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STUDY OF STABILITY AND ANTIFRAGILITY OF REPUTATION IN VIEW OF MULTI-VECTOR CHARACTER OF REPUTATION MANAGEMENT OF ENTERPRISES
Get PDFThe paper is devoted to the development of fundamental bases of the reputation management of enterprises and elaboration of its methodological and methodical support. There was offered to use “antifragility” conception in the reputation management of an enterprise that allows to activate the cooperation with key stakeholders and to trace the effectiveness of managerial arrangements. At that reputation antifragility that is the ability to its self-support is a criterion of effectiveness of the reputation management of an enterprise.The projection of Taleb’s conception on the reputation management of enterprises provides the management balance (as a purposeful formation of an enterprise reputation) and self-management balance (as a spontaneous formation of an enterprise reputation) at the conceptual level. At that in the aspect of the economic approach, “antifragility of an enterprise reputation” is not equal to the notion “anticrisis enterprise management”, where the last one reproduces the process of counteraction to crisis phenomena. The features of reputation antifragility are considered as: stability as a closest synonym of antifragility; while assessing a reputation, it is necessary to take into account its ability to resist rare destructive events; anticrisis (crisis) reputation management as a necessary but not enough method of providing antifragility of an enterprise reputation; informational transparency and its necessity to form an antifragile enterprise reputation.The research results demonstrate that the management decentralization, limitation of the direct managerial impact is a necessary condition to provide reputation “antifragility” that is its ability of self-restoration, strengthening and self-increment as a result of the conscious use of stressors. The way of the solution of the methodological problem of the natural “management deficit” in complicated multi-vector systems in the context of the theory of the reputation management is the model of the reputation management decentralization by transferring the part of functions from managers to stakeholders
BOOK DESIGN IN UKRAINE IN THE LATE 20th CENTURY
Get PDFIn Ukraine, the breakthrough of the 1980s and 1990s was characterized by book design development as a multi-faceted and indicative phenomenon, since at all times the art immediately reacted to any historical changes and reflected the socio-cultural processes. The purpose of this article is to define and compare special artistic features of the book design in Ukraine in the period of 1980s and 1990s. The article considers special aspects of book design development in the territory of modern Ukraine at the close of the 20th century, examines isolated and correlated artistic features of the Ukrainian book editions of the 1980s and 1990s as two qualitatively different periods, and describes the main characteristics of the relevant book products. Moreover, the leading book masters, whose work reflected specifics of this period and became trademarks of the abovementioned age, are determined. Consequently, book design development in Ukraine in the late 20th century looks rather ambiguous from an artistic point of view. The radical structural and political state reorganization in the early 1990s divided its history in two separate stages and influenced all art spheres without exclusion, including the book art. One of the main significant changes in the book design sphere was a transition from classical forms, which depended on the outdated production technologies in the Soviet era, to the electronic design and active computerization of all operations in the sphere of book production. This new environment influenced the worldview of artists and book designers. Put in other words, the mentioned circumstances influenced the restructuring and reformatting of the entire industry, and strengthened the role of a designer as a co-author of a book. This ensured access to new printing standards and contributed to the development of book publishing industry in Ukraine
ANALYSIS OF GLOBAL INVESTMENT CAPITAL FLOWS
Get PDFThe paper is devoted to the study of the dynamics and movement character of global investment capital flows. According to expert data and reports of EBRD, OECD, WB, IMF, UNCTAD, MIGA, Credit Suisse there was realized the analysis of direct foreign investments in countries with the developed economy and developing ones. The short-term prognoses of the movement character of global investment flows of direct and portfolio investment by regions and in the whole were estimated. The high dynamics of renewal of global direct and portfolio investment flows in 2015 and their unessential decrease by 10-15% in the short outlook was determined.The modern global investment tendencies were systematized by regions: Europe, Northern America, Eastern Europe, Asia, Latin America, Near East and Northern Africa, Southern Africa. As a result, it was determined, that the decrease of investment flows dynamics is expected in Europe and Northern America, although Europe remains the most region-investor, and the Northern America demonstrates the fourfold growth of the capital inflow. For developing countries in the middle-term prospect will be typical tendencies of portfolio investments outflow. The deceleration and essential shortening of volumes of direct and portfolio investment flows is typical mainly for Africa and Eastern Europe. Asia is the exclusion, where the dynamics of capital inflow growth returns, and China that is the third investor in the world for today.Periods of global investment flows deceleration and their modern tendencies were separated and characterized
BLOCKCHAIN, LEADERSHIP AND MANAGEMENT: BUSINESS AS USUAL OR RADICAL DISRUPTION?
Get PDFThe Internet provided the world with interconnection. However, it did not provide it with trust. Trust is lacking everywhere in our society and is the reason for the existence of powerful intermediaries aggregating power. Trust is what prevents the digital world to take over. This has consequences for organisations: they are inefficient because time, energy, money and passion are wasted on verifying everything happens as decided. Managers play the role of intermediaries in such case: they connect experts with each others and instruct them of what to do. As a result, in our expert society, people’s engagement is low because no one is there to inspire and empower them. In other words, our society faces an unprecedented lack of leadership. Provided all those shortcomings, the study imagines the potential repercussions, especially in the context of management, of implementing a blockchain infrastructure in any type of organisation. Indeed, the blockchain technology seems to be able to remedy to those issues, for this distributed and immutable ledger provides security, decentralisation and transparency. In the context of a blockchain economy, the findings show that value creation will be rearranged, with experts directly collaborating with each others, and hierarchy being eliminated. This could, in turn, render managers obsolete, as a blockchain infrastructure will automate most of the tasks. As a result, only a strong, action-oriented, leadership would maintain the organisation together. This leadership-in-action would consist in igniting people to take action; coach members of the organisations so that their contribution makes sense in the greater context of life
PROBLEMS OF ENSURING COMPETITIVENESS FOR UKRAINIAN EXPORT ON THE WORLD FERROUS METALS MARKET
Get PDFThe author has analyzed theoretical and methodological foundations for international interaction between countries, namely the gravity models of J. Tinbergen and H. Linnemann.The export competitiveness levels are divided into three levels: national, corporate and industrial. The author proposed to add the existing list of competitive export criteria by another - perspective. Since this criterion allows assessing the effectiveness of the national export development model, the availability and the possibility of maximizing the export potential, the effective use of available export potential.The author has analyzed the development trends of the world ferrous metals market. In the framework of the above-mentioned analysis, the current state of domestic metallurgy was analyzed in the conditions of global market penetration and possible strategic prospects were identified.Within the framework of gravity model improvement for ferrous metals market, the author offers to use as an indicator of the economy size - real GDP of partner countries; as the competitiveness factor - the Global Competitiveness Index of the country, and as the logistics costs factor - the average distance between the main ports of the partner countries and the index of economic freedom, which takes into account the volume of tariffs and non-tariffs barriers. Estimated model parameters allow identifying the most promising markets for the export of ferrous metals in order to be competitive in selected countries.Learning the major players experience on the world ferrous metals market allowed concluding that diversification is one of the possible measures to overcome the economic problems of metallurgical enterprises by expanding market maneuver and increasing competitiveness.It will provide more stable results, minimize losses in core business during crises and cyclical recessions. As competitive advantages are shifted to the new products, where the positions of Ukrainian manufacturers are shaky, it is essential to implement innovative development into the production process by adapting the experience and technologies of world leaders
THE METHOD OF CONSTRUCTION OF UKRAINIAN BUSINESS-SYSTEM PROFILE
Get PDFUnder conditions of crisis transformations at the national level, the absence of constant trends of development of economy and business-system as a whole there was carried out the analysis of Ukrainian business-system functioning in the context of 8 world ratings (business doing easiness; rating of national brands; rating of global competitiveness; rating of budget transparence; rating of investment attractiveness; rating of autosorcing attractiveness; index of economic freedoms; index of trade facilitation) that gives a possibility to assess the place of Ukraine in the global conditions of development comparing with the state of business-system development in other countries of the world
SYSTEMATIZATION OF TAX STRATEGIES FOR SHADOW ECONOMY PREVENTION UNDER CONDITIONS OF GLOBALIZATION
Get PDFThe article studies main theoretical and practical aspects of the shadow economy functioning in the national and international environment. Levels of economic processes shadowing in European Union countries were grounded. A shadow sector volume in developed countries of the world was studied, and the international practice of economy de-shadowing was systematized. In the process of the study the essential attention was paid to fiscal instruments of shadow schemes prevention. Tax strategies of a fight against factors and motives that generate and intensify the shadow economy level in Ukraine were generalized on this base. It was proved, that there is practically no distinct panacea for the Ukrainian economy in the context of its de-shadowing. But the state is completely able to diminish shadow schemes diffusion in the economy using tax mechanisms. According to the results of the study the offers as to the shadow economy prevention in Ukraine were formulated on the base of the international experience and tax instruments
PRACTICAL ASPECTS OF AN ACTIVITY OF CONCERNED PERSONS AT REALIZATION OF COURT DECISIONS ABOUT IMPOSITION/CANCELATION OF PROPERTY ARREST IN CIVIL PROCEDURE
Get PDFThe analysis of practical aspects of decisions of a court, executive office, public registers at securing a claim as an arrest of probable debtor’s property and/or cancelation of it is carried out in the article.This problem is an urgent and specific part of a civil procedure. It elucidates the state activity on protection of a property of society members that are under its jurisdiction.The more effective this protection is, the more safely will social members feel themselves in the development of their economic initiatives, including in saving own resources within a state.Just a continuous irresponsible attitude of Ukrainian state to the protection of its citizens’ rights became a cause of many years stable outflow of financial resources beyond Ukraine and the absence of investments.The information about practical complications at practical realization of court decisions is presented in the material, the evident hollows in legislation as to the practical access to justice are noted, the analysis of adjacent regulative acts and court practice in the dynamic sof existent changes is realized.At the same time there is not studied the question of arrests cancelation at the stage of court enforcement action under condition that these arrests imposition is not a result of securing a claim but a result of executor’s activity for the real execution of a court decision
REVIEW OF RISKS REGARDING LOW TAX JURISDICTIONS WITHIN THE ESTONIAN TAX SYSTEM
Get PDFOver the last decade a tendency in the world started, regarding an opposition to the use of the offshore jurisdictions. Most of the countries have implemented legal norms, which create obstacles for pulling out capital from the state and into the low tax jurisdiction. As such, in order to do business one must not only understand the tax system of the country itself, but also how it regulates deals with offshores.Ignoring this matter may lead to unplanned tax losses and damage the reputation of the company. At the same time, knowing such legal norms allow one to plan out his business and create an effective tax optimized business model, that will be able to provide stable income without breaking any legal norms.In addition, Estonia, due its own tax system and due to being a member of EU provides sufficient grounds for effective tax planning. Thus, the matter of low tax jurisdiction regulation becomes even more important
E-GOVERNMENT VERSUS SMART GOVERNMENT: JORDAN VERSUS THE UNITED STATES
Get PDFThe purpose of the research paper is to examine the differences between e-government and smart government and how will smart governments benefit modern public administrations and service delivery. It seeks to compare and contrast between smart government and e-government. In addition, it compares the application of smart government and e-government in the United States and Jordan. The research idea is based on the observation that the concept of e-government is relatively new in the modern world. Nevertheless, it has, in the last few decades, enabled governments to serve citizens using the internet technology. In addition, technology has allowed governments to obtain, process, manipulate, store, retrieve and report data on an efficient and reliable manner. The term ‘e-government’ refers to the development, adoption and use of information and communication technologies (ICTs) to improve the service delivery and activities of the public sector. Although there are many definitions of the term, it is generally agreed that the use of internet-enabled application to allow interactions between the government and outside groups are the key aspects of e-Government. An in-depth research method is based on the qualitative search of information from 13 credible sources. The study finds that the domain of E-Administration involves the initiatives that deal with improving internal working in the public sector. Further, it finds several differences and similarities between Jordan’s E-government model and that adopted from the US. It finds that America has a longer history of using digital systems in public service provision. Also, United States is already moving from e-government to Smart Government System. Jordan’s new system is still an e-government establishment rather than a Smart Government system, despite the fact that both systems have related objectives