identified which factors have the most significant positive and negative impact.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"151-157"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45129362","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677817
M. Demianchuk, M. Bezpartochnyi, L. Filipishyna, M. Zivitere
The application of the latest digital technologies changes the ways of thinking of entrepreneurial behaviour and motivation of decision-making, principles of organization of their functioning, so the purpose of work is to form a model of achieving a balanced balance between economic efficiency and environmental and social responsibility of the digitized enterprise, determining the scientific bases for managing such processes. Methods of grouping and formalization, structural-logical and qualitative system analysis and synthesis were used in the research process. The model of achieving a balanced equilibrium is a process of harmonizing the activity of an existing (undesirable) state and achieving an equilibrium state through gradual transformations. The mechanism of control of transformation processes contains information, resource and formative levels of management. The logical-structural matrix contains the main problems and the expected results of balanced development.
{"title":"The Model of Achieving a Balanced Balance between Economic Efficiency and Ecological-Social Responsibility of Digitalized Enterprise","authors":"M. Demianchuk, M. Bezpartochnyi, L. Filipishyna, M. Zivitere","doi":"10.22094/JOIE.2020.677817","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677817","url":null,"abstract":"The application of the latest digital technologies changes the ways of thinking of entrepreneurial behaviour and motivation of decision-making, principles of organization of their functioning, so the purpose of work is to form a model of achieving a balanced balance between economic efficiency and environmental and social responsibility of the digitized enterprise, determining the scientific bases for managing such processes. Methods of grouping and formalization, structural-logical and qualitative system analysis and synthesis were used in the research process. The model of achieving a balanced equilibrium is a process of harmonizing the activity of an existing (undesirable) state and achieving an equilibrium state through gradual transformations. The mechanism of control of transformation processes contains information, resource and formative levels of management. The logical-structural matrix contains the main problems and the expected results of balanced development.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"63-70"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48485723","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677839
Inese Mavlutova, V. Babenko, V. Dykan, N. Prokopenko, S. Kalinichenko, I. Tokmakova
Restructuring is relevant for companies that have free capital and need to expand for development purposes, as well as for companies that have relatively large problems with financial results and the relevant indicators indicate the necessary changes. Motives of the restructuring may be different, the authors put forward the following reasons: operation operational synergy, financial synergy, diversification, economic motives. Restructuring is one of the key methods for company’s financial position strengthening. Motives of restructuring are various, but the objective is company's value increase and the strengthening of financial position. The authors investigate the essence of the company's financial strategy, studied restructuring as a modern approach of company development in the crisis period, as well as the company's valuation and financial analysis methods, which were used for restructuring.
{"title":"Business Restructuring as a Method of Strengtening Company’s Financial Position","authors":"Inese Mavlutova, V. Babenko, V. Dykan, N. Prokopenko, S. Kalinichenko, I. Tokmakova","doi":"10.22094/JOIE.2020.677839","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677839","url":null,"abstract":"Restructuring is relevant for companies that have free capital and need to expand for development purposes, as well as for companies that have relatively large problems with financial results and the relevant indicators indicate the necessary changes. Motives of the restructuring may be different, the authors put forward the following reasons: operation operational synergy, financial synergy, diversification, economic motives. Restructuring is one of the key methods for company’s financial position strengthening. Motives of restructuring are various, but the objective is company's value increase and the strengthening of financial position. The authors investigate the essence of the company's financial strategy, studied restructuring as a modern approach of company development in the crisis period, as well as the company's valuation and financial analysis methods, which were used for restructuring.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"129-139"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49334524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677844
Yaroslav Kichuk, Valentyna Kunchenko-Kharchenko, N. Hrushchynska, Yuliia Zhukova, O. Yarish
To determine the directions of managing the intellectual capital of a university, the authors studied the impact of the knowledge economy on the education sector, analysed the most prestigious international rankings of universities and their criteria and methodologies, assessed the current state and prospects of Ukrainian universities in global rankings. The study of theoretical developments has proven the importance of the intellectual capital of the university and its ability to increase the competitive advantages of universities. Authors proposed the mechanism of institutions of higher education intellectual capital management in the knowledge economy, which provides a synergistic effect of all components of intellectual capital and will increase the competitive advantages of Ukrainian universities.
{"title":"Intellectual Capital of Institutions of Higher Education in the Knowledge Economy","authors":"Yaroslav Kichuk, Valentyna Kunchenko-Kharchenko, N. Hrushchynska, Yuliia Zhukova, O. Yarish","doi":"10.22094/JOIE.2020.677844","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677844","url":null,"abstract":"To determine the directions of managing the intellectual capital of a university, the authors studied the impact of the knowledge economy on the education sector, analysed the most prestigious international rankings of universities and their criteria and methodologies, assessed the current state and prospects of Ukrainian universities in global rankings. The study of theoretical developments has proven the importance of the intellectual capital of the university and its ability to increase the competitive advantages of universities. Authors proposed the mechanism of institutions of higher education intellectual capital management in the knowledge economy, which provides a synergistic effect of all components of intellectual capital and will increase the competitive advantages of Ukrainian universities.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"183-190"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44943523","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677867
S. Zakharin, S. Stoyanova-Koval, I. Kychko, V. Marhasova, I. Shupta
The article presents the results of a study of the nature and characteristics of investment processes in the agricultural sector (by the example of agriculture and food industry in Ukraine), as well as recommendations on the modernization of the mechanisms for strategic management of these processes. It is noted that the restoration and development of Ukraine is possible on the basis of the effective development of agricultural entrepreneurship, which can be achieved through the use of a set of interrelated measures of a financial, economic, industrial, technical, organizational and social nature, aimed at the withdrawal of such anti-crisis and restoration organizations or their achievement profitability and competitiveness. The state policy for the development of agricultural enterprises should provide for the creation of a favorable investment climate for domestic and foreign investment. The authors note that in modern conditions of development of the national macroeconomic environment, the solution of this problem involves not only the development and formulation of market strategies, but primarily the solution to the problem of creating and implementing an effective mechanism for implementing intra-industry strategic decisions. At the same time, it should be taken into account that many issues of the formation and implementation of the state policy for regulating the development of agricultural enterprises in the face of institutional uncertainty and financial instability have not yet received adequate coverage. the authors concluded that direct government subsidies for agribusiness in Ukraine are harmful. They are distributed opaque, distort competition, produce corruption and nervousness. As a result, the interest of diligent agricultural producers is declining. Corruption and opacity lead to an unreasonable increase in prices for agricultural products. Based on the analysis, it is shown that the best way of state support for agricultural production is investment in rural areas - an increase in investment costs for roads or education in rural areas. It should also be taken into account that one of the tasks of state policy is to increase employment in rural areas, therefore it is necessary to support not only individual producers, but also “non-agricultural” employment, for example, “green tourism”. Also, government support should be distributed “automatically”, and not selectively. For this, it is important to develop and implement appropriate criteria. the economic security of economic entities in the agricultural sector should be the subject of an economic strategy in the food industry. The reduction or exclusion of business entities from participation in many areas of intra-industry life creates enormous economic risks (threats) for the near and long-term prospects of the food industry. Therefore, in order to ensure socio-economic development in the food industry, it is necessary to develop and introduce intra-industry socio-economic po
{"title":"Strategic Management of the Investment Process in the Agricultural Sector (for Example, Agricultural Enterprises and the Food Industry)","authors":"S. Zakharin, S. Stoyanova-Koval, I. Kychko, V. Marhasova, I. Shupta","doi":"10.22094/JOIE.2020.677867","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677867","url":null,"abstract":"The article presents the results of a study of the nature and characteristics of investment processes in the agricultural sector (by the example of agriculture and food industry in Ukraine), as well as recommendations on the modernization of the mechanisms for strategic management of these processes. It is noted that the restoration and development of Ukraine is possible on the basis of the effective development of agricultural entrepreneurship, which can be achieved through the use of a set of interrelated measures of a financial, economic, industrial, technical, organizational and social nature, aimed at the withdrawal of such anti-crisis and restoration organizations or their achievement profitability and competitiveness. The state policy for the development of agricultural enterprises should provide for the creation of a favorable investment climate for domestic and foreign investment. The authors note that in modern conditions of development of the national macroeconomic environment, the solution of this problem involves not only the development and formulation of market strategies, but primarily the solution to the problem of creating and implementing an effective mechanism for implementing intra-industry strategic decisions. At the same time, it should be taken into account that many issues of the formation and implementation of the state policy for regulating the development of agricultural enterprises in the face of institutional uncertainty and financial instability have not yet received adequate coverage. the authors concluded that direct government subsidies for agribusiness in Ukraine are harmful. They are distributed opaque, distort competition, produce corruption and nervousness. As a result, the interest of diligent agricultural producers is declining. Corruption and opacity lead to an unreasonable increase in prices for agricultural products. Based on the analysis, it is shown that the best way of state support for agricultural production is investment in rural areas - an increase in investment costs for roads or education in rural areas. It should also be taken into account that one of the tasks of state policy is to increase employment in rural areas, therefore it is necessary to support not only individual producers, but also “non-agricultural” employment, for example, “green tourism”. Also, government support should be distributed “automatically”, and not selectively. For this, it is important to develop and implement appropriate criteria. the economic security of economic entities in the agricultural sector should be the subject of an economic strategy in the food industry. The reduction or exclusion of business entities from participation in many areas of intra-industry life creates enormous economic risks (threats) for the near and long-term prospects of the food industry. Therefore, in order to ensure socio-economic development in the food industry, it is necessary to develop and introduce intra-industry socio-economic po","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"209-218"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42411194","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-03-01DOI: 10.22094/JOIE.2020.677865
V. Vovk, Y. Zhezherun, L. Gudz, O. Perederii
The article investigates the role of bank capital in financing reproduction processes and increase of economic growth indicators, considers the essence of the concept of “bank capitalization”, determines the structure and main sources of bank capital increase. Taking into account the fact that Ukraine and Poland have similar vectors of economic development, the current practices of increasing the bank capitalization, as well as the peculiarities of the action of the governments of the two countries in the negative financial and economic crisis, positive and negative aspects of regulatory policies aimed at restoring financial stability and resistance of the banking sector of Ukraine and Poland have been identified. The study of legal aspects of regulating the capitalization of banks allowed to generalize the requirements for the level of capitalization by the central banks of Ukraine and Poland, as well as to determine the features of regulating the capital adequacy of banks by supervisors in the context of Basel III. The structure and dynamics of the capital of banks of Ukraine and Poland during 2012-2019 have been analyzed. The relationship between the level of capitalization and the level of economic development of the country has been revealed. The peculiarities of the recapitalization of banks with the participation of the state have been clarified. The main attention has been paid to the complex analysis of the experience of capitalization of Polish banks, and the ways of its use in Ukraine have been substantiated.
{"title":"Innovative Instruments and Legal Mechanisms of Bank Capitalization: National Features and World Trends","authors":"V. Vovk, Y. Zhezherun, L. Gudz, O. Perederii","doi":"10.22094/JOIE.2020.677865","DOIUrl":"https://doi.org/10.22094/JOIE.2020.677865","url":null,"abstract":"The article investigates the role of bank capital in financing reproduction processes and increase of economic growth indicators, considers the essence of the concept of “bank capitalization”, determines the structure and main sources of bank capital increase. Taking into account the fact that Ukraine and Poland have similar vectors of economic development, the current practices of increasing the bank capitalization, as well as the peculiarities of the action of the governments of the two countries in the negative financial and economic crisis, positive and negative aspects of regulatory policies aimed at restoring financial stability and resistance of the banking sector of Ukraine and Poland have been identified. The study of legal aspects of regulating the capitalization of banks allowed to generalize the requirements for the level of capitalization by the central banks of Ukraine and Poland, as well as to determine the features of regulating the capital adequacy of banks by supervisors in the context of Basel III. The structure and dynamics of the capital of banks of Ukraine and Poland during 2012-2019 have been analyzed. The relationship between the level of capitalization and the level of economic development of the country has been revealed. The peculiarities of the recapitalization of banks with the participation of the state have been clarified. The main attention has been paid to the complex analysis of the experience of capitalization of Polish banks, and the ways of its use in Ukraine have been substantiated.","PeriodicalId":36956,"journal":{"name":"Journal of Optimization in Industrial Engineering","volume":"14 1","pages":"191-198"},"PeriodicalIF":0.0,"publicationDate":"2021-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45428767","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}