Economic Development Of Enterprise Research Articles

Analysis on the digital transformation index system of enterprise’s low carbon business performance based on AHP-DEA

With the arrival of the low carbon era, enterprises, as the main body of the market economy, must take the road of low carbon operation whether to fulfill their social responsibilities or to seek enterprise development. However, Chinese enterprises started late to understand the low-carbon economy. So far, except for a few state-owned enterprises, some leading private enterprises and foreign-funded enterprises, they have made remarkable achievements in low-carbon emission reduction. Most enterprises in China have not realized the importance of low carbon emission reduction. In order to step out of the “high carbon” era and coordinate economic development and environmental protection, China must solve the problem of low-carbon transformation of small and medium-sized manufacturing enterprises. How to measure the degree of low carbon transformation, and how the government objectively evaluates the degree of low carbon economic development of enterprises, with a view to formulating corresponding standard incentives and punishment measures for them. It is urgent to establish a sound, reasonable and feasible low carbon operation management indicator system, and comprehensively evaluate the information related to low carbon operation of SMEs through reasonable selection of indicators. According to the connotation of low-carbon enterprises, the economic benefits of enterprises are closely combined with environmental benefits. A set of low carbon operation performance evaluation index system including economy, technology and environment has been constructed. The AHP index weight is calculated by establishing the AHP model and the Data Envelopment Analysis (DEA) index weight is calculated by establishing the DEA model. On this basis, the grey relational evaluation model based on AHP-DEA is established. Then the paper evaluates the performance of representative enterprises’ low carbon operation. Propose corresponding improvement suggestions for the problems reflected in the low carbon operation performance ranking of enterprises and the scoring of various indicators. The research results show that the algorithm has high efficiency and the accuracy of model evaluation is 95.51%. To a certain extent, this study makes up for the research results of the impact of digital transformation on corporate strategic performance, and also provides ideas for the research of corporate financial performance evaluation.

Theoretical aspects, components and characteristics of enterprise development in turbulent markets

Introduction. The development of an enterprise in turbulent markets is a complex and multifaceted process, since such markets are characterised by rapid changes, high degree of uncertainty, competition and instability. Turbulent markets can arise from a variety of factors, such as economic crises, technological changes, political instability or global events. In today's turbulent environment, enterprises must constantly improve and implement changes to not only survive in the market, but also maintain their competitive advantage. Commercial enterprises should focus on a management strategy that increases the efficiency of the entire system, while paying special attention to resource conservation and environmental protection. Therefore, the implementation of the concept of sustainable development is the most acceptable for a modern enterprise to maintain stable operations and a competitive position in the market. The purpose of the article is to form a theoretical basis for the development of an enterprise in turbulent conditions, namely, to systematise and generalise approaches to the interpretation of the concept of "economic development of an enterprise", to substantiate the components of ensuring the economic development of an enterprise and to identify the main elements of enterprise development in turbulent markets. Research methodology. The theoretical and methodological basis of the study are the works of leading domestic and foreign scholars, methodology and systemic principles of conducting comprehensive scientific research. Among the special research methods used in the work are: abstract-logical - to study the development of the problem and summarise the findings; theoretical generalisation - in the process of disclosing the essence of the category "enterprise development"; observation, comparative advantages, economic analysis, clustering and comparison - to study the components, indicators, functions and factors of influence on ensuring the development of an enterprise in conditions of turbulence. Results. The theoretical basis of enterprise development, characteristics and phenomena of the economic process are studied. A classification of ensuring the economic development of enterprise has been developed, which includes a system of indicators, features, factors and functions, allowing to make a decision on the possibility of rapid adaptation of the enterprise to changes in the business environment, provided that the needs of potential business entities are taken into account to the greatest extent possible, which guarantees the satisfaction of consumer needs. The factors of influence on the economic development of enterprise, which are determined by the impact of the scale of their activities and require strategic planning and development of alternative options for behaviour in conditions of uncertainty and turbulence in the enterprise environment, have been identified. A system of elements of enterprise development with a possible reaction to market turbulence is proposed for use, which will allow timely recognition and development of proactive actions.

Роль цифрових технологій в управлінні інтегративним розвитком підприємств в умовах цифрової економіки

The article is devoted to the topical problem of management of integrative development and formation of integrative flows in the system of management of enterprises. The study of the essential features of the development of enterprise, the economic development of enterprise allowed to put forward a hypothesis of integrative development, the originality of which lies in the connection between the economic development of enterprise and the paradigm of digitalization. The article substantiates the understanding of the essence of the integrative flow and examines digital technologies that are actively used by enterprises: GovTech, LegalTech, NanoTech, RetailTech, FinTec. An important aspect of the formation of stable integrative relations is the construction of an effective infrastructurally developed digital plateau, which covers information and communication technologies of systems for combining services and business processes between society and enterprises or between individual enterprises to meet the existing unsatisfied demand or improve own organizational and economic mechanisms of activity. It is proved that the digital integrative development of enterprises is implemented on the principles of the movement of flow processes of activity. The platform for ensuring the functioning of enterprises in the modern digital space under the conditions of digital economy is represented by the current innovative digital technological solutions, including electronic payment systems, mobile services, apps, personalized service based on Big Data, artificial intelligence and machine learning, which makes possible to foster an improvement of the efficiency of management and organization of integrative partnerships between enterprises. Thus, the methodological foundations of the integrative development of the enterprise consist in the implementation of artificial intelligence, intellectual analysis of business processes based on Big Data, which take into account the features of the external digital environment, internal transformations of the enterprise, associated with changes in doing business and aimed at a clear strategic vision of the development of the enterprise.

INNOVATIVE FACTORS IN THE DEVELOPMENT OF TRANSPORT ENTERPRISES

The purpose of the article is to research and analyze innovative factors that affect the development of enterprises in the transport sector based on the selection of key aspects and strategies that contribute to the successful implementation of innovations in the field of transport business. The peculiarities of the action of the main factors at the enterprises of the transport industry have been determined and researched, they include: the use of modern technologies, intelligent transport systems (ITS), environmental innovations, information management and analytics, electronic market platforms, robotics, automation and artificial intelligence, electronic payment systems, sustainability and security, development of ecosystems, self-driving cars and drones, effective management of labor resources. From the position of an integrated approach, all factors generally cover economic, technical, technological, social and environmental aspects. Their impact on the economic development of enterprises is considered through the focus on reducing costs, forming competitive advantages and increasing competitiveness, ensuring social and environmental effects. This is of particular importance for the adaptation and further development of industry enterprises in the conditions of the current military situation and future dynamic changes in the modern world. The study is based on current concepts of innovation and considers the specifics and features of the activities of transport enterprises.

MODELING THE IMPACT OF CAPITAL INVESTMENTS ON THE FINANCIAL SECURITY OF AGRARIAN ENTERPRISES

The article reveals the essence of capital investments and the importance of this category for the development of agricultural enterprises. It has been proven that they influence the economic development of the studied enterprises and the level of their financial security. The conducted analysis established that during the last five years there is no clear tendency to increase the volume of investments, which led to the need for certain internal factors that affect investment attraction. With the help of economic and mathematical methods, the influence of internal factors, namely the company's income and the amount of equity capital, on the amount of investment was determined. In the process of research, it was determined that the volume of involved investments and the financial results of the enterprises have a close relationship, which showed their influence on the level of financial security of agricultural enterprises. The article also defines a number of other factors that testify to the economic development of enterprises, the impact on the volume of investments, which is quite significant. The purpose of the article is to assess the influence and closeness of the relationship between the volume of investments and factors that indicate the level of financial security of agricultural enterprises. In conducting the research, general scientific and special research methods were used. which, method of scientific knowledge, analysis and synthesis, graphic method, generalization method, factor analysis, economic and mathematical research methods. As a result of the research, the author determined the main factors influencing the economic development of enterprises and the level of their financial security. In order to determine the closeness of the relationship, economic models were built between the studied categories, which are based on the levels of the power function. It has been proven that there is a close connection between investments and the volume of output and exports and a significant impact on financial results and gross added value. The author assessed the influence of internal factors on the investment attractiveness of agricultural enterprises and substantiated the need to take into account external factors, which is promising for further research

Особливості формування системи інформаційної безпеки українських підприємств за високо динамічних умов цифровізації

The paper determines the relevance of the problem under study with regard to the development of information security systems of Ukrainian enterprises under highly dynamic conditions of digitalization. After all, in the context of the rapid development of the digital economy (its digitalization), the economic development of enterprises will increasingly depend not on material but on information resources. The aims of the study were to investigate the issues of information security of Ukrainian enterprises in the context of digitalization, to develop recommendations and proposals for solving existing problems. Issues related to ensuring the necessary (sufficient) level of economic security of enterprises and organizations are becoming increasingly relevant, as the information environment is characterized by an increasingly high level of dynamism. In the face of rapid changes due to the digitalization of the economy, domestic businesses need to timely develop systems to identify, assess, avoid or minimize potential risks and threats. The authors uses the following research methods: comparison, observation, analysis and synthesis. It is critical to form and use a digital security system by domestic enterprises in a highly dynamic economic environment. That is why the paper proposes a comprehensive system of digital security of domestic enterprises in highly dynamic economic conditions. The level of efficiency of the enterprise information security system determines the degree of achievement of the goals of digital transformation. The intensification of digital transformation processes necessitates the formation, application, and improvement of information security tools by enterprises. The practical significance of the recommendations is that the economic security of an enterprise depends on the level of information security of digital transformation. To ensure the necessary (permissible) degree of information security of digital transformation, enterprises need to take actions of the management system aimed at optimizing the management system, functions, methods of activity, management decisions, etc. through the use of information (digital) technologies.

МЕТОДОЛОГІЧНІ ПІДХОДИ ДО УПРАВЛІННЯ ЕКОНОМІЧНИМ РОЗВИТКОМ ПІДПРИЄМСТВ ГОТЕЛЬНО-РЕСТОРАННОГО БІЗНЕСУ

Introduction. Economic development largely depends on the rate of economic growth, which is characterized by maximizing the level of efficiency and minimizing production costs. Solving these tasks causes the need to define methodological approaches to management of economic development of enterprises through optimization and rationalization of business processes. Purpose. The purpose of the article is the formation of the methodology of management of economic development of enterprises in the hotel and restaurant sphere on the basis of economic and mathematical modeling of their operational activities. Results. With the help of correlation and regression, statistical, and stochastic analysis, economic and mathematical models were developed, coefficients were calculated, which allow to establish differentiated and integrated parameters of resource potential development, trends of economic growth of hotel and restaurant business establishments. The model of dynamic economic development of reserves of the resource potential of operational activities was built. The methodical toolkit for the formation of the process of management of economic development of enterprises by establishing the patterns of mutual influence of the parameters of individual business processes, determining the order and structure of their interaction, calculating the forecast values of indicators of efficiency and resource intensity, coefficients for assessing the degree of influence of resource consumption factors on the profitability of operational activities was developed. Based on these approaches, the methodology of analysis, assessment and forecasting of dynamic economic growth and development of resource potential reserves of hotel and restaurant enterprises was formed. Conclusion. Correlation dependence models constructed with the help of the proposed methodical toolkit allow to establish and evaluate the influence of a factor characteristic on a criterion one; mathematically describe patterns of profit growth due to the most rational use of the potential of production resources; predict the quantitative ratio of resource costs and the level of activity efficiency; plan the results of business processes by determining the amount and structure of operating costs, and therefore to manage economic development of hotel and restaurant business enterprises.

Information system for managing the register of serialized items based on a cloud service for enterprise economic development

This article describes the development of an information system for managing the register of serialized items based on a cloud service. Cloud services provide the ability to access computer equipment, hardware resources, disk memory and databases via the Internet in a remote format. The developed information system belongs to the type of information retrieval system. Examples of cloud services include: renting a virtual server; virtual contact center; application rental; data store; private cloud. For development, you need to use the services of cloud services for renting a virtual server.

FORMATION OF A MODERN PERSONNEL MANAGEMENT SYSTEM IN COMPANIES OF THE OIL AND GAS COMPLEX

This article is devoted to the analysis of the problems of the formation and development of sustainable economic development of enterprises in the oil and gas industry with the help of an effective management system. It is this that determines the relevance and demand for research on the definition of tools and organizational and economic conditions that provide an optimal model of managing corporate relations in order to achieve the economic sustainability of the entire oil and gas complex as a whole. In the current conditions, there is an urgent need for qualified managers for the oil and gas industry. This issue becomes especially relevant in connection with the high importance of the oil and gas industry for the economy of Ukraine during the war. The article also proposes a complex system for managing the economic potential of oil companies, which includes a complex of organizational and management measures in the segments of oil production, oil refining, in the corporate management system, related to the functional and administrative re-subordination of the internal control and audit service, which helps to guarantee compliance with the interests of all participants in corporate governance and ensures the transition from a commodity-based to an industrial economy. The purpose of the article is to find ways of forming a modern personnel management system in companies of the oil and gas sector, which can have a positive impact on the development of the oil and gas industry in the long term. The issues covered in the article become particularly relevant in connection with the high importance of the oil and gas industry for the country's economy during the war, and their solution can help speed up the overcoming of crisis phenomena in the country's economy caused by the impact of the war. The obtained research results can be used in the work of oil and gas industry enterprises during the development of scenarios for the future development of the oil and gas industry, as well as in the process of adapting the personnel management system to the national characteristics of modern Ukraine.

INVESTMENT RESOURCES OF ENTERPRISES AND SOURCES OF THEIR FORMATION

INVESTMENT RESOURCES OF ENTERPRISES AND SOURCES OF THEIR FORMATION

The Role of the Weather, Water, and Climate Enterprise in the Proposed SEC Rule on Climate-Related Disclosures

© 2022 American Meteorological Society. For information regarding reuse of this content and general copyright information, consult the AMS Copyright Policy (www.ametsoc.org/PUBSReuseLicenses). *Ten Hoeve is a member of the American Meteorological Society’s Board on Economic Enterprise Development. CORRESPONDING AUTHOR: John E. Ten Hoeve, john.tenhoeve@noaa.gov

Define Electronic Enterprise Financial Management Information Decision-Making Process Based on IoT and the ERP Model

In order to realize the financial quality management of listed energy companies and realize the economical development of enterprises, the author proposes a refined evaluation method for the financial management quality of listed energy companies based on the Internet of Things and the ERP model. By introducing the concept of IoT, ERP and the financial characteristics of listed energy companies select an energy power supply enterprise as a pilot unit, combine the development strategy and the current challenges, and conducting a comprehensive analysis of the process and effect of its implementation of the financial management system, this reflects the superiority of the refined evaluation method of financial management quality of listed energy companies based on the Internet of Things and the ERP model. Pilot experiments show that, comparing before the pilot program, the financial operation status of listed companies has increased by 13.59% in total assets, positive growth achieved. The refined evaluation method of the financial management quality of listed energy companies based on the Internet of Things and the ERP model can realize the economic development of enterprises.

DEVELOPMENT OF THE THEORY OF PRODUCTION DIVERSIFICATION MANAGEMENT AT THE ENTERPRISES OF THE MILITARY-INDUSTRIAL COMPLEX

The article discusses the development of management theory in the field of production management of military products. The results of studies of this problem by different authors are analyzed. It is established that information and telecommunication technologies are one of the most important factors determining the direction of organizational, technological and economic development of enterprises at the present time. The process of informatization of enterprise management is proposed to be considered as one of the most important mechanisms for reforming the defense industry. This mechanism should ensure the creation of effective competitive forms of organization and management of the military-industrial complex. This mechanism should ensure the creation of effective competitive forms of organization and management of the military-industrial complex. It is proposed to implement the accelerated introduction of modern information and telecommunication technologies in the process of managing the diversification of production by creating virtual clusters in the military-industrial complex and ensuring the sharing of information by enterprises that are part of them. A virtual cluster model has been developed and a list of tasks that need to be solved for its creation has been defined. The implementation of these research results in practice will contribute to improving the efficiency of diversification activities of enterprises of the military-industrial complex.

Institutional environment and main approaches to the effective management of the economic development of enterprises in modern conditions

Institutional environment and main approaches to the effective management of the economic development of enterprises in modern conditions

Financial Entrepreneurship early warning model of enterprise human capital based on data analysis

According to the optimization degree of human capital structure will determine the degree of economic development of enterprises, the financial early warning index system of human capital is designed. This paper constructs a financial early warning model of human capital based on data analysis. Combined with the logical relationship that the effective allocation of human resources determines the creation of enterprise value and the realization of enterprise value through the financial capital engine, it is modified into the basic model of financial early warning combination model of human capital on the basis of Cobb Douglas production function. The data analysis toolbox of MATLAB software is used to establish the combination model of human capital financial early warning based on data analysis. The experimental results show that the method can compensate for the error of single early warning model in the combined early warning model and improve the precision of early warning. Chinese small- and medium-sized firms (SMEs) have become an increasingly significant element of China's economy, both in terms of overseas export trade and job possibilities and GDP growth. Small and medium-sized businesses (SMEs) account for 99 percent of the country's 10 million industrial and commercially registered companies. More than 80% of urban employment is provided by small and medium-sized businesses, and 70% of innovation is generated by these businesses. The fierce rivalry in the buyer's market continues to grow in the current competitive climate. Small and medium-sized businesses in the sector must offer consumers with competitive goods and services, including preferred credit settlement methods, generally in the form of credit sales, in order to consolidate or grow their competitive advantages. As a result, many businesses find themselves in a "not selling on credit and waiting to die" or "selling on credit to court death" quandary because of the danger of the other party's usage, which frequently results in accounts receivable that cannot be fully or on time recovered. A thorough understanding of your clients, a sensible financial system, and an early warning evaluation of your company's finances are all required before you can work together.

STAFF MOTIVATION IN THE MANAGEMENT SYSTEM OF THE ENVIRONMENTAL AND ECONOMIC DEVELOPMENT OF THE ENTERPRISE

The article is devoted to topical issues of staff motivation to ensure the environmental and economic development of industrial enterprises. Has been proved that staff motivation is an important component of the management of environmental and economic development of enterprises, which ensures the active involvement of all staff in environmental activities at all stages of management. The system of ecological and economic goals of employees and enterprises, the principles of motivation, the list of methods and means of motivation has been determined. Has been proposed to solve the problem of staff motivation by combining economic and non-economic methods of influence. Has been proved that more significant results of ecological and economic development can be obtained by addressing the higher needs of human, changing human consciousness and forming a new type of personality – "ecological human".

Internal Control and Enterprise Green Innovation

Green innovation has become an important support to promote the strategic goals of peak carbon dioxide emission and high-quality economic development. This paper systematically examines whether internal control can effectively drive enterprise green innovation and achieve the “win–win” result of enterprise economic development and environmental protection. We found that internal control can significantly improve the green innovation level of enterprises, which is mainly reflected in the mandatory disclosure stage of internal control information and the other four elements of internal control, except the control environment. The mechanism test found that internal control can promote green innovation by reducing enterprise risks, alleviating agency conflicts, relieving financing constraints, and improving the rationality of innovation investment. The heterogeneity test found that the promotion effect of internal control on green innovation is more significant in large enterprises and private enterprises; internal control can effectively supervise the maintenance of relationship resources, and relationship resources positively regulate the promotion effect of internal control on green innovation; excessive executive power will weaken the internal control supervision and punishment of executives, and weaken the positive effect between internal control and green innovation; internal control can improve the utilization rate of government subsidies, and government subsidies positively regulate the positive effect of internal control on green innovation. The research conclusions enrich the market-oriented research on the driving factors of enterprise green innovation, and provide empirical evidence for enhancing the competitiveness of enterprise green innovation and achieving carbon neutrality.

EFFECT OF POLITICAL DISTRUST ON RESPONSE TO CBNS CREDIT FACILITIES AMONG SMALL BUSINESS OPERATORS IN SOUTH-EAST NIGERIA

The role of small and medium scale enterprises in economic development, job creation, income generation, and wealth distribution are widely highlighted in the literature. More so, research has implicated procedural ambiguities, lack of valuable assets, oligopolistic financial institutions, biases by commercial banks, business size, education, proximity to credit source and types of credit source, lending requirements, collateral demands, and lack of credit as constraints to credit facilities. However, the present study examined political distrust as a previously unexplored variable that could determine response to available credit facilities. The study adopted a cross-sectional survey. A total of one hundred and ninety-eight small businesses were randomly selected from three states in southeast Nigeria as the study participants. A self-report measure was developed to obtain relevant data. Simple linear regression analysis was used for data analysis, and it was found that political distrust predicted response to CBNs credit facilities. Implications and recommendations are discussed.

A qualitative study on the effect of access to finance on the growth motivation of micro-and small enterprise owners in the Philippines

The importance of micro- and small enterprises in economic development has been acknowledged as a vital factor in the global economy. However, in spite of the dominance of micro and small enterprises in the industry, the stagnation of these small businesses has remained a source of contention in many countries. Access to finance is one important aspect in determining the growth motivation of micro-and small enterprise owners. Even though external finance may present a opportunity for expansion, it appears to have impeded the growth and upgrading of micro and small enterprises. The goal of this study is to determine whether the experiences in obtaining external financing had an impact on the growth motivation of the owners. A qualitative study was conducted to discover the factors that influence business owners' motivation to expand and upgrade the size of their business category. The study's findings has emerged the motivating drivers that influences the growth motivation of the owners. Based on the result of the study, access to finance rationalizes the stagnation and survival mentalities of micro and small business owners.

Сутність економічного розвитку підприємства

The methodological basis for understanding the essence of the definition of «development» was the generalized results of research by various scientific schools in this direction. On the basis of the dialectical estimation of scientific research carried out by the author on the existing understanding of the essence of economic development and economic development of enterprise, it is proposed to group existing views in accordance with three approaches, namely: extensive-intensive transformation, the process system of dynamic transformations, cyclical evolutionary transformation. The carried out study of the essence and features of the economic development of enterprises allowed to identify the main components of this process as a system and build a conception of economic development of the enterprise. A detailed study of the essence and peculiarities of the interpretation of development of enterprise of different according to various scientific views made it possible to assert that the development of an enterprise is a multifaceted process, which is characterized by the following signs: the development of enterprise is a result of evolutionary transformations in society together with economic activity; the development of enterprise is determined by the need to adapt organizational-economic flow processes in accordance with structural changes in the economic system of all spheres of activity; the development of enterprise stimulates the qualitative transformation of the management system and the organization of economic activity; the development of enterprise involves the construction of a flexible, balanced and adapted to the market environment of the organizational-economic system of functioning in time and space; the level of development of enterprise depends on resources; it also depends on competences and relevance of existing potential in relation to the possibility of its implementation at the appropriate time and place; the development of enterprise is determined by the desire to increase efficiency and gain competitive advantages.