{"title":"The impacts of leader-member exchange, psychological capital, and job crafting on innovative behavior: Evidence from the public sector","authors":"Windraya Adikara, Budi W Soetjipto","doi":"10.13165/ie-21-15-1-03","DOIUrl":"https://doi.org/10.13165/ie-21-15-1-03","url":null,"abstract":"","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262358","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}
Dariya Basyuk, I. Levytska, L. Ivchenko, Iryna Semenyshyna, S. Koliadenko
This study is dedicated to innovative approaches to the individualization of service in institutions in the restaurant industry based on the requirements of balanced nutrition and cost optimization. The study was conducted on the materials of the existing objects of the restaurant industry in Kyiv (Ukraine), taking into account the approved norms of the energy value of the daily diet for different age groups. The solving of the problem was carried out by linear programming methods on the example of a specific category of consumers: men aged 18–29 years old. The coefficient of physical activity was set at 1.4, with which the optimization task of compiling menus from Ukrainian and Georgian cuisine was formulated. The prices of famous Kiev restaurants, the content of nutrients and energy values of dishes, and the nutrient consumption rates were established for the selected category of customers and used as the initial data. It is demonstrated that the condition for minimization of the target function (account) allows for a reduction in the cost of nutrition by up to 20%, without reducing energy value and nutrition. Substantiated proposals in the study for the compilation of an individual menu can be the basis for the diversification of restaurant services and increase the competitiveness of the enterprises in the industry, as they take into account the current trends in nutrition and the requirements of the organization for useful and controlled nutrition with restrictions on the content of energy and useful substances, whilst also minimizing the cost of the check. They can be implemented in restaurant establishments in the form of the introduction of an additional module in widespread information and payment systems (Fidello F&B, Micros, “Parus-Restaurant,” SERVIO, 1C-Rarus: Restaurant + Bar + Cafe, Iiko, R-keeper, others.).
{"title":"OPTIMIZATION OF THE MENU FOR INSTITUTIONS OF RESTAURANT INDUSTRY BASED ON MATHEMATICAL MODELLING METHODS","authors":"Dariya Basyuk, I. Levytska, L. Ivchenko, Iryna Semenyshyna, S. Koliadenko","doi":"10.13165/ie-20-14-1-08","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-08","url":null,"abstract":"This study is dedicated to innovative approaches to the individualization of service in institutions in the restaurant industry based on the requirements of balanced nutrition and cost optimization. The study was conducted on the materials of the existing objects of the restaurant industry in Kyiv (Ukraine), taking into account the approved norms of the energy value of the daily diet for different age groups. The solving of the problem was carried out by linear programming methods on the example of a specific category of consumers: men aged 18–29 years old. The coefficient of physical activity was set at 1.4, with which the optimization task of compiling menus from Ukrainian and Georgian cuisine was formulated. The prices of famous Kiev restaurants, the content of nutrients and energy values of dishes, and the nutrient consumption rates were established for the selected category of customers and used as the initial data. It is demonstrated that the condition for minimization of the target function (account) allows for a reduction in the cost of nutrition by up to 20%, without reducing energy value and nutrition. Substantiated proposals in the study for the compilation of an individual menu can be the basis for the diversification of restaurant services and increase the competitiveness of the enterprises in the industry, as they take into account the current trends in nutrition and the requirements of the organization for useful and controlled nutrition with restrictions on the content of energy and useful substances, whilst also minimizing the cost of the check. They can be implemented in restaurant establishments in the form of the introduction of an additional module in widespread information and payment systems (Fidello F&B, Micros, “Parus-Restaurant,” SERVIO, 1C-Rarus: Restaurant + Bar + Cafe, Iiko, R-keeper, others.).","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43931108","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}
L. Trachenko, N. Verkhoglyadova, N. Shevchenko, I. Kononova, I. Sokolovska
Decision-making in the formation of quality management systems for compliance with the requirements of the international standard ISO 9001:2015 should be a strategically important area of activity for enterprises in the service sector, and should be based on the use of effective methods, measures, methodology, and other quality management tools. The aim of this article is to study the existing methodological approaches to the evaluation of the quality management systems of enterprises and to develop effective practical tools for their application in the field of engineering services. The existing methodological approaches to the evaluation of the quality management systems of enterprises are considered, and attention is focused on the advantages and disadvantages of each of them. Directions for the estimation of the quality management systems of enterprises in the sphere of engineering services on the basis of requirements of the international standard ISO 9001:2015 are offered. An algorithm for the expert evaluation of the processes of quality management systems of an enterprise in the field of engineering services is developed, and recommendations for its application are provided. The expediency of applying the methodology of the balanced scorecard (BSC) for the evaluation of quality management systems of enterprises in the field of engineering services is also substantiated. A strategic map of an enterprise in the field of engineering services is formed on the basis of a balanced system of indicators for the assessment of quality management systems. A comparative analysis of the costs of the business processes of an enterprise in the field of engineering services before and after the implementation of the quality management system is conducted, alongside the calculation of the economic effect of this implementation.
{"title":"ASSESSMENT OF QUALITY MANAGEMENT SYSTEMS OF SERVICE COMPANIES","authors":"L. Trachenko, N. Verkhoglyadova, N. Shevchenko, I. Kononova, I. Sokolovska","doi":"10.13165/ie-20-14-1-03","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-03","url":null,"abstract":"Decision-making in the formation of quality management systems for compliance with the requirements of the international standard ISO 9001:2015 should be a strategically important area of activity for enterprises in the service sector, and should be based on the use of effective methods, measures, methodology, and other quality management tools. The aim of this article is to study the existing methodological approaches to the evaluation of the quality management systems of enterprises and to develop effective practical tools for their application in the field of engineering services. The existing methodological approaches to the evaluation of the quality management systems of enterprises are considered, and attention is focused on the advantages and disadvantages of each of them. Directions for the estimation of the quality management systems of enterprises in the sphere of engineering services on the basis of requirements of the international standard ISO 9001:2015 are offered. An algorithm for the expert evaluation of the processes of quality management systems of an enterprise in the field of engineering services is developed, and recommendations for its application are provided. The expediency of applying the methodology of the balanced scorecard (BSC) for the evaluation of quality management systems of enterprises in the field of engineering services is also substantiated. A strategic map of an enterprise in the field of engineering services is formed on the basis of a balanced system of indicators for the assessment of quality management systems. A comparative analysis of the costs of the business processes of an enterprise in the field of engineering services before and after the implementation of the quality management system is conducted, alongside the calculation of the economic effect of this implementation.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41650201","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}
This study is devoted to the development of theoretical foundations and the formalization of the method for assessing the adaptability of existing scientific concepts for the purposes of developing accounting, and is based on an analysis of the advantages and disadvantages of scientific concepts when applied to research on accounting and the development of its theory. The article uses empirical analysis for assessment of the feasibility of applying a specific scientific concept, formalized in accordance with reasonable criteria. These criteria include: grouping based on the presence of common features; analyzing the principles of compliance with the principles of the concept of accounting; and empirical assessment of the impact of the concept on the methodology of accounting through predicting the negative consequences of its application. Research results indicate that the application of various scientific concepts and theories in the development of accounting does not always contribute to the solution of accounting problems and tasks. In order to minimize the risks of choosing a false basis for scientific research in the field of accounting, a method for evaluating the effectiveness of the concepts of scientific change has been proposed. The novelty of the proposed approach is that, unlike the existing ones, it allows the mathematical identification of the concept’s adaptability and is based on digital values. Thanks to its use, an informed choice of the most effective concept for researching and solving accounting problems is ensured, which makes it possible to avoid choosing a false basis of scientific research.
{"title":"EVALUATION OF THE ADAPTABILITY OF SCIENTIFIC THEORIES FOR THE DEVELOPMENT OF ACCOUNTING INSTITUTE","authors":"N. Semenyshena, N. Khorunzhak, I. Sadovska","doi":"10.13165/ie-20-14-1-07","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-07","url":null,"abstract":"This study is devoted to the development of theoretical foundations and the formalization of the method for assessing the adaptability of existing scientific concepts for the purposes of developing accounting, and is based on an analysis of the advantages and disadvantages of scientific concepts when applied to research on accounting and the development of its theory. The article uses empirical analysis for assessment of the feasibility of applying a specific scientific concept, formalized in accordance with reasonable criteria. These criteria include: grouping based on the presence of common features; analyzing the principles of compliance with the principles of the concept of accounting; and empirical assessment of the impact of the concept on the methodology of accounting through predicting the negative consequences of its application. Research results indicate that the application of various scientific concepts and theories in the development of accounting does not always contribute to the solution of accounting problems and tasks. In order to minimize the risks of choosing a false basis for scientific research in the field of accounting, a method for evaluating the effectiveness of the concepts of scientific change has been proposed. The novelty of the proposed approach is that, unlike the existing ones, it allows the mathematical identification of the concept’s adaptability and is based on digital values. Thanks to its use, an informed choice of the most effective concept for researching and solving accounting problems is ensured, which makes it possible to avoid choosing a false basis of scientific research.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46344256","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}
L. Filipishyna, L. Hryshyna, I. Zhuvahina, T. Ponedilchuk, I. Paska
In this article we have considered methods of information and analytical support used in the formulation of a sustainable economic development strategy for industrial enterprises. The purpose of this study is the methodological and applied justification for choosing a scenario for sustainable development in the system of strategic management of industrial enterprises in order to improve their performance indicators, competitiveness, and social responsibility. We have offered a methodical approach for the criterion assessment of qualitative, quantitative, and financial indicators of both the enterprise and the external environment’s strategic potential. Analysis of enterprise management systems has been carried out on the basis of calculations taking into account the national program of sustainable development, and a further strategy for the development of industrial enterprises has been offered. It is substantiated that, to form effective strategies aimed at ensuring sustainable economic development, an analytical system of support for strategic decisions is needed. One of the components of such a system is a set of adequate mathematical models that will determine the key factors of the internal environment at an enterprise that affect its sustainable development. Its usage in practice will allow for the optimization of costs in functional areas when developing corporate decomposition strategy, and will allow for the building of determining factor models, the reflection of the relationship between key indicators, the compilation of forecast reports, and the performing of both situational and sensitivity analysis.
{"title":"MODEL SCENARIOS OF SUSTAINABLE DEVELOPMENT STRATEGY IN THE FORMULATION OF MECHANISMS FOR ENTERPRISE SUPPORT RESOURCES","authors":"L. Filipishyna, L. Hryshyna, I. Zhuvahina, T. Ponedilchuk, I. Paska","doi":"10.13165/ie-20-14-1-02","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-02","url":null,"abstract":"In this article we have considered methods of information and analytical support used in the formulation of a sustainable economic development strategy for industrial enterprises. The purpose of this study is the methodological and applied justification for choosing a scenario for sustainable development in the system of strategic management of industrial enterprises in order to improve their performance indicators, competitiveness, and social responsibility. We have offered a methodical approach for the criterion assessment of qualitative, quantitative, and financial indicators of both the enterprise and the external environment’s strategic potential. Analysis of enterprise management systems has been carried out on the basis of calculations taking into account the national program of sustainable development, and a further strategy for the development of industrial enterprises has been offered. It is substantiated that, to form effective strategies aimed at ensuring sustainable economic development, an analytical system of support for strategic decisions is needed. One of the components of such a system is a set of adequate mathematical models that will determine the key factors of the internal environment at an enterprise that affect its sustainable development. Its usage in practice will allow for the optimization of costs in functional areas when developing corporate decomposition strategy, and will allow for the building of determining factor models, the reflection of the relationship between key indicators, the compilation of forecast reports, and the performing of both situational and sensitivity analysis.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48450520","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}
V. Psota, L. Chyzhevska, Olena Osychka, S. Zaika, N. Koval
Corruption, as a social phenomenon, destroys the system of government, jeopardizes basic democratic values, delays economic development, and impedes the development of healthy competition in the economy. The increasing number of anti-corruption measures that have arisen around the world in the past few decades testify to the importance of this issue. The purpose of this paper is to investigate the anti-corruption measures that exist internationally in the field of public procurement. This paper will also research and analyze the innovations that have been adopted into Ukrainian legislation, and consider their impact on overcoming corruption in the public economy sector. The results of the study show that thanks to public procurement reforms, the introduction of e-procurement, transparency in the tender processes, and increased leverage on unfair bidders, there has been a tendency to make savings in public finances. At the same time, competition remains low due to imperfect legislation and low trust in the integrity of officials. In the fight against corruption, the authors consider it necessary to increase competition in procurement by enhancing operational control of procedures, namely the development of a public procurement monitoring system. The study presented reveals the widespread corruption schemes that have been developed in the system of public procurement in Ukraine, reveals the cause and effect of the inadequacy of the reforms carried out, and develops directions for further reforms of the system in order to overcome corruption in the public sector.
{"title":"COMPETITION IN PUBLIC PROCUREMENT IN THE FIGHT AGAINST CORRUPTION: ANALYSIS OF AN EXAMPLE OF UKRAINE","authors":"V. Psota, L. Chyzhevska, Olena Osychka, S. Zaika, N. Koval","doi":"10.13165/ie-20-14-1-06","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-06","url":null,"abstract":"Corruption, as a social phenomenon, destroys the system of government, jeopardizes basic democratic values, delays economic development, and impedes the development of healthy competition in the economy. The increasing number of anti-corruption measures that have arisen around the world in the past few decades testify to the importance of this issue. The purpose of this paper is to investigate the anti-corruption measures that exist internationally in the field of public procurement. This paper will also research and analyze the innovations that have been adopted into Ukrainian legislation, and consider their impact on overcoming corruption in the public economy sector. The results of the study show that thanks to public procurement reforms, the introduction of e-procurement, transparency in the tender processes, and increased leverage on unfair bidders, there has been a tendency to make savings in public finances. At the same time, competition remains low due to imperfect legislation and low trust in the integrity of officials. In the fight against corruption, the authors consider it necessary to increase competition in procurement by enhancing operational control of procedures, namely the development of a public procurement monitoring system. The study presented reveals the widespread corruption schemes that have been developed in the system of public procurement in Ukraine, reveals the cause and effect of the inadequacy of the reforms carried out, and develops directions for further reforms of the system in order to overcome corruption in the public sector.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45772355","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 role of Bulgarian municipalities in the processes of programs that implement EU funds is absolutely undeniable. They are direct or potential beneficiaries of the major part of the operational programs – both in the previous and current programming period. More so, they are the beneficiaries of so-called “big projects” (according to the European legislation, projects with budgets over €50 million), which are key infrastructure projects in priority sectors such as transport and water infrastructure. This paper is devoted to these municipalities and their attitudes towards European funds in the context of the overall development of the municipalities. The study is based on empirical research among representatives (n = 73) of the Bulgarian municipalities, and their perceptions on the importance of EU funds and programs for the municipalities’ development.
{"title":"BULGARIAN MUNICIPALITIES: KEY PLAYERS IN THE PROCESS OF THE IMPLEMENTATION OF EU FUNDS AT THE NATIONAL LEVEL","authors":"Miglena Angelova","doi":"10.13165/ie-20-14-1-09","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-09","url":null,"abstract":"The role of Bulgarian municipalities in the processes of programs that implement EU funds is absolutely undeniable. They are direct or potential beneficiaries of the major part of the operational programs – both in the previous and current programming period. More so, they are the beneficiaries of so-called “big projects” (according to the European legislation, projects with budgets over €50 million), which are key infrastructure projects in priority sectors such as transport and water infrastructure. This paper is devoted to these municipalities and their attitudes towards European funds in the context of the overall development of the municipalities. The study is based on empirical research among representatives (n = 73) of the Bulgarian municipalities, and their perceptions on the importance of EU funds and programs for the municipalities’ development.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43069187","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}
K. Nurasheva, D. Kulanova, G. Abdikerimova, A. Mergenbayeva, Ismailbek I. Shalabayev
This article is devoted to the development of the financial market in Central Asia. The economic situation in the states of the region and their competitiveness are also considered. The study used the IMF, WEF, and WB databases, as well as statistics of the EAEU countries. The authors used logical conclusions, the selection of necessary information, and systems analysis when considering the business environment and state regulation measures in the countries of the region. It is noted that the banking sector of Kazakhstan is the most integrated one into the global financial system. Uncertainty in the development of banks in Kyrgyzstan, the isolation of the banking sector in Turkmenistan, and the dependence of credit institutions in Uzbekistan and Tajikistan on administrative intervention are presented. The rates of competitiveness of the financial markets of Central Asian countries are very low – even Kazakhstan, with a fairly developed market of securities, is in 114th place among the 144 countries of the world. Legislation regulating the operation of the stock markets of the Central Asian countries has not yet been formed, Kazakhstan and Kyrgyzstan do not meet international standards, and Tajikistan and Turkmenistan do not officially have stock exchanges. The example of Kazakhstan shows that the capitalization of the stock market is growing, and the stock market ecosystem has been built. The placement of shares of national companies on the London Stock Exchange allowed for the increase of capital, but small trading volumes, an insufficient number of financial instruments, and a limited number of investors hinder the development of the domestic stock market. It is proposed to involve local business structures, enterprises, and the population in investing in socially significant projects through the issuance of municipal bonds.
{"title":"PROBLEMS OF FINANCIAL MARKET DEVELOPMENT IN CENTRAL ASIA (ON THE MODEL OF KAZAKHSTAN)","authors":"K. Nurasheva, D. Kulanova, G. Abdikerimova, A. Mergenbayeva, Ismailbek I. Shalabayev","doi":"10.13165/ie-20-14-1-01","DOIUrl":"https://doi.org/10.13165/ie-20-14-1-01","url":null,"abstract":"This article is devoted to the development of the financial market in Central Asia. The economic situation in the states of the region and their competitiveness are also considered. The study used the IMF, WEF, and WB databases, as well as statistics of the EAEU countries. The authors used logical conclusions, the selection of necessary information, and systems analysis when considering the business environment and state regulation measures in the countries of the region. It is noted that the banking sector of Kazakhstan is the most integrated one into the global financial system. Uncertainty in the development of banks in Kyrgyzstan, the isolation of the banking sector in Turkmenistan, and the dependence of credit institutions in Uzbekistan and Tajikistan on administrative intervention are presented. The rates of competitiveness of the financial markets of Central Asian countries are very low – even Kazakhstan, with a fairly developed market of securities, is in 114th place among the 144 countries of the world. Legislation regulating the operation of the stock markets of the Central Asian countries has not yet been formed, Kazakhstan and Kyrgyzstan do not meet international standards, and Tajikistan and Turkmenistan do not officially have stock exchanges. The example of Kazakhstan shows that the capitalization of the stock market is growing, and the stock market ecosystem has been built. The placement of shares of national companies on the London Stock Exchange allowed for the increase of capital, but small trading volumes, an insufficient number of financial instruments, and a limited number of investors hinder the development of the domestic stock market. It is proposed to involve local business structures, enterprises, and the population in investing in socially significant projects through the issuance of municipal bonds.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-08-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48186562","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}
O. Petryk, O. Diadiun, N. Semenyshena, N. Khorunzhak, S. Kalinichenko
The purpose of the present research is to determine the advantages and disadvantages of integrated reporting in the context of disclosures of company intangible assets. A comprehensive approach to management envisages incorporation of the influence of intangible factors into the process of creation of the company’s value. In spite of the growing role of intangible assets (especially in the course of introduction and further implementation of sustainable development principles), financial reporting does not provide complete disclosure of information about such resources. Thus, identification of the place of intangible assets within the integrated reporting structure requires detailed studying. The research is based on the requirements of the fundamental documents of the UN, International Integrated Reporting Council (IIRC), International Accounting Standards Board (IASB), and on empirical data obtained in the process of analysis of reporting for Ukrainian companies as well.
{"title":"Integrated Reporting in the Conditions of Sustainable Development: Institutionalization Through Standardization","authors":"O. Petryk, O. Diadiun, N. Semenyshena, N. Khorunzhak, S. Kalinichenko","doi":"10.13165/IE-20-14-2-05","DOIUrl":"https://doi.org/10.13165/IE-20-14-2-05","url":null,"abstract":"The purpose of the present research is to determine the advantages and disadvantages of integrated reporting in the context of disclosures of company intangible assets. A comprehensive approach to management envisages incorporation of the influence of intangible factors into the process of creation of the company’s value. In spite of the growing role of intangible assets (especially in the course of introduction and further implementation of sustainable development principles), financial reporting does not provide complete disclosure of information about such resources. Thus, identification of the place of intangible assets within the integrated reporting structure requires detailed studying. The research is based on the requirements of the fundamental documents of the UN, International Integrated Reporting Council (IIRC), International Accounting Standards Board (IASB), and on empirical data obtained in the process of analysis of reporting for Ukrainian companies as well.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262279","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}
O. Mykytiuk, Z. Varnalii, D. Nikytenko, S. Gędek, L. Pashnyuk
Welfare of the population and investment are known to be drivers of economic growth. The paper explores the concept of economic growth and the development of determinants of this economic phenomenon. Since the beginning of the 20th century, economic models based on the premise that investment factors lead to the growth of a nation have been widely used. Since GDP is a quantitative indicator that allows making conclusions about a country’s economic growth, this paper studies GDP dynamics in Ukraine, compared to other regions, and identifies its link with the FDI. The article analyzes the dynamics of direct foreign investments on regional and global scales, and compares them with trends in world gross product changes, which is a direct expression of a region’s growth status. To test our hypothesis on the interrelation between GDP and macroeconomic indicators such as FDI, inflation index, and discount rate, we conducted panel studies using data from Ukraine, Georgia, Serbia, and Romania. The findings suggest that foreign direct investments constitute one of the sources of a country’s GDP growth and, therefore, it can be considered an important determinant of a country’s economic development.
{"title":"Investment Determinants of Economic Growth: World Experience and Ukraine","authors":"O. Mykytiuk, Z. Varnalii, D. Nikytenko, S. Gędek, L. Pashnyuk","doi":"10.13165/IE-20-14-2-07","DOIUrl":"https://doi.org/10.13165/IE-20-14-2-07","url":null,"abstract":"Welfare of the population and investment are known to be drivers of economic growth. The paper explores the concept of economic growth and the development of determinants of this economic phenomenon. Since the beginning of the 20th century, economic models based on the premise that investment factors lead to the growth of a nation have been widely used. Since GDP is a quantitative indicator that allows making conclusions about a country’s economic growth, this paper studies GDP dynamics in Ukraine, compared to other regions, and identifies its link with the FDI. The article analyzes the dynamics of direct foreign investments on regional and global scales, and compares them with trends in world gross product changes, which is a direct expression of a region’s growth status. To test our hypothesis on the interrelation between GDP and macroeconomic indicators such as FDI, inflation index, and discount rate, we conducted panel studies using data from Ukraine, Georgia, Serbia, and Romania. The findings suggest that foreign direct investments constitute one of the sources of a country’s GDP growth and, therefore, it can be considered an important determinant of a country’s economic development.","PeriodicalId":37115,"journal":{"name":"Intellectual Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66262344","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}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：