Development strategy
Tendencies of the domestic market became considered: volumes of output, export, import, visible consumption and the metal products prices. The estimation of tendencies of change and influence of major factors on economic indicators and competitiveness of domestic ferrous metallurgy is given.
This article concerns slowdown of steel production as the global financial crisis hurts economic. It analyses financial position of main Russian mills. It gives suggestions to shore up the weakening mills economy.
Production of non-ferrous metals always is the foundation of modern industry. Industry of developing countries has been developed significantly during the last year, in these countries Chinese nonferrous metals industry exceeds all. But as every industry, there are still some problems, which are preventing the development of industry of Chinese non-ferrous metals. Not only economics but also our whole societies have to pay more attention to these problems.
The article is devoted the problem of environment protection in ferrous metallurgy either on national or international level. According to experts there are conflicts between interests of metallurgy and ecological requirements. The decision of the conflicts depends on understanding of the existing economic system and structural reform. Lately international collaboration in the sphere of environmental economics was changed considerably. This tendency is based on understanding global environmental and economic problems, conscience of the fact that the problems may be decided only by common efforts.
Realization of nanotechnologies capable to provide considerable progress in all spheres of human activity. A primary factor of their efficiency is possibility of maintenance of incomes of the state budget. Distribution of value added taxes received in these spheres is expedient for stimulation of their development. In this connection, it is expedient to raise the question about redistribution of the tax to the added cost between the state and the scientists realizing basic researches.
The article is devoted to the investors and careers executive problem of strategy behavior building on the stock market. The authors have dissected Russian and American stock markets and closely-related markets-rough, monetary and obligation. They have proposed some recommendations to generate strategy behavior оn this base subject to stock market cyclicity and dealing trend. The introduce procedure is sustained by dealing results of the particular stock agency during five years work. This circumstance makes it possible to say about the objectivity of this dealing main results.
Corporate management
Clause is devoted estimations of risks business-processes of the company by means of the SWOT-analysis, to use of the modified algorithm of carrying out of the SWOT-analysis on business-processes, when factors of risks business-processes within the limits of each element (for example, strengths) will be located on the importance: the first will go the most important force, then the second and so on.
The offered system integrated risk-management on business-processes and to the metallurgical enterprise can be estimated on the basis of quantity indicators of efficiency business-processes, such as (EBITDA; the net profit, etc.), that will allow to find an optimum parity between risk and profitableness in scale of all company due to decrease in probability of approach of risks.
Are stated new approaches to construction of logistical chains of deliveries on the basis of their harmonization within industrial systems. New approaches to construction товаропроводящих systems and forms of trade are offered by metal products.
Корпоративные финансы
Some aspects of management of current liabilities are considered in the article. The author offers the procedure of determination the most efficient strategy of management of current liabilities depending on its usage. Estimation of the usage is based on the relative parameters. On the basis of the analysis of the reporting of the largest metallurgical mills of the Russian Federation it is drawn a conclusion, that now the most efficient strategy of management of current liabilities is aggressive strategy.
The effectiveness of investment project depends on appropriate assignment of parameters: implementation priority of technologically independent production facilities, duration of investment period, type and return period of loans and borrowings and using of financial resources generated by the project. In order to decrease initial capital and to maximize project value at the end of the planned period it is proposed to use mathematical model that gives possibility to find the optimal solution in the form of balanced financial plan containing the answer of on above mentioned parameters. Microsoft Excel implementation model allows to analyze financial resources of the investment project and the projects of supplementary investment and debt financing by changing initial conditions online.
Variants of representation of the public not financial (social) reporting by the large metallurgical companies of Russia on a condition till 2008 Are considered: from booklets in the free form to reports according to requirements of the international standards. A number of the indicators, allowing to estimate level of social responsibility of business on the basis of the information existing in the reporting is offered.
ISSN 2413-662X (Online)