Development strategy
The paper reviews the possible trends in the dynamics of domestic needs for the ferrous metallurgy products in the Russian Federation for the period of 20–30 years in order to account them when drafting the plans of the branch development.
The paper focuses on the basic provisions of the theory presented by the 2009 Nobel award winner E. Ostrom. Special attention is given to the ability of local communities of self-organizing when natural resources are consumed. Ostrom disproves the mainstream arguments that the optimal use of the resources can only be achieved under the government control or in the case of their privatization. Ostrom derives the main principles of self-organization of the local communities enabling them to optimize the consumption of the resources. In the last part of the paper the authors extrapolate the Ostrom findings, which were made in application to the natural systems, to the man-made systems – modern industrial enterprises owned by their personnel.
The paper discusses the problems of the organization of vocational practical work of students. The arguments of the educational institutions heads are presented, who are basically for the state-regulatory approach to solving this problem. The recommendations are given as to feasible variants to organize the practical training of students.
The transition to sustainable development makes it necessary to include environmental factors in the basic socio-economic indicators. The paper deals with the integration of environmental constrains into determination of the industrial enterprises competitiveness. The fundamental distinction of the environmentally adjusted competitiveness is the employment of environmentally adjusted indicators. Therefore, if a company’s activity is detrimental to the environment due to unsustainable consumption of the resources or due to the environmental pollution, all the economic indicators become changed.
The state of the machine-building industrial branch has been studied and the basic problems of its functioning in Russia are shown. The indicators of manufacture in the motor industrial sector are thoroughly characterized. The development tendencies for 2020 are tracked.
Corporate management
The paper highlights the global causes of the complications that arise in an enterprise’s financial state. Within a particular company a system of indicators has been developed to assess the threat of a financial crisis at the company in the context of individual observation of subjects within the «crisis field». The system makes it possible to timely diagnose the crisis symptoms.
The transition to sustainable development makes it necessary to include environmental factors into the basic socioeconomic indicators. In this paper the environmental constrains are integrated in determining the competitiveness of industrial enterprises. The fundamental distinction of the environmentally adjusted competitiveness of industrial enterprises is the employment of the environmentally adjusted indicators. So, if the company’s activity is detrimental to the environment due to unsustainable use of resources or environmental pollution, it leads to a change in all major economic indicators.
In the given article experience of management by the property at the enterprises with the property of which is a version of the closed joint-stock companies is considered. Legal features of these enterprises allow connecting economic interests of various commodity producers, and organizational legal forms represent symbiosis of collective and joint-stock business.
It is shown that an increase in the added cost can serve as an indicator of the high degree of readiness of titanium products. For the purpose of comparison the authors single out four possible levels of formation of the added cost.
It is found that for comparison of indicators at various levels their specific values per one rouble of the sold products should be counted. A system of indicators to characterize formation of the added cost and also production efficiency at separate levels has been developed.
The suggested technique allows to analyze the structure of an increase in the added cost in the concrete conditions of titanium products manufacture, to single out the most significant factors of the cost formation and to estimate the efficiency on separate levels of titanium products manufacture.
Корпоративные финансы
The paper explores the origin and development of the most important economic notion «goodwill» (business reputation). The author tracks the development of the notion in the works of leading foreign and Russian economists, reviews the basic theories that interpret an essence of goodwill notion and its connection with the economic assessment of a company. Special attention is given to the importance of the correct valuation of goodwill at the time of the global financial-and-economic crisis.
The paper focuses on the mathematical evaluation of audit risk arising during audits. A mathematical method for qualitative assessment of the audit risk components is proposed, which is based on the theory of fuzzy sets. The implementation of the method is exemplified in the paper.
The article contains the dynamics of the main indicators of Russian banking system during the last years (1999–2009): assets of the banking sector to GDP ratio and capital to GDP ratio, loan portfolio, financial results; comparison with other countries banking systems indicators; capability of the level of asset concentration; the world financial crisis’ influence on the banking system; measures provided by The Bank of Russia and Government of Russia to establish the situation.
Market relations
The paper is considering the specificity of accounting the main operations during share-holding construction. Special attention has been paid to legislative and standard acts that regulates the issues of the builders activity when share-holding construction is carried out; the civic-and-legislative nature of the contract on participation in share-holding construction was analyzed.
There are also given the practical recommendations for accountants on the accounting in book-keeping and taxation of the share-holding participants, capital investment in construction, builders’ profits, operations connected with transferring to share-holders the share-holding construction properties.
A number of problems which could occur in share-holding construction have been found, and the ways to solve them suggested. The paper also formulates the problems that face share-holding builders concerning the protection of the rights of share-holders in accord with current legislation.
Всемирные процессы и тенденции
The paper is considering the features of the services market in Russia and the aspects of the country’s integration into the global market of services. The author estimates Russia’s position from the point of the exports and imports of services, reveals the major trends in the national services market, points out the need to improve legislation in the process of the country’s accession to the General Agreement on Trade in Services ( GATS ). Special attention is paid to the current state and development prospects of various services sectors in Russia, in particular, financing and transportation services, as well as those in the space launches.
Teodor Borisovich Rubinshtein.
Anatoly Alekseevich Fedotov.
ISSN 2413-662X (Online)