rss_2.0Management Theory and Studies for Rural Business and Infrastructure Development FeedSciendo RSS Feed for Management Theory and Studies for Rural Business and Infrastructure Development Theory and Studies for Rural Business and Infrastructure Development 's Cover of Insurance on Competitiveness of Food Enterprises in Ukraine<abstract> <title style='display:none'>Abstract</title> <p>Food industry enterprises (FIEs) are important players in the agricultural sector and use insurance as the tool to protect the business. The actual issue is determining the influence of insurance. The paper is devoted to the analysis of the influence of insurance on key indicators of the activity of FIEs from the viewpoint of use of insurance by the insurance market participants. The investigation methodology is based on the concept of ‘competitiveness’ of an enterprise explaining the ability to operate profitably and meet the competition. The aim of the work is to analyze the relationship between insurance costs and indicators of efficiency and competitiveness of Ukraine’s FIEs. Hypotheses concerning the propensity of FIEs with higher competitiveness to use insurance and influence of insurance on key indicators of FIEs activity have been formulated and tested. Economic-statistical analysis and correlation-regression analysis have been performed due to Microsoft Office 2013 software packages. The hypothesis about the existence of dependence between the competitiveness of FIEs and the portion of money allocated by FIEs for insurance is confirmed only for FIEs with high efficiency of business activity.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Management of Economic Security of Industrial Enterprises for Countering Raiding<abstract> <title style='display:none'>Abstract</title> <p>Modern views on the economic nature of countering raiding is the important prerequisite for the enterprises stable development and the formation of the management system for their economic security based on the assessment and analysis of the environmental factors impact on the risk level of raider take-over. The presented article is aimed at the using analytical and methodological tools to identify the cause-and-effect relationships between environmental factors and the strength of their influence on the risk of raider take-over in order to be introduced into the activities of the enterprise to manage the economic security in the context of countering raiding.In this study, based on the method of analyzing hierarchies, the level of influence of the environmental factors (international, macroeconomic, strategic) of the threat of raider take-over of Ukrainian machine-building enterprises is established. The results confirmed the importance of substantiating of the environmental factors influence on the risk of a raider attack in order to develop the effective scenarios for preventing raider take-over through the prism of the problems of the economic security managing of the machine-building enterprises in rhe countries with economies in transition.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Conseptual Content of Infrastructural Support for the Development of Post-Conflict Territories of Luhansk Region in the War Conflict and Pandemic Conditions<abstract> <title style='display:none'>Abstract</title> <p>The article examines, identifies and studies the key types of infrastructure (industrial, housing and communal, social, transport, agricultural and energy) and their state for the territories` development of Luhansk region, which controlled by the Government of Ukraine, in order to create appropriate conditions for effective management of its development and counteract the negative impact of the pandemic. The article uses methods of comprehensive and auxiliary factor method, analysis and synthesis, statistical, comparative analysis, modelling, which made it possible to research the significant problems and opportunities for the infrastructural regional support. The main results of scientific research reveal on substantiate conceptual provisions of the infrastructural support for the post-conflict territories development to identify problematic hot spots in the state of the infrastructure that hinder the sustainable development of the Luhansk region, which made it possible to reveal unsatisfactory results of the state of infrastructure subsystems in the region. It proposes to adjust the strategic and operational purposes of the long-time regional development and focus on housing and social infrastructure facilities. For solve identifying problems it offers to form and implement the Concept provisions for the socio-economic development of post-conflict territories, especially the Luhansk region in the conditions of war conflict and COVID-19 pandemic.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Evaluation of Efficiency of Fundraising Activities of Small Charitable Organizations of Ukraine<abstract> <title style='display:none'>Abstract</title> <p>The paper describes the basic indicators of financial efficiency of fundraising activities, such as net proceeds from fundraising, return on fundraising costs, profitability of fundraising, the share of fundraising costs, the dependency ratio, average contributions, revenues received per unit of requests, as well as indicators component of fundraising activities of a charitable organization indirectly - the number of appeals of the charitable organization to potential donors, the number of positive feedback received from potential donors, the share of positive feedback, growth in the number of donors, growth in the number of new donors, return index. The use of aggregate indicators to calculate the financial efficiency of fundraising activities of a charitable organization is proposed: efficiency ratio based on net income of the donor, efficiency ratio based on willingness to donate, efficiency ratio based on the implementation of the revenue plan. The relative efficiency of fundraising activities of small charitable organizations of Ukraine in 2019 was assessed according to the DEA methodology.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Refutation of the Theory of “Compound Interest Effect” in the Capitalization of Dividends<abstract> <title style='display:none'>Abstract</title> <p>The purpose of this work is to clarify the causes and circumstances of the negative influence of the compound interest effect in investment processes and to refute the theory of the compound interest effect in the capitalization of dividends. The article considers the peculiarities of the negative effect of the compound interest effect in terms of capitalization of dividends. The reasons and circumstances of the negative value of the corresponding effect in investment processes were specified. It is stated that the effect of compound interest is often not positive at all in case of capitalization of dividends on shares. Dividend tax neutralizes the “magic of compound interest” in the case of appropriate capitalization of dividends. The payment of dividends is economically feasible only when the investor plans to direct these funds to consumption and not to capitalization. To improve the conditions of investment processes, the need to reduce the tax on dividends has been proven. It showed the possibility of avoiding the tax on dividends for investors in the case of its relatively large size. The material of the article allows us to refute the theory of the “compound interest effect” in the capitalization of dividends.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Evaluation of the Regional Public Authorities’ Activities<abstract> <title style='display:none'>Abstract</title> <p>The society expects from the public authorities an effective and responsible decisions. An unsolved task is to develop a methodology for ensuring adequate assessment of results and costs. The article shows evaluation methods of the public authorities’ activities. The authors propose indicators that meet current trends, e.g. the concept of sustainable development. The method of qualitative analysis was used to find out the transformation assessment of the public activities. The system of balanced indicators allows to link strategic goals and key indicators that measure the degree of their achievement in the regions.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00State Regulation of Fixed Capital Reproduction in Ukraine Using Taxonomic Analysis Methodology<abstract> <title style='display:none'>Abstract</title> <p>This scientific article is concentrated on the issues of evaluation of effectiveness of state regulation of the fixed capital reproduction in Ukraine using the methodology of taxonomic analysis. The study of modern economic literature has shown that scientists-economists have studied and explained numerous indices that allow evaluate the present day state of reproduction of the fixed capital.</p> <p>The authors propose their own approach to evaluation of effectiveness of state regulation of the fixed capital reproduction through the prism of the fixed capital reproduction process. That is, the authors made a detailed description of specific indices of effectiveness at certain stages of the process of reproduction of the fixed capital, which is presented in the summary table. Comprehensive effectiveness of state regulation of the fixed capital reproduction is determined using an integrated index that characterizes effectiveness of state regulation of the fixed capital reproduction using the method of taxonomic analysis applied for multidimensional economic concepts that are described by a considerable number of indices.</p> <p>Calculations proved instability of the taxonomic indices during the study period which, according to the authors, indicates a decline in the efficiency of reproduction processes connected with reproduction of the fixed capital in Ukraine.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Economic Mechanism of Optimizing the Innovation Investment Program of the Development of Agro-Industrial Production<abstract> <title style='display:none'>Abstract</title> <p>The progressive activity of agro-industrial production in the context of imperfect competition, turbulence of the environment and unexpected market challenges in the agro-industrial market because of spread of COVID-19 should be ensured by the most effective selection of the optimal innovation and investment program. Such program must be adapted to the realities of today, provide effective innovation projects and financial resources for their implementation support. This can be achieved due to the formation of a comprehensive innovation and investment program for multidirectional projects taking into account the required amount of money at all stages of risky innovative activities implementation. In this regard, the aim of the article is to conceptualize the implementation of the innovation and investment program in the activities of agro-industrial enterprises using an adaptive model of the optimal selection of the most effective projects or diversification of existing ones and planning their intrusion into the consumer market by choosing the optimal financial strategy for innovation support. To achieve the aim, the following methods were used: observation, system analysis, economic and mathematical and experimental modeling, abstract-logical and graphical method. The economic and mathematical model developed by the authors can be used in the practical activity of agro-industrial enterprises. This model enables to determine a promising strategy of innovative development and form the target programs for their financial support under conditions of limited resources and market changes in agriculture.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Competitive Advantage in Small and Medium Enterprises (SMEs): A Systematic Mapping Study<abstract> <title style='display:none'>Abstract</title> <p>Small and medium-sized enterprises (SMEs) is likely to have an advantage over competitors due to their strategic plans. Meanwhile, some of the strategic factors considered important to have a competitive advantage include human resource development, knowledge management, and Information and Communication Technology. They have been found to build and sustain a dominant position for rivals, but there is a need to consider the state of the art of competitive advantage by entrepreneurs or academics. Therefore, this study aimed to classify and identify scientific publications as well as to carry out a thematic review of recent literature to provide a comprehensive and thorough view of the competitive advantage in SMEs. This included the use of the Systematic Mapping Study (SMS) to review scientific articles related to competitive advantage depending on the focus, locus, and type of study. The results of this mapping are expected to contribute to both researchers and practitioners in determining the research focus gap and the next novelty of competitive advantage research. Thus, this study classified competitive advantage based on the overview of previous research topics and trends.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00The Role of United Territorial Communities in the Functioning of Agricultural Enterprises<abstract> <title style='display:none'>Abstract</title> <p>The article reveals the features of the balanced development of the United Territorial Communities (UTCs) in Ukraine which aims to create the preconditions for their stable growth and improvement of the quality of life in the countryside. The assessment of the role and of the level of satisfaction of the community from the operation of agricultural enterprises (AEs) in the united territorial communities is carried out. The results of the study have a theoretical and practical significance, especially in the context of non-endogenous development of rural areas, and may also serve as a tool for identifying the best economic solutions for the development of agricultural enterprises that function in UTCs.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Innovative Development: Model and Evaluation Method in the Context of Integration Processes<abstract> <title style='display:none'>Abstract</title> <p>Development in the modern world is based on innovation. Many scientists are investigating the problem of innovative development. Most researches agree that innovation is the main driving force for economic and society development, solving environmental problems. The transition to an innovative development model is a priority issue for many countries. Ukraine is no exception, in which the national innovation system has just begun to form. This determines the relevance of the research. The aim of the article is to substantiate the methodological approach to assessing the socioecological and economic system of the country in the conditions of innovative development. In our opinion, the modern trajectory of innovative development is ensured not only by the presence of a national innovation system, but also by the innovativeness of the all sphere of country’s vital activity, the main components of which are the social, ecological and economic systems. The innovativeness of the systems is proposed to be evaluated as an integral indicator, which is calculated of certain indices. The list of indices for economic, social and ecological systems is offered. The EU values with the best result were used as standard. The complex indicator are calculated of integral indicators and allows determining the position of Ukraine in comparison with the EU countries.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Effectiveness of Human Resources Management in the Enterprises of Ukraine’s Bakery Industry<abstract> <title style='display:none'>Abstract</title> <p>Competition in the national labor market, which is strengthening as globalization and structural employment disproportions intensify, encourages domestic companies to seek reserves for more effective human resource management as the only competitive advantage that cannot be copied. The aim of the research is to develop a comprehensive methodology for assessing the effectiveness of HR management at bakery companies as employers of a Ukraine’s priority industry, which is based on the provisions of the new (first) international human capital accounting standard ISO 30414:2018 and is implemented using system-structural, abstract-logical methods, as well as those of multidimensional statistical analysis and visualization of empirical data. The developed methodology will allow to determine an integrated indicator for the effectiveness of HR-management, which simultaneously performs the functions of controller and navigator of strategic management decisions in this area.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Assessment of the Relationship Between Farm Size and Flexibility: The Case of Ukraine<abstract> <title style='display:none'>Abstract</title> <p>High flexibility is a necessary criterion for an agricultural business to survive in an uncertain environment characterized by chaotic dynamics and an increasing pace of innovation as well as by various weather and market risks. The purpose of this research is to assess and benchmark the flexibility level of differently sized agricultural enterprises. Such research methods as standardization and integrated evaluation (to define the partial and integrated flexibility coefficients), correlation and regression analysis (to assess the interrelation between the farm size and flexibility) as well as techniques of mathematical statistics (to benchmark the flexibility level of agricultural companies varying in size) have been used in this study. It has revealed that the bigger the enterprise is, the more strategic flexibility it has. However, its structural flexibility and the value of the integrated flexibility coefficient are independent of the company size. Smaller agricultural enterprises are less strategically flexible compared to their larger counterparts due to limited resources.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00Quintuple Helix Model: Investment Aspects of Higher Education Impact on Sustainability<abstract> <title style='display:none'>Abstract</title> <p>The interdisciplinary analysis of sustainability requires an in-depth study of interactions between different economic entities, and identifying investment aspects of developing relations between them. The concept of Quintuple Helix Model allowed to analyze the interactions and mutual influence between universities, industry (business), government, civil society and the natural environment. Within the Quintuple Helix Model, the central role in the development of the economy is given to knowledge and their transfer between the various subsystems of the Model. The higher education subsystem occupies a special place in the Model because of such reasons: 1) within the educational activity, universities train highly qualified personnel for the national economy; 2) within the extracurricular activity, universities develop new green consciousness of the young generation that is crucial for further sustainable development of the national economy; 3) within the research activity, universities develop innovative regenerative technologies and environmental-friendly technologies. Universities provide the generation, transfer and diffusion of sustainable knowledge in society and business. Synergy of higher education (universities), business (industry), government, public (civil society) is able to create a foundation for sustainable development of the national economy, increase the level of environmental protection, reduce the CO<sub>2</sub> emissions, ensure rational use of exhaustive resources, create new green products and raise the standard of living of the country’s population.</p> </abstract>ARTICLE2021-05-12T00:00:00.000+00:00en-us-1