528 research outputs found
Релігійні православні журнали як складові документаційного забезпечення діяльності релігійних організацій
No full textРозглянуто та проаналізовано релігійні православні періодичні видання України, основні характеристики православних журналів та тенденції розвитку їх видання в історичному та сучасному вимірах. Проаналізовано сучасні українські електронні православні журнали, які наявні в інтернет-мережі
FINANCIAL ANALYSIS AND FORECASTING OF THE RESULTS OF SMALL BUSINESSES PERFORMANCE BASED ON REGRESSION MODEL
No full textObjective: to develop the economic-mathematical model of the dependence of revenue on other balance sheet items, taking into account the sectoral affiliation of the companies.Methods: using comparative analysis, the article studies the existing approaches to the construction of the company management models. Applying the regression analysis and the least squares method, which is widely used for financial management of enterprises in Russia and abroad, the author builds a model of the dependence of revenue on other balance sheet items, taking into account the sectoral affiliation of the companies, which can be used in the financial analysis and prediction of small enterprises’ performance.Results: the article states the need to identify factors affecting the financial management efficiency. The author analyzed scientific research and revealed the lack of comprehensive studies on the methodology for assessing the small enterprises’ management, while the methods used for large companies are not always suitable for the task. The systematized approaches of various authors to the formation of regression models describe the influence of certain factors on the company activity. It is revealed that the resulting indicators in the studies were revenue, profit, or the company relative profitability. The main drawback of most models is the mathematical, not economic approach to the definition of the dependent and independent variables. Basing on the analysis, it was determined that the most correct is the model of dependence between revenues and total assets of the company using the decimal logarithm. The model was built using data on the activities of the 507 small businesses operating in three spheres of economic activity. Using the presented model, it was proved that there is direct dependence between the sales proceeds and the main items of the asset balance, as well as differences in the degree of this effect depending on the economic activity of small enterprises.Scientific novelty: the article presents a regression model of dependence of revenues on the major categories of assets for small businesses based on the principles of economic expediency, not of mathematically correct dependencies.Practical significance: the main findings of this paper can be useful in the practical management of small businesses, for financial analysis and forecasting, in particular in the benchmarking of companies in certain sectors. In addition, the results of this research can be used in scientific and teaching activities in covering the issues of financial management of small businesses
Approximation of classes of analytic functions by de la Vallée Poussin sums in uniform metric
No full textAbstract: In this paper asymptotic equalities are found for the least upper bounds of deviations in the uniform metric of de la Vallée Poussin sums on classes of 2π-periodic (ψ, β)-differentiable functions admitting an analytic continuation into the given strip of the complex plane. As a consequence, asymptotic equalities are obtained on classes of convolutions of periodic functions generated by the Neumann kernel and the polyharmonic Poisson kernel. Let L s , 1 s < ∞, be the space of sth power summable 2π-periodic functions f with the norm f s := f Ls = 2π 0 , let L ∞ be the space of measurable essentially bounded 2π-periodic functions f with the norm f ∞ := f L∞ = ess sup t |f (t)| and let C be the space of continuous 2π-periodic functions f with the norm f C = max t |f (t)|. Suppose that f ∈ L 1 and is the Fourier series of f . If a sequence of real numbers ψ(k), k ∈ N and a real number β (β ∈ R) are such that there exists a function ϕ ∈ L 1 with Fourier serie
Analysis of the external factors influence on the forecasting of bankruptcy of Russian companies
No full textThis article analyzes factors influencing bankruptcies of Russian companies. The increase in
the number of relevant cases since 2014, the beginning of which was associated with the unfolding
of another financial crisis in the country that provoked a deterioration in a number of macroeconomic indicators, raises the question of establishing the dependence of bankruptcies
of Russian companies on certain external factors. Based on the experience of foreign studies,
in which the importance of external factors was repeatedly proved in bankruptcy prediction
models, a set of variables was formed that should be included to increase predictive ability.
Using an empirical base that includes 716 construction companies (340 bankruptcies),
702 manufacturing companies (339 bankruptcies), 713 trading companies (334 bankruptcies),
using the binary choice models, bankruptcy prediction models were constructed, including
two variable blocks: internal and external factors. External factors affecting bankruptcies
of Russian companies include GDP growth, key rate, rate/increase in US dollar / euro rate,
consumer price index, growth in MICEX index, and unemployment rate. The inclusion of
variables characterizing external factors into the model significantly increased the explanatory
capacity of the model compared to models based only on internal factors. The results can be
used by companies to improve accuracy of forecasting bankruptcy probabilities, taking into
account the macroeconomic context. In addition, the results of the study can be used by public
authorities. Since the regulation of some of these external factors lies at the heart of the country’s
monetary policy, the state has the ability to influence not only macroeconomic processes,
but also the health of Russian companies
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